MEDI vs. HDIVX
Compare and contrast key facts about Harbor Health Care ETF (MEDI) and Janus Henderson Dividend & Income Builder Fund (HDIVX).
MEDI is an actively managed fund by Harbor. It was launched on Nov 16, 2022. HDIVX is managed by Janus Henderson. It was launched on Jul 31, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEDI or HDIVX.
Key characteristics
| MEDI | HDIVX | |
|---|---|---|
| YTD Return | 7.89% | 12.15% |
| 1Y Return | 24.84% | 22.42% |
| Sharpe Ratio | 1.68 | 2.06 |
| Sortino Ratio | 2.41 | 2.91 |
| Omega Ratio | 1.30 | 1.37 |
| Calmar Ratio | 2.77 | 2.95 |
| Martin Ratio | 6.05 | 10.38 |
| Ulcer Index | 4.19% | 2.24% |
| Daily Std Dev | 15.09% | 11.30% |
| Max Drawdown | -9.16% | -28.56% |
| Current Drawdown | -5.76% | -4.74% |
Correlation
The correlation between MEDI and HDIVX is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MEDI vs. HDIVX - Performance Comparison
In the year-to-date period, MEDI achieves a 7.89% return, which is significantly lower than HDIVX's 12.15% 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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MEDI vs. HDIVX - Expense Ratio Comparison
MEDI has a 0.80% expense ratio, which is lower than HDIVX's 0.95% expense ratio.
Risk-Adjusted Performance
MEDI vs. HDIVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Health Care ETF (MEDI) and Janus Henderson Dividend & Income Builder Fund (HDIVX). 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
MEDI vs. HDIVX - Dividend Comparison
MEDI's dividend yield for the trailing twelve months is around 0.61%, less than HDIVX's 2.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEDI Harbor Health Care ETF | 0.61% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HDIVX Janus Henderson Dividend & Income Builder Fund | 2.25% | 3.10% | 4.14% | 3.30% | 3.26% | 3.20% | 3.27% | 2.76% | 3.12% | 3.03% | 2.96% | 2.46% |
Drawdowns
MEDI vs. HDIVX - Drawdown Comparison
The maximum MEDI drawdown since its inception was -9.16%, smaller than the maximum HDIVX drawdown of -28.56%. Use the drawdown chart below to compare losses from any high point for MEDI and HDIVX. For additional features, visit the drawdowns tool.
Volatility
MEDI vs. HDIVX - Volatility Comparison
Harbor Health Care ETF (MEDI) has a higher volatility of 3.54% compared to Janus Henderson Dividend & Income Builder Fund (HDIVX) at 3.19%. This indicates that MEDI's price experiences larger fluctuations and is considered to be riskier than HDIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.