ETIDX vs. SMH
Compare and contrast key facts about Eventide Dividend Opportunities Fund (ETIDX) and VanEck Vectors Semiconductor ETF (SMH).
ETIDX is managed by Eventide Funds. It was launched on Sep 29, 2017. 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: ETIDX or SMH.
Key characteristics
| ETIDX | SMH | |
|---|---|---|
| YTD Return | 25.17% | 41.61% |
| 1Y Return | 33.86% | 54.65% |
| 3Y Return (Ann) | 4.61% | 19.66% |
| 5Y Return (Ann) | 14.34% | 32.95% |
| Sharpe Ratio | 2.68 | 1.73 |
| Sortino Ratio | 3.68 | 2.24 |
| Omega Ratio | 1.44 | 1.30 |
| Calmar Ratio | 2.34 | 2.39 |
| Martin Ratio | 17.90 | 6.56 |
| Ulcer Index | 2.09% | 9.05% |
| Daily Std Dev | 14.00% | 34.39% |
| Max Drawdown | -34.12% | -95.73% |
| Current Drawdown | -0.74% | -11.96% |
Correlation
The correlation between ETIDX and SMH is 0.70, 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
ETIDX vs. SMH - Performance Comparison
In the year-to-date period, ETIDX achieves a 25.17% return, which is significantly lower than SMH's 41.61% 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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ETIDX vs. SMH - Expense Ratio Comparison
ETIDX has a 0.95% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
ETIDX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Dividend Opportunities Fund (ETIDX) 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
ETIDX vs. SMH - Dividend Comparison
ETIDX's dividend yield for the trailing twelve months is around 0.50%, more than SMH's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETIDX Eventide Dividend Opportunities Fund | 0.50% | 0.67% | 1.34% | 1.14% | 1.06% | 1.99% | 2.17% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
ETIDX vs. SMH - Drawdown Comparison
The maximum ETIDX drawdown since its inception was -34.12%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for ETIDX and SMH. For additional features, visit the drawdowns tool.
Volatility
ETIDX vs. SMH - Volatility Comparison
The current volatility for Eventide Dividend Opportunities Fund (ETIDX) is 3.92%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 7.71%. This indicates that ETIDX 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.