FR.PA vs. SMH
Compare and contrast key facts about Valeo SA (FR.PA) and VanEck Vectors Semiconductor ETF (SMH).
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: FR.PA or SMH.
Key characteristics
FR.PA | SMH | |
---|---|---|
YTD Return | -11.61% | 27.67% |
1Y Return | -28.83% | 82.75% |
3Y Return (Ann) | -20.31% | 25.91% |
5Y Return (Ann) | -13.35% | 35.74% |
10Y Return (Ann) | -6.49% | 29.37% |
Sharpe Ratio | -0.85 | 2.89 |
Daily Std Dev | 38.29% | 28.57% |
Max Drawdown | -88.08% | -95.73% |
Current Drawdown | -78.85% | -4.66% |
Correlation
The correlation between FR.PA and SMH is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FR.PA vs. SMH - Performance Comparison
In the year-to-date period, FR.PA achieves a -11.61% return, which is significantly lower than SMH's 27.67% return. Over the past 10 years, FR.PA has underperformed SMH with an annualized return of -6.49%, while SMH has yielded a comparatively higher 29.37% annualized 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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Risk-Adjusted Performance
FR.PA vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Valeo SA (FR.PA) 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
FR.PA vs. SMH - Dividend Comparison
FR.PA's dividend yield for the trailing twelve months is around 3.09%, more than SMH's 0.47% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Valeo SA | 3.09% | 2.73% | 2.10% | 1.13% | 0.62% | 3.98% | 4.90% | 2.01% | 1.83% | 1.54% | 1.64% | 1.86% |
VanEck Vectors Semiconductor ETF | 0.47% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
FR.PA vs. SMH - Drawdown Comparison
The maximum FR.PA drawdown since its inception was -88.08%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for FR.PA and SMH. For additional features, visit the drawdowns tool.
Volatility
FR.PA vs. SMH - Volatility Comparison
Valeo SA (FR.PA) and VanEck Vectors Semiconductor ETF (SMH) have volatilities of 9.54% and 9.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.