QTUM vs. FHLC
Compare and contrast key facts about Defiance Quantum ETF (QTUM) and Fidelity MSCI Health Care Index ETF (FHLC).
QTUM and FHLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QTUM is a passively managed fund by Defiance ETFs that tracks the performance of the BlueStar Machine Learning and Quantum Computing Index. It was launched on Sep 5, 2018. FHLC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Health Care Index. It was launched on Oct 21, 2013. Both QTUM and FHLC 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: QTUM or FHLC.
Correlation
The correlation between QTUM and FHLC is 0.74, 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
QTUM vs. FHLC - Performance Comparison
Key characteristics
QTUM:
1.01
FHLC:
-0.08
QTUM:
1.53
FHLC:
-0.01
QTUM:
1.20
FHLC:
1.00
QTUM:
1.30
FHLC:
-0.07
QTUM:
4.18
FHLC:
-0.19
QTUM:
7.91%
FHLC:
5.94%
QTUM:
32.89%
FHLC:
14.66%
QTUM:
-38.45%
FHLC:
-28.76%
QTUM:
-13.00%
FHLC:
-11.72%
Returns By Period
In the year-to-date period, QTUM achieves a -7.37% return, which is significantly lower than FHLC's -0.46% return.
QTUM
-7.37%
-3.71%
18.43%
31.83%
24.96%
N/A
FHLC
-0.46%
-4.55%
-7.15%
-0.01%
7.27%
7.86%
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QTUM vs. FHLC - Expense Ratio Comparison
QTUM has a 0.40% expense ratio, which is higher than FHLC's 0.08% expense ratio.
Risk-Adjusted Performance
QTUM vs. FHLC — Risk-Adjusted Performance Rank
QTUM
FHLC
QTUM vs. FHLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) and Fidelity MSCI Health Care Index ETF (FHLC). 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
QTUM vs. FHLC - Dividend Comparison
QTUM's dividend yield for the trailing twelve months is around 0.73%, less than FHLC's 1.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QTUM Defiance Quantum ETF | 0.73% | 0.61% | 0.81% | 1.46% | 0.48% | 0.45% | 0.61% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% |
FHLC Fidelity MSCI Health Care Index ETF | 1.55% | 1.51% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 2.14% | 1.38% | 1.40% | 2.07% | 1.03% |
Drawdowns
QTUM vs. FHLC - Drawdown Comparison
The maximum QTUM drawdown since its inception was -38.45%, which is greater than FHLC's maximum drawdown of -28.76%. Use the drawdown chart below to compare losses from any high point for QTUM and FHLC. For additional features, visit the drawdowns tool.
Volatility
QTUM vs. FHLC - Volatility Comparison
Defiance Quantum ETF (QTUM) has a higher volatility of 17.66% compared to Fidelity MSCI Health Care Index ETF (FHLC) at 9.43%. This indicates that QTUM's price experiences larger fluctuations and is considered to be riskier than FHLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.