FDNI vs. SMH
Compare and contrast key facts about First Trust Dow Jones International Internet ETF (FDNI) and VanEck Vectors Semiconductor ETF (SMH).
FDNI and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDNI is a passively managed fund by First Trust that tracks the performance of the Dow Jones International Internet Index. It was launched on Nov 5, 2018. 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 FDNI 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: FDNI or SMH.
Key characteristics
| FDNI | SMH | |
|---|---|---|
| YTD Return | 26.88% | 48.30% |
| 1Y Return | 35.61% | 72.60% |
| 3Y Return (Ann) | -12.17% | 21.36% |
| 5Y Return (Ann) | 5.34% | 34.34% |
| Sharpe Ratio | 1.21 | 2.10 |
| Sortino Ratio | 1.83 | 2.59 |
| Omega Ratio | 1.22 | 1.35 |
| Calmar Ratio | 0.53 | 2.91 |
| Martin Ratio | 6.46 | 8.05 |
| Ulcer Index | 5.17% | 8.98% |
| Daily Std Dev | 27.58% | 34.46% |
| Max Drawdown | -71.08% | -95.73% |
| Current Drawdown | -48.99% | -7.80% |
Correlation
The correlation between FDNI and SMH is 0.52, 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
FDNI vs. SMH - Performance Comparison
In the year-to-date period, FDNI achieves a 26.88% return, which is significantly lower than SMH's 48.30% 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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FDNI vs. SMH - Expense Ratio Comparison
FDNI has a 0.65% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
FDNI vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones International Internet ETF (FDNI) 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
FDNI vs. SMH - Dividend Comparison
FDNI's dividend yield for the trailing twelve months is around 0.24%, less than SMH's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDNI First Trust Dow Jones International Internet ETF | 0.24% | 0.40% | 0.00% | 0.00% | 0.16% | 3.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.40% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
FDNI vs. SMH - Drawdown Comparison
The maximum FDNI drawdown since its inception was -71.08%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for FDNI and SMH. For additional features, visit the drawdowns tool.
Volatility
FDNI vs. SMH - Volatility Comparison
First Trust Dow Jones International Internet ETF (FDNI) has a higher volatility of 9.88% compared to VanEck Vectors Semiconductor ETF (SMH) at 9.32%. This indicates that FDNI's price experiences larger fluctuations and is considered to be riskier than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.