PINK vs. PPH
Compare and contrast key facts about Simplify Health Care ETF (PINK) and VanEck Vectors Pharmaceutical ETF (PPH).
PINK and PPH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PINK is an actively managed fund by Simplify. It was launched on Oct 7, 2021. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PINK or PPH.
Key characteristics
| PINK | PPH | |
|---|---|---|
| YTD Return | 19.98% | 20.58% |
| 1Y Return | 27.73% | 21.02% |
| Sharpe Ratio | 2.03 | 1.88 |
| Daily Std Dev | 13.96% | 11.28% |
| Max Drawdown | -18.45% | -46.76% |
| Current Drawdown | -1.03% | -2.29% |
Correlation
The correlation between PINK and PPH is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PINK vs. PPH - Performance Comparison
The year-to-date returns for both investments are quite close, with PINK having a 19.98% return and PPH slightly higher at 20.58%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PINK vs. PPH - Expense Ratio Comparison
PINK has a 0.50% expense ratio, which is higher than PPH's 0.36% expense ratio.
Risk-Adjusted Performance
PINK vs. PPH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Health Care ETF (PINK) 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.
Dividends
PINK vs. PPH - Dividend Comparison
PINK's dividend yield for the trailing twelve months is around 0.52%, less than PPH's 1.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PINK Simplify Health Care ETF | 0.52% | 0.94% | 0.42% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PPH VanEck Vectors Pharmaceutical ETF | 1.58% | 2.09% | 1.55% | 1.62% | 1.66% | 1.77% | 1.97% | 1.92% | 2.43% | 1.93% | 1.70% | 2.03% |
Drawdowns
PINK vs. PPH - Drawdown Comparison
The maximum PINK drawdown since its inception was -18.45%, smaller than the maximum PPH drawdown of -46.76%. Use the drawdown chart below to compare losses from any high point for PINK and PPH. For additional features, visit the drawdowns tool.
Volatility
PINK vs. PPH - Volatility Comparison
Simplify Health Care ETF (PINK) has a higher volatility of 3.09% compared to VanEck Vectors Pharmaceutical ETF (PPH) at 2.69%. This indicates that PINK's price experiences larger fluctuations and is considered to be riskier than PPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.