CNEQ vs. SMH

In the year-to-date period, CNEQ achieves a -4.27% return, which is significantly higher than SMH's -7.75% return.

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CNEQ has a 0.55% expense ratio, which is higher than SMH's 0.35% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Alger Concentrated Equity ETF (CNEQ) 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.

The current CNEQ Sharpe Ratio is 0.77, which is higher than the SMH Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of CNEQ and SMH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

CNEQ's dividend yield for the trailing twelve months is around 0.17%, less than SMH's 0.48% yield.

The maximum CNEQ drawdown since its inception was -27.58%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for CNEQ and SMH. For additional features, visit the drawdowns tool.

The current volatility for Alger Concentrated Equity ETF (CNEQ) is 9.62%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 12.29%. This indicates that CNEQ 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.