GTLB vs. SMH
Compare and contrast key facts about GitLab Inc. (GTLB) 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: GTLB or SMH.
Performance
GTLB vs. SMH - Performance Comparison
Returns By Period
In the year-to-date period, GTLB achieves a -4.91% return, which is significantly lower than SMH's 37.22% return.
GTLB
-4.91%
10.16%
6.42%
23.32%
N/A
N/A
SMH
37.22%
-2.98%
4.21%
49.18%
32.05%
28.12%
Key characteristics
| GTLB | SMH | |
|---|---|---|
| Sharpe Ratio | 0.39 | 1.44 |
| Sortino Ratio | 0.96 | 1.95 |
| Omega Ratio | 1.13 | 1.26 |
| Calmar Ratio | 0.32 | 2.00 |
| Martin Ratio | 0.80 | 5.45 |
| Ulcer Index | 27.96% | 9.13% |
| Daily Std Dev | 56.39% | 34.45% |
| Max Drawdown | -79.55% | -95.73% |
| Current Drawdown | -54.26% | -14.69% |
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Correlation
The correlation between GTLB 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.
Risk-Adjusted Performance
GTLB vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GitLab Inc. (GTLB) 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
GTLB vs. SMH - Dividend Comparison
GTLB has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTLB GitLab Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.43% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
GTLB vs. SMH - Drawdown Comparison
The maximum GTLB drawdown since its inception was -79.55%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for GTLB and SMH. For additional features, visit the drawdowns tool.
Volatility
GTLB vs. SMH - Volatility Comparison
GitLab Inc. (GTLB) has a higher volatility of 11.88% compared to VanEck Vectors Semiconductor ETF (SMH) at 8.20%. This indicates that GTLB'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.