VHCIX vs. FSMEX
Compare and contrast key facts about Vanguard Health Care Index Fund Admiral Shares (VHCIX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX).
VHCIX is managed by Vanguard. It was launched on Feb 5, 2004. FSMEX is managed by Fidelity. It was launched on Apr 28, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VHCIX or FSMEX.
Performance
VHCIX vs. FSMEX - Performance Comparison
Returns By Period
In the year-to-date period, VHCIX achieves a 5.17% return, which is significantly lower than FSMEX's 6.92% return. Over the past 10 years, VHCIX has outperformed FSMEX with an annualized return of 9.21%, while FSMEX has yielded a comparatively lower 6.07% annualized return.
VHCIX
5.17%
-7.34%
-1.60%
13.46%
9.02%
9.21%
FSMEX
6.92%
-3.58%
2.10%
20.59%
2.51%
6.07%
Key characteristics
| VHCIX | FSMEX | |
|---|---|---|
| Sharpe Ratio | 1.23 | 1.34 |
| Sortino Ratio | 1.73 | 1.93 |
| Omega Ratio | 1.22 | 1.24 |
| Calmar Ratio | 1.29 | 0.54 |
| Martin Ratio | 5.40 | 4.89 |
| Ulcer Index | 2.54% | 4.24% |
| Daily Std Dev | 11.16% | 15.45% |
| Max Drawdown | -39.12% | -43.45% |
| Current Drawdown | -9.10% | -25.85% |
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VHCIX vs. FSMEX - Expense Ratio Comparison
VHCIX has a 0.10% expense ratio, which is lower than FSMEX's 0.68% expense ratio.
Correlation
The correlation between VHCIX and FSMEX is 0.85, 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.
Risk-Adjusted Performance
VHCIX vs. FSMEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care Index Fund Admiral Shares (VHCIX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX). 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
VHCIX vs. FSMEX - Dividend Comparison
VHCIX's dividend yield for the trailing twelve months is around 1.47%, while FSMEX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VHCIX Vanguard Health Care Index Fund Admiral Shares | 1.47% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.39% | 1.31% | 1.45% | 1.22% | 1.02% | 1.13% |
FSMEX Fidelity Select Medical Technology and Devices Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.00% | 11.71% | 5.17% | 9.84% |
Drawdowns
VHCIX vs. FSMEX - Drawdown Comparison
The maximum VHCIX drawdown since its inception was -39.12%, smaller than the maximum FSMEX drawdown of -43.45%. Use the drawdown chart below to compare losses from any high point for VHCIX and FSMEX. For additional features, visit the drawdowns tool.
Volatility
VHCIX vs. FSMEX - Volatility Comparison
The current volatility for Vanguard Health Care Index Fund Admiral Shares (VHCIX) is 3.84%, while Fidelity Select Medical Technology and Devices Portfolio (FSMEX) has a volatility of 4.56%. This indicates that VHCIX experiences smaller price fluctuations and is considered to be less risky than FSMEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.