Correlation
The correlation between DNBBY and SMH is 0.28, 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.
DNBBY vs. SMH
Compare and contrast key facts about DNB Bank ASA (DNBBY) and VanEck Vectors 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DNBBY or SMH.
Performance
DNBBY vs. SMH - Performance Comparison
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Key characteristics
DNBBY:
1.80
SMH:
-0.01
DNBBY:
2.28
SMH:
0.18
DNBBY:
1.35
SMH:
1.02
DNBBY:
2.52
SMH:
-0.10
DNBBY:
10.54
SMH:
-0.23
DNBBY:
4.43%
SMH:
15.52%
DNBBY:
27.49%
SMH:
43.26%
DNBBY:
-55.76%
SMH:
-83.29%
DNBBY:
-2.83%
SMH:
-14.38%
Returns By Period
In the year-to-date period, DNBBY achieves a 44.71% return, which is significantly higher than SMH's -1.00% return. Over the past 10 years, DNBBY has underperformed SMH with an annualized return of 11.49%, while SMH has yielded a comparatively higher 24.75% annualized return.
DNBBY
44.71%
15.84%
38.53%
49.09%
18.75%
23.62%
11.49%
SMH
-1.00%
13.48%
-0.54%
-0.60%
26.07%
28.60%
24.75%
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Risk-Adjusted Performance
DNBBY vs. SMH — Risk-Adjusted Performance Rank
DNBBY
SMH
DNBBY vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DNB Bank ASA (DNBBY) 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.
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Dividends
DNBBY vs. SMH - Dividend Comparison
DNBBY's dividend yield for the trailing twelve months is around 5.48%, more than SMH's 0.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNBBY DNB Bank ASA | 5.48% | 7.68% | 5.70% | 5.53% | 9.03% | 4.79% | 5.05% | 5.63% | 3.56% | 3.58% | 3.86% | 2.99% |
SMH VanEck Vectors Semiconductor ETF | 0.45% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
DNBBY vs. SMH - Drawdown Comparison
The maximum DNBBY drawdown since its inception was -55.76%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for DNBBY and SMH.
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Volatility
DNBBY vs. SMH - Volatility Comparison
DNB Bank ASA (DNBBY) has a higher volatility of 11.16% compared to VanEck Vectors Semiconductor ETF (SMH) at 9.05%. This indicates that DNBBY'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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