EC vs. SMH
EC (Ecopetrol S.A.) is a stock, while SMH (VanEck Semiconductor ETF) is Semiconductors fund tracking the MVIS US Listed Semiconductor 25 Index. Over the past 10 years, EC returned 19.54%/yr vs 34.16%/yr for SMH. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
EC vs. SMH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EC achieves a 75.68% return, which is significantly higher than SMH's 50.09% return. Over the past 10 years, EC has underperformed SMH with an annualized return of 19.54%, while SMH has yielded a comparatively higher 34.16% annualized return.
EC
- 1D
- -1.58%
- 1M
- 14.08%
- 6M
- 40.04%
- YTD
- 75.68%
- 1Y
- 112.34%
- 3Y*
- 36.49%
- 5Y*
- 22.09%
- 10Y*
- 19.54%
- ALL TIME*
- 6.71%
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) |
|---|---|---|---|
| $34.19M | $36.57M | $44.75M | |
| $8.28B | $7.64B | $7.07B |
EC vs. SMH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EC Ecopetrol S.A. | 75.68% | 58.65% | -24.25% | 41.83% | -5.04% | 0.57% | -29.31% | 38.58% | 11.95% | 64.34% |
SMH VanEck Semiconductor ETF | 50.09% | 49.17% | 39.10% | 73.38% | -33.53% | 42.13% | 55.53% | 64.45% | -9.05% | 38.48% |
Correlation
The correlation between EC and SMH is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2008 | 0.28 |
Over the past year, the correlation between EC and SMH has dropped to 0.01 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EC vs. SMH — Risk / Return Rank
EC
SMH
EC vs. SMH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ecopetrol S.A. (EC) 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.
| EC | SMH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.36 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 7.81 | 3.58 | +4.22 |
| Martin ratioReturn relative to average drawdown | 18.87 | 14.64 | +4.23 |
Loading charts...
Drawdowns
EC vs. SMH - Drawdown Comparison
The maximum EC drawdown since its inception was -90.16%, which is greater than SMH's maximum drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for EC and SMH.
Loading charts...
Drawdown Indicators
| EC | SMH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.16% | -84.96% | -5.20% |
Max Drawdown (1Y)Largest decline over 1 year | -14.11% | -24.62% | +10.51% |
Max Drawdown (3Y)Largest decline over 3 years | -38.00% | -35.74% | -2.26% |
Max Drawdown (5Y)Largest decline over 5 years | -48.60% | -45.30% | -3.30% |
Max Drawdown (10Y)Largest decline over 10 years | -73.36% | -45.30% | -28.06% |
Current DrawdownCurrent decline from peak | -15.05% | -19.19% | +4.14% |
Average DrawdownAverage peak-to-trough decline | -50.95% | -40.89% | -10.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 6.01% | -0.18% |
Volatility
EC vs. SMH - Volatility Comparison
The current volatility for Ecopetrol S.A. (EC) is 8.78%, while VanEck Semiconductor ETF (SMH) has a volatility of 14.70%. This indicates that EC 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.
Loading charts...
Volatility by Period
| EC | SMH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.78% | 14.70% | -5.92% |
Volatility (6M)Calculated over the trailing 6-month period | 31.57% | 33.13% | -1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.35% | 38.57% | -0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.73% | 36.50% | +1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.81% | 33.32% | +7.49% |
Dividends
EC vs. SMH - Dividend Comparison
EC's dividend yield for the trailing twelve months is around 3.94%, more than SMH's 0.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EC Ecopetrol S.A. | 3.94% | 20.77% | 20.47% | 22.02% | 22.47% | 0.72% | 6.92% | 9.87% | 4.01% | 1.06% | 0.00% | 14.83% |
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
EC and SMH have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMH has higher volatility (14.70%) compared to EC (8.78%). In terms of maximum drawdown, EC dropped -90.16% vs SMH's -84.96%.
EC currently has the higher Sharpe Ratio (2.88 vs 2.29), 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.
Find the right allocation for EC and SMH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer