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HDRO vs. SMH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HDRO and SMH is 0.58, 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

HDRO vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Next Gen H2 ETF (HDRO) and VanEck Vectors Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

HDRO:

0.59

SMH:

-0.00

Sortino Ratio

HDRO:

25.49

SMH:

0.32

Omega Ratio

HDRO:

3.87

SMH:

1.04

Calmar Ratio

HDRO:

5.02

SMH:

0.01

Martin Ratio

HDRO:

22.53

SMH:

0.02

Ulcer Index

HDRO:

18.94%

SMH:

15.50%

Daily Std Dev

HDRO:

721.08%

SMH:

43.26%

Max Drawdown

HDRO:

-85.00%

SMH:

-83.29%

Current Drawdown

HDRO:

-32.84%

SMH:

-12.84%

Returns By Period

In the year-to-date period, HDRO achieves a -25.39% return, which is significantly lower than SMH's 0.79% return.


HDRO

YTD

-25.39%

1M

0.00%

6M

-29.79%

1Y

325.95%

3Y*

23.27%

5Y*

N/A

10Y*

N/A

SMH

YTD

0.79%

1M

16.07%

6M

2.90%

1Y

-0.20%

3Y*

26.65%

5Y*

29.06%

10Y*

24.79%

*Annualized

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Defiance Next Gen H2 ETF

VanEck Vectors Semiconductor ETF

HDRO vs. SMH - Expense Ratio Comparison

HDRO has a 0.30% expense ratio, which is lower than SMH's 0.35% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

HDRO vs. SMH — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HDRO
The Risk-Adjusted Performance Rank of HDRO is 9090
Overall Rank
The Sharpe Ratio Rank of HDRO is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of HDRO is 9999
Sortino Ratio Rank
The Omega Ratio Rank of HDRO is 9999
Omega Ratio Rank
The Calmar Ratio Rank of HDRO is 9797
Calmar Ratio Rank
The Martin Ratio Rank of HDRO is 9898
Martin Ratio Rank

SMH
The Risk-Adjusted Performance Rank of SMH is 1717
Overall Rank
The Sharpe Ratio Rank of SMH is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of SMH is 2020
Sortino Ratio Rank
The Omega Ratio Rank of SMH is 2020
Omega Ratio Rank
The Calmar Ratio Rank of SMH is 1515
Calmar Ratio Rank
The Martin Ratio Rank of SMH is 1515
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HDRO vs. SMH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Next Gen H2 ETF (HDRO) 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.


The current HDRO Sharpe Ratio is 0.59, which is higher than the SMH Sharpe Ratio of -0.00. The chart below compares the historical Sharpe Ratios of HDRO and SMH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

HDRO vs. SMH - Dividend Comparison

HDRO's dividend yield for the trailing twelve months is around 0.57%, more than SMH's 0.44% yield.


TTM20242023202220212020201920182017201620152014
HDRO
Defiance Next Gen H2 ETF
0.57%0.43%1.61%0.00%0.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SMH
VanEck Vectors Semiconductor ETF
0.44%0.44%0.60%1.18%0.51%0.69%1.50%1.88%1.43%0.80%2.14%1.16%

Drawdowns

HDRO vs. SMH - Drawdown Comparison

The maximum HDRO drawdown since its inception was -85.00%, roughly equal to the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for HDRO and SMH.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

HDRO vs. SMH - Volatility Comparison

Defiance Next Gen H2 ETF (HDRO) has a higher volatility of 11.82% compared to VanEck Vectors Semiconductor ETF (SMH) at 8.70%. This indicates that HDRO'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.


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