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, 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 0.92 means they have usually moved in the same direction. Both charge a 0.35% expense ratio.
Performance
EUV vs. SMH - Performance Comparison
Loading charts...
Returns By Period
EUV
- 1D
- 1.44%
- 1M
- -11.58%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
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) |
|---|---|---|---|
| $18.51M | $23.86M | $39.92M | |
| $8.28B | $7.64B | $7.07B |
EUV vs. SMH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EUV Corgi Lithography & Semiconductor Photonics ETF | -11.92% |
SMH VanEck Semiconductor ETF | 3.41% |
Correlation
The correlation between EUV and SMH is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 6, 2026 | 0.92 |
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
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 | — | 1.36 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.58 | — |
| Martin ratioReturn relative to average drawdown | — | 14.64 | — |
Loading charts...
Drawdowns
EUV vs. SMH - Drawdown Comparison
The maximum EUV drawdown since its inception was -35.33%, 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.
Loading charts...
Drawdown Indicators
| EUV | SMH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.33% | -84.96% | +49.63% |
Max Drawdown (1Y)Largest decline over 1 year | — | -24.62% | — |
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 | -27.42% | -19.19% | -8.23% |
Average DrawdownAverage peak-to-trough decline | -10.06% | -40.89% | +30.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.01% | — |
Volatility
EUV vs. SMH - Volatility Comparison
Loading charts...
Volatility by Period
| EUV | SMH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 14.70% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.13% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 72.88% | 38.57% | +34.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.88% | 36.50% | +36.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.88% | 33.32% | +39.56% |
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 0.20%.
| 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 | 0.20% | 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
With a correlation of 0.92, EUV and SMH move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.20%, compared with 0.00% for EUV.
EUV is categorized as Technology Equities, while SMH is Semiconductors. They also come from different issuers: Corgi and VanEck.
Find the right allocation for EUV 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