BCHN.L vs. SMH
Compare and contrast key facts about Invesco Elwood Global Blockchain Ucits ETF (BCHN.L) and VanEck Vectors Semiconductor ETF (SMH).
BCHN.L and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BCHN.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 8, 2019. 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. Both BCHN.L and SMH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCHN.L or SMH.
Correlation
The correlation between BCHN.L and SMH is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BCHN.L vs. SMH - Performance Comparison
Key characteristics
BCHN.L:
-0.02
SMH:
-0.01
BCHN.L:
0.28
SMH:
0.24
BCHN.L:
1.03
SMH:
1.03
BCHN.L:
-0.02
SMH:
-0.01
BCHN.L:
-0.05
SMH:
-0.02
BCHN.L:
12.69%
SMH:
11.54%
BCHN.L:
42.90%
SMH:
36.50%
BCHN.L:
-61.69%
SMH:
-83.29%
BCHN.L:
-32.43%
SMH:
-21.60%
Returns By Period
In the year-to-date period, BCHN.L achieves a -11.64% return, which is significantly lower than SMH's -9.34% return.
BCHN.L
-11.64%
-17.92%
9.52%
-5.01%
21.39%
N/A
SMH
-9.34%
-12.13%
-5.72%
-1.31%
30.81%
24.17%
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BCHN.L vs. SMH - Expense Ratio Comparison
BCHN.L has a 0.65% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
BCHN.L vs. SMH — Risk-Adjusted Performance Rank
BCHN.L
SMH
BCHN.L vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Elwood Global Blockchain Ucits ETF (BCHN.L) 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
BCHN.L vs. SMH - Dividend Comparison
BCHN.L has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.49%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCHN.L Invesco Elwood Global Blockchain Ucits ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.49% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
BCHN.L vs. SMH - Drawdown Comparison
The maximum BCHN.L drawdown since its inception was -61.69%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for BCHN.L and SMH. For additional features, visit the drawdowns tool.
Volatility
BCHN.L vs. SMH - Volatility Comparison
Invesco Elwood Global Blockchain Ucits ETF (BCHN.L) has a higher volatility of 15.58% compared to VanEck Vectors Semiconductor ETF (SMH) at 12.35%. This indicates that BCHN.L'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.