MOO vs. FHLC
Compare and contrast key facts about VanEck Vectors Agribusiness ETF (MOO) and Fidelity MSCI Health Care Index ETF (FHLC).
MOO and FHLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOO is a passively managed fund by VanEck that tracks the performance of the DAXglobal Agribusiness Index. It was launched on Aug 31, 2007. FHLC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Health Care Index. It was launched on Oct 21, 2013. Both MOO and FHLC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOO or FHLC.
Performance
MOO vs. FHLC - Performance Comparison
Returns By Period
In the year-to-date period, MOO achieves a -8.20% return, which is significantly lower than FHLC's 4.73% return. Over the past 10 years, MOO has underperformed FHLC with an annualized return of 4.35%, while FHLC has yielded a comparatively higher 9.15% annualized return.
MOO
-8.20%
-4.30%
-5.61%
-3.52%
2.91%
4.35%
FHLC
4.73%
-7.59%
-1.82%
12.32%
8.76%
9.15%
Key characteristics
| MOO | FHLC | |
|---|---|---|
| Sharpe Ratio | -0.32 | 1.16 |
| Sortino Ratio | -0.36 | 1.65 |
| Omega Ratio | 0.96 | 1.21 |
| Calmar Ratio | -0.14 | 1.30 |
| Martin Ratio | -0.87 | 4.94 |
| Ulcer Index | 5.27% | 2.65% |
| Daily Std Dev | 14.23% | 11.27% |
| Max Drawdown | -69.53% | -28.76% |
| Current Drawdown | -32.06% | -9.37% |
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MOO vs. FHLC - Expense Ratio Comparison
MOO has a 0.54% expense ratio, which is higher than FHLC's 0.08% expense ratio.
Correlation
The correlation between MOO and FHLC is 0.62, 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.
Risk-Adjusted Performance
MOO vs. FHLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Agribusiness ETF (MOO) and Fidelity MSCI Health Care Index ETF (FHLC). 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
MOO vs. FHLC - Dividend Comparison
MOO's dividend yield for the trailing twelve months is around 3.20%, more than FHLC's 1.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOO VanEck Vectors Agribusiness ETF | 3.20% | 2.94% | 2.15% | 1.17% | 1.10% | 1.32% | 1.69% | 1.44% | 2.14% | 2.89% | 3.21% | 1.91% |
FHLC Fidelity MSCI Health Care Index ETF | 1.42% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 2.14% | 1.38% | 1.40% | 2.07% | 1.03% | 0.20% |
Drawdowns
MOO vs. FHLC - Drawdown Comparison
The maximum MOO drawdown since its inception was -69.53%, which is greater than FHLC's maximum drawdown of -28.76%. Use the drawdown chart below to compare losses from any high point for MOO and FHLC. For additional features, visit the drawdowns tool.
Volatility
MOO vs. FHLC - Volatility Comparison
The current volatility for VanEck Vectors Agribusiness ETF (MOO) is 3.46%, while Fidelity MSCI Health Care Index ETF (FHLC) has a volatility of 3.67%. This indicates that MOO experiences smaller price fluctuations and is considered to be less risky than FHLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.