MHIP vs. TRUH

Last updated Jul 18, 2026

MHIP (Milliman Healthcare Inflation Plus ETF) and TRUH (VanEck Healthcare TruSector ETF) are both Health & Biotech Equities funds. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

MHIP vs. TRUH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Milliman Healthcare Inflation Plus ETF (MHIP) and VanEck Healthcare TruSector ETF (TRUH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MHIP

• 1D: -0.29%
• 1M: 1.91%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRUH

• 1D: -0.42%
• 1M: 7.26%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MHIP vs. TRUH - Yearly Performance Comparison

	2026 (YTD)
MHIP Milliman Healthcare Inflation Plus ETF	-0.15%
TRUH VanEck Healthcare TruSector ETF	9.66%

Correlation

The correlation between MHIP and TRUH is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.65

Return for Risk

MHIP vs. TRUH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Milliman Healthcare Inflation Plus ETF (MHIP) and VanEck Healthcare TruSector ETF (TRUH). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

MHIP vs. TRUH - Drawdown Comparison

The maximum MHIP drawdown since its inception was -3.09%, smaller than the maximum TRUH drawdown of -4.51%. Use the drawdown chart below to compare losses from any high point for MHIP and TRUH.

Drawdown Indicators

	MHIP	TRUH	Difference
Max Drawdown Largest peak-to-trough decline	-3.09%	-4.51%	+1.42%
Current Drawdown Current decline from peak	-1.76%	-2.10%	+0.34%
Average Drawdown Average peak-to-trough decline	-1.29%	-1.61%	+0.32%

Volatility

Volatility by Period

	MHIP	TRUH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.46%	17.53%	-6.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.46%	17.53%	-6.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.46%	17.53%	-6.07%

Dividends

MHIP vs. TRUH - Dividend Comparison

MHIP has not paid dividends to shareholders, while TRUH's dividend yield for the trailing twelve months is around 0.30%.

Position	TTM
MHIP Milliman Healthcare Inflation Plus ETF	0.00%
TRUH VanEck Healthcare TruSector ETF	0.30%

Frequently Asked Questions

Can I hold both MHIP and TRUH in my portfolio?

MHIP and TRUH have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, MHIP or TRUH?

TRUH has the higher dividend yield at 0.30%, compared with 0.00% for MHIP.

What is the main difference between MHIP and TRUH?

They also come from different issuers: Milliman and VanEck.