DEFT vs. SMH

Last updated Apr 2, 2026

Compare and contrast key facts about DeFi Technologies Inc (DEFT) and VanEck 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.

Performance

DEFT vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DeFi Technologies Inc (DEFT) and VanEck Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

DEFT vs. SMH - Yearly Performance Comparison

	2026 (YTD)	2025
DEFT DeFi Technologies Inc	-8.68%	-81.60%
SMH VanEck Semiconductor ETF	8.84%	52.16%

Returns By Period

In the year-to-date period, DEFT achieves a -8.68% return, which is significantly lower than SMH's 8.84% return.

DEFT

• 1D: 24.72%
• 1M: -1.56%
• YTD: -8.68%
• 6M: -68.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SMH

• 1D: 2.24%
• 1M: -3.55%
• YTD: 8.84%
• 6M: 17.83%
• 1Y: 85.04%
• 3Y*: 44.53%
• 5Y*: 26.15%
• 10Y*: 31.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DEFT vs. SMH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SMH

SMH Risk / Return Rank: 95
SMH Sharpe Ratio Rank: 94
SMH Sortino Ratio Rank: 93
SMH Omega Ratio Rank: 92
SMH Calmar Ratio Rank: 97
SMH Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DEFT vs. SMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DeFi Technologies Inc (DEFT) and VanEck 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DEFT	SMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.32	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.85	0.28	-1.14

Correlation

The correlation between DEFT and SMH is 0.39, 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.

Dividends

DEFT vs. SMH - Dividend Comparison

DEFT has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.28%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEFT DeFi Technologies Inc	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 Semiconductor ETF	0.28%	0.31%	0.44%	0.60%	1.18%	0.51%	0.69%	1.50%	1.88%	1.43%	0.80%	2.14%

Drawdowns

DEFT vs. SMH - Drawdown Comparison

The maximum DEFT drawdown since its inception was -88.69%, roughly equal to the maximum SMH drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for DEFT and SMH.

Drawdown Indicators

	DEFT	SMH	Difference
Max Drawdown Largest peak-to-trough decline	-88.69%	-84.96%	-3.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.30%	—
Current Drawdown Current decline from peak	-83.79%	-8.02%	-75.77%
Average Drawdown Average peak-to-trough decline	-55.62%	-41.35%	-14.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.47%	—

Volatility

Volatility by Period

	DEFT	SMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	101.68%	36.88%	+64.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.68%	34.68%	+67.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.68%	32.29%	+69.39%