Correlation
The correlation between PABU and PPH is 0.53, 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.
PABU vs. PPH
Compare and contrast key facts about iShares Paris-Aligned Climate MSCI USA ETF (PABU) and VanEck Vectors Pharmaceutical ETF (PPH).
PABU and PPH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PABU is a passively managed fund by iShares that tracks the performance of the MSCI USA Climate Paris Aligned Benchmark Extended Select Index. It was launched on Feb 8, 2022. PPH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Pharmaceutical 25 Index. It was launched on Dec 20, 2011. Both PABU and PPH 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: PABU or PPH.
Performance
PABU vs. PPH - Performance Comparison
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Key characteristics
PABU:
0.68
PPH:
0.04
PABU:
0.98
PPH:
0.18
PABU:
1.14
PPH:
1.02
PABU:
0.60
PPH:
0.05
PABU:
2.19
PPH:
0.10
PABU:
5.75%
PPH:
8.26%
PABU:
20.98%
PPH:
16.43%
PABU:
-20.85%
PPH:
-46.49%
PABU:
-4.43%
PPH:
-10.19%
Returns By Period
In the year-to-date period, PABU achieves a -1.08% return, which is significantly lower than PPH's 2.57% return.
PABU
-1.08%
6.45%
-2.57%
13.72%
13.96%
N/A
N/A
PPH
2.57%
0.95%
-1.36%
-0.90%
5.53%
8.78%
3.85%
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PABU vs. PPH - Expense Ratio Comparison
PABU has a 0.10% expense ratio, which is lower than PPH's 0.36% expense ratio.
Risk-Adjusted Performance
PABU vs. PPH — Risk-Adjusted Performance Rank
PABU
PPH
PABU vs. PPH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Paris-Aligned Climate MSCI USA ETF (PABU) and VanEck Vectors Pharmaceutical ETF (PPH). 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.
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Dividends
PABU vs. PPH - Dividend Comparison
PABU's dividend yield for the trailing twelve months is around 0.98%, less than PPH's 1.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PABU iShares Paris-Aligned Climate MSCI USA ETF | 0.98% | 1.01% | 1.06% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PPH VanEck Vectors Pharmaceutical ETF | 1.93% | 1.98% | 2.09% | 1.55% | 1.62% | 1.66% | 1.77% | 1.97% | 1.92% | 2.43% | 1.93% | 1.71% |
Drawdowns
PABU vs. PPH - Drawdown Comparison
The maximum PABU drawdown since its inception was -20.85%, smaller than the maximum PPH drawdown of -46.49%. Use the drawdown chart below to compare losses from any high point for PABU and PPH.
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Volatility
PABU vs. PPH - Volatility Comparison
The current volatility for iShares Paris-Aligned Climate MSCI USA ETF (PABU) is 4.91%, while VanEck Vectors Pharmaceutical ETF (PPH) has a volatility of 7.50%. This indicates that PABU experiences smaller price fluctuations and is considered to be less risky than PPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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