IHE vs. TEVA
IHE (iShares U.S. Pharmaceuticals ETF) is Health & Biotech Equities fund tracking the Dow Jones U.S. Select Pharmaceuticals Index, while TEVA (Teva Pharmaceutical Industries Limited) is a stock. Over the past 10 years, IHE returned 7.97%/yr vs -4.12%/yr for TEVA. At a 0.45 correlation, their price movements are largely independent.
Performance
IHE vs. TEVA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IHE achieves a 9.33% return, which is significantly lower than TEVA's 10.32% return. Over the past 10 years, IHE has outperformed TEVA with an annualized return of 7.97%, while TEVA has yielded a comparatively lower -4.12% annualized return.
IHE
- 1D
- 2.69%
- 1M
- 3.48%
- YTD
- 9.33%
- 6M
- 12.42%
- 1Y
- 43.59%
- 3Y*
- 18.33%
- 5Y*
- 10.57%
- 10Y*
- 7.97%
TEVA
- 1D
- 4.87%
- 1M
- -3.99%
- YTD
- 10.32%
- 6M
- 21.19%
- 1Y
- 96.52%
- 3Y*
- 68.40%
- 5Y*
- 27.05%
- 10Y*
- -4.12%
IHE vs. TEVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IHE iShares U.S. Pharmaceuticals ETF | 9.33% | 31.69% | 8.13% | 1.06% | -4.87% | 13.07% | 13.66% | 15.47% | -7.76% | 10.64% |
TEVA Teva Pharmaceutical Industries Limited | 10.32% | 41.61% | 111.11% | 14.47% | 13.86% | -16.99% | -1.53% | -36.45% | -18.63% | -46.18% |
Correlation
The correlation between IHE and TEVA is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since May 8, 2006 | 0.45 |
The correlation between IHE and TEVA shifts across timeframes, from 0.34 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IHE vs. TEVA — Risk / Return Rank
IHE
TEVA
IHE vs. TEVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Pharmaceuticals ETF (IHE) and Teva Pharmaceutical Industries Limited (TEVA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| IHE | TEVA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.47 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.17 | 4.45 | +0.72 |
| Martin ratioReturn relative to average drawdown | 15.58 | 12.15 | +3.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IHE | TEVA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.54 | 2.49 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.63 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | -0.09 | +0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.32 | +0.20 |
Drawdowns
IHE vs. TEVA - Drawdown Comparison
The maximum IHE drawdown since its inception was -38.20%, smaller than the maximum TEVA drawdown of -90.89%. Use the drawdown chart below to compare losses from any high point for IHE and TEVA.
Loading charts...
Drawdown Indicators
| IHE | TEVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.20% | -90.89% | +52.69% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -21.79% | +13.32% |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | -43.70% | +27.78% |
Max Drawdown (5Y)Largest decline over 5 years | -16.03% | -43.70% | +27.67% |
Max Drawdown (10Y)Largest decline over 10 years | -29.59% | -88.41% | +58.82% |
Current DrawdownCurrent decline from peak | -0.18% | -49.11% | +48.93% |
Average DrawdownAverage peak-to-trough decline | -7.92% | -32.00% | +24.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 7.97% | -5.16% |
Volatility
IHE vs. TEVA - Volatility Comparison
The current volatility for iShares U.S. Pharmaceuticals ETF (IHE) is 6.04%, while Teva Pharmaceutical Industries Limited (TEVA) has a volatility of 8.99%. This indicates that IHE experiences smaller price fluctuations and is considered to be less risky than TEVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IHE | TEVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.04% | 8.99% | -2.95% |
Volatility (6M)Calculated over the trailing 6-month period | 12.70% | 23.65% | -10.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.26% | 38.94% | -21.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.28% | 42.95% | -26.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.07% | 47.32% | -29.25% |
Dividends
IHE vs. TEVA - Dividend Comparison
IHE's dividend yield for the trailing twelve months is around 1.61%, while TEVA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHE iShares U.S. Pharmaceuticals ETF | 1.61% | 1.76% | 1.73% | 1.39% | 2.01% | 1.49% | 1.19% | 1.40% | 1.25% | 1.36% | 0.92% | 1.93% |
TEVA Teva Pharmaceutical Industries Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.88% | 3.19% | 1.77% |
Frequently Asked Questions
IHE and TEVA have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEVA has higher volatility (8.99%) compared to IHE (6.04%). In terms of maximum drawdown, IHE dropped -38.20% vs TEVA's -90.89%.
IHE currently has the higher Sharpe Ratio (2.54 vs 2.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IHE and TEVA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer