IYH vs. VHT
Compare and contrast key facts about iShares U.S. Healthcare ETF (IYH) and Vanguard Health Care ETF (VHT).
IYH and VHT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 25/50 Index. It was launched on Jan 26, 2004. Both IYH and VHT 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: IYH or VHT.
Key characteristics
| IYH | VHT | |
|---|---|---|
| YTD Return | 3.80% | 3.24% |
| 1Y Return | 11.55% | 7.23% |
| 3Y Return (Ann) | 9.57% | 4.04% |
| 5Y Return (Ann) | 15.89% | 10.32% |
| 10Y Return (Ann) | 16.95% | 11.03% |
| Sharpe Ratio | 1.01 | 0.59 |
| Daily Std Dev | 10.51% | 10.82% |
| Max Drawdown | -41.50% | -39.12% |
| Current Drawdown | -4.26% | -4.63% |
Correlation
The correlation between IYH and VHT is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IYH vs. VHT - Performance Comparison
In the year-to-date period, IYH achieves a 3.80% return, which is significantly higher than VHT's 3.24% return. Over the past 10 years, IYH has outperformed VHT with an annualized return of 16.95%, while VHT has yielded a comparatively lower 11.03% 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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IYH vs. VHT - Expense Ratio Comparison
IYH has a 0.43% expense ratio, which is higher than VHT's 0.10% expense ratio.
Risk-Adjusted Performance
IYH vs. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Healthcare ETF (IYH) and Vanguard Health Care ETF (VHT). 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
IYH vs. VHT - Dividend Comparison
IYH's dividend yield for the trailing twelve months is around 4.68%, more than VHT's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYH iShares U.S. Healthcare ETF | 4.68% | 5.90% | 5.50% | 4.69% | 5.82% | 5.69% | 9.77% | 5.51% | 6.44% | 10.11% | 5.23% | 5.59% |
VHT Vanguard Health Care ETF | 1.34% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% | 1.12% |
Drawdowns
IYH vs. VHT - Drawdown Comparison
The maximum IYH drawdown since its inception was -41.50%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for IYH and VHT. For additional features, visit the drawdowns tool.
Volatility
IYH vs. VHT - Volatility Comparison
iShares U.S. Healthcare ETF (IYH) and Vanguard Health Care ETF (VHT) have volatilities of 2.90% and 2.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.