GL vs. SMH
Compare and contrast key facts about Globe Life Inc. (GL) 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: GL or SMH.
Correlation
The correlation between GL and SMH is 0.75, 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
GL vs. SMH - Performance Comparison
Key characteristics
GL:
2.14
SMH:
0.06
GL:
2.71
SMH:
0.38
GL:
1.37
SMH:
1.05
GL:
1.56
SMH:
0.07
GL:
13.88
SMH:
0.17
GL:
4.60%
SMH:
14.52%
GL:
29.67%
SMH:
43.08%
GL:
-75.34%
SMH:
-83.29%
GL:
-7.42%
SMH:
-24.30%
Returns By Period
In the year-to-date period, GL achieves a 10.72% return, which is significantly higher than SMH's -12.47% return. Over the past 10 years, GL has underperformed SMH with an annualized return of 9.07%, while SMH has yielded a comparatively higher 23.77% annualized return.
GL
10.72%
-5.61%
17.43%
64.31%
11.05%
9.07%
SMH
-12.47%
-4.52%
-15.83%
0.33%
27.24%
23.77%
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Risk-Adjusted Performance
GL vs. SMH — Risk-Adjusted Performance Rank
GL
SMH
GL vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Globe Life Inc. (GL) 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
GL vs. SMH - Dividend Comparison
GL's dividend yield for the trailing twelve months is around 0.81%, more than SMH's 0.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GL Globe Life Inc. | 0.81% | 0.85% | 0.73% | 0.68% | 0.83% | 0.78% | 0.65% | 0.85% | 0.65% | 0.75% | 0.71% | 0.94% |
SMH VanEck Vectors Semiconductor ETF | 0.51% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
GL vs. SMH - Drawdown Comparison
The maximum GL drawdown since its inception was -75.34%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for GL and SMH. For additional features, visit the drawdowns tool.
Volatility
GL vs. SMH - Volatility Comparison
The current volatility for Globe Life Inc. (GL) is 14.70%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 23.93%. This indicates that GL 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.