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VanEck Semiconductor UCITS ETF (SMGB.L) Sharpe Ratio: 5.98

ETF · Currency in GBP · Last updated Jun 3, 2026

VanEck Semiconductor UCITS ETF seeks to track the MVIS US Listed Semiconductor 10% Capped ESG Index, providing exposure to companies active in the semiconductor industry that are listed in the US and filtered according to ESG criteria.

SMGB.L's Sharpe Ratio of 5.98 indicates that for each unit of volatility, it generates 5.98 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

SMGB.L Sharpe Ratio Rank

SMGB.L Sharpe Ratio Rank: 98.398
Exceptional

SMGB.L ranks above 98.3% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

SMGB.L Sharpe Ratio Market Positioning

The chart shows SMGB.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.91 or lower
  • Yellow zone (middle 50%): 0.91 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 7.79+
  • Median: 1.76 — half of all investments score higher

How it compares to other similar ETFs

The table compares VanEck Semiconductor UCITS ETF's Sharpe Ratio with other ETFs in the Semiconductors, Technology Equities category across multiple time periods, showing how SMGB.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
SOXL.LLeverage Shares 4x Long Semiconductors ETP Securities19.73
SMH3.LLeverage Shares 3x Long Semiconductors ETP Securities11.14
HNSS.LHSBC Nasdaq Global Semiconductor UCITS ETF6.59
HNSC.LHSBC Nasdaq Global Semiconductor UCITS ETF USD6.24
3TSM.LLeverage Shares 3x Long Taiwan Semiconductor (TSM) ETP Securities5.99
SMGB.LVanEck Semiconductor UCITS ETF5.98
DRVG.LGlobal X Autonomous & Electric Vehicles UCITS ETF USD Distributing4.38
INTL.LWisdomTree Artificial Intelligence UCITS ETF - USD Acc4.03
DRVE.LGlobal X Autonomous & Electric Vehicles UCITS ETF USD Accumulating4.02
VPNG.LGlobal X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating4.00

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows SMGB.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SMGB.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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