MEDI vs. SMLE
Compare and contrast key facts about Harbor Health Care ETF (MEDI) and Xtrackers S&P SmallCap 600 ESG ETF (SMLE).
MEDI and SMLE 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. SMLE is a passively managed fund by Deutsche Bank that tracks the performance of the S&P SmallCap 600 ESG Index. It was launched on Feb 24, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEDI or SMLE.
Key characteristics
| MEDI | SMLE |
|---|
Correlation
The correlation between MEDI and SMLE is 0.48, 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. SMLE - Performance Comparison
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. SMLE - Expense Ratio Comparison
MEDI has a 0.80% expense ratio, which is higher than SMLE's 0.15% expense ratio.
Risk-Adjusted Performance
MEDI vs. SMLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Health Care ETF (MEDI) and Xtrackers S&P SmallCap 600 ESG ETF (SMLE). 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. SMLE - Dividend Comparison
MEDI's dividend yield for the trailing twelve months is around 0.61%, while SMLE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
MEDI Harbor Health Care ETF | 0.61% | 0.66% | 0.00% | 0.00% |
SMLE Xtrackers S&P SmallCap 600 ESG ETF | 0.89% | 1.35% | 0.15% | 1.48% |
Drawdowns
MEDI vs. SMLE - Drawdown Comparison
Volatility
MEDI vs. SMLE - Volatility Comparison
Harbor Health Care ETF (MEDI) has a higher volatility of 3.54% compared to Xtrackers S&P SmallCap 600 ESG ETF (SMLE) at 0.00%. This indicates that MEDI's price experiences larger fluctuations and is considered to be riskier than SMLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.