PBPH vs. IHI
PBPH (Portfolio Building Block World Pharma and Biotech Index ETF) and IHI (iShares U.S. Medical Devices ETF) are both Health & Biotech Equities funds - PBPH tracks the BITA Global Pharma and Biotech Select Index while IHI tracks the Dow Jones U.S. Select Medical Equipment Index. Both are passively managed. At a 0.39 correlation, their price movements are largely independent. PBPH charges 0.13%/yr vs 0.38%/yr for IHI.
Performance
PBPH vs. IHI - Performance Comparison
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Returns By Period
In the year-to-date period, PBPH achieves a 2.63% return, which is significantly higher than IHI's -20.78% return.
PBPH
- 1D
- 1.41%
- 1M
- 0.87%
- YTD
- 2.63%
- 6M
- 2.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IHI
- 1D
- 1.61%
- 1M
- -2.72%
- YTD
- -20.78%
- 6M
- -21.40%
- 1Y
- -18.62%
- 3Y*
- -3.57%
- 5Y*
- -3.41%
- 10Y*
- 8.88%
PBPH vs. IHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PBPH Portfolio Building Block World Pharma and Biotech Index ETF | 2.63% | 0.74% |
IHI iShares U.S. Medical Devices ETF | -20.78% | -1.80% |
Correlation
The correlation between PBPH and IHI is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.39 |
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Return for Risk
PBPH vs. IHI — Risk / Return Rank
PBPH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IHI
PBPH vs. IHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block World Pharma and Biotech Index ETF (PBPH) and iShares U.S. Medical Devices ETF (IHI). 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.
| PBPH | IHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.84 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.72 | — |
| Martin ratioReturn relative to average drawdown | — | -1.63 | — |
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Drawdowns
PBPH vs. IHI - Drawdown Comparison
The maximum PBPH drawdown since its inception was -11.10%, smaller than the maximum IHI drawdown of -49.65%. Use the drawdown chart below to compare losses from any high point for PBPH and IHI.
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Drawdown Indicators
| PBPH | IHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.10% | -49.65% | +38.55% |
Max Drawdown (1Y)Largest decline over 1 year | — | -26.11% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.64% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.25% | — |
Current DrawdownCurrent decline from peak | -5.21% | -25.20% | +19.99% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -8.36% | +4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 11.44% | — |
Volatility
PBPH vs. IHI - Volatility Comparison
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Volatility by Period
| PBPH | IHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.75% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.82% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.07% | 17.62% | -0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.07% | 19.09% | -2.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.07% | 19.82% | -2.75% |
PBPH vs. IHI - Expense Ratio Comparison
PBPH has a 0.13% expense ratio, which is lower than IHI's 0.38% expense ratio.
Dividends
PBPH vs. IHI - Dividend Comparison
PBPH's dividend yield for the trailing twelve months is around 0.09%, less than IHI's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHI iShares U.S. Medical Devices ETF | 0.49% | 0.34% | 0.46% | 0.53% | 0.45% | 0.25% | 0.25% | 0.33% | 0.26% | 0.37% | 0.55% | 1.28% |
PBPH Portfolio Building Block World Pharma and Biotech Index ETF | 0.09% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PBPH and IHI have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBPH is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBPH is cheaper with a 0.13% expense ratio, compared with 0.38% for IHI.
IHI has the higher dividend yield at 0.49%, compared with 0.09% for PBPH.
PBPH tracks BITA Global Pharma and Biotech Select Index, while IHI tracks Dow Jones U.S. Select Medical Equipment Index. They also come from different issuers: Portfolio Building Block and iShares. Their fees differ too: 0.13% for PBPH and 0.38% for IHI.
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