IXJ vs. HEAW.L
Compare and contrast key facts about iShares Global Healthcare ETF (IXJ) and SPDR MSCI World Health Care UCITS ETF (HEAW.L).
IXJ and HEAW.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IXJ is a passively managed fund by iShares that tracks the performance of the S&P Global Healthcare Sector Index. It was launched on Nov 13, 2001. HEAW.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Apr 29, 2016. Both IXJ and HEAW.L 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: IXJ or HEAW.L.
Correlation
The correlation between IXJ and HEAW.L is 0.41, 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.
Performance
IXJ vs. HEAW.L - Performance Comparison
Key characteristics
IXJ:
-0.08
HEAW.L:
-0.62
IXJ:
-0.01
HEAW.L:
-0.74
IXJ:
1.00
HEAW.L:
0.90
IXJ:
-0.06
HEAW.L:
-0.46
IXJ:
-0.14
HEAW.L:
-1.34
IXJ:
7.81%
HEAW.L:
5.95%
IXJ:
14.03%
HEAW.L:
12.78%
IXJ:
-40.60%
HEAW.L:
-17.26%
IXJ:
-13.07%
HEAW.L:
-15.24%
Returns By Period
In the year-to-date period, IXJ achieves a 1.66% return, which is significantly higher than HEAW.L's -5.75% return.
IXJ
1.66%
-3.72%
-7.11%
-0.53%
6.57%
6.70%
HEAW.L
-5.75%
-7.45%
-11.05%
-7.97%
N/A
N/A
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IXJ vs. HEAW.L - Expense Ratio Comparison
IXJ has a 0.46% expense ratio, which is higher than HEAW.L's 0.30% expense ratio.
Risk-Adjusted Performance
IXJ vs. HEAW.L — Risk-Adjusted Performance Rank
IXJ
HEAW.L
IXJ vs. HEAW.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Healthcare ETF (IXJ) and SPDR MSCI World Health Care UCITS ETF (HEAW.L). 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
IXJ vs. HEAW.L - Dividend Comparison
IXJ's dividend yield for the trailing twelve months is around 1.47%, while HEAW.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXJ iShares Global Healthcare ETF | 1.47% | 1.50% | 1.38% | 1.17% | 1.12% | 1.27% | 1.42% | 2.11% | 1.47% | 1.73% | 2.85% | 1.38% |
HEAW.L SPDR MSCI World Health Care UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IXJ vs. HEAW.L - Drawdown Comparison
The maximum IXJ drawdown since its inception was -40.60%, which is greater than HEAW.L's maximum drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for IXJ and HEAW.L. For additional features, visit the drawdowns tool.
Volatility
IXJ vs. HEAW.L - Volatility Comparison
The current volatility for iShares Global Healthcare ETF (IXJ) is 8.96%, while SPDR MSCI World Health Care UCITS ETF (HEAW.L) has a volatility of 9.72%. This indicates that IXJ experiences smaller price fluctuations and is considered to be less risky than HEAW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.