FTV vs. SMH
Compare and contrast key facts about Fortive Corporation (FTV) 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: FTV or SMH.
Key characteristics
| FTV | SMH | |
|---|---|---|
| YTD Return | 3.43% | 24.51% |
| 1Y Return | 19.85% | 79.83% |
| 3Y Return (Ann) | 2.36% | 24.10% |
| 5Y Return (Ann) | 1.41% | 32.99% |
| Sharpe Ratio | 0.90 | 2.78 |
| Daily Std Dev | 21.45% | 28.53% |
| Max Drawdown | -52.65% | -95.73% |
| Current Drawdown | -11.83% | -7.02% |
Correlation
The correlation between FTV 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
FTV vs. SMH - Performance Comparison
In the year-to-date period, FTV achieves a 3.43% return, which is significantly lower than SMH's 24.51% 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
FTV vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortive Corporation (FTV) 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
FTV vs. SMH - Dividend Comparison
FTV's dividend yield for the trailing twelve months is around 0.39%, less than SMH's 0.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTV Fortive Corporation | 0.39% | 0.39% | 0.44% | 0.37% | 0.35% | 0.37% | 0.41% | 0.39% | 0.26% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.48% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
FTV vs. SMH - Drawdown Comparison
The maximum FTV drawdown since its inception was -52.65%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for FTV and SMH. For additional features, visit the drawdowns tool.
Volatility
FTV vs. SMH - Volatility Comparison
The current volatility for Fortive Corporation (FTV) is 7.01%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 10.09%. This indicates that FTV 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.