MNTL vs. IYH
Compare and contrast key facts about Tema Neuroscience And Mental Health ETF (MNTL) and iShares U.S. Healthcare ETF (IYH).
MNTL and IYH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MNTL is an actively managed fund by Tema. It was launched on Jan 22, 2024. IYH is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Health Care Index. It was launched on Jun 12, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MNTL or IYH.
Correlation
The correlation between MNTL and IYH is 0.69, 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
MNTL vs. IYH - Performance Comparison
Key characteristics
MNTL:
-0.02
IYH:
0.32
MNTL:
0.09
IYH:
0.52
MNTL:
1.01
IYH:
1.06
MNTL:
-0.04
IYH:
0.29
MNTL:
-0.07
IYH:
0.76
MNTL:
5.88%
IYH:
4.83%
MNTL:
18.26%
IYH:
11.54%
MNTL:
-12.00%
IYH:
-43.12%
MNTL:
-7.92%
IYH:
-6.22%
Returns By Period
In the year-to-date period, MNTL achieves a 3.10% return, which is significantly lower than IYH's 6.09% return.
MNTL
3.10%
2.24%
-2.79%
-0.93%
N/A
N/A
IYH
6.09%
3.88%
-1.64%
3.52%
8.55%
9.13%
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MNTL vs. IYH - Expense Ratio Comparison
MNTL has a 0.75% expense ratio, which is higher than IYH's 0.43% expense ratio.
Risk-Adjusted Performance
MNTL vs. IYH — Risk-Adjusted Performance Rank
MNTL
IYH
MNTL vs. IYH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema Neuroscience And Mental Health ETF (MNTL) and iShares U.S. Healthcare ETF (IYH). 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
MNTL vs. IYH - Dividend Comparison
MNTL's dividend yield for the trailing twelve months is around 1.02%, less than IYH's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNTL Tema Neuroscience And Mental Health ETF | 1.02% | 1.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYH iShares U.S. Healthcare ETF | 1.18% | 1.25% | 1.18% | 1.10% | 0.94% | 1.16% | 1.14% | 1.95% | 1.10% | 1.29% | 2.02% | 1.05% |
Drawdowns
MNTL vs. IYH - Drawdown Comparison
The maximum MNTL drawdown since its inception was -12.00%, smaller than the maximum IYH drawdown of -43.12%. Use the drawdown chart below to compare losses from any high point for MNTL and IYH. For additional features, visit the drawdowns tool.
Volatility
MNTL vs. IYH - Volatility Comparison
Tema Neuroscience And Mental Health ETF (MNTL) has a higher volatility of 6.10% compared to iShares U.S. Healthcare ETF (IYH) at 4.24%. This indicates that MNTL's price experiences larger fluctuations and is considered to be riskier than IYH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.