FTXL vs. SMH
Compare and contrast key facts about First Trust Nasdaq Semiconductor ETF (FTXL) and VanEck Vectors Semiconductor ETF (SMH).
FTXL and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTXL is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Semiconductor Index. It was launched on Sep 20, 2016. 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 FTXL 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: FTXL or SMH.
Correlation
The correlation between FTXL and SMH is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FTXL vs. SMH - Performance Comparison
Key characteristics
FTXL:
0.27
SMH:
1.14
FTXL:
0.59
SMH:
1.63
FTXL:
1.07
SMH:
1.21
FTXL:
0.36
SMH:
1.60
FTXL:
0.83
SMH:
4.01
FTXL:
10.92%
SMH:
9.87%
FTXL:
34.10%
SMH:
34.89%
FTXL:
-43.87%
SMH:
-95.73%
FTXL:
-18.45%
SMH:
-13.97%
Returns By Period
In the year-to-date period, FTXL achieves a 7.37% return, which is significantly lower than SMH's 38.38% return.
FTXL
7.37%
0.02%
-16.36%
8.33%
16.74%
N/A
SMH
38.38%
0.19%
-12.56%
39.14%
30.59%
27.66%
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FTXL vs. SMH - Expense Ratio Comparison
FTXL has a 0.60% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
FTXL vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Semiconductor ETF (FTXL) 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
FTXL vs. SMH - Dividend Comparison
FTXL's dividend yield for the trailing twelve months is around 0.73%, while SMH has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTXL First Trust Nasdaq Semiconductor ETF | 0.73% | 0.60% | 0.89% | 0.25% | 0.48% | 0.92% | 0.70% | 0.47% | 0.12% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.00% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
FTXL vs. SMH - Drawdown Comparison
The maximum FTXL drawdown since its inception was -43.87%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for FTXL and SMH. For additional features, visit the drawdowns tool.
Volatility
FTXL vs. SMH - Volatility Comparison
First Trust Nasdaq Semiconductor ETF (FTXL) has a higher volatility of 8.57% compared to VanEck Vectors Semiconductor ETF (SMH) at 7.65%. This indicates that FTXL'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.