VHT vs. O
VHT (Vanguard Health Care ETF) is Health & Biotech Equities fund tracking the MSCI US Investable Market Health Care 25/50 Index, while O (Realty Income Corporation) is a stock. Over the past 10 years, VHT returned 9.87%/yr vs 4.89%/yr for O. At a 0.41 correlation, their price movements are largely independent.
Performance
VHT vs. O - Performance Comparison
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Returns By Period
In the year-to-date period, VHT achieves a -0.11% return, which is significantly lower than O's 13.70% return. Over the past 10 years, VHT has outperformed O with an annualized return of 9.87%, while O has yielded a comparatively lower 4.89% annualized return.
VHT
- 1D
- -0.12%
- 1M
- 4.51%
- YTD
- -0.11%
- 6M
- 0.45%
- 1Y
- 16.49%
- 3Y*
- 7.19%
- 5Y*
- 4.78%
- 10Y*
- 9.87%
O
- 1D
- 1.31%
- 1M
- 3.07%
- YTD
- 13.70%
- 6M
- 11.57%
- 1Y
- 14.88%
- 3Y*
- 6.59%
- 5Y*
- 3.49%
- 10Y*
- 4.89%
VHT vs. O - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VHT Vanguard Health Care ETF | -0.11% | 15.46% | 2.66% | 2.52% | -5.60% | 20.57% | 18.29% | 21.87% | 5.58% | 23.26% |
O Realty Income Corporation | 13.70% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
Correlation
The correlation between VHT and O is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004 | 0.41 |
The correlation between VHT and O shifts across timeframes, from 0.27 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VHT vs. O — Risk / Return Rank
VHT
O
VHT vs. O - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care ETF (VHT) and Realty Income Corporation (O). 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.
| VHT | O | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.15 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 1.29 | +0.25 |
| Martin ratioReturn relative to average drawdown | 3.81 | 3.12 | +0.69 |
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Drawdowns
VHT vs. O - Drawdown Comparison
The maximum VHT drawdown since its inception was -39.12%, smaller than the maximum O drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for VHT and O.
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Drawdown Indicators
| VHT | O | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.12% | -48.45% | +9.33% |
Max Drawdown (1Y)Largest decline over 1 year | -10.40% | -11.10% | +0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -16.91% | -26.49% | +9.58% |
Max Drawdown (5Y)Largest decline over 5 years | -17.71% | -34.48% | +16.77% |
Max Drawdown (10Y)Largest decline over 10 years | -28.85% | -48.28% | +19.43% |
Current DrawdownCurrent decline from peak | -3.28% | -5.94% | +2.66% |
Average DrawdownAverage peak-to-trough decline | -5.99% | -9.20% | +3.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 4.58% | -0.39% |
Volatility
VHT vs. O - Volatility Comparison
The current volatility for Vanguard Health Care ETF (VHT) is 4.88%, while Realty Income Corporation (O) has a volatility of 5.29%. This indicates that VHT experiences smaller price fluctuations and is considered to be less risky than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VHT | O | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 5.29% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 11.98% | -1.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.70% | 16.21% | -1.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.01% | 18.92% | -3.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 25.64% | -8.67% |
Dividends
VHT vs. O - Dividend Comparison
VHT's dividend yield for the trailing twelve months is around 1.64%, less than O's 5.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 5.16% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
VHT Vanguard Health Care ETF | 1.64% | 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
VHT and O have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (5.29%) compared to VHT (4.88%). In terms of maximum drawdown, VHT dropped -39.12% vs O's -48.45%.
VHT currently has the higher Sharpe Ratio (1.09 vs 0.88), 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.
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