DAGB.L vs. SMH
Compare and contrast key facts about VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) and VanEck Vectors Semiconductor ETF (SMH).
DAGB.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. DAGB.L is a passively managed fund by VanEck that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Apr 30, 2021. 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 DAGB.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: DAGB.L or SMH.
Key characteristics
| DAGB.L | SMH | |
|---|---|---|
| YTD Return | -18.13% | 32.78% |
| 1Y Return | 75.07% | 80.39% |
| 3Y Return (Ann) | -22.61% | 27.97% |
| Sharpe Ratio | 0.92 | 2.98 |
| Daily Std Dev | 73.33% | 28.60% |
| Max Drawdown | -91.23% | -95.73% |
| Current Drawdown | -68.76% | -0.84% |
Correlation
The correlation between DAGB.L and SMH is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DAGB.L vs. SMH - Performance Comparison
In the year-to-date period, DAGB.L achieves a -18.13% return, which is significantly lower than SMH's 32.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DAGB.L vs. SMH - Expense Ratio Comparison
DAGB.L has a 0.65% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
DAGB.L vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.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
DAGB.L vs. SMH - Dividend Comparison
DAGB.L has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAGB.L VanEck Digital Assets Equity UCITS ETF A USD Acc | 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 | 0.45% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
DAGB.L vs. SMH - Drawdown Comparison
The maximum DAGB.L drawdown since its inception was -91.23%, roughly equal to the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for DAGB.L and SMH. For additional features, visit the drawdowns tool.
Volatility
DAGB.L vs. SMH - Volatility Comparison
VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) has a higher volatility of 19.00% compared to VanEck Vectors Semiconductor ETF (SMH) at 9.43%. This indicates that DAGB.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.