Data as of Oct 28, 2026.

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FHLC vs IYH: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FHLC returned +25.4% to IYH's +25.3%; 86% of their weight is in the same names.

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Net assets: $3.5bn on Sep 30, 2026 for Fidelity MSCI Health Care Index ETF, and $4.5bn on Oct 28, 2026 for iShares U.S. Healthcare ETF.

At a glance
+25.4%
FHLC total return, 1 year
+25.3%
IYH total return, 1 year
0.08%
FHLC expense ratio
0.37%
IYH expense ratio

Pair scorecard

FHLC costs 0.29 points a year less; their one-year returns differ by 0.1 points; IYH is 1.1 times larger.

FHLC vs IYH: Differences, Returns & Fees
MeasureFHLCIYH
Return
Total return, 1 year+25.4%+25.3%
Benchmark
What it tracksMSCI USA IMI Health Care 25/50 IndexRussell 1000 Health Care RIC 22
Cost and size
Expense ratio0.08%0.37%
Net assets, as of Sep 30, 2026$3.5bn$4.0bn
Holdings
Holdings in common86%
Top ten holdings, share of the fund51.9%58.9%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

Risk and return

Nov 1, 2013 to Oct 23, 2026 · 677 weekly returns
FHLC IYH
Return
Total return edge FHLC (slight) +309.3% +301.7%
Annualized edge Tie +11.4% +11.3%
Price return edge Tie +240.0% +238.5%
Risk
Volatility edge Tie 16.6% 16.5%
Max drawdown edge Tie −25.2% −24.7%
Risk-adjusted
Sharpe edge Tie 0.62 0.61
Sortino edge Tie 0.89 0.88
Calmar edge Tie 0.45 0.46
Reading

FHLC returned slightly more: +309.3% to +301.7%. FHLC and IYH swung about the same: 16.6% and 16.5%. FHLC and IYH fell about the same at their worst: −25.2% and −24.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: FHLC vs IYH: Differences, Returns & Fees
MeasureFHLCIYHEdgeHow it is measured
Return
Total return+309.3%+301.7%FHLC (slight)Price change plus distributions, reinvested.
Annualized+11.4%+11.3%TieTotal return as a yearly rate.
Price return+240.0%+238.5%TiePrice change alone, distributions left out.
Risk
Volatility16.6%16.5%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.5%11.4%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−25.2%−24.7%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.620.61TieReturn above Treasury bills per unit of volatility.
Sortino0.890.88TieReturn above Treasury bills per unit of downside deviation.
Calmar0.450.46TieAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 677 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

86%

By the books each fund has filed, FHLC and IYH hold 86% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

86% in common

Positions both hold · largest shared weight first FHLC IYH
Eli Lilly & Co 13.35% 15.29%
Johnson & Johnson 8.93% 9.67%
AbbVie Inc 6.42% 7.57%
UnitedHealth Group Inc 5.44% 5.54%
Merck & Co Inc 4.66% 5.24%
Thermo Fisher Scientific Inc 3.09% 3.85%
Amgen Inc 3.00% 3.61%
Abbott Laboratories 2.66% 2.67%
Gilead Sciences Inc 2.34% 2.95%
Pfizer Inc 2.06% 2.53%
Bristol-Myers Squibb Co 1.93% 1.88%
Intuitive Surgical Inc 1.81% 2.35%
Only in one fund ↓
Only in FHLC
CVS Health Corp 1.92%
McKesson Corp 1.52%
Cencora Inc 0.83%
Cardinal Health Inc 0.78%
Mettler-Toledo International Inc 0.42%
Cooper Cos Inc 0.20%
Charles River Laboratories International Inc 0.17%
Glaukos Corp 0.13%
Only in IYH
CHARLES RIVER LABORATORIES INTERNA 0.26%
ASCENDIS PHARMA 0.20%
COOPER 0.17%
QIAGEN 0.15%
CARIS LIFE SCIENCES 0.06%
SUMMIT THERAPEUTICS 0.03%
E-MINI HEALTH CARE SECTOR DEC 26 0.00%
HOLOGIC INC 0.00%
Check overlap with more funds →

Side by side

FHLC Fidelity MSCI Health Care Index ETF IYH iShares U.S. Healthcare ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +25.4% +25.3%
Its benchmark over the same days +25.0% (VHT) not measured
Gap to its benchmark +0.4 pts vs VHT not measured
Expense ratio 0.08% 0.37%
Already in the S&P 500 85.1% 90.3%
Holdings 334 101
Net assets, FHLC as of Sep 30, 2026 and IYH as of Oct 28, 2026 $3.5bn $4.5bn

FHLC and IYH on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-30BF5B5CEA

FHLC and IYH are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. FHLC follows MSCI USA IMI Health Care 25/50 Index and IYH follows Russell 1000 Health Care RIC 22.
  2. Number of holdings. FHLC holds 334 positions and IYH holds 101.
  3. Cost. FHLC charges 0.08% of assets a year and IYH 0.37%, a gap of 0.29 points.

Data as of Oct 28, 2026.

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About each fund
FHLC

FHLC tracks an index. Over the year to Oct 28, 2026 it returned +25.4% with distributions reinvested, against +25.0% for its benchmark, the MSCI USA IMI Health Care 25/50 Index. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jul 31, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 334 positions, with the top ten at 51.9%.

IYH

IYH tracks an index. Over the year to Oct 28, 2026 it returned +25.3% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 58.9%.

Questions people ask

Which returned more over the last year, FHLC or IYH?
In the year to Oct 28, 2026, with distributions reinvested, FHLC returned +25.4% and IYH +25.3%.
Which is cheaper, FHLC or IYH?
FHLC is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FHLC and IYH overlap with the S&P 500?
By their latest filed holdings, 85% of FHLC and 90% of IYH by weight is stocks the S&P 500 already holds.
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ETFIQ, FHLC against IYH, data as of Oct 28, 2026. https://etfiq.com/compare/any/fhlc-vs-iyh

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