IUHC.L vs. SPY
Compare and contrast key facts about iShares S&P 500 USD Health Care Sector UCITS (IUHC.L) and SPDR S&P 500 ETF (SPY).
IUHC.L and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUHC.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Nov 20, 2015. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both IUHC.L and SPY 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: IUHC.L or SPY.
Key characteristics
| IUHC.L | SPY | |
|---|---|---|
| YTD Return | 15.32% | 18.37% |
| 1Y Return | 19.01% | 26.96% |
| 3Y Return (Ann) | 7.00% | 9.40% |
| 5Y Return (Ann) | 12.87% | 15.01% |
| Sharpe Ratio | 1.80 | 2.14 |
| Daily Std Dev | 10.81% | 12.67% |
| Max Drawdown | -27.44% | -55.19% |
| Current Drawdown | -0.77% | -1.02% |
Correlation
The correlation between IUHC.L and SPY is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IUHC.L vs. SPY - Performance Comparison
In the year-to-date period, IUHC.L achieves a 15.32% return, which is significantly lower than SPY's 18.37% 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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IUHC.L vs. SPY - Expense Ratio Comparison
IUHC.L has a 0.15% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IUHC.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 USD Health Care Sector UCITS (IUHC.L) and SPDR S&P 500 ETF (SPY). 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
IUHC.L vs. SPY - Dividend Comparison
IUHC.L has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUHC.L iShares S&P 500 USD Health Care Sector UCITS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
IUHC.L vs. SPY - Drawdown Comparison
The maximum IUHC.L drawdown since its inception was -27.44%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IUHC.L and SPY. For additional features, visit the drawdowns tool.
Volatility
IUHC.L vs. SPY - Volatility Comparison
The current volatility for iShares S&P 500 USD Health Care Sector UCITS (IUHC.L) is 3.01%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.91%. This indicates that IUHC.L experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.