SMH vs. ETEC
Compare and contrast key facts about VanEck Vectors Semiconductor ETF (SMH) and iShares Breakthrough Environmental Solutions ETF (ETEC).
SMH and ETEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ETEC is a passively managed fund by iShares that tracks the performance of the Morningstar Global Emerging Green Technologies Select Index - Benchmark TR Net. It was launched on Mar 28, 2023. Both SMH and ETEC 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: SMH or ETEC.
Correlation
The correlation between SMH and ETEC is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SMH vs. ETEC - Performance Comparison
Key characteristics
SMH:
0.78
ETEC:
-0.18
SMH:
1.22
ETEC:
-0.10
SMH:
1.16
ETEC:
0.99
SMH:
1.14
ETEC:
-0.15
SMH:
2.62
ETEC:
-0.45
SMH:
10.81%
ETEC:
9.67%
SMH:
36.15%
ETEC:
23.38%
SMH:
-83.29%
ETEC:
-28.33%
SMH:
-7.94%
ETEC:
-24.16%
Returns By Period
In the year-to-date period, SMH achieves a 6.45% return, which is significantly higher than ETEC's 4.38% return.
SMH
6.45%
-1.75%
6.82%
31.77%
29.79%
26.26%
ETEC
4.38%
1.44%
-0.48%
-2.92%
N/A
N/A
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SMH vs. ETEC - Expense Ratio Comparison
SMH has a 0.35% expense ratio, which is lower than ETEC's 0.47% expense ratio.
Risk-Adjusted Performance
SMH vs. ETEC — Risk-Adjusted Performance Rank
SMH
ETEC
SMH vs. ETEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Semiconductor ETF (SMH) and iShares Breakthrough Environmental Solutions ETF (ETEC). 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
SMH vs. ETEC - Dividend Comparison
SMH's dividend yield for the trailing twelve months is around 0.42%, less than ETEC's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
ETEC iShares Breakthrough Environmental Solutions ETF | 1.19% | 1.24% | 4.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SMH vs. ETEC - Drawdown Comparison
The maximum SMH drawdown since its inception was -83.29%, which is greater than ETEC's maximum drawdown of -28.33%. Use the drawdown chart below to compare losses from any high point for SMH and ETEC. For additional features, visit the drawdowns tool.
Volatility
SMH vs. ETEC - Volatility Comparison
VanEck Vectors Semiconductor ETF (SMH) has a higher volatility of 12.33% compared to iShares Breakthrough Environmental Solutions ETF (ETEC) at 5.02%. This indicates that SMH's price experiences larger fluctuations and is considered to be riskier than ETEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.