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IYH vs. COLO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IYH vs. COLO

Last updated Jul 21, 2026
Documentation

IYH (iShares U.S. Healthcare ETF) and COLO (Global X MSCI Colombia ETF) are both exchange-traded funds - IYH is a Health & Biotech Equities fund tracking the Dow Jones U.S. Health Care Index, while COLO is a Latin America Equities fund tracking the MSCI All Colombia Select 25/50 Index. Both are passively managed. Over the past 10 years, IYH returned 9.38%/yr vs 6.73%/yr for COLO. At a 0.32 correlation, their price movements are largely independent. IYH charges 0.43%/yr vs 0.62%/yr for COLO.

Performance

IYH vs. COLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Healthcare ETF (IYH) and Global X MSCI Colombia ETF (COLO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IYH achieves a 3.48% return, which is significantly lower than COLO's 25.39% return. Over the past 10 years, IYH has outperformed COLO with an annualized return of 9.38%, while COLO has yielded a comparatively lower 6.73% annualized return.

IYH

1D
-1.19%
1M
6.88%
6M
2.90%
YTD
3.48%
1Y
22.59%
3Y*
6.68%
5Y*
4.93%
10Y*
9.38%
ALL TIME*
7.93%

COLO

1D
0.27%
1M
1.43%
6M
11.05%
YTD
25.39%
1Y
56.44%
3Y*
33.47%
5Y*
18.08%
10Y*
6.73%
ALL TIME*
5.84%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IYH vs. COLO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IYH
iShares U.S. Healthcare ETF		3.48%13.16%2.99%2.14%-4.46%23.41%15.56%20.80%5.80%22.27%
COLO
Global X MSCI Colombia ETF		25.39%68.88%4.68%24.92%-21.32%-11.50%-14.60%30.42%-19.88%11.88%

Correlation

The correlation between IYH and COLO is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.10

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.23

Correlation (10Y)
Calculated over the trailing 10-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Feb 9, 2009

0.32

Over the past year, the correlation between IYH and COLO has dropped to 0.10 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.

IYH vs. COLO - Sectors Allocation Comparison

Sectors
IYH
COLO

Healthcare

100.0%

-

Basic Materials

-

18.4%

Communication Services

-

2.5%

Consumer Cyclical

-

1.7%

Consumer Defensive

-

-

Energy

-

15.2%

Financial Services

-

40.5%

Industrials

-

2.0%

Real Estate

-

-

Technology

-

-

Utilities

-

19.6%

Healthcare

IYH
100.0%
COLO

-

Basic Materials

IYH

-

COLO
18.4%

Communication Services

IYH

-

COLO
2.5%

Consumer Cyclical

IYH

-

COLO
1.7%

Consumer Defensive

IYH

-

COLO

-

Energy

IYH

-

COLO
15.2%

Financial Services

IYH

-

COLO
40.5%

Industrials

IYH

-

COLO
2.0%

Real Estate

IYH

-

COLO

-

Technology

IYH

-

COLO

-

Utilities

IYH

-

COLO
19.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares U.S. Healthcare ETF

Global X MSCI Colombia ETF

Often compared with IYH:
IYH vs. VHTIYH vs. XLVIYH vs. SPYIYH vs. IYEIYH vs. IFRAIYH vs. BMEDIYH vs. IBB
Often compared with COLO:
COLO vs. GVALCOLO vs. EWZCOLO vs. HAPCOLO vs. VOOCOLO vs. ECHCOLO vs. EPUCOLO vs. GRID

Return for Risk

IYH vs. COLO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IYH
IYH Risk / Return Rank: 5454
Overall Rank
IYH Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
IYH Sortino Ratio Rank: 6565
Sortino Ratio Rank
IYH Omega Ratio Rank: 5252
Omega Ratio Rank
IYH Calmar Ratio Rank: 5757
Calmar Ratio Rank
IYH Martin Ratio Rank: 4242
Martin Ratio Rank
COLO
COLO Risk / Return Rank: 8484
Overall Rank
COLO Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
COLO Sortino Ratio Rank: 9090
Sortino Ratio Rank
COLO Omega Ratio Rank: 8989
Omega Ratio Rank
COLO Calmar Ratio Rank: 8282
Calmar Ratio Rank
COLO Martin Ratio Rank: 6565
Martin Ratio Rank
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.

IYH vs. COLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Healthcare ETF (IYH) and Global X MSCI Colombia ETF (COLO). 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.

IYHCOLODifference
Sharpe ratioReturn per unit of total volatility
1.43
2.44

-1.01

Sortino ratioReturn per unit of downside risk
2.26
3.31

-1.05

Omega ratioGain probability vs. loss probability

1.25

1.42

-0.17

Calmar ratioReturn relative to maximum drawdown

2.13

3.19

-1.06

Martin ratioReturn relative to average drawdown

5.00

8.55

-3.55

IYH vs. COLO - Sharpe Ratio Comparison

The current IYH Sharpe Ratio is 1.43, which is lower than the COLO Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of IYH and COLO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IYH vs. COLO - Drawdown Comparison

The maximum IYH drawdown since its inception was -43.12%, smaller than the maximum COLO drawdown of -78.91%. Use the drawdown chart below to compare losses from any high point for IYH and COLO.

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Drawdown Indicators

IYHCOLODifference

Max Drawdown

Largest peak-to-trough decline

-43.12%

-78.91%

+35.79%

Max Drawdown (1Y)

Largest decline over 1 year

-10.64%

-17.79%

+7.15%

Max Drawdown (3Y)

Largest decline over 3 years

-17.91%

-18.35%

+0.44%

Max Drawdown (5Y)

Largest decline over 5 years

-17.91%

-43.86%

+25.95%

Max Drawdown (10Y)

Largest decline over 10 years

-28.40%

-62.75%

+34.35%

Current Drawdown

Current decline from peak

-3.71%

-14.88%

+11.17%

Average Drawdown

Average peak-to-trough decline

-8.93%

-40.16%

+31.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.53%

6.63%

-2.10%

Volatility

IYH vs. COLO - Volatility Comparison

iShares U.S. Healthcare ETF (IYH) has a higher volatility of 6.30% compared to Global X MSCI Colombia ETF (COLO) at 5.16%. This indicates that IYH's price experiences larger fluctuations and is considered to be riskier than COLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IYHCOLODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.30%

5.16%

+1.14%

Volatility (6M)

Calculated over the trailing 6-month period

11.87%

19.75%

-7.88%

Volatility (1Y)

Calculated over the trailing 1-year period

15.86%

23.29%

-7.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.19%

23.27%

-8.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.79%

25.38%

-8.59%

IYH vs. COLO - Expense Ratio Comparison

IYH has a 0.43% expense ratio, which is lower than COLO's 0.62% expense ratio.

Dividends

IYH vs. COLO - Dividend Comparison

IYH's dividend yield for the trailing twelve months is around 1.20%, less than COLO's 4.48% yield.

PositionTTM20252024202320222021202020192018201720162015
COLO
Global X MSCI Colombia ETF		4.48%7.51%6.08%6.99%12.55%2.32%3.23%3.04%3.03%1.83%1.48%1.58%
IYH
iShares U.S. Healthcare ETF		1.20%1.19%1.25%1.18%1.10%0.94%1.16%1.14%1.95%1.10%1.29%2.02%

Frequently Asked Questions

IYH and COLO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IYH has higher volatility (6.30%) compared to COLO (5.16%). In terms of maximum drawdown, IYH dropped -43.12% vs COLO's -78.91%.

On 10-year performance, IYH leads with 9.38% vs 6.73% for COLO. On fees, IYH is cheaper at 0.43% per year. On volatility, COLO has been the lower-risk option at 5.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IYH has performed better with a 9.38% return vs 6.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IYH is cheaper with a 0.43% expense ratio, compared with 0.62% for COLO.

COLO has the higher dividend yield at 4.48%, compared with 1.20% for IYH.

IYH is categorized as Health & Biotech Equities, while COLO is Latin America Equities. IYH tracks Dow Jones U.S. Health Care Index, while COLO tracks MSCI All Colombia Select 25/50 Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.43% for IYH and 0.62% for COLO.

COLO currently has the higher Sharpe Ratio (2.44 vs 1.43), 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.

Portfolio Optimizer

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