GNOM vs. SMH
Compare and contrast key facts about Global X Genomics & Biotechnology ETF (GNOM) and VanEck Vectors Semiconductor ETF (SMH).
GNOM and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GNOM is a passively managed fund by Global X that tracks the performance of the Solactive Genomics Index. It was launched on Apr 5, 2019. 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 GNOM 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: GNOM or SMH.
Key characteristics
| GNOM | SMH | |
|---|---|---|
| YTD Return | -13.26% | 18.83% |
| 1Y Return | -19.53% | 69.27% |
| 3Y Return (Ann) | -23.99% | 20.22% |
| 5Y Return (Ann) | -7.11% | 31.87% |
| Sharpe Ratio | -0.69 | 2.42 |
| Daily Std Dev | 29.15% | 28.28% |
| Max Drawdown | -68.54% | -95.73% |
| Current Drawdown | -64.04% | -11.26% |
Correlation
The correlation between GNOM and SMH is 0.56, 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
GNOM vs. SMH - Performance Comparison
In the year-to-date period, GNOM achieves a -13.26% return, which is significantly lower than SMH's 18.83% 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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GNOM vs. SMH - Expense Ratio Comparison
GNOM has a 0.50% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
GNOM vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Genomics & Biotechnology ETF (GNOM) 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
GNOM vs. SMH - Dividend Comparison
GNOM has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.50%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNOM Global X Genomics & Biotechnology ETF | 0.00% | 0.00% | 0.00% | 0.03% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.50% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
GNOM vs. SMH - Drawdown Comparison
The maximum GNOM drawdown since its inception was -68.54%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for GNOM and SMH. For additional features, visit the drawdowns tool.
Volatility
GNOM vs. SMH - Volatility Comparison
Global X Genomics & Biotechnology ETF (GNOM) and VanEck Vectors Semiconductor ETF (SMH) have volatilities of 8.32% and 8.62%, 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.