IYE vs. IYH
Compare and contrast key facts about iShares U.S. Energy ETF (IYE) and iShares U.S. Healthcare ETF (IYH).
IYE and IYH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYE is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Oil & Gas Index. It was launched on Jun 12, 2000. IYH is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Health Care Index. It was launched on Jun 12, 2000. Both IYE and IYH 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: IYE or IYH.
Key characteristics
| IYE | IYH | |
|---|---|---|
| YTD Return | 11.90% | 5.90% |
| 1Y Return | 21.10% | 14.17% |
| 3Y Return (Ann) | 23.77% | 10.28% |
| 5Y Return (Ann) | 11.72% | 16.80% |
| 10Y Return (Ann) | 2.65% | 17.11% |
| Sharpe Ratio | 1.19 | 1.33 |
| Daily Std Dev | 18.28% | 10.48% |
| Max Drawdown | -73.85% | -41.50% |
| Current Drawdown | -4.10% | -2.33% |
Correlation
The correlation between IYE and IYH is 0.42, 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
IYE vs. IYH - Performance Comparison
In the year-to-date period, IYE achieves a 11.90% return, which is significantly higher than IYH's 5.90% return. Over the past 10 years, IYE has underperformed IYH with an annualized return of 2.65%, while IYH has yielded a comparatively higher 17.11% annualized 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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IYE vs. IYH - Expense Ratio Comparison
IYE has a 0.42% expense ratio, which is lower than IYH's 0.43% expense ratio.
Risk-Adjusted Performance
IYE vs. IYH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Energy ETF (IYE) and iShares U.S. Healthcare ETF (IYH). 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
IYE vs. IYH - Dividend Comparison
IYE's dividend yield for the trailing twelve months is around 2.52%, less than IYH's 4.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYE iShares U.S. Energy ETF | 2.52% | 2.99% | 3.37% | 2.98% | 4.75% | 6.52% | 3.06% | 2.61% | 2.04% | 3.31% | 1.99% | 1.49% |
IYH iShares U.S. Healthcare ETF | 4.58% | 5.90% | 5.50% | 4.69% | 5.82% | 5.69% | 9.77% | 5.51% | 6.44% | 10.11% | 5.23% | 5.59% |
Drawdowns
IYE vs. IYH - Drawdown Comparison
The maximum IYE drawdown since its inception was -73.85%, which is greater than IYH's maximum drawdown of -41.50%. Use the drawdown chart below to compare losses from any high point for IYE and IYH. For additional features, visit the drawdowns tool.
Volatility
IYE vs. IYH - Volatility Comparison
iShares U.S. Energy ETF (IYE) has a higher volatility of 4.46% compared to iShares U.S. Healthcare ETF (IYH) at 2.14%. This indicates that IYE's price experiences larger fluctuations and is considered to be riskier than IYH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.