PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PINK vs. VHT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PINK vs. VHT

Last updated Jun 4, 2026

PINK (Simplify Health Care ETF) and VHT (Vanguard Health Care ETF) are both Health & Biotech Equities funds. PINK is actively managed, while VHT is passively managed. Over the past 3 years, PINK returned 14.42%/yr vs 6.14%/yr for VHT. Their correlation of 0.86 suggests significant overlap in exposure. PINK charges 0.50%/yr vs 0.10%/yr for VHT.

Performance

PINK vs. VHT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Health Care ETF (PINK) and Vanguard Health Care ETF (VHT). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PINK achieves a 2.39% return, which is significantly higher than VHT's -4.02% return.

PINK

1D
1.24%
1M
7.28%
YTD
2.39%
6M
2.11%
1Y
31.27%
3Y*
14.42%
5Y*
—
10Y*
—

VHT

1D
0.84%
1M
1.45%
YTD
-4.02%
6M
-4.15%
1Y
14.34%
3Y*
6.14%
5Y*
4.51%
10Y*
9.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PINK vs. VHT - Yearly Performance Comparison

2026 (YTD)20252024202320222021
PINK
Simplify Health Care ETF		2.39%24.34%8.81%3.80%-4.41%12.20%
VHT
Vanguard Health Care ETF		-4.02%15.46%2.66%2.52%-5.60%8.58%

Correlation

The correlation between PINK and VHT is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.76

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

0.80

Correlation (All Time)
Calculated using the full available price history since Oct 11, 2021

0.86

The correlation between PINK and VHT shifts across timeframes, from 0.76 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

PINK vs. VHT - Sectors Allocation Comparison

Sectors
PINK
VHT

Healthcare

93.1%
100.0%

Industrials

6.9%
0.0%

Financial Services

0.0%
0.0%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Real Estate

-

-

Technology

-

0.0%

Utilities

-

-

Healthcare

PINK
93.1%
VHT
100.0%

Industrials

PINK
6.9%
VHT
0.0%

Financial Services

PINK
0.0%
VHT
0.0%

Basic Materials

PINK

-

VHT

-

Communication Services

PINK

-

VHT

-

Consumer Cyclical

PINK

-

VHT

-

Consumer Defensive

PINK

-

VHT

-

Energy

PINK

-

VHT

-

Real Estate

PINK

-

VHT

-

Technology

PINK

-

VHT
0.0%

Utilities

PINK

-

VHT

-

Compare stocks, funds, or ETFs

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

Simplify Health Care ETF

Vanguard Health Care ETF

Often compared with PINK:
PINK vs. XLVPINK vs. PPHPINK vs. ^GSPCPINK vs. ^SP500TRPINK vs. IBBPINK vs. IYHPINK vs. SPMO
Often compared with VHT:
VHT vs. XLVVHT vs. VGHCXVHT vs. VOOVHT vs. VGHAXVHT vs. FHLCVHT vs. IXJVHT vs. IYH

Return for Risk

PINK vs. VHT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PINK
PINK Risk / Return Rank: 4444
Overall Rank
PINK Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
PINK Sortino Ratio Rank: 5151
Sortino Ratio Rank
PINK Omega Ratio Rank: 4646
Omega Ratio Rank
PINK Calmar Ratio Rank: 3838
Calmar Ratio Rank
PINK Martin Ratio Rank: 3636
Martin Ratio Rank
VHT
VHT Risk / Return Rank: 2727
Overall Rank
VHT Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
VHT Sortino Ratio Rank: 2828
Sortino Ratio Rank
VHT Omega Ratio Rank: 2626
Omega Ratio Rank
VHT Calmar Ratio Rank: 2828
Calmar Ratio Rank
VHT Martin Ratio Rank: 2525
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.

PINK vs. VHT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Health Care ETF (PINK) and Vanguard Health Care ETF (VHT). 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.

PINKVHTDifference
Sharpe ratioReturn per unit of total volatility
1.73
1.00

+0.73

Sortino ratioReturn per unit of downside risk
2.50
1.57

+0.92

Omega ratioGain probability vs. loss probability

1.29

1.18

+0.11

Calmar ratioReturn relative to maximum drawdown

1.87

1.38

+0.48

Martin ratioReturn relative to average drawdown

5.62

3.47

+2.15

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

PINK vs. VHT - Sharpe Ratio Comparison

The current PINK Sharpe Ratio is 1.73, which is higher than the VHT Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of PINK and VHT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

PINKVHTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.73

1.00

+0.73

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.30

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.55

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.56

0.00

Drawdowns

PINK vs. VHT - Drawdown Comparison

The maximum PINK drawdown since its inception was -18.77%, smaller than the maximum VHT drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for PINK and VHT.

Loading charts...

Drawdown Indicators

PINKVHTDifference

Max Drawdown

Largest peak-to-trough decline

-18.77%

-39.12%

+20.35%

Max Drawdown (1Y)

Largest decline over 1 year

-16.81%

-10.40%

-6.41%

Max Drawdown (3Y)

Largest decline over 3 years

-18.77%

-16.91%

-1.86%

Max Drawdown (5Y)

Largest decline over 5 years

—

-17.71%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-28.85%

—

Current Drawdown

Current decline from peak

-2.84%

-7.05%

+4.21%

Average Drawdown

Average peak-to-trough decline

-6.75%

-5.99%

-0.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.57%

4.14%

+1.43%

Volatility

PINK vs. VHT - Volatility Comparison

Simplify Health Care ETF (PINK) has a higher volatility of 4.36% compared to Vanguard Health Care ETF (VHT) at 4.08%. This indicates that PINK's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

PINKVHTDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.36%

4.08%

+0.28%

Volatility (6M)

Calculated over the trailing 6-month period

13.44%

10.08%

+3.36%

Volatility (1Y)

Calculated over the trailing 1-year period

18.17%

14.34%

+3.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.57%

14.96%

+2.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.57%

16.94%

+0.63%

PINK vs. VHT - Expense Ratio Comparison

PINK has a 0.50% expense ratio, which is higher than VHT's 0.10% expense ratio.

Dividends

PINK vs. VHT - Dividend Comparison

PINK's dividend yield for the trailing twelve months is around 0.67%, less than VHT's 1.71% yield.

PositionTTM20252024202320222021202020192018201720162015
PINK
Simplify Health Care ETF		0.67%0.68%0.32%0.94%0.42%0.04%0.00%0.00%0.00%0.00%0.00%0.00%
VHT
Vanguard Health Care ETF		1.71%1.61%1.53%1.36%1.33%1.14%1.21%1.89%1.38%1.31%1.45%1.22%

Frequently Asked Questions

PINK and VHT have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PINK has higher volatility (4.36%) compared to VHT (4.08%). In terms of maximum drawdown, PINK dropped -18.77% vs VHT's -39.12%.

On 3-year performance, PINK leads with 14.42% vs 6.14% for VHT. On fees, VHT is cheaper at 0.10% per year. On volatility, VHT has been the lower-risk option at 4.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, PINK has performed better with a 14.42% return vs 6.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VHT is cheaper with a 0.10% expense ratio, compared with 0.50% for PINK.

VHT has the higher dividend yield at 1.71%, compared with 0.67% for PINK.

They also come from different issuers: Simplify and Vanguard. Their fees differ too: 0.50% for PINK and 0.10% for VHT.

PINK currently has the higher Sharpe Ratio (1.73 vs 1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for PINK and VHT

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer