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FHLC vs BMED

Fidelity MSCI Health Care Index ETF vs iShares Health Innovation Active ETF

FHLC

Fidelity MSCI Health Care Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$2.9B

BMED

iShares Health Innovation Active ETF

BlackRock

Annual cost

0.55%

Fund size

$10M

Key differences

  • FHLC costs 0.47% less per year.
  • FHLC is significantly larger than BMED — larger funds tend to be more liquid and less likely to close.
  • FHLC follows a index tracking strategy; BMED uses active selection.
  • Over the last 3 years, FHLC has delivered higher annualized returns.
  • FHLC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FHLCBMED
Annual cost (TER)0.08%0.55%
Fund size (AUM)$2.9B$10M
Since20132020
Dividend yield1.44%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+18.3%+18.7%
CAGR 3Y+6.3%+4.8%
CAGR 5Y+4.6%+0.1%
Sharpe 3Y0.260.16
Volatility 1Y14.22%14.93%
Max drawdown-28.76%-36.44%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FHLC and BMED