THW vs. SHPAX
Compare and contrast key facts about abrdn World Healthcare Fund (THW) and Saratoga Health & Biotechnology Fund (SHPAX).
THW is an actively managed fund by Aberdeen. It was launched on Jun 26, 2015. SHPAX is managed by Saratoga. It was launched on Jul 14, 1999.
Performance
THW vs. SHPAX - Performance Comparison
Loading graphics...
THW vs. SHPAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THW abrdn World Healthcare Fund | -6.09% | 31.10% | 5.35% | -11.52% | -1.21% | 12.03% | 26.40% | 32.98% | -5.40% | 16.95% |
SHPAX Saratoga Health & Biotechnology Fund | -1.13% | 17.43% | 0.26% | -0.36% | 1.93% | 16.71% | 3.52% | 27.67% | -5.30% | 11.78% |
Returns By Period
In the year-to-date period, THW achieves a -6.09% return, which is significantly lower than SHPAX's -1.13% return. Over the past 10 years, THW has outperformed SHPAX with an annualized return of 8.91%, while SHPAX has yielded a comparatively lower 6.84% annualized return.
THW
- 1D
- 3.64%
- 1M
- -7.57%
- YTD
- -6.09%
- 6M
- -2.10%
- 1Y
- 14.16%
- 3Y*
- 6.11%
- 5Y*
- 5.61%
- 10Y*
- 8.91%
SHPAX
- 1D
- 0.96%
- 1M
- -6.99%
- YTD
- -1.13%
- 6M
- 10.24%
- 1Y
- 12.17%
- 3Y*
- 6.93%
- 5Y*
- 5.73%
- 10Y*
- 6.84%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
THW vs. SHPAX - Expense Ratio Comparison
THW has a 1.54% expense ratio, which is lower than SHPAX's 2.90% expense ratio.
Return for Risk
THW vs. SHPAX — Risk / Return Rank
THW
SHPAX
THW vs. SHPAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn World Healthcare Fund (THW) and Saratoga Health & Biotechnology Fund (SHPAX). 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.
| THW | SHPAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.65 | 0.78 | -0.13 |
Sortino ratioReturn per unit of downside risk | 1.01 | 1.18 | -0.17 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.15 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 1.56 | -0.48 |
Martin ratioReturn relative to average drawdown | 2.72 | 4.30 | -1.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| THW | SHPAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 0.78 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.41 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.41 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.30 | -0.05 |
Correlation
The correlation between THW and SHPAX is 0.59, 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.
Dividends
THW vs. SHPAX - Dividend Comparison
THW's dividend yield for the trailing twelve months is around 12.00%, more than SHPAX's 3.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THW abrdn World Healthcare Fund | 12.00% | 10.96% | 12.72% | 12.00% | 9.56% | 8.60% | 8.85% | 10.11% | 12.08% | 10.29% | 10.91% | 3.69% |
SHPAX Saratoga Health & Biotechnology Fund | 3.70% | 3.66% | 1.35% | 5.38% | 6.34% | 3.76% | 13.82% | 13.24% | 22.00% | 17.98% | 12.52% | 10.70% |
Drawdowns
THW vs. SHPAX - Drawdown Comparison
The maximum THW drawdown since its inception was -37.36%, smaller than the maximum SHPAX drawdown of -69.50%. Use the drawdown chart below to compare losses from any high point for THW and SHPAX.
Loading graphics...
Drawdown Indicators
| THW | SHPAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.36% | -69.50% | +32.14% |
Max Drawdown (1Y)Largest decline over 1 year | -11.28% | -7.87% | -3.41% |
Max Drawdown (5Y)Largest decline over 5 years | -31.53% | -16.32% | -15.21% |
Max Drawdown (10Y)Largest decline over 10 years | -37.36% | -28.05% | -9.31% |
Current DrawdownCurrent decline from peak | -8.05% | -6.99% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -9.84% | -28.07% | +18.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.09% | 2.86% | +2.23% |
Volatility
THW vs. SHPAX - Volatility Comparison
abrdn World Healthcare Fund (THW) has a higher volatility of 7.48% compared to Saratoga Health & Biotechnology Fund (SHPAX) at 4.62%. This indicates that THW's price experiences larger fluctuations and is considered to be riskier than SHPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| THW | SHPAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.48% | 4.62% | +2.86% |
Volatility (6M)Calculated over the trailing 6-month period | 14.40% | 9.76% | +4.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.94% | 16.57% | +5.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.50% | 14.19% | +4.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.18% | 16.57% | +4.61% |