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HVAC vs TMED

AdvisorShares HVAC and Industrials ETF

HVACFNYSE Arca

T. Rowe Price Health Care ETF

TMEDBNasdaq

Overlap

Expense ratio

TMED −0.55pt a year

HVAC0.99%TMED0.44%

Avg volume · 30D

HVAC 1.1×the volume

HVAC7.8KTMED7.43K

HVAC vs TMED Performance

Oct 31, 2025 – Oct 30, 2026

−7.8%HVAC+20.6%TMED

Oct 31, 2025 to Oct 30, 2026. HVAC −7.8%. TMED +20.6%. Use the arrow keys to read each point.0%10%30%Oct 2025Apr 2026Oct 2026
Expense ratio
HVAC 0.99%
TMED 0.44%, better
Fund size
HVAC $11M
TMED $34M
1Y total return
HVAC −7.8%
TMED +20.6%, better
Holdings
HVAC 25
TMED 112
Avg volume (30D)
HVAC 7.8K sh, better
TMED 7.43K sh
NAV per share
HVAC $30.53
TMED $34.31
52W range

ETF.net Grade

HVAC: Cost 9, Risk 9, Mission 27, Tradability 45, Holdings 64, Durability 23. TMED: Cost 82, Risk 55, Mission not scored, Tradability 59, Holdings 91, Durability 35.
Pillar letters and Scores for HVAC, TMED, with each pillar’s weight
PillarHVACTMED
Cost30% weightF9A82Higher
Mission25% weightD27Not scored
Risk15% weightF9B55Higher
Tradability15% weightC45B59Higher
Holdings10% weightB64A91Higher
Durability5% weightF23D35Higher

Rank among US Active Sector funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. HVAC and TMED are both graded against the same 35 US Active Sector funds, so their Grades compare head to head.

US Active Sector⁠

Category · 35 funds
See all 35 ›

TMED ranks 2nd and HVAC 34th of 35 funds in the US Active Sector Category.

  1. Rank 1AAVREAvantis Real Estate ETFScore 77
  2. Rank 2APSRInvesco Active U.S. Real Estate ETFScore 70
  3. Rank 2BTMEDT. Rowe Price Health Care ETFScore 70
  4. Rank 4ATRUTVanEck Technology TruSector ETFScore 69
  5. Rank 34FGABFGabelli Financial Services Opportunities ETFScore 24
  6. Rank 34FHVACAdvisorShares HVAC and Industrials ETFScore 24

Our read on each fund

ETF.net Research

HVACFAdvisorShares HVAC and Industrials ETF

TMEDBT. Rowe Price Health Care ETF

In short

HVAC Air conditioners, furnaces, heat pumps. HVAC is the rare fund built around the machines that keep buildings livable, plus the industrials around them: actively managed, roughly two dozen US-listed names, launched in 2025.

TMED No data

Stated mandate

HVAC The Fund seeks long-term capital appreciation. It is actively managed and invests in U.S.-traded common stocks and ADRs across HVAC-related businesses and industrial-sector companies.

TMED No data

Why people hold it

  • HVAC A genuinely unusual mandate: US-listed HVAC makers, suppliers and distributors alongside broader industrial companies, in a compact book of roughly 27 stocks and ADRs.
  • Actively managed, so the manager can move across equipment, components and distribution names rather than track a fixed thematic index.
  • The prospectus objective is plain: long-term capital appreciation from US HVAC-related and industrial businesses. You know exactly what you own.

TMED No data

Worth knowing

  • HVAC The fee is the headline trade-off. It sits far above what active US equity ETFs such as DFAU or AVLC charge, and the portfolio has to clear that cost every year.
  • A small asset base and light trading mean wider bid-ask spreads than mainstream funds, so the price you pay can drift from the fund's underlying value.
  • Around two dozen names in one slice of industrials: individual stocks and the building cycle swing this portfolio hard, and the record only starts in 2025.

TMED No data

Full HVAC profile⁠

Full TMED profile⁠

HVAC vs TMED Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

HVAC vs TMED Cost

Overpaying HVAC vs TMED

$9,673

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • HVAC 0.99%

    $18,525

  • TMED 0.44%

    $8,852

$10,000
30 years

Cost over time

  • HVAC 0.99%
  • TMED 0.44%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530HVAC $18,525TMED $8,852

Year by year

YearHVACTMEDOverpaying
10$1,746$794$952
20$6,565$3,061$3,504
30$18,525$8,852$9,673

Expense ratio

  • 0.99%HVAC
  • 0.44%TMED, cheaper
  • Middle half of US Active Sector funds
  • Median 0.61%

TMED 7th cheapest of 35 funds

HVAC 31st cheapest of 35 funds

HVAC vs TMED Dividends

Last 12 months to Oct 30, 2026
Last payment
HVAC $0.06
TMED $0.16
Ex-dividend
HVAC Dec 22, 2025
TMED Dec 23, 2025
Paid on
HVAC Dec 29, 2025
TMED Dec 26, 2025
Frequency
HVAC Irregular
TMED Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

HVACIrregular · 1 paymentAll HVAC payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 22, 2025 $0.06. Use the arrow keys to read each point.$0$0.102026YTD
TMEDIrregular · 1 paymentAll TMED payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.16. Use the arrow keys to read each point.$0$0.102026YTD

HVAC vs TMED Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HVAC 29.4%since Mar 2025TMED 14.7%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
HVAC 0.56since Mar 2025TMED 1.50since Jul 2025
Worst fallMax drawdown, 5 years
HVAC −30.7%since Feb 2025TMED −11.1%since Jun 2025
Market sensitivityBeta, 5 years
HVAC 1.27TMED 0.46

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