IHF vs. VIG

Last updated Jun 16, 2026

IHF (iShares U.S. Healthcare Providers ETF) and VIG (Vanguard Dividend Appreciation ETF) are both exchange-traded funds - IHF is a Health & Biotech Equities fund tracking the Dow Jones U.S. Select Health Care Providers Index, while VIG is a Dividend fund tracking the S&P U.S. Dividend Growers Index. Both are passively managed. Over the past 10 years, IHF returned 8.92%/yr vs 13.32%/yr for VIG. A 0.65 correlation means they provide meaningful diversification when combined. IHF charges 0.43%/yr vs 0.04%/yr for VIG.

Performance

IHF vs. VIG - Performance Comparison

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

Returns By Period

In the year-to-date period, IHF achieves a 12.14% return, which is significantly higher than VIG's 8.21% return. Over the past 10 years, IHF has underperformed VIG with an annualized return of 8.92%, while VIG has yielded a comparatively higher 13.32% annualized return.

IHF

• 1D: 0.20%
• 1M: 5.26%
• YTD: 12.14%
• 6M: 9.79%
• 1Y: 13.12%
• 3Y*: 3.52%
• 5Y*: 1.18%
• 10Y*: 8.92%

VIG

• 1D: 0.49%
• 1M: 3.27%
• YTD: 8.21%
• 6M: 7.66%
• 1Y: 20.11%
• 3Y*: 15.75%
• 5Y*: 11.11%
• 10Y*: 13.32%

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

IHF vs. VIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHF iShares U.S. Healthcare Providers ETF	12.14%	0.92%	-7.90%	-1.11%	-7.11%	24.46%	17.67%	22.34%	9.56%	25.45%
VIG Vanguard Dividend Appreciation ETF	8.21%	14.17%	16.99%	14.51%	-9.80%	23.76%	15.43%	29.62%	-2.08%	22.22%

Correlation

The correlation between IHF and VIG is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since May 5, 2006	0.65

Over the past year, the correlation between IHF and VIG has dropped to 0.43 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.

IHF vs. VIG - Sectors Allocation Comparison

Sectors	IHF	VIG
Healthcare	99.1%	16.5%
Financial Services	0.5%	20.6%
Technology	0.3%	26.2%
Basic Materials	-	3.5%
Communication Services	-	0.5%
Consumer Cyclical	-	4.7%
Consumer Defensive	-	10.1%
Energy	-	3.5%
Industrials	-	11.8%
Real Estate	-	-
Utilities	-	3.2%

Return for Risk

IHF vs. VIG — Risk / Return Rank

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

IHF

IHF Risk / Return Rank: 19
IHF Sharpe Ratio Rank: 20
IHF Sortino Ratio Rank: 18
IHF Omega Ratio Rank: 21
IHF Calmar Ratio Rank: 18
IHF Martin Ratio Rank: 17

VIG

VIG Risk / Return Rank: 65
VIG Sharpe Ratio Rank: 69
VIG Sortino Ratio Rank: 72
VIG Omega Ratio Rank: 67
VIG Calmar Ratio Rank: 57
VIG Martin Ratio Rank: 62

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. VIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Healthcare Providers ETF (IHF) and Vanguard Dividend Appreciation ETF (VIG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IHF	VIG	Difference
Sharpe ratio: Return per unit of total volatility	0.60	2.00	-1.39
Sortino ratio: Return per unit of downside risk	0.89	2.89	-2.00
Omega ratio: Gain probability vs. loss probability	1.13	1.36	-0.22
Calmar ratio: Return relative to maximum drawdown	0.67	2.55	-1.88
Martin ratio: Return relative to average drawdown	1.55	10.30	-8.75

IHF vs. VIG - Sharpe Ratio Comparison

The current IHF Sharpe Ratio is 0.60, which is lower than the VIG Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of IHF and VIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IHF vs. VIG - Drawdown Comparison

The maximum IHF drawdown since its inception was -58.42%, which is greater than VIG's maximum drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for IHF and VIG.

Drawdown Indicators

	IHF	VIG	Difference
Max Drawdown Largest peak-to-trough decline	-58.42%	-46.81%	-11.61%
Max Drawdown (1Y) Largest decline over 1 year	-19.72%	-7.91%	-11.81%
Max Drawdown (3Y) Largest decline over 3 years	-29.85%	-14.95%	-14.90%
Max Drawdown (5Y) Largest decline over 5 years	-29.85%	-20.39%	-9.46%
Max Drawdown (10Y) Largest decline over 10 years	-35.23%	-31.72%	-3.51%
Current Drawdown Current decline from peak	-6.95%	0.00%	-6.95%
Average Drawdown Average peak-to-trough decline	-10.64%	-5.51%	-5.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.51%	1.96%	+6.55%

Volatility

IHF vs. VIG - Volatility Comparison

iShares U.S. Healthcare Providers ETF (IHF) has a higher volatility of 5.07% compared to Vanguard Dividend Appreciation ETF (VIG) at 2.83%. This indicates that IHF's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHF	VIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	2.83%	+2.24%
Volatility (6M) Calculated over the trailing 6-month period	16.07%	7.76%	+8.31%
Volatility (1Y) Calculated over the trailing 1-year period	21.85%	10.14%	+11.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.18%	14.26%	+4.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.02%	16.07%	+4.95%

IHF vs. VIG - Expense Ratio Comparison

IHF has a 0.43% expense ratio, which is higher than VIG's 0.04% expense ratio.

Dividends

IHF vs. VIG - Dividend Comparison

IHF's dividend yield for the trailing twelve months is around 1.09%, less than VIG's 1.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHF iShares U.S. Healthcare Providers ETF	1.09%	1.05%	0.86%	0.79%	0.74%	0.56%	0.53%	0.58%	4.01%	0.19%	0.25%	0.20%
VIG Vanguard Dividend Appreciation ETF	1.46%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%

Frequently Asked Questions

Can I hold both IHF and VIG in my portfolio?

IHF and VIG have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IHF or VIG?

IHF has higher volatility (5.07%) compared to VIG (2.83%). In terms of maximum drawdown, IHF dropped -58.42% vs VIG's -46.81%.

Which ETF is better, IHF or VIG?

On 10-year performance, VIG leads with 13.32% vs 8.92% for IHF. On fees, VIG is cheaper at 0.04% per year. On volatility, VIG has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IHF or VIG?

Over the 10-year period, VIG has performed better with a 13.32% return vs 8.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IHF or VIG?

VIG is cheaper with a 0.04% expense ratio, compared with 0.43% for IHF.

Which ETF pays a higher dividend yield, IHF or VIG?

VIG has the higher dividend yield at 1.46%, compared with 1.09% for IHF.

What is the main difference between IHF and VIG?

IHF is categorized as Health & Biotech Equities, while VIG is Dividend. IHF tracks Dow Jones U.S. Select Health Care Providers Index, while VIG tracks S&P U.S. Dividend Growers Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.43% for IHF and 0.04% for VIG.

Which has better risk-adjusted returns?

VIG currently has the higher Sharpe Ratio (2.00 vs 0.60), 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.