ITOL vs. HRTS

Last updated Jun 4, 2026

ITOL (Tema International Durable Quality ETF) and HRTS (Tema Obesity & Cardiometabolic ETF) are both exchange-traded funds - ITOL is a Foreign Large Cap Equities fund actively managed by Tema, while HRTS is a Health & Biotech Equities fund actively managed by Tema. Both are actively managed. A 0.51 correlation means they provide meaningful diversification when combined. ITOL charges 0.60%/yr vs 0.75%/yr for HRTS.

Performance

ITOL vs. HRTS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema International Durable Quality ETF (ITOL) and Tema Obesity & Cardiometabolic ETF (HRTS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITOL achieves a 0.58% return, which is significantly higher than HRTS's -5.70% return.

ITOL

• 1D: 0.00%
• 1M: 1.19%
• YTD: 0.58%
• 6M: 3.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HRTS

• 1D: 0.51%
• 1M: -0.90%
• YTD: -5.70%
• 6M: -5.48%
• 1Y: 20.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITOL vs. HRTS - Yearly Performance Comparison

	2026 (YTD)	2025
ITOL Tema International Durable Quality ETF	0.58%	3.85%
HRTS Tema Obesity & Cardiometabolic ETF	-5.70%	16.56%

Correlation

The correlation between ITOL and HRTS is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 12, 2025	0.51

Return for Risk

ITOL vs. HRTS — Risk / Return Rank

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

HRTS

HRTS Risk / Return Rank: 36
HRTS Sharpe Ratio Rank: 37
HRTS Sortino Ratio Rank: 38
HRTS Omega Ratio Rank: 33
HRTS Calmar Ratio Rank: 39
HRTS Martin Ratio Rank: 32

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.

ITOL vs. HRTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema International Durable Quality ETF (ITOL) and Tema Obesity & Cardiometabolic ETF (HRTS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ITOL	HRTS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.31	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.55	-0.20

Drawdowns

ITOL vs. HRTS - Drawdown Comparison

The maximum ITOL drawdown since its inception was -15.54%, smaller than the maximum HRTS drawdown of -25.81%. Use the drawdown chart below to compare losses from any high point for ITOL and HRTS.

Drawdown Indicators

	ITOL	HRTS	Difference
Max Drawdown Largest peak-to-trough decline	-15.54%	-25.81%	+10.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.01%	—
Current Drawdown Current decline from peak	-5.46%	-9.14%	+3.68%
Average Drawdown Average peak-to-trough decline	-3.59%	-9.02%	+5.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.36%	—

Volatility

Volatility by Period

	ITOL	HRTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.90%	16.03%	+1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.90%	19.07%	-1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.90%	19.07%	-1.17%

ITOL vs. HRTS - Expense Ratio Comparison

ITOL has a 0.60% expense ratio, which is lower than HRTS's 0.75% expense ratio.

Dividends

ITOL vs. HRTS - Dividend Comparison

ITOL's dividend yield for the trailing twelve months is around 0.13%, less than HRTS's 1.42% yield.

Position	TTM	2025	2024
HRTS Tema Obesity & Cardiometabolic ETF	1.42%	1.34%	1.63%
ITOL Tema International Durable Quality ETF	0.13%	0.13%	0.00%

Frequently Asked Questions

Can I hold both ITOL and HRTS in my portfolio?

ITOL and HRTS have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ITOL or HRTS?

On fees, ITOL is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ITOL or HRTS?

ITOL is cheaper with a 0.60% expense ratio, compared with 0.75% for HRTS.

Which ETF pays a higher dividend yield, ITOL or HRTS?

HRTS has the higher dividend yield at 1.42%, compared with 0.13% for ITOL.

What is the main difference between ITOL and HRTS?

ITOL is categorized as Foreign Large Cap Equities, while HRTS is Health & Biotech Equities. Their fees differ too: 0.60% for ITOL and 0.75% for HRTS.