HDLB vs. SEMI
HDLB (ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B) and SEMI (Columbia Select Technology ETF) are both exchange-traded funds - HDLB is a Leveraged Equities fund tracking the Solactive US High Dividend Low Volatility (USD)(TR) (200%), while SEMI is a Semiconductors fund actively managed by Columbia. HDLB is passively managed, while SEMI is actively managed. Over the past 3 years, HDLB returned 29.45%/yr vs 22.20%/yr for SEMI. Their 0.17 correlation means their historical movements had little consistent relationship. HDLB charges 1.65%/yr vs 0.75%/yr for SEMI.
Performance
HDLB vs. SEMI - Performance Comparison
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Returns By Period
In the year-to-date period, HDLB achieves a 25.12% return, which is significantly higher than SEMI's 20.82% return.
HDLB
- 1D
- -0.60%
- 1M
- 6.28%
- 6M
- 12.18%
- YTD
- 25.12%
- 1Y
- 26.69%
- 3Y*
- 29.45%
- 5Y*
- 14.37%
- 10Y*
- —
- ALL TIME*
- 6.16%
SEMI
- 1D
- 1.20%
- 1M
- -2.42%
- 6M
- 17.71%
- YTD
- 20.82%
- 1Y
- 36.55%
- 3Y*
- 22.20%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.42%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $77.42K | $57.41K | $57.55K | |
| $400.16K | $369.67K | $553.99K |
HDLB vs. SEMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B | 25.12% | 27.26% | 28.21% | -4.12% | -14.09% |
SEMI Columbia Select Technology ETF | 20.82% | 24.91% | 15.87% | 45.37% | -23.94% |
Correlation
The correlation between HDLB and SEMI is -0.26, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.26 |
Correlation (3Y) Balances recent behavior with more history. | -0.02 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2022 | 0.17 |
The correlation between HDLB and SEMI shifts across timeframes, from -0.26 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HDLB vs. SEMI — Risk / Return Rank
HDLB
SEMI
HDLB vs. SEMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) and Columbia Select Technology ETF (SEMI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HDLB | SEMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.22 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 2.21 | -0.46 |
| Martin ratioReturn relative to average drawdown | 3.74 | 7.18 | -3.44 |
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Drawdowns
HDLB vs. SEMI - Drawdown Comparison
The maximum HDLB drawdown since its inception was -78.70%, which is greater than SEMI's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for HDLB and SEMI.
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Drawdown Indicators
| HDLB | SEMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.70% | -33.46% | -45.24% |
Max Drawdown (1Y)Largest decline over 1 year | -16.17% | -15.42% | -0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -20.94% | -32.93% | +11.99% |
Max Drawdown (5Y)Largest decline over 5 years | -43.81% | — | — |
Current DrawdownCurrent decline from peak | -5.63% | -9.11% | +3.48% |
Average DrawdownAverage peak-to-trough decline | -27.01% | -9.79% | -17.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.51% | 4.73% | +2.78% |
Volatility
HDLB vs. SEMI - Volatility Comparison
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) and Columbia Select Technology ETF (SEMI) have volatilities of 11.39% and 11.21%, 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.
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Volatility by Period
| HDLB | SEMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.39% | 11.21% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 22.35% | 23.51% | -1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.72% | 27.60% | +1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.06% | 32.11% | -1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.43% | 32.11% | +11.32% |
HDLB vs. SEMI - Expense Ratio Comparison
HDLB has a 1.65% expense ratio, which is higher than SEMI's 0.75% expense ratio.
Dividends
HDLB vs. SEMI - Dividend Comparison
HDLB's dividend yield for the trailing twelve months is around 10.19%, more than SEMI's 3.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B | 10.19% | 12.20% | 10.09% | 12.36% | 10.86% | 8.07% | 16.23% | 0.97% |
SEMI Columbia Select Technology ETF | 3.71% | 4.48% | 0.96% | 0.87% | 0.67% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HDLB and SEMI have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HDLB has higher volatility (11.39%) compared to SEMI (11.21%). In terms of maximum drawdown, HDLB dropped -78.70% vs SEMI's -33.46%.
On 3-year performance, HDLB leads with 29.45% vs 22.20% for SEMI. On fees, SEMI is cheaper at 0.75% per year. On volatility, SEMI has been the lower-risk option at 11.21%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, HDLB has performed better with a 29.45% return vs 22.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SEMI is cheaper with a 0.75% expense ratio, compared with 1.65% for HDLB.
HDLB has the higher dividend yield at 10.19%, compared with 3.71% for SEMI.
HDLB is categorized as Leveraged Equities, while SEMI is Semiconductors. They also come from different issuers: UBS and Columbia. Their fees differ too: 1.65% for HDLB and 0.75% for SEMI.
SEMI currently has the higher Sharpe Ratio (1.23 vs 0.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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