CRIT vs. SMH
Compare and contrast key facts about Optica Rare Earths & Critical Materials ETF (CRIT) and VanEck Vectors Semiconductor ETF (SMH).
CRIT and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRIT is a passively managed fund by CRIT that tracks the performance of the EQM Rare Earths & Critical Materials Index - Benchmark TR Net. It was launched on Mar 28, 2022. 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 CRIT 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: CRIT or SMH.
Key characteristics
| CRIT | SMH | |
|---|---|---|
| YTD Return | -10.49% | 35.48% |
| 1Y Return | -9.80% | 57.43% |
| Sharpe Ratio | -0.27 | 1.72 |
| Daily Std Dev | 27.19% | 33.86% |
| Max Drawdown | -37.25% | -95.73% |
| Current Drawdown | -32.09% | -15.77% |
Correlation
The correlation between CRIT and SMH is 0.53, 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
CRIT vs. SMH - Performance Comparison
In the year-to-date period, CRIT achieves a -10.49% return, which is significantly lower than SMH's 35.48% 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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CRIT vs. SMH - Expense Ratio Comparison
CRIT has a 0.85% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
CRIT vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Optica Rare Earths & Critical Materials ETF (CRIT) 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
CRIT vs. SMH - Dividend Comparison
CRIT's dividend yield for the trailing twelve months is around 3.04%, more than SMH's 0.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRIT Optica Rare Earths & Critical Materials ETF | 3.04% | 2.72% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.44% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
CRIT vs. SMH - Drawdown Comparison
The maximum CRIT drawdown since its inception was -37.25%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for CRIT and SMH. For additional features, visit the drawdowns tool.
Volatility
CRIT vs. SMH - Volatility Comparison
The current volatility for Optica Rare Earths & Critical Materials ETF (CRIT) is 10.85%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 13.30%. This indicates that CRIT 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.