AVRO vs. SMH
Compare and contrast key facts about AVROBIO, Inc. (AVRO) and VanEck Vectors Semiconductor ETF (SMH).
SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVRO or SMH.
Key characteristics
AVRO | SMH | |
---|---|---|
YTD Return | 2.21% | 32.78% |
1Y Return | 140.48% | 80.39% |
3Y Return (Ann) | -46.94% | 27.97% |
5Y Return (Ann) | -40.06% | 37.70% |
Sharpe Ratio | 1.12 | 2.98 |
Daily Std Dev | 105.19% | 28.60% |
Max Drawdown | -98.90% | -95.73% |
Current Drawdown | -97.36% | -0.84% |
Correlation
The correlation between AVRO and SMH is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AVRO vs. SMH - Performance Comparison
In the year-to-date period, AVRO achieves a 2.21% return, which is significantly lower than SMH's 32.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AVRO vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AVROBIO, Inc. (AVRO) and VanEck Vectors Semiconductor ETF (SMH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AVRO vs. SMH - Dividend Comparison
AVRO has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.45%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AVROBIO, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VanEck Vectors Semiconductor ETF | 0.45% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
AVRO vs. SMH - Drawdown Comparison
The maximum AVRO drawdown since its inception was -98.90%, roughly equal to the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for AVRO and SMH. For additional features, visit the drawdowns tool.
Volatility
AVRO vs. SMH - Volatility Comparison
AVROBIO, Inc. (AVRO) has a higher volatility of 13.61% compared to VanEck Vectors Semiconductor ETF (SMH) at 9.43%. This indicates that AVRO's price experiences larger fluctuations and is considered to be riskier than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.