SHIP vs. FHLC

Last updated Jun 13, 2026

SHIP (Seanergy Maritime Holdings Corp.) is a stock, while FHLC (Fidelity MSCI Health Care Index ETF) is Health & Biotech Equities fund tracking the MSCI USA IMI Health Care Index. Over the past 10 years, SHIP returned -41.99%/yr vs 9.76%/yr for FHLC. At a 0.11 correlation, their price movements are largely independent.

Performance

SHIP vs. FHLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Seanergy Maritime Holdings Corp. (SHIP) and Fidelity MSCI Health Care Index ETF (FHLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHIP achieves a 82.14% return, which is significantly higher than FHLC's 0.03% return. Over the past 10 years, SHIP has underperformed FHLC with an annualized return of -41.99%, while FHLC has yielded a comparatively higher 9.76% annualized return.

SHIP

• 1D: 6.03%
• 1M: 4.29%
• YTD: 82.14%
• 6M: 73.58%
• 1Y: 151.48%
• 3Y*: 65.24%
• 5Y*: 14.64%
• 10Y*: -41.99%

FHLC

• 1D: -0.13%
• 1M: 5.86%
• YTD: 0.03%
• 6M: 0.58%
• 1Y: 16.58%
• 3Y*: 7.18%
• 5Y*: 4.76%
• 10Y*: 9.76%

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

SHIP vs. FHLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHIP Seanergy Maritime Holdings Corp.	82.14%	38.48%	-3.81%	61.04%	-36.53%	70.83%	-93.89%	-92.71%	-51.66%	-9.57%
FHLC Fidelity MSCI Health Care Index ETF	0.03%	15.42%	2.48%	2.58%	-5.55%	20.39%	18.13%	21.94%	4.71%	23.34%

Correlation

The correlation between SHIP and FHLC is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013	0.11

Return for Risk

SHIP vs. FHLC — Risk / Return Rank

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

SHIP

SHIP Risk / Return Rank: 96
SHIP Sharpe Ratio Rank: 97
SHIP Sortino Ratio Rank: 96
SHIP Omega Ratio Rank: 94
SHIP Calmar Ratio Rank: 97
SHIP Martin Ratio Rank: 96

FHLC

FHLC Risk / Return Rank: 34
FHLC Sharpe Ratio Rank: 34
FHLC Sortino Ratio Rank: 37
FHLC Omega Ratio Rank: 32
FHLC Calmar Ratio Rank: 35
FHLC Martin Ratio Rank: 30

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.

SHIP vs. FHLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Seanergy Maritime Holdings Corp. (SHIP) 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.

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.

	SHIP	FHLC	Difference
Sharpe ratio: Return per unit of total volatility	3.62	1.09	+2.53
Sortino ratio: Return per unit of downside risk	4.14	1.72	+2.42
Omega ratio: Gain probability vs. loss probability	1.50	1.19	+0.31
Calmar ratio: Return relative to maximum drawdown	8.33	1.55	+6.78
Martin ratio: Return relative to average drawdown	20.43	3.86	+16.57

SHIP vs. FHLC - Sharpe Ratio Comparison

The current SHIP Sharpe Ratio is 3.62, which is higher than the FHLC Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of SHIP and FHLC, 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

SHIP vs. FHLC - Drawdown Comparison

The maximum SHIP drawdown since its inception was -100.00%, which is greater than FHLC's maximum drawdown of -28.76%. Use the drawdown chart below to compare losses from any high point for SHIP and FHLC.

Drawdown Indicators

	SHIP	FHLC	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-28.76%	-71.24%
Max Drawdown (1Y) Largest decline over 1 year	-18.56%	-10.38%	-8.18%
Max Drawdown (3Y) Largest decline over 3 years	-57.61%	-16.87%	-40.74%
Max Drawdown (5Y) Largest decline over 5 years	-69.11%	-17.73%	-51.38%
Max Drawdown (10Y) Largest decline over 10 years	-99.98%	-28.76%	-71.22%
Current Drawdown Current decline from peak	-99.98%	-3.15%	-96.83%
Average Drawdown Average peak-to-trough decline	-86.56%	-5.19%	-81.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.55%	4.16%	+3.39%

Volatility

SHIP vs. FHLC - Volatility Comparison

Seanergy Maritime Holdings Corp. (SHIP) has a higher volatility of 16.12% compared to Fidelity MSCI Health Care Index ETF (FHLC) at 4.87%. This indicates that SHIP'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.

Volatility by Period

	SHIP	FHLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.12%	4.87%	+11.25%
Volatility (6M) Calculated over the trailing 6-month period	33.91%	10.50%	+23.41%
Volatility (1Y) Calculated over the trailing 1-year period	42.69%	14.69%	+28.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.91%	15.02%	+36.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	98.54%	16.84%	+81.70%

Dividends

SHIP vs. FHLC - Dividend Comparison

SHIP's dividend yield for the trailing twelve months is around 2.60%, more than FHLC's 1.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHLC Fidelity MSCI Health Care Index ETF	1.37%	1.40%	1.51%	1.40%	1.30%	1.16%	1.45%	1.18%	1.38%	1.38%	1.40%	2.07%
SHIP Seanergy Maritime Holdings Corp.	2.60%	3.58%	10.58%	1.28%	25.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SHIP and FHLC in my portfolio?

SHIP and FHLC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHIP or FHLC?

SHIP has higher volatility (16.12%) compared to FHLC (4.87%). In terms of maximum drawdown, SHIP dropped -100.00% vs FHLC's -28.76%.

Which has better risk-adjusted returns?

SHIP currently has the higher Sharpe Ratio (3.62 vs 1.09), 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.