Correlation
The correlation between SWHFX 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.
SWHFX vs. FHLC
Compare and contrast key facts about Schwab Health Care Fund™ (SWHFX) and Fidelity MSCI Health Care Index ETF (FHLC).
SWHFX is managed by Charles Schwab. It was launched on Jul 2, 2000. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWHFX or FHLC.
Performance
SWHFX vs. FHLC - Performance Comparison
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Key characteristics
SWHFX:
-0.44
FHLC:
-0.29
SWHFX:
-0.64
FHLC:
-0.42
SWHFX:
0.92
FHLC:
0.95
SWHFX:
-0.43
FHLC:
-0.37
SWHFX:
-0.87
FHLC:
-0.87
SWHFX:
9.61%
FHLC:
7.26%
SWHFX:
15.35%
FHLC:
16.20%
SWHFX:
-44.84%
FHLC:
-28.76%
SWHFX:
-16.87%
FHLC:
-14.61%
Returns By Period
In the year-to-date period, SWHFX achieves a -1.76% return, which is significantly higher than FHLC's -3.72% return. Over the past 10 years, SWHFX has underperformed FHLC with an annualized return of 5.86%, while FHLC has yielded a comparatively higher 7.18% annualized return.
SWHFX
-1.76%
-4.96%
-7.71%
-6.77%
0.03%
5.17%
5.86%
FHLC
-3.72%
-4.25%
-9.79%
-4.60%
1.19%
5.77%
7.18%
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SWHFX vs. FHLC - Expense Ratio Comparison
SWHFX has a 0.80% expense ratio, which is higher than FHLC's 0.08% expense ratio.
Risk-Adjusted Performance
SWHFX vs. FHLC — Risk-Adjusted Performance Rank
SWHFX
FHLC
SWHFX vs. FHLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Health Care Fund™ (SWHFX) 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.
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Dividends
SWHFX vs. FHLC - Dividend Comparison
SWHFX's dividend yield for the trailing twelve months is around 9.66%, more than FHLC's 1.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWHFX Schwab Health Care Fund™ | 9.66% | 9.49% | 3.60% | 4.19% | 12.52% | 11.47% | 4.55% | 10.02% | 7.32% | 2.63% | 16.31% | 13.75% |
FHLC Fidelity MSCI Health Care Index ETF | 1.60% | 1.51% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 2.14% | 1.38% | 1.40% | 2.07% | 1.03% |
Drawdowns
SWHFX vs. FHLC - Drawdown Comparison
The maximum SWHFX drawdown since its inception was -44.84%, which is greater than FHLC's maximum drawdown of -28.76%. Use the drawdown chart below to compare losses from any high point for SWHFX and FHLC.
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Volatility
SWHFX vs. FHLC - Volatility Comparison
The current volatility for Schwab Health Care Fund™ (SWHFX) is 7.08%, while Fidelity MSCI Health Care Index ETF (FHLC) has a volatility of 7.56%. This indicates that SWHFX experiences smaller price fluctuations and is considered to be less risky than FHLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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