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SHSAX vs. DLHIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SHSAX and DLHIX is 0.87, 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.


-0.50.00.51.00.9

Performance

SHSAX vs. DLHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Health Sciences Opportunities Portfolio (SHSAX) and Delaware Healthcare Fund (DLHIX). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%SeptemberOctoberNovemberDecember2025
-6.40%
-14.58%
SHSAX
DLHIX

Key characteristics

Sharpe Ratio

SHSAX:

-0.05

DLHIX:

-0.17

Sortino Ratio

SHSAX:

0.03

DLHIX:

-0.10

Omega Ratio

SHSAX:

1.00

DLHIX:

0.98

Calmar Ratio

SHSAX:

-0.03

DLHIX:

-0.13

Martin Ratio

SHSAX:

-0.11

DLHIX:

-0.35

Ulcer Index

SHSAX:

5.75%

DLHIX:

8.57%

Daily Std Dev

SHSAX:

13.62%

DLHIX:

17.59%

Max Drawdown

SHSAX:

-39.26%

DLHIX:

-37.64%

Current Drawdown

SHSAX:

-16.99%

DLHIX:

-18.78%

Returns By Period

In the year-to-date period, SHSAX achieves a 6.25% return, which is significantly higher than DLHIX's 3.62% return. Over the past 10 years, SHSAX has underperformed DLHIX with an annualized return of 3.02%, while DLHIX has yielded a comparatively higher 3.39% annualized return.


SHSAX

YTD

6.25%

1M

6.30%

6M

-5.57%

1Y

-1.53%

5Y*

1.12%

10Y*

3.02%

DLHIX

YTD

3.62%

1M

3.93%

6M

-13.97%

1Y

-3.60%

5Y*

0.05%

10Y*

3.39%

*Annualized

Compare stocks, funds, or ETFs

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


SHSAX vs. DLHIX - Expense Ratio Comparison

SHSAX has a 1.09% expense ratio, which is higher than DLHIX's 0.98% expense ratio.


SHSAX
BlackRock Health Sciences Opportunities Portfolio
Expense ratio chart for SHSAX: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%
Expense ratio chart for DLHIX: current value at 0.98% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.98%

Risk-Adjusted Performance

SHSAX vs. DLHIX — Risk-Adjusted Performance Rank

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

SHSAX
The Risk-Adjusted Performance Rank of SHSAX is 55
Overall Rank
The Sharpe Ratio Rank of SHSAX is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of SHSAX is 55
Sortino Ratio Rank
The Omega Ratio Rank of SHSAX is 55
Omega Ratio Rank
The Calmar Ratio Rank of SHSAX is 55
Calmar Ratio Rank
The Martin Ratio Rank of SHSAX is 55
Martin Ratio Rank

DLHIX
The Risk-Adjusted Performance Rank of DLHIX is 33
Overall Rank
The Sharpe Ratio Rank of DLHIX is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of DLHIX is 33
Sortino Ratio Rank
The Omega Ratio Rank of DLHIX is 33
Omega Ratio Rank
The Calmar Ratio Rank of DLHIX is 22
Calmar Ratio Rank
The Martin Ratio Rank of DLHIX is 33
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SHSAX vs. DLHIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Health Sciences Opportunities Portfolio (SHSAX) and Delaware Healthcare Fund (DLHIX). 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.


Sharpe ratio
The chart of Sharpe ratio for SHSAX, currently valued at -0.05, compared to the broader market-1.000.001.002.003.004.00-0.05-0.17
The chart of Sortino ratio for SHSAX, currently valued at 0.03, compared to the broader market0.002.004.006.008.0010.0012.000.03-0.10
The chart of Omega ratio for SHSAX, currently valued at 1.00, compared to the broader market1.002.003.004.001.000.98
The chart of Calmar ratio for SHSAX, currently valued at -0.03, compared to the broader market0.005.0010.0015.0020.00-0.03-0.13
The chart of Martin ratio for SHSAX, currently valued at -0.11, compared to the broader market0.0020.0040.0060.0080.00-0.11-0.35
SHSAX
DLHIX

The current SHSAX Sharpe Ratio is -0.05, which is higher than the DLHIX Sharpe Ratio of -0.17. The chart below compares the historical Sharpe Ratios of SHSAX and DLHIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00SeptemberOctoberNovemberDecember2025
-0.05
-0.17
SHSAX
DLHIX

Dividends

SHSAX vs. DLHIX - Dividend Comparison

SHSAX's dividend yield for the trailing twelve months is around 0.23%, less than DLHIX's 0.40% yield.


TTM20242023202220212020201920182017201620152014
SHSAX
BlackRock Health Sciences Opportunities Portfolio
0.23%0.24%0.26%0.34%0.00%0.00%0.30%0.11%0.00%0.00%1.38%0.04%
DLHIX
Delaware Healthcare Fund
0.40%0.41%0.87%0.25%0.16%0.44%0.10%0.91%3.23%1.27%1.12%0.32%

Drawdowns

SHSAX vs. DLHIX - Drawdown Comparison

The maximum SHSAX drawdown since its inception was -39.26%, roughly equal to the maximum DLHIX drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for SHSAX and DLHIX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2025
-16.99%
-18.78%
SHSAX
DLHIX

Volatility

SHSAX vs. DLHIX - Volatility Comparison

BlackRock Health Sciences Opportunities Portfolio (SHSAX) has a higher volatility of 3.89% compared to Delaware Healthcare Fund (DLHIX) at 3.59%. This indicates that SHSAX's price experiences larger fluctuations and is considered to be riskier than DLHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%SeptemberOctoberNovemberDecember2025
3.89%
3.59%
SHSAX
DLHIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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