UKRE.L vs. HEAL.L
Compare and contrast key facts about iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L) and iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L).
UKRE.L and HEAL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UKRE.L is a passively managed fund by iShares that tracks the performance of the MSCI UK IMI Liquid Real Estate Index. It was launched on Mar 16, 2015. HEAL.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Sep 8, 2016. Both UKRE.L and HEAL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UKRE.L or HEAL.L.
Key characteristics
| UKRE.L | HEAL.L | |
|---|---|---|
| YTD Return | 3.31% | 6.93% |
| 1Y Return | 15.73% | 16.13% |
| 3Y Return (Ann) | -4.24% | -8.37% |
| 5Y Return (Ann) | -0.37% | 5.88% |
| Sharpe Ratio | 0.95 | 0.95 |
| Daily Std Dev | 13.98% | 16.41% |
| Max Drawdown | -31.82% | -46.43% |
| Current Drawdown | -16.63% | -28.90% |
Correlation
The correlation between UKRE.L and HEAL.L is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
UKRE.L vs. HEAL.L - Performance Comparison
In the year-to-date period, UKRE.L achieves a 3.31% return, which is significantly lower than HEAL.L's 6.93% return. 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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UKRE.L vs. HEAL.L - Expense Ratio Comparison
Both UKRE.L and HEAL.L have an expense ratio of 0.40%.
Risk-Adjusted Performance
UKRE.L vs. HEAL.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L) and iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L). 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
UKRE.L vs. HEAL.L - Dividend Comparison
UKRE.L's dividend yield for the trailing twelve months is around 6.92%, while HEAL.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
UKRE.L iShares MSCI Target UK Real Estate UCITS ETF | 6.92% | 5.22% | 1.90% | 0.86% | 1.45% | 2.09% | 2.60% | 2.32% | 1.76% | 0.86% |
HEAL.L iShares Healthcare Innovation UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UKRE.L vs. HEAL.L - Drawdown Comparison
The maximum UKRE.L drawdown since its inception was -31.82%, smaller than the maximum HEAL.L drawdown of -46.43%. Use the drawdown chart below to compare losses from any high point for UKRE.L and HEAL.L. For additional features, visit the drawdowns tool.
Volatility
UKRE.L vs. HEAL.L - Volatility Comparison
iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L) has a higher volatility of 3.80% compared to iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L) at 3.34%. This indicates that UKRE.L's price experiences larger fluctuations and is considered to be riskier than HEAL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.