IHF vs. FXH
Compare and contrast key facts about iShares U.S. Healthcare Providers ETF (IHF) and First Trust Health Care AlphaDEX Fund (FXH).
IHF and FXH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHF is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Health Care Providers Index. It was launched on May 5, 2006. FXH is a passively managed fund by First Trust that tracks the performance of the StrataQuant Health Care Index. It was launched on May 8, 2007. Both IHF and FXH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IHF or FXH.
Key characteristics
| IHF | FXH | |
|---|---|---|
| YTD Return | 4.82% | 8.57% |
| 1Y Return | 12.25% | 23.73% |
| 3Y Return (Ann) | 0.00% | -2.19% |
| 5Y Return (Ann) | 9.10% | 7.50% |
| 10Y Return (Ann) | 10.39% | 6.83% |
| Sharpe Ratio | 0.74 | 1.64 |
| Sortino Ratio | 1.11 | 2.33 |
| Omega Ratio | 1.15 | 1.28 |
| Calmar Ratio | 0.70 | 0.73 |
| Martin Ratio | 2.87 | 7.13 |
| Ulcer Index | 3.78% | 2.96% |
| Daily Std Dev | 14.58% | 12.84% |
| Max Drawdown | -58.82% | -43.70% |
| Current Drawdown | -6.41% | -11.85% |
Correlation
The correlation between IHF and FXH is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IHF vs. FXH - Performance Comparison
In the year-to-date period, IHF achieves a 4.82% return, which is significantly lower than FXH's 8.57% return. Over the past 10 years, IHF has outperformed FXH with an annualized return of 10.39%, while FXH has yielded a comparatively lower 6.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IHF vs. FXH - Expense Ratio Comparison
IHF has a 0.43% expense ratio, which is lower than FXH's 0.61% expense ratio.
Risk-Adjusted Performance
IHF vs. FXH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Healthcare Providers ETF (IHF) and First Trust Health Care AlphaDEX Fund (FXH). 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.
Dividends
IHF vs. FXH - Dividend Comparison
IHF's dividend yield for the trailing twelve months is around 0.74%, more than FXH's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHF iShares U.S. Healthcare Providers ETF | 0.74% | 0.79% | 1.27% | 0.56% | 0.53% | 0.58% | 4.01% | 0.19% | 0.25% | 0.20% | 0.18% | 0.23% |
FXH First Trust Health Care AlphaDEX Fund | 0.42% | 0.24% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
Drawdowns
IHF vs. FXH - Drawdown Comparison
The maximum IHF drawdown since its inception was -58.82%, which is greater than FXH's maximum drawdown of -43.70%. Use the drawdown chart below to compare losses from any high point for IHF and FXH. For additional features, visit the drawdowns tool.
Volatility
IHF vs. FXH - Volatility Comparison
iShares U.S. Healthcare Providers ETF (IHF) has a higher volatility of 6.34% compared to First Trust Health Care AlphaDEX Fund (FXH) at 3.58%. This indicates that IHF's price experiences larger fluctuations and is considered to be riskier than FXH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.