IHI vs. COMT
IHI (iShares U.S. Medical Devices ETF) and COMT (iShares GSCI Commodity Dynamic Roll Strategy ETF) are both exchange-traded funds - IHI is a Health & Biotech Equities fund tracking the Dow Jones U.S. Select Medical Equipment Index, while COMT is a Commodities fund tracking the S&P GSCI Dynamic Roll (USD) Total Return Index. Both are passively managed. Over the past 10 years, IHI returned 8.80%/yr vs 8.33%/yr for COMT. At a 0.14 correlation, their price movements are largely independent. IHI charges 0.38%/yr vs 0.48%/yr for COMT.
Performance
IHI vs. COMT - Performance Comparison
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Returns By Period
In the year-to-date period, IHI achieves a -15.82% return, which is significantly lower than COMT's 30.19% return. Over the past 10 years, IHI has outperformed COMT with an annualized return of 8.80%, while COMT has yielded a comparatively lower 8.33% annualized return.
IHI
- 1D
- 4.69%
- 1M
- 4.59%
- 6M
- -16.18%
- YTD
- -15.82%
- 1Y
- -13.79%
- 3Y*
- -2.13%
- 5Y*
- -2.62%
- 10Y*
- 8.80%
COMT
- 1D
- -0.49%
- 1M
- 2.53%
- 6M
- 26.18%
- YTD
- 30.19%
- 1Y
- 33.20%
- 3Y*
- 12.71%
- 5Y*
- 11.75%
- 10Y*
- 8.33%
IHI vs. COMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IHI iShares U.S. Medical Devices ETF | -15.82% | 6.88% | 8.62% | 3.24% | -19.80% | 21.03% | 24.17% | 32.75% | 15.45% | 30.81% |
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF | 30.19% | 6.07% | 5.96% | -6.56% | 19.45% | 36.88% | -18.66% | 10.81% | -6.67% | 11.70% |
Correlation
The correlation between IHI and COMT is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2014 | 0.14 |
The correlation between IHI and COMT shifts across timeframes, from -0.21 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IHI vs. COMT — Risk / Return Rank
IHI
COMT
IHI vs. COMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Medical Devices ETF (IHI) and iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT). 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.
| IHI | COMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.27 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.27 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 1.90 | -2.43 |
| Martin ratioReturn relative to average drawdown | -1.10 | 6.35 | -7.45 |
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Drawdowns
IHI vs. COMT - Drawdown Comparison
The maximum IHI drawdown since its inception was -49.65%, roughly equal to the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for IHI and COMT.
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Drawdown Indicators
| IHI | COMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.65% | -51.89% | +2.24% |
Max Drawdown (1Y)Largest decline over 1 year | -26.11% | -17.57% | -8.54% |
Max Drawdown (3Y)Largest decline over 3 years | -26.64% | -17.57% | -9.07% |
Max Drawdown (5Y)Largest decline over 5 years | -33.12% | -29.00% | -4.12% |
Max Drawdown (10Y)Largest decline over 10 years | -33.25% | -39.22% | +5.97% |
Current DrawdownCurrent decline from peak | -20.51% | -11.28% | -9.23% |
Average DrawdownAverage peak-to-trough decline | -8.40% | -23.95% | +15.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.56% | 5.24% | +7.32% |
Volatility
IHI vs. COMT - Volatility Comparison
iShares U.S. Medical Devices ETF (IHI) has a higher volatility of 9.55% compared to iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) at 5.91%. This indicates that IHI's price experiences larger fluctuations and is considered to be riskier than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IHI | COMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.55% | 5.91% | +3.64% |
Volatility (6M)Calculated over the trailing 6-month period | 15.84% | 19.67% | -3.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.29% | 21.54% | -2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.44% | 21.20% | -1.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.95% | 18.85% | +1.10% |
IHI vs. COMT - Expense Ratio Comparison
IHI has a 0.38% expense ratio, which is lower than COMT's 0.48% expense ratio.
Dividends
IHI vs. COMT - Dividend Comparison
IHI's dividend yield for the trailing twelve months is around 0.46%, less than COMT's 5.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF | 5.95% | 7.74% | 4.90% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% |
IHI iShares U.S. Medical Devices ETF | 0.46% | 0.34% | 0.46% | 0.53% | 0.45% | 0.25% | 0.25% | 0.33% | 0.26% | 0.37% | 0.55% | 1.28% |
Frequently Asked Questions
IHI and COMT have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IHI has higher volatility (9.55%) compared to COMT (5.91%). In terms of maximum drawdown, IHI dropped -49.65% vs COMT's -51.89%.
On 10-year performance, IHI leads with 8.80% vs 8.33% for COMT. On fees, IHI is cheaper at 0.38% per year. On volatility, COMT has been the lower-risk option at 5.91%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IHI has performed better with a 8.80% return vs 8.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IHI is cheaper with a 0.38% expense ratio, compared with 0.48% for COMT.
COMT has the higher dividend yield at 5.95%, compared with 0.46% for IHI.
IHI is categorized as Health & Biotech Equities, while COMT is Commodities. IHI tracks Dow Jones U.S. Select Medical Equipment Index, while COMT tracks S&P GSCI Dynamic Roll (USD) Total Return Index. Their fees differ too: 0.38% for IHI and 0.48% for COMT.
COMT currently has the higher Sharpe Ratio (1.55 vs -0.72), 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.
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