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NWH-UN.TO vs. FIE.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NWH-UN.TO vs. FIE.TO

Last updated Jun 5, 2026

NWH-UN.TO (NorthWest Healthcare Properties Real Estate Investment Trust) is a stock, while FIE.TO (iShares Canadian Financial Monthly Income ETF) is Canada Equities fund tracking the Morningstar Can Equity Tgt Alloc NR CAD. Over the past 10 years, NWH-UN.TO returned 1.74%/yr vs 11.97%/yr for FIE.TO. At a 0.34 correlation, their price movements are largely independent.

Performance

NWH-UN.TO vs. FIE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO) and iShares Canadian Financial Monthly Income ETF (FIE.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, NWH-UN.TO achieves a 11.97% return, which is significantly higher than FIE.TO's 9.66% return. Over the past 10 years, NWH-UN.TO has underperformed FIE.TO with an annualized return of 1.74%, while FIE.TO has yielded a comparatively higher 11.97% annualized return.

NWH-UN.TO

1D
-1.41%
1M
1.08%
YTD
11.97%
6M
7.79%
1Y
24.01%
3Y*
-3.95%
5Y*
-9.24%
10Y*
1.74%

FIE.TO

1D
1.03%
1M
3.66%
YTD
9.66%
6M
12.58%
1Y
32.54%
3Y*
25.37%
5Y*
12.94%
10Y*
11.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NWH-UN.TO vs. FIE.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NWH-UN.TO
NorthWest Healthcare Properties Real Estate Investment Trust		11.97%23.48%-7.17%-40.34%-26.43%16.50%13.46%34.80%-10.31%19.97%
FIE.TO
iShares Canadian Financial Monthly Income ETF		9.66%28.28%27.54%12.58%-14.35%29.02%1.33%18.97%-9.12%12.01%

Correlation

The correlation between NWH-UN.TO and FIE.TO is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.41

Correlation (3Y)
Calculated over the trailing 3-year period

0.44

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (10Y)
Calculated over the trailing 10-year period

0.42

Correlation (All Time)
Calculated using the full available price history since Apr 19, 2010

0.34

The correlation between NWH-UN.TO and FIE.TO shifts across timeframes, from 0.34 (all time) to 0.50 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

NorthWest Healthcare Properties Real Estate Investment Trust

iShares Canadian Financial Monthly Income ETF

Often compared with NWH-UN.TO:
NWH-UN.TO vs. REI-UN.TONWH-UN.TO vs. GRT-UN.TONWH-UN.TO vs. AP-UN.TONWH-UN.TO vs. SRU-UN.TONWH-UN.TO vs. IRBONWH-UN.TO vs. VFV.TONWH-UN.TO vs. VCN.TO
Often compared with FIE.TO:
FIE.TO vs. XEI.TOFIE.TO vs. XEQT.TOFIE.TO vs. XDIV.TOFIE.TO vs. XFN.TOFIE.TO vs. HMAX.TOFIE.TO vs. VDY.TOFIE.TO vs. FTN.TO

Return for Risk

NWH-UN.TO vs. FIE.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NWH-UN.TO
NWH-UN.TO Risk / Return Rank: 7272
Overall Rank
NWH-UN.TO Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
NWH-UN.TO Sortino Ratio Rank: 7373
Sortino Ratio Rank
NWH-UN.TO Omega Ratio Rank: 6767
Omega Ratio Rank
NWH-UN.TO Calmar Ratio Rank: 7272
Calmar Ratio Rank
NWH-UN.TO Martin Ratio Rank: 7373
Martin Ratio Rank
FIE.TO
FIE.TO Risk / Return Rank: 9494
Overall Rank
FIE.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
FIE.TO Sortino Ratio Rank: 9696
Sortino Ratio Rank
FIE.TO Omega Ratio Rank: 9595
Omega Ratio Rank
FIE.TO Calmar Ratio Rank: 9191
Calmar Ratio Rank
FIE.TO Martin Ratio Rank: 9292
Martin Ratio Rank
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.

NWH-UN.TO vs. FIE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO) and iShares Canadian Financial Monthly Income ETF (FIE.TO). 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.

NWH-UN.TOFIE.TODifference
Sharpe ratioReturn per unit of total volatility
1.03
3.88

-2.85

Sortino ratioReturn per unit of downside risk
1.85
5.68

-3.82

Omega ratioGain probability vs. loss probability

1.21

1.74

-0.53

Calmar ratioReturn relative to maximum drawdown

1.73

5.73

-4.00

Martin ratioReturn relative to average drawdown

4.47

23.64

-19.16

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NWH-UN.TO vs. FIE.TO - Sharpe Ratio Comparison

The current NWH-UN.TO Sharpe Ratio is 1.03, which is lower than the FIE.TO Sharpe Ratio of 3.88. The chart below compares the historical Sharpe Ratios of NWH-UN.TO and FIE.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

NWH-UN.TOFIE.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.03

3.88

-2.85

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.36

1.25

-1.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.07

0.86

-0.79

Sharpe Ratio (All Time)

Calculated using the full available price history

0.17

0.76

-0.59

Drawdowns

NWH-UN.TO vs. FIE.TO - Drawdown Comparison

The maximum NWH-UN.TO drawdown since its inception was -68.61%, which is greater than FIE.TO's maximum drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for NWH-UN.TO and FIE.TO.

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Drawdown Indicators

NWH-UN.TOFIE.TODifference

Max Drawdown

Largest peak-to-trough decline

-68.61%

-42.24%

-26.37%

Max Drawdown (1Y)

Largest decline over 1 year

-13.02%

-5.70%

-7.32%

Max Drawdown (3Y)

Largest decline over 3 years

-48.19%

-10.70%

-37.49%

Max Drawdown (5Y)

Largest decline over 5 years

-68.61%

-22.93%

-45.68%

Max Drawdown (10Y)

Largest decline over 10 years

-68.61%

-42.24%

-26.37%

Current Drawdown

Current decline from peak

-46.44%

-0.28%

-46.16%

Average Drawdown

Average peak-to-trough decline

-17.38%

-4.87%

-12.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.08%

1.38%

+3.70%

Volatility

NWH-UN.TO vs. FIE.TO - Volatility Comparison

NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO) has a higher volatility of 4.85% compared to iShares Canadian Financial Monthly Income ETF (FIE.TO) at 2.99%. This indicates that NWH-UN.TO's price experiences larger fluctuations and is considered to be riskier than FIE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

NWH-UN.TOFIE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.85%

2.99%

+1.86%

Volatility (6M)

Calculated over the trailing 6-month period

18.21%

7.21%

+11.00%

Volatility (1Y)

Calculated over the trailing 1-year period

21.84%

8.43%

+13.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.91%

10.45%

+15.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.13%

14.04%

+11.09%

Dividends

NWH-UN.TO vs. FIE.TO - Dividend Comparison

NWH-UN.TO's dividend yield for the trailing twelve months is around 5.89%, more than FIE.TO's 4.47% yield.

PositionTTM20252024202320222021202020192018201720162015
FIE.TO
iShares Canadian Financial Monthly Income ETF		4.47%4.81%5.84%6.98%7.31%5.85%7.10%6.65%7.38%6.28%6.59%7.43%
NWH-UN.TO
NorthWest Healthcare Properties Real Estate Investment Trust		5.89%7.05%8.09%12.66%8.42%5.79%6.35%6.71%8.44%7.04%7.84%8.96%

Frequently Asked Questions

NWH-UN.TO and FIE.TO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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