TRUH vs. MHIP

Last updated Jul 18, 2026

TRUH (VanEck Healthcare TruSector ETF) and MHIP (Milliman Healthcare Inflation Plus ETF) are both Health & Biotech Equities funds. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

TRUH vs. MHIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Healthcare TruSector ETF (TRUH) and Milliman Healthcare Inflation Plus ETF (MHIP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TRUH

• 1D: -0.42%
• 1M: 7.26%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MHIP

• 1D: -0.29%
• 1M: 1.91%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TRUH vs. MHIP - Yearly Performance Comparison

	2026 (YTD)
TRUH VanEck Healthcare TruSector ETF	9.66%
MHIP Milliman Healthcare Inflation Plus ETF	-0.15%

Correlation

The correlation between TRUH and MHIP is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.65

Return for Risk

TRUH vs. MHIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Healthcare TruSector ETF (TRUH) and Milliman Healthcare Inflation Plus ETF (MHIP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

TRUH vs. MHIP - Drawdown Comparison

The maximum TRUH drawdown since its inception was -4.51%, which is greater than MHIP's maximum drawdown of -3.09%. Use the drawdown chart below to compare losses from any high point for TRUH and MHIP.

Drawdown Indicators

	TRUH	MHIP	Difference
Max Drawdown Largest peak-to-trough decline	-4.51%	-3.09%	-1.42%
Current Drawdown Current decline from peak	-2.10%	-1.76%	-0.34%
Average Drawdown Average peak-to-trough decline	-1.61%	-1.29%	-0.32%

Volatility

Volatility by Period

	TRUH	MHIP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.53%	11.46%	+6.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.53%	11.46%	+6.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.53%	11.46%	+6.07%

Dividends

TRUH vs. MHIP - Dividend Comparison

TRUH's dividend yield for the trailing twelve months is around 0.30%, while MHIP has not paid dividends to shareholders.

Position	TTM
MHIP Milliman Healthcare Inflation Plus ETF	0.00%
TRUH VanEck Healthcare TruSector ETF	0.30%

Frequently Asked Questions

Can I hold both TRUH and MHIP in my portfolio?

TRUH and MHIP have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, TRUH or MHIP?

TRUH has the higher dividend yield at 0.30%, compared with 0.00% for MHIP.

What is the main difference between TRUH and MHIP?

They also come from different issuers: VanEck and Milliman.