SMLE vs. MEDI
Compare and contrast key facts about Xtrackers S&P SmallCap 600 ESG ETF (SMLE) and Harbor Health Care ETF (MEDI).
SMLE and MEDI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMLE is a passively managed fund by Deutsche Bank that tracks the performance of the S&P SmallCap 600 ESG Index. It was launched on Feb 24, 2021. MEDI is an actively managed fund by Harbor. It was launched on Nov 16, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMLE or MEDI.
Key characteristics
| SMLE | MEDI |
|---|
Correlation
The correlation between SMLE and MEDI is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SMLE vs. MEDI - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SMLE vs. MEDI - Expense Ratio Comparison
SMLE has a 0.15% expense ratio, which is lower than MEDI's 0.80% expense ratio.
Risk-Adjusted Performance
SMLE vs. MEDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P SmallCap 600 ESG ETF (SMLE) and Harbor Health Care ETF (MEDI). 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
SMLE vs. MEDI - Dividend Comparison
SMLE has not paid dividends to shareholders, while MEDI's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
SMLE Xtrackers S&P SmallCap 600 ESG ETF | 0.89% | 1.35% | 0.15% | 1.48% |
MEDI Harbor Health Care ETF | 0.61% | 0.66% | 0.00% | 0.00% |
Drawdowns
SMLE vs. MEDI - Drawdown Comparison
Volatility
SMLE vs. MEDI - Volatility Comparison
The current volatility for Xtrackers S&P SmallCap 600 ESG ETF (SMLE) is 0.00%, while Harbor Health Care ETF (MEDI) has a volatility of 3.54%. This indicates that SMLE experiences smaller price fluctuations and is considered to be less risky than MEDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.