HEAL.L - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

5/7 Elevated

5 / 7 SRI PRIIPs Risk Class

Above-average volatility. Suitable for experienced investors with high risk tolerance (5+ years horizon).

Volatility (5Y)

20.0% p.a.

5-Year Horizon

Max Drawdown (5Y)

-40.9%

Deepest Drawdown

Sharpe Ratio

-0.06

Negative (< 0.0)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

Broadly Diversified (< 35%)

31 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High risk diversification: No dependency on individual heavyweights.

Top 10 Holdings

18.2%

Low Concentration

Effective Holdings

~147

of 200 holdings

Top Sector

97.8%

Healthcare

Top Region / Country

63.1%

United States

Excellent multi-dimensional diversification across holdings, industries, and geographies.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+22.4%
3 Years	17.7%	-21.1%	0.77	+16.1%
5 Years	20.0%	-40.9%	-0.06	+1.3%
10 Years	19.9%	-46.4%	0.26	+7.6%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 26.5

🟢 Balanced position distribution (< 35% in Top 10)

🟢 Deep market liquidity & capital coverage (Tier 1)

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (15.1 analysts)

🔴 Severe sector concentration risk: 98% in "Healthcare".

⚠️ Industry concentration: 36% in "Biotechnology".

⚠️ 21% of ETF holdings are unprofitable companies (fundamental solvency & cash-burn risk).

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 57% of forward growth.

⚠️ Elevated Regulatory & Policy Risk: 98% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🟢 Strong Defensive Buffer: 62% in crisis-resilient, non-cyclical sectors (consumer staples, healthcare, utilities).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -46.4% in the extended horizon.