XHC.TO vs. LIFE.TO
Compare and contrast key facts about iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) and Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO).
XHC.TO and LIFE.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XHC.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Apr 12, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XHC.TO or LIFE.TO.
Key characteristics
| XHC.TO | LIFE.TO | |
|---|---|---|
| YTD Return | 10.11% | 5.73% |
| 1Y Return | 17.70% | 13.98% |
| 3Y Return (Ann) | 2.96% | 4.01% |
| 5Y Return (Ann) | 8.10% | 8.63% |
| Sharpe Ratio | 1.64 | 1.29 |
| Sortino Ratio | 2.33 | 1.84 |
| Omega Ratio | 1.29 | 1.22 |
| Calmar Ratio | 1.42 | 1.46 |
| Martin Ratio | 6.44 | 4.93 |
| Ulcer Index | 2.46% | 2.47% |
| Daily Std Dev | 9.62% | 9.43% |
| Max Drawdown | -27.28% | -20.04% |
| Current Drawdown | -6.18% | -7.56% |
Correlation
The correlation between XHC.TO and LIFE.TO is 0.84, 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.
Performance
XHC.TO vs. LIFE.TO - Performance Comparison
In the year-to-date period, XHC.TO achieves a 10.11% return, which is significantly higher than LIFE.TO's 5.73% 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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XHC.TO vs. LIFE.TO - Expense Ratio Comparison
Risk-Adjusted Performance
XHC.TO vs. LIFE.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) and Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO). 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
XHC.TO vs. LIFE.TO - Dividend Comparison
XHC.TO's dividend yield for the trailing twelve months is around 2.20%, less than LIFE.TO's 6.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XHC.TO iShares Global Healthcare Index ETF (CAD-Hedged) | 2.20% | 2.38% | 0.84% | 0.79% | 0.93% | 1.03% | 1.63% | 1.10% | 1.58% | 2.07% | 1.00% | 1.21% |
LIFE.TO Evolve Global Healthcare Enhanced Yield Fund | 6.09% | 9.24% | 8.20% | 6.46% | 7.09% | 2,839,567.87% | 6,633,719.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XHC.TO vs. LIFE.TO - Drawdown Comparison
The maximum XHC.TO drawdown since its inception was -27.28%, which is greater than LIFE.TO's maximum drawdown of -20.04%. Use the drawdown chart below to compare losses from any high point for XHC.TO and LIFE.TO. For additional features, visit the drawdowns tool.
Volatility
XHC.TO vs. LIFE.TO - Volatility Comparison
The current volatility for iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) is 3.04%, while Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) has a volatility of 3.47%. This indicates that XHC.TO experiences smaller price fluctuations and is considered to be less risky than LIFE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.