EINC vs. SMH
Compare and contrast key facts about VanEck Energy Income ETF (EINC) and VanEck Vectors Semiconductor ETF (SMH).
EINC and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EINC is a passively managed fund by VanEck that tracks the performance of the MVIS North America Energy Infrastructure Index. It was launched on Mar 13, 2012. 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 EINC 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: EINC or SMH.
Key characteristics
| EINC | SMH | |
|---|---|---|
| YTD Return | 44.38% | 44.03% |
| 1Y Return | 50.89% | 62.09% |
| 3Y Return (Ann) | 23.56% | 20.37% |
| 5Y Return (Ann) | 17.94% | 33.67% |
| 10Y Return (Ann) | -1.61% | 28.85% |
| Sharpe Ratio | 3.89 | 1.78 |
| Sortino Ratio | 5.20 | 2.29 |
| Omega Ratio | 1.68 | 1.30 |
| Calmar Ratio | 1.02 | 2.46 |
| Martin Ratio | 30.57 | 6.77 |
| Ulcer Index | 1.69% | 9.02% |
| Daily Std Dev | 13.32% | 34.35% |
| Max Drawdown | -87.56% | -95.73% |
| Current Drawdown | -25.81% | -10.46% |
Correlation
The correlation between EINC and SMH is 0.34, 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
EINC vs. SMH - Performance Comparison
The year-to-date returns for both stocks are quite close, with EINC having a 44.38% return and SMH slightly lower at 44.03%. Over the past 10 years, EINC has underperformed SMH with an annualized return of -1.61%, while SMH has yielded a comparatively higher 28.85% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EINC vs. SMH - Expense Ratio Comparison
EINC has a 0.45% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
EINC vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) 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
EINC vs. SMH - Dividend Comparison
EINC's dividend yield for the trailing twelve months is around 3.30%, more than SMH's 0.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EINC VanEck Energy Income ETF | 3.30% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% | 12.41% | 8.90% |
SMH VanEck Vectors Semiconductor ETF | 0.41% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
EINC vs. SMH - Drawdown Comparison
The maximum EINC drawdown since its inception was -87.56%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for EINC and SMH. For additional features, visit the drawdowns tool.
Volatility
EINC vs. SMH - Volatility Comparison
The current volatility for VanEck Energy Income ETF (EINC) is 4.95%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 9.39%. This indicates that EINC 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.