EUV vs. SMH
EUV (Corgi Lithography & Semiconductor Photonics ETF) and SMH (VanEck Semiconductor ETF) are both exchange-traded funds - EUV is a Technology Equities fund actively managed by Corgi Funds, while SMH is a Semiconductors fund tracking the MVIS US Listed Semiconductor 25 Index. EUV is actively managed, while SMH is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.
Performance
EUV vs. SMH - Performance Comparison
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Returns By Period
EUV
- 1D
- -0.88%
- 1M
- -7.74%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SMH
- 1D
- 0.54%
- 1M
- -1.44%
- 6M
- 56.99%
- YTD
- 69.67%
- 1Y
- 113.20%
- 3Y*
- 59.96%
- 5Y*
- 37.42%
- 10Y*
- 36.59%
EUV vs. SMH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EUV Corgi Lithography & Semiconductor Photonics ETF | 2.28% |
SMH VanEck Semiconductor ETF | 16.90% |
Correlation
The correlation between EUV and SMH is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 6, 2026 | 0.89 |
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Return for Risk
EUV vs. SMH — Risk / Return Rank
EUV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SMH
EUV vs. SMH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Corgi Lithography & Semiconductor Photonics ETF (EUV) 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.
| EUV | SMH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.47 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 7.62 | — |
| Martin ratioReturn relative to average drawdown | — | 25.13 | — |
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Drawdowns
EUV vs. SMH - Drawdown Comparison
The maximum EUV drawdown since its inception was -19.98%, smaller than the maximum SMH drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for EUV and SMH.
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Drawdown Indicators
| EUV | SMH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.98% | -84.96% | +64.98% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.93% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -35.74% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.30% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.30% | — |
Current DrawdownCurrent decline from peak | -15.73% | -8.65% | -7.08% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -40.95% | +35.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.52% | — |
Volatility
EUV vs. SMH - Volatility Comparison
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Volatility by Period
| EUV | SMH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 18.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 31.01% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 71.91% | 36.41% | +35.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.91% | 36.12% | +35.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.91% | 33.10% | +38.81% |
EUV vs. SMH - Expense Ratio Comparison
Both EUV and SMH have an expense ratio of 0.35%.
Dividends
EUV vs. SMH - Dividend Comparison
EUV has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUV Corgi Lithography & Semiconductor Photonics ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Semiconductor ETF | 0.18% | 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
EUV and SMH have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EUV and SMH have the same expense ratio: 0.35% per year.
SMH has the higher dividend yield at 0.18%, compared with 0.00% for EUV.
EUV is categorized as Technology Equities, while SMH is Semiconductors. They also come from different issuers: Corgi Funds and VanEck.
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