MEDI vs. BTEC

Last updated Apr 2, 2026

Compare and contrast key facts about Harbor Health Care ETF (MEDI) and Principal Healthcare Innovators Index ETF (BTEC).

MEDI and BTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MEDI is an actively managed fund by Harbor. It was launched on Nov 16, 2022. BTEC is a passively managed fund by Principal that tracks the performance of the NASDAQ U.S. Health Care Innovators Index. It was launched on Aug 19, 2016.

Performance

MEDI vs. BTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Health Care ETF (MEDI) and Principal Healthcare Innovators Index ETF (BTEC). The values are adjusted to include any dividend payments, if applicable.

MEDI vs. BTEC - Yearly Performance Comparison

	2026 (YTD)
MEDI Harbor Health Care ETF	-3.97%
BTEC Principal Healthcare Innovators Index ETF	0.00%

Returns By Period

MEDI

• 1D: 1.48%
• 1M: -5.60%
• YTD: -5.40%
• 6M: 2.20%
• 1Y: 21.19%
• 3Y*: 14.13%
• 5Y*: —
• 10Y*: —

BTEC

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MEDI vs. BTEC - Expense Ratio Comparison

MEDI has a 0.80% expense ratio, which is higher than BTEC's 0.42% expense ratio.

MEDI

Harbor Health Care ETF

BTEC

Principal Healthcare Innovators Index ETF

Return for Risk

MEDI vs. BTEC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MEDI

MEDI Risk / Return Rank: 45
MEDI Sharpe Ratio Rank: 49
MEDI Sortino Ratio Rank: 51
MEDI Omega Ratio Rank: 43
MEDI Calmar Ratio Rank: 40
MEDI Martin Ratio Rank: 40

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.

MEDI vs. BTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Health Care ETF (MEDI) and Principal Healthcare Innovators Index ETF (BTEC). 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.

	MEDI	BTEC	Difference
Sharpe ratio Return per unit of total volatility	0.94	—	—
Sortino ratio Return per unit of downside risk	1.43	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	1.15	—	—
Martin ratio Return relative to average drawdown	4.02	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MEDI	BTEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	—	—

Dividends

MEDI vs. BTEC - Dividend Comparison

MEDI's dividend yield for the trailing twelve months is around 0.29%, while BTEC has not paid dividends to shareholders.

	TTM	2025	2024	2023
MEDI Harbor Health Care ETF	0.29%	0.28%	0.54%	1.86%
BTEC Principal Healthcare Innovators Index ETF	0.00%	0.00%	0.00%	0.00%

Drawdowns

MEDI vs. BTEC - Drawdown Comparison

The maximum MEDI drawdown since its inception was -19.24%, which is greater than BTEC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MEDI and BTEC.

Drawdown Indicators

	MEDI	BTEC	Difference
Max Drawdown Largest peak-to-trough decline	-19.24%	0.00%	-19.24%
Max Drawdown (1Y) Largest decline over 1 year	-15.34%	—	—
Current Drawdown Current decline from peak	-9.34%	0.00%	-9.34%
Average Drawdown Average peak-to-trough decline	-4.09%	0.00%	-4.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.38%	—	—

Volatility

Volatility by Period

	MEDI	BTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.74%	0.00%	+22.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.48%	0.00%	+18.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.48%	0.00%	+18.48%