BATT vs. SMH

Last updated Jun 4, 2026

BATT (Amplify Lithium & Battery Technology ETF) and SMH (VanEck Semiconductor ETF) are both exchange-traded funds - BATT is a Commodity Producers Equities fund actively managed by Amplify, while SMH is a Semiconductors fund tracking the MVIS US Listed Semiconductor 25 Index. BATT is actively managed, while SMH is passively managed. Over the past 5 years, BATT returned 3.45%/yr vs 39.21%/yr for SMH. A 0.60 correlation means they provide meaningful diversification when combined. BATT charges 0.59%/yr vs 0.35%/yr for SMH.

Performance

BATT vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Lithium & Battery Technology ETF (BATT) and VanEck Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BATT achieves a 26.16% return, which is significantly lower than SMH's 77.13% return.

BATT

• 1D: -1.64%
• 1M: 4.50%
• YTD: 26.16%
• 6M: 29.61%
• 1Y: 103.56%
• 3Y*: 14.36%
• 5Y*: 3.45%
• 10Y*: —

SMH

• 1D: 0.90%
• 1M: 25.87%
• YTD: 77.13%
• 6M: 75.61%
• 1Y: 157.20%
• 3Y*: 64.17%
• 5Y*: 39.21%
• 10Y*: 37.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BATT vs. SMH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BATT Amplify Lithium & Battery Technology ETF	26.16%	59.70%	-13.93%	-7.05%	-32.25%	16.52%	44.43%	-2.40%	-42.45%
SMH VanEck Semiconductor ETF	77.13%	49.17%	39.10%	73.38%	-33.53%	42.13%	55.53%	64.45%	-20.30%

Correlation

The correlation between BATT and SMH is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since Jun 7, 2018	0.60

The correlation between BATT and SMH shifts across timeframes, from 0.53 (3 years) to 0.65 (1 year), reflecting how their relationship changes across market environments.

BATT vs. SMH - Sectors Allocation Comparison

Sectors	BATT	SMH
Basic Materials	57.0%	-
Consumer Cyclical	18.9%	-
Industrials	16.9%	-
Technology	5.6%	100.0%
Communication Services	0.0%	-
Financial Services	0.0%	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

BATT vs. SMH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BATT

BATT Risk / Return Rank: 87
BATT Sharpe Ratio Rank: 92
BATT Sortino Ratio Rank: 81
BATT Omega Ratio Rank: 82
BATT Calmar Ratio Rank: 92
BATT Martin Ratio Rank: 91

SMH

SMH Risk / Return Rank: 96
SMH Sharpe Ratio Rank: 98
SMH Sortino Ratio Rank: 95
SMH Omega Ratio Rank: 95
SMH Calmar Ratio Rank: 97
SMH Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BATT vs. SMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Lithium & Battery Technology ETF (BATT) and VanEck 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.

	BATT	SMH	Difference
Sharpe ratio: Return per unit of total volatility	3.38	5.19	-1.80
Sortino ratio: Return per unit of downside risk	3.69	5.22	-1.53
Omega ratio: Gain probability vs. loss probability	1.50	1.72	-0.22
Calmar ratio: Return relative to maximum drawdown	6.12	10.59	-4.48
Martin ratio: Return relative to average drawdown	22.20	40.63	-18.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BATT vs. SMH - Sharpe Ratio Comparison

The current BATT Sharpe Ratio is 3.38, which is lower than the SMH Sharpe Ratio of 5.19. The chart below compares the historical Sharpe Ratios of BATT and SMH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BATT	SMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.38	5.19	-1.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	1.13	-1.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.34	-0.33

Drawdowns

BATT vs. SMH - Drawdown Comparison

The maximum BATT drawdown since its inception was -69.38%, smaller than the maximum SMH drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for BATT and SMH.

Drawdown Indicators

	BATT	SMH	Difference
Max Drawdown Largest peak-to-trough decline	-69.38%	-84.96%	+15.58%
Max Drawdown (1Y) Largest decline over 1 year	-17.03%	-14.93%	-2.10%
Max Drawdown (3Y) Largest decline over 3 years	-47.65%	-35.74%	-11.91%
Max Drawdown (5Y) Largest decline over 5 years	-61.98%	-45.30%	-16.68%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.30%	—
Current Drawdown Current decline from peak	-3.44%	0.00%	-3.44%
Average Drawdown Average peak-to-trough decline	-34.78%	-41.09%	+6.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.68%	3.89%	+0.79%

Volatility

BATT vs. SMH - Volatility Comparison

The current volatility for Amplify Lithium & Battery Technology ETF (BATT) is 10.29%, while VanEck Semiconductor ETF (SMH) has a volatility of 11.47%. This indicates that BATT experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BATT	SMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.29%	11.47%	-1.18%
Volatility (6M) Calculated over the trailing 6-month period	24.67%	24.29%	+0.38%
Volatility (1Y) Calculated over the trailing 1-year period	30.80%	30.56%	+0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.57%	35.01%	-5.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.60%	32.57%	-1.97%

BATT vs. SMH - Expense Ratio Comparison

BATT has a 0.59% expense ratio, which is higher than SMH's 0.35% expense ratio.

Dividends

BATT vs. SMH - Dividend Comparison

BATT's dividend yield for the trailing twelve months is around 1.47%, more than SMH's 0.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BATT Amplify Lithium & Battery Technology ETF	1.47%	1.85%	3.17%	3.23%	4.14%	2.32%	0.21%	3.22%	0.89%	0.00%	0.00%	0.00%
SMH VanEck Semiconductor ETF	0.17%	0.31%	0.44%	0.60%	1.18%	0.51%	0.69%	1.50%	1.88%	1.43%	0.80%	2.14%

Frequently Asked Questions

Can I hold both BATT and SMH in my portfolio?

BATT and SMH have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BATT or SMH?

SMH has higher volatility (11.47%) compared to BATT (10.29%). In terms of maximum drawdown, BATT dropped -69.38% vs SMH's -84.96%.

Which ETF is better, BATT or SMH?

On 5-year performance, SMH leads with 39.21% vs 3.45% for BATT. On fees, SMH is cheaper at 0.35% per year. On volatility, BATT has been the lower-risk option at 10.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BATT or SMH?

Over the 5-year period, SMH has performed better with a 39.21% return vs 3.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BATT or SMH?

SMH is cheaper with a 0.35% expense ratio, compared with 0.59% for BATT.

Which ETF pays a higher dividend yield, BATT or SMH?

BATT has the higher dividend yield at 1.47%, compared with 0.17% for SMH.

What is the main difference between BATT and SMH?

BATT is categorized as Commodity Producers Equities, while SMH is Semiconductors. They also come from different issuers: Amplify and VanEck. Their fees differ too: 0.59% for BATT and 0.35% for SMH.

Which has better risk-adjusted returns?

SMH currently has the higher Sharpe Ratio (5.19 vs 3.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.