VHC vs. VHT

Last updated Jun 4, 2026

VHC (VirnetX Holding Corp) is a stock, while VHT (Vanguard Health Care ETF) is Health & Biotech Equities fund tracking the MSCI US Investable Market Health Care 25/50 Index. Over the past 10 years, VHC returned -5.86%/yr vs 9.26%/yr for VHT. At a 0.19 correlation, their price movements are largely independent.

Performance

VHC vs. VHT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VirnetX Holding Corp (VHC) and Vanguard Health Care ETF (VHT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VHC achieves a -9.23% return, which is significantly lower than VHT's -4.02% return. Over the past 10 years, VHC has underperformed VHT with an annualized return of -5.86%, while VHT has yielded a comparatively higher 9.26% annualized return.

VHC

• 1D: -9.61%
• 1M: 17.81%
• YTD: -9.23%
• 6M: -22.51%
• 1Y: 71.19%
• 3Y*: 22.75%
• 5Y*: -14.44%
• 10Y*: -5.86%

VHT

• 1D: 0.84%
• 1M: 1.45%
• YTD: -4.02%
• 6M: -4.15%
• 1Y: 14.34%
• 3Y*: 6.14%
• 5Y*: 4.51%
• 10Y*: 9.26%

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

VHC vs. VHT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VHC VirnetX Holding Corp	-9.23%	112.61%	12.14%	-21.30%	-50.00%	-48.41%	54.63%	58.33%	-35.14%	68.18%
VHT Vanguard Health Care ETF	-4.02%	15.46%	2.66%	2.52%	-5.60%	20.57%	18.29%	21.87%	5.58%	23.26%

Correlation

The correlation between VHC and VHT is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	0.19

The correlation between VHC and VHT shifts across timeframes, from 0.04 (1 year) to 0.19 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

VHC vs. VHT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VHC

VHC Risk / Return Rank: 66
VHC Sharpe Ratio Rank: 62
VHC Sortino Ratio Rank: 70
VHC Omega Ratio Rank: 65
VHC Calmar Ratio Rank: 68
VHC Martin Ratio Rank: 64

VHT

VHT Risk / Return Rank: 27
VHT Sharpe Ratio Rank: 27
VHT Sortino Ratio Rank: 28
VHT Omega Ratio Rank: 26
VHT Calmar Ratio Rank: 28
VHT Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VHC vs. VHT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VirnetX Holding Corp (VHC) and Vanguard Health Care ETF (VHT). 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.

	VHC	VHT	Difference
Sharpe ratio: Return per unit of total volatility	0.66	1.00	-0.35
Sortino ratio: Return per unit of downside risk	1.76	1.57	+0.18
Omega ratio: Gain probability vs. loss probability	1.20	1.18	+0.02
Calmar ratio: Return relative to maximum drawdown	1.41	1.38	+0.03
Martin ratio: Return relative to average drawdown	2.56	3.47	-0.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VHC vs. VHT - Sharpe Ratio Comparison

The current VHC Sharpe Ratio is 0.66, which is lower than the VHT Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of VHC and VHT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VHC	VHT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	1.00	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	0.30	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.07	0.55	-0.61
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.56	-0.61

Drawdowns

VHC vs. VHT - Drawdown Comparison

The maximum VHC drawdown since its inception was -99.92%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for VHC and VHT.

Drawdown Indicators

	VHC	VHT	Difference
Max Drawdown Largest peak-to-trough decline	-99.92%	-39.12%	-60.80%
Max Drawdown (1Y) Largest decline over 1 year	-50.68%	-10.40%	-40.28%
Max Drawdown (3Y) Largest decline over 3 years	-67.97%	-16.91%	-51.06%
Max Drawdown (5Y) Largest decline over 5 years	-89.70%	-17.71%	-71.99%
Max Drawdown (10Y) Largest decline over 10 years	-93.69%	-28.85%	-64.84%
Current Drawdown Current decline from peak	-93.62%	-7.05%	-86.57%
Average Drawdown Average peak-to-trough decline	-83.83%	-5.99%	-77.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.86%	4.14%	+23.72%

Volatility

VHC vs. VHT - Volatility Comparison

VirnetX Holding Corp (VHC) has a higher volatility of 29.49% compared to Vanguard Health Care ETF (VHT) at 4.08%. This indicates that VHC's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VHC	VHT	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.49%	4.08%	+25.41%
Volatility (6M) Calculated over the trailing 6-month period	65.78%	10.08%	+55.70%
Volatility (1Y) Calculated over the trailing 1-year period	109.19%	14.34%	+94.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.97%	14.96%	+74.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.89%	16.94%	+71.95%

Dividends

VHC vs. VHT - Dividend Comparison

VHC has not paid dividends to shareholders, while VHT's dividend yield for the trailing twelve months is around 1.71%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VHC VirnetX Holding Corp	0.00%	0.00%	0.00%	285.71%	0.00%	0.00%	19.84%	0.00%	0.00%	0.00%	0.00%	0.00%
VHT Vanguard Health Care ETF	1.71%	1.61%	1.53%	1.36%	1.33%	1.14%	1.21%	1.89%	1.38%	1.31%	1.45%	1.22%

Frequently Asked Questions

Can I hold both VHC and VHT in my portfolio?

VHC and VHT have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VHC or VHT?

VHC has higher volatility (29.49%) compared to VHT (4.08%). In terms of maximum drawdown, VHC dropped -99.92% vs VHT's -39.12%.

Which has better risk-adjusted returns?

VHT currently has the higher Sharpe Ratio (1.00 vs 0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.