HQL vs IAT

Comparison between abrdn Life Sciences Investors (HQL, ETF) and ISHARES U.S. REGIONAL BANKS ETF (IAT, ETF).

5-Year PerformanceHQL has outperformed IAT, delivering a return of +7.1% compared to +3.8%

HQL vs IAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HQL(ETF)	IAT(ETF)
Net Assets	$604M	$603M
Expense Ratio	N/A	0.38%
Max Drawdown	84.10%	78.80%
Sharpe Ratio	1.76	1.23
5Y Beta	0.72	1.01
P/E Ratio	N/A	12.75
Forward P/E	N/A	11.62
PEG Ratio	N/A	0.40
5Y Dividends CAGR	9.07%	7.63%
5Y EPS CAGR	N/A	6.81%
Debt to Equity	N/A	54.03%
P/S Ratio	N/A	3.74
P/B Ratio	N/A	1.31

Net Assets

Winner

HQL

$604M

IAT

$603M

Expense Ratio

HQL

N/A

IAT

0.38%

Max Drawdown

HQL

84.10%

Winner

IAT

78.80%

Sharpe Ratio

Winner

HQL

1.76

IAT

1.23

5Y Beta

Winner

HQL

0.72

IAT

1.01

P/E Ratio

HQL

N/A

IAT

12.75

Forward P/E

HQL

N/A

IAT

11.62

PEG Ratio

HQL

N/A

IAT

0.40

5Y Dividends CAGR

Winner

HQL

9.07%

IAT

7.63%

5Y EPS CAGR

HQL

N/A

IAT

6.81%

Debt to Equity

HQL

N/A

IAT

54.03%

P/S Ratio

HQL

N/A

IAT

3.74

P/B Ratio

HQL

N/A

IAT

1.31

HQL vs IAT - Historical Returns

Returns include dividend reinvestment.

Period	HQL	IAT
1 month	-3.25%	+8.84%
3 months	+5.30%	+17.84%
6 months	+5.52%	+10.92%
1 year	+47.84%	+33.43%
5 years(CAGR)	+7.12%	+3.80%
10 years(CAGR)	+9.67%	+9.19%
Max(CAGR)	+10.81%	+3.58%

HQL

-3.25%

Winner

IAT

+8.84%

HQL

+5.30%

Winner

IAT

+17.84%

HQL

+5.52%

Winner

IAT

+10.92%

Winner

HQL

+47.84%

IAT

+33.43%

5Y(CAGR)

Winner

HQL

+7.12%

IAT

+3.80%

10Y(CAGR)

Winner

HQL

+9.67%

IAT

+9.19%

Max(CAGR)

Winner

HQL

+10.81%

IAT

+3.58%

HQL vs IAT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HQL	IAT
2026	+7.85%	+10.60%
2025	+44.05%	+13.83%
2024	+8.82%	+23.07%
2023	+3.56%	-8.57%
2022	-19.50%	-22.25%
2021	+7.51%	+39.74%
2020	+24.15%	-7.86%
2019	+22.34%	+29.03%
2018	-16.96%	-17.78%
2017	+23.41%	+10.25%
2016	-17.36%	+35.82%
2015	+5.15%	+2.41%
2014	+32.12%	+8.94%
2013	+45.86%	+33.18%
2012	+35.62%	+15.22%
2011	+19.57%	-13.91%
2010	+19.26%	+18.93%
2009	+8.27%	-11.04%
2008	-27.57%	-31.81%
2007	+7.75%	-25.73%
2006	-6.90%	+6.02%
2005	+11.70%	N/A
2004	+8.55%	N/A
2003	+38.11%	N/A
2002	-35.94%	N/A
2001	+17.75%	N/A
2000	+21.69%	N/A
1999	+36.71%	N/A

HQL vs IAT Drawdown Comparison

The maximum drawdown for HQL was -62.49%, occurring on Oct 9, 2002. Recovery took 2992 trading sessions.

The maximum drawdown for IAT was -77.21%, occurring on Mar 6, 2009. Recovery took 2465 trading sessions.

The current HQL drawdown is -5.10%. The current IAT drawdown is -1.74%.

Rank	HQL	IAT
#1	-62.49% Feb 18, 2000 - Jan 11, 2012	-77.21% Feb 20, 2007 - Dec 1, 2016
#2	-45.19% Jul 23, 2015 - Nov 27, 2020	-55.53% Jan 14, 2022 - Feb 4, 2026
#3	-38.82% Sep 7, 2021 - Sep 26, 2025	-52.03% Mar 9, 2018 - Jan 12, 2021
#4	-18.54% Feb 27, 2014 - Oct 28, 2014	-17.49% Feb 6, 2026 - Mar 13, 2026
#5	-16.72% May 15, 2013 - Jul 26, 2013	-13.86% May 17, 2021 - Oct 5, 2021
#6	-13.80% Oct 8, 2012 - Dec 11, 2012	-13.59% Mar 1, 2017 - Nov 29, 2017
#7	-11.50% Feb 19, 2021 - Jun 29, 2021	-10.68% Oct 22, 2021 - Jan 6, 2022
#8	-10.25% Oct 31, 2025 - Nov 24, 2025	-9.71% Jan 14, 2021 - Feb 9, 2021
#9	-10.01% Aug 2, 2013 - Sep 11, 2013	-7.34% Feb 1, 2018 - Mar 7, 2018
#10	-9.85% Jan 27, 2000 - Feb 7, 2000	-7.19% Mar 12, 2021 - Apr 27, 2021
#11	-9.07% Mar 20, 2015 - Jun 22, 2015	-5.42% Feb 24, 2021 - Mar 8, 2021
#12	-8.92% Nov 8, 1999 - Dec 21, 1999	-5.30% May 8, 2006 - Sep 20, 2006
#13	-8.61% Dec 18, 2014 - Jan 13, 2015	-4.22% Jan 4, 2017 - Jan 25, 2017
#14	-8.18% Sep 11, 2013 - Nov 25, 2013	-3.93% May 7, 2021 - May 14, 2021
#15	-8.13% Dec 12, 2014 - Dec 18, 2014	-2.99% Dec 27, 2006 - Feb 7, 2007

Correlation

Correlation between HQL and IAT is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2000 - 2026)

HQL vs IAT dividend yield comparison.

Year	HQL	IAT
2026	6.61%	0.42%
2025	10.85%	2.94%
2024	14.18%	2.95%
2023	9.44%	3.56%
2022	9.57%	3.12%
2021	8.79%	1.88%
2020	7.90%	2.87%
2019	8.03%	2.49%
2018	10.72%	2.48%
2017	8.25%	1.55%
2016	12.18%	1.52%
2015	11.84%	1.78%
2014	7.11%	1.68%
2013	6.80%	1.56%
2012	8.00%	1.96%
2011	12.38%	1.95%
2010	4.83%	1.11%
2009	4.45%	2.03%
2008	12.73%	5.21%
2007	8.83%	3.41%
2006	9.22%	2.30%
2005	13.15%	0.00%
2004	8.57%	0.00%
2003	7.99%	0.00%
2002	18.33%	0.00%
2001	14.60%	0.00%
2000	14.25%	0.00%