FHLC vs TBLL

Comparison between FIDELITY MSCI HEALTH CARE INDEX ETF (FHLC, ETF) and INVESCO SHORT TERM TREASURY ETF (TBLL, ETF).

5-Year PerformanceFHLC has outperformed TBLL, delivering a return of +4.7% compared to +3.3%

FHLC vs TBLL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FHLC(ETF)	TBLL(ETF)
Net Assets	$2.90B	$2.90B
Expense Ratio	0.08%	0.08%
Max Drawdown	29.21%	1.30%
Sharpe Ratio	0.84	1.42
5Y Beta	0.52	-0.00
P/E Ratio	36.93	N/A
Forward P/E	17.85	N/A
5Y Dividends CAGR	4.05%	69.64%
5Y EPS CAGR	11.92%	N/A
Debt to Equity	44.26%	N/A
P/S Ratio	1.61	N/A
P/B Ratio	4.57	N/A

Net Assets

FHLC

$2.90B

TBLL

$2.90B

Expense Ratio

FHLC

0.08%

TBLL

0.08%

Max Drawdown

FHLC

29.21%

Winner

TBLL

1.30%

Sharpe Ratio

FHLC

0.84

Winner

TBLL

1.42

5Y Beta

FHLC

0.52

Winner

TBLL

-0.00

P/E Ratio

FHLC

36.93

TBLL

N/A

Forward P/E

FHLC

17.85

TBLL

N/A

5Y Dividends CAGR

FHLC

4.05%

Winner

TBLL

69.64%

5Y EPS CAGR

FHLC

11.92%

TBLL

N/A

Debt to Equity

FHLC

44.26%

TBLL

N/A

P/S Ratio

FHLC

1.61

TBLL

N/A

P/B Ratio

FHLC

4.57

TBLL

N/A

FHLC vs TBLL - Historical Returns

Returns include dividend reinvestment.

Period	FHLC	TBLL
1 month	+1.93%	+0.26%
3 months	-5.11%	+0.86%
6 months	-3.73%	+1.77%
1 year	+15.28%	+3.92%
5 years(CAGR)	+4.69%	+3.34%
10 years(CAGR)	+9.30%	+2.38%
Max(CAGR)	+10.18%	+2.38%

Winner

FHLC

+1.93%

TBLL

+0.26%

FHLC

-5.11%

Winner

TBLL

+0.86%

FHLC

-3.73%

Winner

TBLL

+1.77%

Winner

FHLC

+15.28%

TBLL

+3.92%

5Y(CAGR)

Winner

FHLC

+4.69%

TBLL

+3.34%

10Y(CAGR)

Winner

FHLC

+9.30%

TBLL

+2.38%

Max(CAGR)

Winner

FHLC

+10.18%

TBLL

+2.38%

FHLC vs TBLL - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FHLC	TBLL
2026	-3.84%	+1.38%
2025	+15.26%	+4.21%
2024	+0.95%	+5.11%
2023	+2.95%	+4.98%
2022	-4.85%	+1.12%
2021	+21.15%	-0.02%
2020	+18.06%	+0.87%
2019	+23.48%	+2.16%
2018	+3.45%	+1.83%
2017	+21.82%	+0.62%
2016	-1.38%	N/A
2015	+6.81%	N/A
2014	+25.83%	N/A
2013	+5.79%	N/A

FHLC vs TBLL Drawdown Comparison

The maximum drawdown for FHLC was -28.74%, occurring on Mar 23, 2020. Recovery took 70 trading sessions.

The maximum drawdown for TBLL was -0.63%, occurring on Feb 14, 2022. Recovery took 631 trading sessions.

The current FHLC drawdown is -6.55%.

Rank	FHLC	TBLL
#1	-28.74% Feb 19, 2020 - May 29, 2020	-0.63% May 11, 2020 - Nov 9, 2022
#2	-20.41% Jul 20, 2015 - Jun 1, 2017	-0.52% Mar 18, 2020 - May 11, 2020
#3	-17.73% Dec 30, 2021 - Feb 5, 2024	-0.36% Sep 28, 2023 - Oct 20, 2023
#4	-17.02% Oct 1, 2018 - Nov 15, 2019	-0.18% Dec 19, 2023 - Dec 21, 2023
#5	-16.87% Sep 16, 2024 - Nov 12, 2025	-0.17% Apr 1, 2019 - Apr 4, 2019
#6	-12.08% Jan 26, 2018 - Aug 2, 2018	-0.16% Sep 24, 2018 - Oct 22, 2018
#7	-10.38% Jan 7, 2026 - Mar 27, 2026	-0.15% Dec 19, 2019 - Jan 23, 2020
#8	-8.26% Mar 4, 2014 - Jun 20, 2014	-0.14% Mar 13, 2020 - Mar 18, 2020
#9	-7.98% Sep 2, 2021 - Dec 23, 2021	-0.11% Dec 4, 2018 - Dec 7, 2018
#10	-7.87% Feb 12, 2021 - Apr 15, 2021	-0.10% Nov 10, 2022 - Nov 14, 2022
#11	-7.17% Sep 24, 2014 - Oct 24, 2014	-0.10% Nov 13, 2017 - Nov 28, 2017
#12	-6.65% Mar 28, 2024 - Jul 11, 2024	-0.10% Aug 17, 2018 - Aug 22, 2018
#13	-6.62% Jun 8, 2020 - Jul 14, 2020	-0.09% Nov 6, 2023 - Nov 9, 2023
#14	-6.58% Oct 12, 2020 - Nov 4, 2020	-0.08% Dec 15, 2023 - Dec 19, 2023
#15	-6.29% Sep 2, 2020 - Oct 8, 2020	-0.08% Jul 11, 2024 - Jul 15, 2024

Correlation

Correlation between FHLC and TBLL is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2013 - 2026)

FHLC vs TBLL dividend yield comparison.

Year	FHLC	TBLL
2026	0.32%	1.45%
2025	1.40%	4.08%
2024	1.51%	4.99%
2023	1.40%	4.63%
2022	1.30%	1.37%
2021	1.16%	0.03%
2020	1.45%	0.80%
2019	1.18%	2.08%
2018	1.38%	1.69%
2017	1.38%	0.71%
2016	1.40%	0.00%
2015	2.07%	0.00%
2014	1.03%	0.00%
2013	0.20%	0.00%