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

Correlation

The correlation between IBLC and SMH is 0.57, 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.


-0.50.00.51.00.6

Performance

IBLC vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Blockchain and Tech ETF (IBLC) and VanEck Vectors Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
64.77%
119.58%
IBLC
SMH

Key characteristics

Sharpe Ratio

IBLC:

0.52

SMH:

1.25

Sortino Ratio

IBLC:

1.26

SMH:

1.76

Omega Ratio

IBLC:

1.14

SMH:

1.22

Calmar Ratio

IBLC:

0.96

SMH:

1.75

Martin Ratio

IBLC:

1.79

SMH:

4.38

Ulcer Index

IBLC:

20.38%

SMH:

9.95%

Daily Std Dev

IBLC:

69.40%

SMH:

34.83%

Max Drawdown

IBLC:

-62.54%

SMH:

-95.73%

Current Drawdown

IBLC:

-17.68%

SMH:

-13.71%

Returns By Period

In the year-to-date period, IBLC achieves a 29.41% return, which is significantly lower than SMH's 38.79% return.


IBLC

YTD

29.41%

1M

-7.68%

6M

17.39%

1Y

27.96%

5Y*

N/A

10Y*

N/A

SMH

YTD

38.79%

1M

-1.38%

6M

-8.37%

1Y

40.07%

5Y*

29.31%

10Y*

27.34%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IBLC vs. SMH - Expense Ratio Comparison

IBLC has a 0.47% expense ratio, which is higher than SMH's 0.35% expense ratio.


IBLC
iShares Blockchain and Tech ETF
Expense ratio chart for IBLC: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%
Expense ratio chart for SMH: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

IBLC vs. SMH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) 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.


Sharpe ratio
The chart of Sharpe ratio for IBLC, currently valued at 0.52, compared to the broader market0.002.004.000.521.25
The chart of Sortino ratio for IBLC, currently valued at 1.26, compared to the broader market-2.000.002.004.006.008.0010.001.261.76
The chart of Omega ratio for IBLC, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.22
The chart of Calmar ratio for IBLC, currently valued at 0.96, compared to the broader market0.005.0010.0015.000.961.75
The chart of Martin ratio for IBLC, currently valued at 1.79, compared to the broader market0.0020.0040.0060.0080.00100.001.794.38
IBLC
SMH

The current IBLC Sharpe Ratio is 0.52, which is lower than the SMH Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of IBLC 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.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.52
1.25
IBLC
SMH

Dividends

IBLC vs. SMH - Dividend Comparison

IBLC's dividend yield for the trailing twelve months is around 1.46%, while SMH has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
IBLC
iShares Blockchain and Tech ETF
1.46%1.79%0.84%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SMH
VanEck Vectors Semiconductor ETF
0.00%0.60%2.37%1.02%1.38%6.00%3.75%2.85%1.61%4.28%2.31%3.11%

Drawdowns

IBLC vs. SMH - Drawdown Comparison

The maximum IBLC drawdown since its inception was -62.54%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for IBLC and SMH. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-17.68%
-13.71%
IBLC
SMH

Volatility

IBLC vs. SMH - Volatility Comparison

iShares Blockchain and Tech ETF (IBLC) has a higher volatility of 21.30% compared to VanEck Vectors Semiconductor ETF (SMH) at 7.83%. This indicates that IBLC'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.


10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
21.30%
7.83%
IBLC
SMH
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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