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IYH vs. JDOC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IYH vs. JDOC

Last updated Jun 4, 2026

IYH (iShares U.S. Healthcare ETF) and JDOC (Jpmorgan Healthcare Leaders ETF) are both Health & Biotech Equities funds. IYH is passively managed, while JDOC is actively managed. Over the past year, IYH returned 13.08% vs 12.36% for JDOC. Their correlation of 0.92 suggests significant overlap in exposure. IYH charges 0.43%/yr vs 0.65%/yr for JDOC.

Performance

IYH vs. JDOC - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, IYH achieves a -4.19% return, which is significantly higher than JDOC's -4.49% return.

IYH

1D
0.96%
1M
1.98%
YTD
-4.19%
6M
-4.54%
1Y
13.08%
3Y*
5.48%
5Y*
4.59%
10Y*
8.96%

JDOC

1D
0.50%
1M
0.16%
YTD
-4.49%
6M
-4.39%
1Y
12.36%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IYH vs. JDOC - Yearly Performance Comparison

2026 (YTD)202520242023
IYH
iShares U.S. Healthcare ETF		-4.19%13.16%2.99%8.47%
JDOC
Jpmorgan Healthcare Leaders ETF		-4.49%15.36%-1.04%10.71%

Correlation

The correlation between IYH and JDOC is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.92

Correlation (All Time)
Calculated using the full available price history since Nov 3, 2023

0.92

The correlation between IYH and JDOC has been stable across timeframes, ranging from 0.92 to 0.92 - a consistent structural relationship.

IYH vs. JDOC - Sectors Allocation Comparison

Sectors
IYH
JDOC

Healthcare

100.0%
100.0%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Healthcare

IYH
100.0%
JDOC
100.0%

Basic Materials

IYH

-

JDOC

-

Communication Services

IYH

-

JDOC

-

Consumer Cyclical

IYH

-

JDOC

-

Consumer Defensive

IYH

-

JDOC

-

Energy

IYH

-

JDOC

-

Financial Services

IYH

-

JDOC

-

Industrials

IYH

-

JDOC

-

Real Estate

IYH

-

JDOC

-

Technology

IYH

-

JDOC

-

Utilities

IYH

-

JDOC

-

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

Jpmorgan Healthcare Leaders ETF

Often compared with IYH:
IYH vs. VHTIYH vs. XLVIYH vs. SPYIYH vs. IYEIYH vs. IFRAIYH vs. BMEDIYH vs. IBB
Often compared with JDOC:
JDOC vs. IWVL.LJDOC vs. XLVJDOC vs. IXJJDOC vs. IHEJDOC vs. VHTJDOC vs. EDOCJDOC vs. BTEC

Return for Risk

IYH vs. JDOC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IYH
IYH Risk / Return Rank: 2525
Overall Rank
IYH Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
IYH Sortino Ratio Rank: 2626
Sortino Ratio Rank
IYH Omega Ratio Rank: 2323
Omega Ratio Rank
IYH Calmar Ratio Rank: 2626
Calmar Ratio Rank
IYH Martin Ratio Rank: 2323
Martin Ratio Rank
JDOC
JDOC Risk / Return Rank: 2626
Overall Rank
JDOC Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
JDOC Sortino Ratio Rank: 2626
Sortino Ratio Rank
JDOC Omega Ratio Rank: 2424
Omega Ratio Rank
JDOC Calmar Ratio Rank: 2727
Calmar Ratio Rank
JDOC Martin Ratio Rank: 2525
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. JDOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Healthcare ETF (IYH) and Jpmorgan Healthcare Leaders ETF (JDOC). 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.

IYHJDOCDifference
Sharpe ratioReturn per unit of total volatility
0.89
0.88

+0.01

Sortino ratioReturn per unit of downside risk
1.43
1.38

+0.04

Omega ratioGain probability vs. loss probability

1.16

1.16

0.00

Calmar ratioReturn relative to maximum drawdown

1.23

1.28

-0.05

Martin ratioReturn relative to average drawdown

2.97

3.34

-0.37

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IYH vs. JDOC - Sharpe Ratio Comparison

The current IYH Sharpe Ratio is 0.89, which is comparable to the JDOC Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of IYH and JDOC, 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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Sharpe Ratios by Period

IYHJDOCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.89

0.88

+0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.31

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.43

0.53

-0.11

Drawdowns

IYH vs. JDOC - Drawdown Comparison

The maximum IYH drawdown since its inception was -43.12%, which is greater than JDOC's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for IYH and JDOC.

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Drawdown Indicators

IYHJDOCDifference

Max Drawdown

Largest peak-to-trough decline

-43.12%

-20.87%

-22.25%

Max Drawdown (1Y)

Largest decline over 1 year

-10.64%

-9.68%

-0.96%

Max Drawdown (3Y)

Largest decline over 3 years

-17.91%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-17.91%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-28.40%

—

—

Current Drawdown

Current decline from peak

-7.36%

-7.47%

+0.11%

Average Drawdown

Average peak-to-trough decline

-8.96%

-6.98%

-1.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.41%

3.71%

+0.70%

Volatility

IYH vs. JDOC - Volatility Comparison

iShares U.S. Healthcare ETF (IYH) has a higher volatility of 4.24% compared to Jpmorgan Healthcare Leaders ETF (JDOC) at 3.97%. This indicates that IYH's price experiences larger fluctuations and is considered to be riskier than JDOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IYHJDOCDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.24%

3.97%

+0.27%

Volatility (6M)

Calculated over the trailing 6-month period

10.32%

9.97%

+0.35%

Volatility (1Y)

Calculated over the trailing 1-year period

14.74%

14.08%

+0.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.92%

14.32%

+0.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.72%

14.32%

+2.40%

IYH vs. JDOC - Expense Ratio Comparison

IYH has a 0.43% expense ratio, which is lower than JDOC's 0.65% expense ratio.

Dividends

IYH vs. JDOC - Dividend Comparison

IYH's dividend yield for the trailing twelve months is around 1.30%, more than JDOC's 0.93% yield.

PositionTTM20252024202320222021202020192018201720162015
IYH
iShares U.S. Healthcare ETF		1.30%1.19%1.25%1.18%1.10%0.94%1.16%1.14%1.95%1.10%1.29%2.02%
JDOC
Jpmorgan Healthcare Leaders ETF		0.93%0.89%5.57%0.15%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.92, IYH and JDOC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IYH has higher volatility (4.24%) compared to JDOC (3.97%). In terms of maximum drawdown, IYH dropped -43.12% vs JDOC's -20.87%.

On 1-year performance, IYH leads with 13.08% vs 12.36% for JDOC. On fees, IYH is cheaper at 0.43% per year. On volatility, JDOC has been the lower-risk option at 3.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, IYH has performed better with a 13.08% return vs 12.36%. 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 0.65% for JDOC.

IYH has the higher dividend yield at 1.30%, compared with 0.93% for JDOC.

They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.43% for IYH and 0.65% for JDOC.

IYH currently has the higher Sharpe Ratio (0.89 vs 0.88), 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.

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