HDSN vs. SMH
Compare and contrast key facts about Hudson Technologies, Inc. (HDSN) 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: HDSN or SMH.
Key characteristics
| HDSN | SMH | |
|---|---|---|
| Sharpe Ratio | -1.14 | 1.59 |
| Sortino Ratio | -1.67 | 2.10 |
| Omega Ratio | 0.77 | 1.28 |
| Calmar Ratio | -0.68 | 2.22 |
| Martin Ratio | -1.42 | 5.78 |
| Ulcer Index | 37.13% | 9.53% |
| Daily Std Dev | 46.32% | 34.55% |
| Max Drawdown | -98.81% | -95.73% |
| Current Drawdown | -77.11% | -11.68% |
Correlation
The correlation between HDSN and SMH is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HDSN vs. SMH - Performance Comparison
Returns By Period
In the year-to-date period, HDSN achieves a -55.67% return, which is significantly lower than SMH's 42.06% return. Over the past 10 years, HDSN has underperformed SMH with an annualized return of 5.49%, while SMH has yielded a comparatively higher 27.68% annualized return.
HDSN
-55.67%
-19.41%
-33.26%
-51.58%
56.09%
5.49%
SMH
42.06%
1.50%
2.40%
57.40%
33.49%
27.68%
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Risk-Adjusted Performance
HDSN vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hudson Technologies, Inc. (HDSN) 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
HDSN vs. SMH - Dividend Comparison
HDSN has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDSN Hudson Technologies, 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 | 0.42% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
HDSN vs. SMH - Drawdown Comparison
The maximum HDSN drawdown since its inception was -98.81%, roughly equal to the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for HDSN and SMH. For additional features, visit the drawdowns tool.
Volatility
HDSN vs. SMH - Volatility Comparison
Hudson Technologies, Inc. (HDSN) has a higher volatility of 27.15% compared to VanEck Vectors Semiconductor ETF (SMH) at 7.31%. This indicates that HDSN'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.