IHF vs. IYT

Last updated Apr 2, 2026

Compare and contrast key facts about iShares U.S. Healthcare Providers ETF (IHF) and iShares Transportation Average ETF (IYT).

IHF and IYT 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. IYT is a passively managed fund by iShares that tracks the performance of the Dow Jones Transportation Average Index. It was launched on Oct 10, 2003. Both IHF and IYT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IHF vs. IYT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Healthcare Providers ETF (IHF) and iShares Transportation Average ETF (IYT). The values are adjusted to include any dividend payments, if applicable.

IHF vs. IYT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHF iShares U.S. Healthcare Providers ETF	-11.80%	0.92%	-7.90%	-1.11%	-7.11%	24.46%	17.67%	22.34%	9.56%	25.45%
IYT iShares Transportation Average ETF	1.39%	11.48%	4.10%	24.62%	-21.74%	26.41%	14.20%	20.11%	-12.87%	18.89%

Returns By Period

In the year-to-date period, IHF achieves a -11.80% return, which is significantly lower than IYT's 1.39% return. Over the past 10 years, IHF has underperformed IYT with an annualized return of 6.59%, while IYT has yielded a comparatively higher 9.12% annualized return.

IHF

• 1D: 0.72%
• 1M: -8.08%
• YTD: -11.80%
• 6M: -13.91%
• 1Y: -19.13%
• 3Y*: -4.32%
• 5Y*: -2.61%
• 10Y*: 6.59%

IYT

• 1D: 0.90%
• 1M: -7.82%
• YTD: 1.39%
• 6M: 6.28%
• 1Y: 19.03%
• 3Y*: 11.04%
• 5Y*: 4.22%
• 10Y*: 9.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IHF vs. IYT - Expense Ratio Comparison

IHF has a 0.43% expense ratio, which is higher than IYT's 0.42% expense ratio.

IHF

iShares U.S. Healthcare Providers ETF

IYT

iShares Transportation Average ETF

Return for Risk

IHF vs. IYT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IHF

IHF Risk / Return Rank: 2
IHF Sharpe Ratio Rank: 1
IHF Sortino Ratio Rank: 2
IHF Omega Ratio Rank: 2
IHF Calmar Ratio Rank: 1
IHF Martin Ratio Rank: 2

IYT

IYT Risk / Return Rank: 41
IYT Sharpe Ratio Rank: 37
IYT Sortino Ratio Rank: 42
IYT Omega Ratio Rank: 39
IYT Calmar Ratio Rank: 46
IYT Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IHF vs. IYT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Healthcare Providers ETF (IHF) and iShares Transportation Average ETF (IYT). 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.

	IHF	IYT	Difference
Sharpe ratio Return per unit of total volatility	-0.79	0.73	-1.53
Sortino ratio Return per unit of downside risk	-0.91	1.22	-2.14
Omega ratio Gain probability vs. loss probability	0.87	1.16	-0.30
Calmar ratio Return relative to maximum drawdown	-0.77	1.26	-2.02
Martin ratio Return relative to average drawdown	-1.40	4.24	-5.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHF vs. IYT - Sharpe Ratio Comparison

The current IHF Sharpe Ratio is -0.79, which is lower than the IYT Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of IHF and IYT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IHF	IYT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.79	0.73	-1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	0.19	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.40	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.40	-0.05

Correlation

The correlation between IHF and IYT is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IHF vs. IYT - Dividend Comparison

IHF's dividend yield for the trailing twelve months is around 1.26%, more than IYT's 1.06% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHF iShares U.S. Healthcare Providers ETF	1.26%	1.05%	0.86%	0.79%	0.74%	0.56%	0.53%	0.58%	4.01%	0.19%	0.25%	0.20%
IYT iShares Transportation Average ETF	1.06%	1.00%	1.08%	1.26%	1.40%	0.77%	0.93%	1.29%	1.35%	0.92%	0.96%	1.28%

Drawdowns

IHF vs. IYT - Drawdown Comparison

The maximum IHF drawdown since its inception was -58.42%, roughly equal to the maximum IYT drawdown of -60.39%. Use the drawdown chart below to compare losses from any high point for IHF and IYT.

Drawdown Indicators

	IHF	IYT	Difference
Max Drawdown Largest peak-to-trough decline	-58.42%	-60.39%	+1.97%
Max Drawdown (1Y) Largest decline over 1 year	-25.16%	-15.01%	-10.15%
Max Drawdown (5Y) Largest decline over 5 years	-29.85%	-29.15%	-0.70%
Max Drawdown (10Y) Largest decline over 10 years	-35.23%	-41.28%	+6.05%
Current Drawdown Current decline from peak	-26.81%	-8.32%	-18.49%
Average Drawdown Average peak-to-trough decline	-10.59%	-9.37%	-1.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.78%	4.45%	+9.33%

Volatility

IHF vs. IYT - Volatility Comparison

The current volatility for iShares U.S. Healthcare Providers ETF (IHF) is 5.01%, while iShares Transportation Average ETF (IYT) has a volatility of 7.84%. This indicates that IHF experiences smaller price fluctuations and is considered to be less risky than IYT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHF	IYT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.01%	7.84%	-2.83%
Volatility (6M) Calculated over the trailing 6-month period	15.73%	14.66%	+1.07%
Volatility (1Y) Calculated over the trailing 1-year period	24.20%	26.03%	-1.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.90%	22.07%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.94%	23.04%	-2.10%