XHC.TO vs. FBTU.L
XHC.TO (iShares Global Healthcare Index ETF (CAD-Hedged)) and FBTU.L (First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating) are both Health & Biotech Equities funds. Over the past 5 years, XHC.TO returned 3.54%/yr vs 9.06%/yr for FBTU.L. At a 0.33 correlation, their price movements are largely independent. XHC.TO charges 0.66%/yr vs 0.60%/yr for FBTU.L.
Performance
XHC.TO vs. FBTU.L - Performance Comparison
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Different Trading Currencies
XHC.TO is traded in CAD, while FBTU.L is traded in USD. To make them comparable, the FBTU.L values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XHC.TO achieves a -5.65% return, which is significantly lower than FBTU.L's 5.54% return.
XHC.TO
- 1D
- 0.59%
- 1M
- 0.77%
- YTD
- -5.65%
- 6M
- -5.54%
- 1Y
- 7.72%
- 3Y*
- 2.70%
- 5Y*
- 3.54%
- 10Y*
- 6.87%
FBTU.L
- 1D
- 2.03%
- 1M
- 8.97%
- YTD
- 5.54%
- 6M
- 2.22%
- 1Y
- 35.19%
- 3Y*
- 13.16%
- 5Y*
- 9.06%
- 10Y*
- —
XHC.TO vs. FBTU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XHC.TO iShares Global Healthcare Index ETF (CAD-Hedged) | -5.65% | 10.91% | 1.22% | 2.14% | -3.56% | 21.32% | 6.56% |
FBTU.L First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating | 5.54% | 20.17% | 13.73% | 1.62% | 0.74% | -4.64% | -3.76% |
Correlation
The correlation between XHC.TO and FBTU.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2020 | 0.33 |
The correlation between XHC.TO and FBTU.L shifts across timeframes, from 0.33 (all time) to 0.49 (1 year), reflecting how their relationship changes across market environments.
XHC.TO vs. FBTU.L - Sectors Allocation Comparison
Sectors
XHC.TO
FBTU.L
Healthcare
Consumer Defensive
-
Basic Materials
-
-
Communication Services
-
-
Consumer Cyclical
-
-
Energy
-
-
Financial Services
-
-
Industrials
-
-
Real Estate
-
-
Technology
-
-
Utilities
-
-
Healthcare
XHC.TO
FBTU.L
Consumer Defensive
XHC.TO
FBTU.L
-
Basic Materials
XHC.TO
-
FBTU.L
-
Communication Services
XHC.TO
-
FBTU.L
-
Consumer Cyclical
XHC.TO
-
FBTU.L
-
Energy
XHC.TO
-
FBTU.L
-
Financial Services
XHC.TO
-
FBTU.L
-
Industrials
XHC.TO
-
FBTU.L
-
Real Estate
XHC.TO
-
FBTU.L
-
Technology
XHC.TO
-
FBTU.L
-
Utilities
XHC.TO
-
FBTU.L
-
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Return for Risk
XHC.TO vs. FBTU.L — Risk / Return Rank
XHC.TO
FBTU.L
XHC.TO vs. FBTU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) and First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.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.
| XHC.TO | FBTU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.28 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 2.40 | -1.68 |
| Martin ratioReturn relative to average drawdown | 1.76 | 6.22 | -4.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XHC.TO | FBTU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.54 | 1.65 | -1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.45 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.25 | +0.42 |
Drawdowns
XHC.TO vs. FBTU.L - Drawdown Comparison
The maximum XHC.TO drawdown since its inception was -27.28%, smaller than the maximum FBTU.L drawdown of -35.30%. Use the drawdown chart below to compare losses from any high point for XHC.TO and FBTU.L.
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Drawdown Indicators
| XHC.TO | FBTU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.28% | -35.30% | +8.02% |
Max Drawdown (1Y)Largest decline over 1 year | -10.79% | -14.58% | +3.79% |
Max Drawdown (3Y)Largest decline over 3 years | -18.81% | -24.85% | +6.04% |
Max Drawdown (5Y)Largest decline over 5 years | -18.81% | -28.57% | +9.76% |
Max Drawdown (10Y)Largest decline over 10 years | -27.28% | — | — |
Current DrawdownCurrent decline from peak | -9.76% | -1.70% | -8.06% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -14.03% | +9.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.39% | 5.64% | -1.25% |
Volatility
XHC.TO vs. FBTU.L - Volatility Comparison
The current volatility for iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) is 4.76%, while First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) has a volatility of 6.09%. This indicates that XHC.TO experiences smaller price fluctuations and is considered to be less risky than FBTU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHC.TO | FBTU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.76% | 6.09% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 10.21% | 15.82% | -5.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.34% | 21.25% | -6.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.87% | 20.26% | -6.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.75% | 20.73% | -4.98% |
XHC.TO vs. FBTU.L - Expense Ratio Comparison
XHC.TO has a 0.66% expense ratio, which is higher than FBTU.L's 0.60% expense ratio.
Dividends
XHC.TO vs. FBTU.L - Dividend Comparison
XHC.TO's dividend yield for the trailing twelve months is around 1.98%, while FBTU.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBTU.L First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XHC.TO iShares Global Healthcare Index ETF (CAD-Hedged) | 1.98% | 1.87% | 4.42% | 2.38% | 0.84% | 0.79% | 0.96% | 1.07% | 1.68% | 1.14% | 1.63% | 2.15% |
Frequently Asked Questions
XHC.TO and FBTU.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FBTU.L is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FBTU.L is cheaper with a 0.60% expense ratio, compared with 0.66% for XHC.TO.
They also come from different issuers: iShares and First Trust. Their fees differ too: 0.66% for XHC.TO and 0.60% for FBTU.L.
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