LYFIX vs. PTH
Compare and contrast key facts about AlphaCentric LifeSci Healthcare Fund (LYFIX) and Invesco DWA Healthcare Momentum ETF (PTH).
LYFIX is managed by AlphaCentric Funds. It was launched on Nov 28, 2019. PTH is a passively managed fund by Invesco that tracks the performance of the Dynamic Healthcare Sector Intellidex Index. It was launched on Oct 12, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LYFIX or PTH.
Key characteristics
| LYFIX | PTH | |
|---|---|---|
| YTD Return | 9.51% | 22.76% |
| 1Y Return | 27.80% | 58.79% |
| 3Y Return (Ann) | -3.39% | -4.28% |
| Sharpe Ratio | 1.15 | 2.19 |
| Sortino Ratio | 1.67 | 2.90 |
| Omega Ratio | 1.20 | 1.34 |
| Calmar Ratio | 0.60 | 1.02 |
| Martin Ratio | 4.12 | 8.17 |
| Ulcer Index | 5.34% | 6.46% |
| Daily Std Dev | 19.18% | 24.18% |
| Max Drawdown | -42.47% | -53.52% |
| Current Drawdown | -18.78% | -23.49% |
Correlation
The correlation between LYFIX and PTH is 0.75, 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
LYFIX vs. PTH - Performance Comparison
In the year-to-date period, LYFIX achieves a 9.51% return, which is significantly lower than PTH's 22.76% 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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LYFIX vs. PTH - Expense Ratio Comparison
LYFIX has a 1.40% expense ratio, which is higher than PTH's 0.60% expense ratio.
Risk-Adjusted Performance
LYFIX vs. PTH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaCentric LifeSci Healthcare Fund (LYFIX) and Invesco DWA Healthcare Momentum ETF (PTH). 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
LYFIX vs. PTH - Dividend Comparison
LYFIX has not paid dividends to shareholders, while PTH's dividend yield for the trailing twelve months is around 0.05%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LYFIX AlphaCentric LifeSci Healthcare Fund | 0.00% | 0.00% | 0.00% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PTH Invesco DWA Healthcare Momentum ETF | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% |
Drawdowns
LYFIX vs. PTH - Drawdown Comparison
The maximum LYFIX drawdown since its inception was -42.47%, smaller than the maximum PTH drawdown of -53.52%. Use the drawdown chart below to compare losses from any high point for LYFIX and PTH. For additional features, visit the drawdowns tool.
Volatility
LYFIX vs. PTH - Volatility Comparison
The current volatility for AlphaCentric LifeSci Healthcare Fund (LYFIX) is 3.10%, while Invesco DWA Healthcare Momentum ETF (PTH) has a volatility of 6.17%. This indicates that LYFIX experiences smaller price fluctuations and is considered to be less risky than PTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.