JDOC vs. IYH
Compare and contrast key facts about Jpmorgan Healthcare Leaders ETF (JDOC) and iShares U.S. Healthcare ETF (IYH).
JDOC and IYH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JDOC is an actively managed fund by JPMorgan. It was launched on Nov 1, 2023. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JDOC or IYH.
Key characteristics
| JDOC | IYH | |
|---|---|---|
| YTD Return | 14.83% | 15.10% |
| Daily Std Dev | 11.62% | 10.93% |
| Max Drawdown | -5.87% | -41.50% |
| Current Drawdown | -2.56% | -1.21% |
Correlation
The correlation between JDOC and IYH is 0.91, 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
JDOC vs. IYH - Performance Comparison
The year-to-date returns for both investments are quite close, with JDOC having a 14.83% return and IYH slightly higher at 15.10%. 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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JDOC vs. IYH - Expense Ratio Comparison
JDOC has a 0.65% expense ratio, which is higher than IYH's 0.43% expense ratio.
Risk-Adjusted Performance
JDOC vs. IYH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Healthcare Leaders ETF (JDOC) 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.
Not enough dataDividends
JDOC vs. IYH - Dividend Comparison
JDOC's dividend yield for the trailing twelve months is around 0.13%, less than IYH's 1.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JDOC Jpmorgan Healthcare Leaders ETF | 0.13% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYH iShares U.S. Healthcare ETF | 1.07% | 1.18% | 1.10% | 0.94% | 1.16% | 1.14% | 1.95% | 1.10% | 1.29% | 2.01% | 1.04% | 1.11% |
Drawdowns
JDOC vs. IYH - Drawdown Comparison
The maximum JDOC drawdown since its inception was -5.87%, smaller than the maximum IYH drawdown of -41.50%. Use the drawdown chart below to compare losses from any high point for JDOC and IYH. For additional features, visit the drawdowns tool.
Volatility
JDOC vs. IYH - Volatility Comparison
Jpmorgan Healthcare Leaders ETF (JDOC) has a higher volatility of 2.76% compared to iShares U.S. Healthcare ETF (IYH) at 2.30%. This indicates that JDOC'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.