CE vs. SMH
Compare and contrast key facts about Celanese Corporation (CE) 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: CE or SMH.
Key characteristics
| CE | SMH | |
|---|---|---|
| YTD Return | -51.46% | 41.92% |
| 1Y Return | -40.75% | 54.88% |
| 3Y Return (Ann) | -22.19% | 19.80% |
| 5Y Return (Ann) | -8.12% | 32.98% |
| 10Y Return (Ann) | 4.32% | 28.72% |
| Sharpe Ratio | -1.04 | 1.60 |
| Sortino Ratio | -1.26 | 2.12 |
| Omega Ratio | 0.79 | 1.28 |
| Calmar Ratio | -0.71 | 2.22 |
| Martin Ratio | -2.26 | 6.05 |
| Ulcer Index | 17.74% | 9.08% |
| Daily Std Dev | 38.66% | 34.27% |
| Max Drawdown | -84.87% | -95.73% |
| Current Drawdown | -56.32% | -11.76% |
Correlation
The correlation between CE and SMH is 0.48, 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
CE vs. SMH - Performance Comparison
In the year-to-date period, CE achieves a -51.46% return, which is significantly lower than SMH's 41.92% return. Over the past 10 years, CE has underperformed SMH with an annualized return of 4.32%, while SMH has yielded a comparatively higher 28.72% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CE vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Celanese Corporation (CE) 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
CE vs. SMH - Dividend Comparison
CE's dividend yield for the trailing twelve months is around 3.79%, more than SMH's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CE Celanese Corporation | 3.79% | 1.80% | 2.68% | 1.62% | 1.91% | 1.95% | 2.31% | 1.62% | 1.75% | 1.71% | 1.55% | 0.95% |
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
CE vs. SMH - Drawdown Comparison
The maximum CE drawdown since its inception was -84.87%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for CE and SMH. For additional features, visit the drawdowns tool.
Volatility
CE vs. SMH - Volatility Comparison
Celanese Corporation (CE) has a higher volatility of 30.81% compared to VanEck Vectors Semiconductor ETF (SMH) at 7.72%. This indicates that CE'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.