MEDI vs. WINN

Last updated Jun 26, 2026

MEDI (Harbor Health Care ETF) and WINN (Harbor Long-Term Growers ETF) are both exchange-traded funds - MEDI is a Health & Biotech Equities fund actively managed by Harbor, while WINN is a Large Cap Growth Equities fund actively managed by Harbor. Both are actively managed. Over the past 3 years, MEDI returned 15.18%/yr vs 20.54%/yr for WINN. At a 0.40 correlation, their price movements are largely independent. MEDI charges 0.80%/yr vs 0.57%/yr for WINN.

Performance

MEDI vs. WINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Health Care ETF (MEDI) and Harbor Long-Term Growers ETF (WINN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MEDI achieves a 3.97% return, which is significantly higher than WINN's 0.69% return.

MEDI

• 1D: 2.55%
• 1M: 5.41%
• YTD: 3.97%
• 6M: 2.41%
• 1Y: 23.71%
• 3Y*: 15.18%
• 5Y*: —
• 10Y*: —

WINN

• 1D: -1.14%
• 1M: -5.06%
• YTD: 0.69%
• 6M: -0.67%
• 1Y: 10.13%
• 3Y*: 20.54%
• 5Y*: —
• 10Y*: —

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

MEDI vs. WINN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MEDI Harbor Health Care ETF	3.97%	27.11%	0.58%	24.87%	2.57%
WINN Harbor Long-Term Growers ETF	0.69%	14.31%	31.64%	52.44%	-6.83%

Correlation

The correlation between MEDI and WINN is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (All Time) Calculated using the full available price history since Nov 17, 2022	0.40

The correlation between MEDI and WINN shifts across timeframes, from 0.26 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

MEDI vs. WINN - Sectors Allocation Comparison

Sectors	MEDI	WINN
Healthcare	100.0%	6.1%
Basic Materials	-	-
Communication Services	-	14.1%
Consumer Cyclical	-	12.0%
Consumer Defensive	-	2.5%
Energy	-	-
Financial Services	-	3.7%
Industrials	-	6.5%
Real Estate	-	0.4%
Technology	-	52.8%
Utilities	-	2.2%

Return for Risk

MEDI vs. WINN — Risk / Return Rank

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

MEDI

MEDI Risk / Return Rank: 35
MEDI Sharpe Ratio Rank: 36
MEDI Sortino Ratio Rank: 38
MEDI Omega Ratio Rank: 33
MEDI Calmar Ratio Rank: 34
MEDI Martin Ratio Rank: 33

WINN

WINN Risk / Return Rank: 17
WINN Sharpe Ratio Rank: 19
WINN Sortino Ratio Rank: 18
WINN Omega Ratio Rank: 18
WINN Calmar Ratio Rank: 16
WINN Martin Ratio Rank: 17

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. WINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Health Care ETF (MEDI) and Harbor Long-Term Growers ETF (WINN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MEDI	WINN	Difference
Sharpe ratio: Return per unit of total volatility	1.18	0.60	+0.58
Sortino ratio: Return per unit of downside risk	1.81	0.92	+0.89
Omega ratio: Gain probability vs. loss probability	1.21	1.12	+0.09
Calmar ratio: Return relative to maximum drawdown	1.55	0.56	+0.99
Martin ratio: Return relative to average drawdown	4.53	1.71	+2.82

MEDI vs. WINN - Sharpe Ratio Comparison

The current MEDI Sharpe Ratio is 1.18, which is higher than the WINN Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of MEDI and WINN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MEDI vs. WINN - Drawdown Comparison

The maximum MEDI drawdown since its inception was -19.24%, smaller than the maximum WINN drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for MEDI and WINN.

Drawdown Indicators

	MEDI	WINN	Difference
Max Drawdown Largest peak-to-trough decline	-19.24%	-32.07%	+12.83%
Max Drawdown (1Y) Largest decline over 1 year	-15.34%	-18.06%	+2.72%
Max Drawdown (3Y) Largest decline over 3 years	-19.24%	-23.66%	+4.42%
Current Drawdown Current decline from peak	-0.35%	-7.91%	+7.56%
Average Drawdown Average peak-to-trough decline	-4.29%	-9.03%	+4.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.25%	5.93%	-0.68%

Volatility

MEDI vs. WINN - Volatility Comparison

Harbor Health Care ETF (MEDI) and Harbor Long-Term Growers ETF (WINN) have volatilities of 6.78% and 6.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MEDI	WINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.78%	6.74%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	15.75%	13.33%	+2.42%
Volatility (1Y) Calculated over the trailing 1-year period	20.26%	17.02%	+3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.71%	23.77%	-5.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.71%	23.77%	-5.06%

MEDI vs. WINN - Expense Ratio Comparison

MEDI has a 0.80% expense ratio, which is higher than WINN's 0.57% expense ratio.

Dividends

MEDI vs. WINN - Dividend Comparison

MEDI's dividend yield for the trailing twelve months is around 0.27%, while WINN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
MEDI Harbor Health Care ETF	0.27%	0.28%	0.54%	1.86%	0.00%
WINN Harbor Long-Term Growers ETF	0.00%	0.00%	0.00%	0.06%	0.06%

Frequently Asked Questions

Can I hold both MEDI and WINN in my portfolio?

MEDI and WINN have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MEDI or WINN?

MEDI has higher volatility (6.78%) compared to WINN (6.74%). In terms of maximum drawdown, MEDI dropped -19.24% vs WINN's -32.07%.

Which ETF is better, MEDI or WINN?

On 3-year performance, WINN leads with 20.54% vs 15.18% for MEDI. On fees, WINN is cheaper at 0.57% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MEDI or WINN?

Over the 3-year period, WINN has performed better with a 20.54% return vs 15.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MEDI or WINN?

WINN is cheaper with a 0.57% expense ratio, compared with 0.80% for MEDI.

Which ETF pays a higher dividend yield, MEDI or WINN?

MEDI has the higher dividend yield at 0.27%, compared with 0.00% for WINN.

What is the main difference between MEDI and WINN?

MEDI is categorized as Health & Biotech Equities, while WINN is Large Cap Growth Equities. Their fees differ too: 0.80% for MEDI and 0.57% for WINN.

Which has better risk-adjusted returns?

MEDI currently has the higher Sharpe Ratio (1.18 vs 0.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.