LIFE.TO vs. XHC.TO
Compare and contrast key facts about Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) and iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO).
LIFE.TO and XHC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XHC.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Apr 12, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIFE.TO or XHC.TO.
Key characteristics
| LIFE.TO | XHC.TO | |
|---|---|---|
| YTD Return | 5.12% | 9.48% |
| 1Y Return | 11.50% | 15.16% |
| 3Y Return (Ann) | 4.26% | 2.66% |
| 5Y Return (Ann) | 8.51% | 7.98% |
| Sharpe Ratio | 1.20 | 1.58 |
| Sortino Ratio | 1.72 | 2.25 |
| Omega Ratio | 1.20 | 1.28 |
| Calmar Ratio | 1.36 | 1.36 |
| Martin Ratio | 4.66 | 6.25 |
| Ulcer Index | 2.42% | 2.43% |
| Daily Std Dev | 9.42% | 9.61% |
| Max Drawdown | -20.04% | -27.28% |
| Current Drawdown | -8.09% | -6.72% |
Correlation
The correlation between LIFE.TO and XHC.TO is 0.84, 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
LIFE.TO vs. XHC.TO - Performance Comparison
In the year-to-date period, LIFE.TO achieves a 5.12% return, which is significantly lower than XHC.TO's 9.48% 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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LIFE.TO vs. XHC.TO - Expense Ratio Comparison
Risk-Adjusted Performance
LIFE.TO vs. XHC.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) and iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO). 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
LIFE.TO vs. XHC.TO - Dividend Comparison
LIFE.TO's dividend yield for the trailing twelve months is around 6.12%, more than XHC.TO's 2.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIFE.TO Evolve Global Healthcare Enhanced Yield Fund | 6.12% | 9.24% | 8.20% | 6.46% | 7.09% | 2,839,567.87% | 6,633,719.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XHC.TO iShares Global Healthcare Index ETF (CAD-Hedged) | 2.21% | 2.38% | 0.84% | 0.79% | 0.93% | 1.03% | 1.63% | 1.10% | 1.58% | 2.07% | 1.00% | 1.21% |
Drawdowns
LIFE.TO vs. XHC.TO - Drawdown Comparison
The maximum LIFE.TO drawdown since its inception was -20.04%, smaller than the maximum XHC.TO drawdown of -27.28%. Use the drawdown chart below to compare losses from any high point for LIFE.TO and XHC.TO. For additional features, visit the drawdowns tool.
Volatility
LIFE.TO vs. XHC.TO - Volatility Comparison
Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) has a higher volatility of 3.50% compared to iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) at 3.08%. This indicates that LIFE.TO's price experiences larger fluctuations and is considered to be riskier than XHC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.