DEFT vs. SMH
DEFT (DeFi Technologies Inc) is a stock, while SMH (VanEck Semiconductor ETF) is Semiconductors fund tracking the MVIS US Listed Semiconductor 25 Index. Over the past year, DEFT returned -84.75% vs 90.95% for SMH. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
DEFT vs. SMH - Performance Comparison
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Returns By Period
In the year-to-date period, DEFT achieves a -46.85% return, which is significantly lower than SMH's 50.09% return.
DEFT
- 1D
- -6.48%
- 1M
- -24.32%
- 6M
- -45.05%
- YTD
- -46.85%
- 1Y
- -84.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -87.18%
SMH
- 1D
- 0.30%
- 1M
- -8.74%
- 6M
- 33.97%
- YTD
- 50.09%
- 1Y
- 90.95%
- 3Y*
- 50.56%
- 5Y*
- 33.46%
- 10Y*
- 34.16%
- ALL TIME*
- 11.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $585.42K | $800.15K | $2.11M | |
| $8.28B | $7.64B | $7.07B |
DEFT vs. SMH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DEFT DeFi Technologies Inc | -46.85% | -84.60% |
SMH VanEck Semiconductor ETF | 50.09% | 61.71% |
Correlation
The correlation between DEFT and SMH is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (All Time) Calculated using the full available price history since May 12, 2025 | 0.38 |
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Return for Risk
DEFT vs. SMH — Risk / Return Rank
DEFT
SMH
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DEFT | SMH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.15 | ||
| Sortino ratioReturn per unit of downside risk | -4.72 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.36 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 3.58 | -4.57 |
| Martin ratioReturn relative to average drawdown | -1.34 | 14.64 | -15.98 |
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Drawdowns
DEFT vs. SMH - Drawdown Comparison
The maximum DEFT drawdown since its inception was -92.04%, which is greater than SMH's maximum drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for DEFT and SMH.
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Drawdown Indicators
| DEFT | SMH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.04% | -84.96% | -7.08% |
Max Drawdown (1Y)Largest decline over 1 year | -86.32% | -24.62% | -61.70% |
Max Drawdown (3Y)Largest decline over 3 years | — | -35.74% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.30% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.30% | — |
Current DrawdownCurrent decline from peak | -91.81% | -19.19% | -72.62% |
Average DrawdownAverage peak-to-trough decline | -68.36% | -40.89% | -27.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 63.54% | 6.01% | +57.53% |
Volatility
DEFT vs. SMH - Volatility Comparison
DeFi Technologies Inc (DEFT) has a higher volatility of 23.10% compared to VanEck Semiconductor ETF (SMH) at 14.70%. This indicates that DEFT'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.
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Volatility by Period
| DEFT | SMH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.10% | 14.70% | +8.40% |
Volatility (6M)Calculated over the trailing 6-month period | 70.15% | 33.13% | +37.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.22% | 38.57% | +60.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.09% | 36.50% | +60.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.09% | 33.32% | +63.77% |
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 0.20%.
| Position | 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 | 0.20% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
Frequently Asked Questions
DEFT and SMH have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DEFT has higher volatility (23.10%) compared to SMH (14.70%). In terms of maximum drawdown, DEFT dropped -92.04% vs SMH's -84.96%.
SMH currently has the higher Sharpe Ratio (2.29 vs -0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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