THW vs PCQ

Comparison between abrdn World Healthcare Fund (THW, ETF) and Pimco California Municipal Income Fund (PCQ, ETF).

5-Year PerformanceTHW has outperformed PCQ, delivering a return of +6.1% compared to -10.5%

THW vs PCQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	THW(ETF)	PCQ(ETF)
Net Assets	$567M	$566M
Max Drawdown	55.65%	60.60%
Sharpe Ratio	1.69	0.53
5Y Beta	0.51	0.14
5Y Dividends CAGR	1.61%	-11.37%

Net Assets

Winner

THW

$567M

PCQ

$566M

Max Drawdown

Winner

THW

55.65%

PCQ

60.60%

Sharpe Ratio

Winner

THW

1.69

PCQ

0.53

5Y Beta

THW

0.51

Winner

PCQ

0.14

5Y Dividends CAGR

Winner

THW

1.61%

PCQ

-11.37%

THW vs PCQ - Historical Returns

Returns include dividend reinvestment.

Period	THW	PCQ
1 month	+4.40%	-2.77%
3 months	+10.24%	-0.97%
6 months	+7.86%	-0.33%
1 year	+39.27%	+7.93%
5 years(CAGR)	+6.06%	-10.49%
10 years(CAGR)	+9.66%	-2.00%
Max(CAGR)	+6.58%	+3.64%

Winner

THW

+4.40%

PCQ

-2.77%

Winner

THW

+10.24%

PCQ

-0.97%

Winner

THW

+7.86%

PCQ

-0.33%

Winner

THW

+39.27%

PCQ

+7.93%

5Y(CAGR)

Winner

THW

+6.06%

PCQ

-10.49%

10Y(CAGR)

Winner

THW

+9.66%

PCQ

-2.00%

Max(CAGR)

Winner

THW

+6.58%

PCQ

+3.64%

THW vs PCQ - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	THW	PCQ
2026	+10.39%	+0.88%
2025	+30.03%	+0.17%
2024	+3.57%	+1.28%
2023	-11.22%	-36.42%
2022	-0.27%	-15.26%
2021	+12.44%	+7.87%
2020	+25.49%	-6.19%
2019	+29.17%	+26.15%
2018	-6.51%	-1.10%
2017	+12.15%	+16.44%
2016	-9.67%	+5.62%
2015	-17.95%	+6.94%
2014	N/A	+26.59%
2013	N/A	-14.10%
2012	N/A	+25.62%
2011	N/A	+18.97%
2010	N/A	+6.14%
2009	N/A	+45.10%
2008	N/A	-41.29%
2007	N/A	-3.73%
2006	N/A	+16.83%
2005	N/A	+24.28%
2004	N/A	+8.38%
2003	N/A	+0.07%
2002	N/A	+2.59%
2001	N/A	+0.78%

THW vs PCQ Drawdown Comparison

The maximum drawdown for THW was -37.37%, occurring on Mar 23, 2020. Recovery took 49 trading sessions.

The maximum drawdown for PCQ was -56.28%, occurring on Dec 16, 2008. Recovery took 839 trading sessions.

The current THW drawdown is -4.16%. The current PCQ drawdown is -46.18%.

Rank	THW	PCQ
#1	-37.37% Feb 14, 2020 - Apr 27, 2020	-56.28% May 11, 2007 - Sep 9, 2010
#2	-36.36% Jul 13, 2015 - Jul 17, 2019	-54.86% Nov 12, 2021 - Oct 6, 2023
#3	-31.47% Dec 14, 2022 - Aug 1, 2024	-37.82% Dec 9, 2019 - Jul 15, 2021
#4	-20.05% Oct 4, 2024 - Sep 3, 2025	-22.43% Jan 23, 2013 - Nov 20, 2014
#5	-19.22% Sep 2, 2021 - Dec 13, 2022	-17.69% Oct 15, 2010 - Sep 29, 2011
#6	-17.23% Jan 20, 2021 - Aug 17, 2021	-17.09% Dec 11, 2017 - Jul 9, 2018
#7	-11.26% Dec 26, 2025 - Apr 15, 2026	-14.13% Aug 13, 2018 - Jan 28, 2019
#8	-9.09% Oct 30, 2025 - Nov 26, 2025	-13.13% Sep 8, 2016 - May 8, 2017
#9	-8.22% Aug 18, 2020 - Nov 5, 2020	-12.06% Jun 13, 2003 - Apr 1, 2004
#10	-6.23% Jun 5, 2020 - Jul 15, 2020	-11.35% Feb 2, 2015 - Oct 20, 2015
#11	-5.66% May 28, 2026 - Jun 25, 2026	-10.17% Jul 11, 2012 - Nov 28, 2012
#12	-5.34% Apr 17, 2026 - Apr 30, 2026	-9.02% Jan 30, 2012 - Apr 24, 2012
#13	-4.52% Aug 1, 2024 - Aug 23, 2024	-8.76% Apr 1, 2004 - Aug 6, 2004
#14	-4.50% Jul 2, 2026 - Jul 14, 2026	-8.05% Sep 13, 2002 - May 22, 2003
#15	-4.31% Nov 26, 2025 - Dec 23, 2025	-7.19% Aug 16, 2001 - Aug 6, 2002

Correlation

Correlation between THW and PCQ is -0.17 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.17

-101

Dividend Comparison (2001 - 2026)

THW vs PCQ dividend yield comparison.

Year	THW	PCQ
2026	6.24%	2.94%
2025	10.96%	4.95%
2024	12.72%	4.78%
2023	12.00%	4.64%
2022	9.56%	5.29%
2021	8.60%	4.20%
2020	8.85%	4.39%
2019	10.11%	4.65%
2018	12.08%	5.72%
2017	10.29%	5.35%
2016	10.91%	5.89%
2015	3.69%	5.89%
2014	0.00%	5.90%
2013	0.00%	7.10%
2012	0.00%	5.80%
2011	0.00%	6.87%
2010	0.00%	7.45%
2009	0.00%	7.46%
2008	0.00%	10.68%
2007	0.00%	5.95%
2006	0.00%	5.25%
2005	0.00%	5.83%
2004	0.00%	6.83%
2003	0.00%	6.90%
2002	0.00%	6.45%
2001	0.00%	2.53%