PPH vs. RDIV

Last updated Jun 16, 2026

PPH (VanEck Pharmaceutical ETF) and RDIV (Invesco S&P Ultra Dividend Revenue ETF) are both exchange-traded funds - PPH is a Health & Biotech Equities fund tracking the MVIS US Listed Pharmaceutical 25 Index, while RDIV is a Mid Cap Value Equities fund tracking the S&P 900 Dividend Revenue-Weighted Index. Both are passively managed. Over the past 10 years, PPH returned 8.39%/yr vs 11.04%/yr for RDIV. A 0.50 correlation means they provide meaningful diversification when combined. PPH charges 0.36%/yr vs 0.39%/yr for RDIV.

Performance

PPH vs. RDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Pharmaceutical ETF (PPH) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PPH achieves a 2.96% return, which is significantly lower than RDIV's 14.73% return. Over the past 10 years, PPH has underperformed RDIV with an annualized return of 8.39%, while RDIV has yielded a comparatively higher 11.04% annualized return.

PPH

• 1D: -1.04%
• 1M: 4.48%
• YTD: 2.96%
• 6M: 3.80%
• 1Y: 18.69%
• 3Y*: 12.38%
• 5Y*: 9.47%
• 10Y*: 8.39%

RDIV

• 1D: -1.73%
• 1M: 5.67%
• YTD: 14.73%
• 6M: 12.64%
• 1Y: 29.81%
• 3Y*: 18.46%
• 5Y*: 10.99%
• 10Y*: 11.04%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PPH vs. RDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PPH VanEck Pharmaceutical ETF	2.96%	22.00%	8.05%	6.95%	2.64%	17.79%	5.49%	19.39%	-5.89%	15.23%
RDIV Invesco S&P Ultra Dividend Revenue ETF	14.73%	12.36%	15.17%	4.66%	7.16%	29.12%	-9.31%	22.62%	-4.78%	11.63%

Correlation

The correlation between PPH and RDIV is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Oct 1, 2013	0.50

The correlation between PPH and RDIV shifts across timeframes, from 0.34 (1 year) to 0.51 (10 years), reflecting how their relationship changes across market environments.

PPH vs. RDIV - Sectors Allocation Comparison

Sectors	PPH	RDIV
Healthcare	100.0%	6.8%
Industrials	0.1%	-
Basic Materials	-	0.5%
Communication Services	-	8.8%
Consumer Cyclical	-	15.0%
Consumer Defensive	-	14.6%
Energy	-	17.3%
Financial Services	-	17.8%
Real Estate	-	7.3%
Technology	-	6.2%
Utilities	-	6.2%

Return for Risk

PPH vs. RDIV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PPH

PPH Risk / Return Rank: 34
PPH Sharpe Ratio Rank: 32
PPH Sortino Ratio Rank: 35
PPH Omega Ratio Rank: 31
PPH Calmar Ratio Rank: 38
PPH Martin Ratio Rank: 32

RDIV

RDIV Risk / Return Rank: 84
RDIV Sharpe Ratio Rank: 78
RDIV Sortino Ratio Rank: 83
RDIV Omega Ratio Rank: 74
RDIV Calmar Ratio Rank: 94
RDIV Martin Ratio Rank: 89

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.

PPH vs. RDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Pharmaceutical ETF (PPH) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). 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.

	PPH	RDIV	Difference
Sharpe ratio: Return per unit of total volatility	1.07	2.26	-1.20
Sortino ratio: Return per unit of downside risk	1.70	3.33	-1.63
Omega ratio: Gain probability vs. loss probability	1.20	1.39	-0.20
Calmar ratio: Return relative to maximum drawdown	1.74	6.18	-4.44
Martin ratio: Return relative to average drawdown	4.30	18.36	-14.06

PPH vs. RDIV - Sharpe Ratio Comparison

The current PPH Sharpe Ratio is 1.07, which is lower than the RDIV Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of PPH and RDIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PPH vs. RDIV - Drawdown Comparison

The maximum PPH drawdown since its inception was -51.45%, roughly equal to the maximum RDIV drawdown of -49.97%. Use the drawdown chart below to compare losses from any high point for PPH and RDIV.

Drawdown Indicators

	PPH	RDIV	Difference
Max Drawdown Largest peak-to-trough decline	-51.45%	-49.97%	-1.48%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	-4.84%	-5.92%
Max Drawdown (3Y) Largest decline over 3 years	-18.06%	-17.91%	-0.15%
Max Drawdown (5Y) Largest decline over 5 years	-20.26%	-24.89%	+4.63%
Max Drawdown (10Y) Largest decline over 10 years	-29.70%	-49.97%	+20.27%
Current Drawdown Current decline from peak	-4.90%	-1.73%	-3.17%
Average Drawdown Average peak-to-trough decline	-17.29%	-5.85%	-11.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.45%	1.63%	+2.82%

Volatility

PPH vs. RDIV - Volatility Comparison

VanEck Pharmaceutical ETF (PPH) has a higher volatility of 5.95% compared to Invesco S&P Ultra Dividend Revenue ETF (RDIV) at 4.07%. This indicates that PPH's price experiences larger fluctuations and is considered to be riskier than RDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PPH	RDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.95%	4.07%	+1.88%
Volatility (6M) Calculated over the trailing 6-month period	12.18%	8.83%	+3.35%
Volatility (1Y) Calculated over the trailing 1-year period	17.66%	13.26%	+4.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.14%	17.56%	-2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.00%	21.90%	-4.90%

PPH vs. RDIV - Expense Ratio Comparison

PPH has a 0.36% expense ratio, which is lower than RDIV's 0.39% expense ratio.

Dividends

PPH vs. RDIV - Dividend Comparison

PPH's dividend yield for the trailing twelve months is around 2.05%, less than RDIV's 3.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PPH VanEck Pharmaceutical ETF	2.05%	1.78%	1.98%	2.09%	1.55%	1.62%	1.66%	1.77%	1.97%	1.92%	2.43%	1.93%
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.57%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%

Frequently Asked Questions

Can I hold both PPH and RDIV in my portfolio?

PPH and RDIV have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PPH or RDIV?

PPH has higher volatility (5.95%) compared to RDIV (4.07%). In terms of maximum drawdown, PPH dropped -51.45% vs RDIV's -49.97%.

Which ETF is better, PPH or RDIV?

On 10-year performance, RDIV leads with 11.04% vs 8.39% for PPH. On fees, PPH is cheaper at 0.36% per year. On volatility, RDIV has been the lower-risk option at 4.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PPH or RDIV?

Over the 10-year period, RDIV has performed better with a 11.04% return vs 8.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PPH or RDIV?

PPH is cheaper with a 0.36% expense ratio, compared with 0.39% for RDIV.

Which ETF pays a higher dividend yield, PPH or RDIV?

RDIV has the higher dividend yield at 3.57%, compared with 2.05% for PPH.

What is the main difference between PPH and RDIV?

PPH is categorized as Health & Biotech Equities, while RDIV is Mid Cap Value Equities. PPH tracks MVIS US Listed Pharmaceutical 25 Index, while RDIV tracks S&P 900 Dividend Revenue-Weighted Index. They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.36% for PPH and 0.39% for RDIV.

Which has better risk-adjusted returns?

RDIV currently has the higher Sharpe Ratio (2.26 vs 1.07), 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.