IBOT vs. SMH
Compare and contrast key facts about VanEck Robotics ETF (IBOT) and VanEck Vectors Semiconductor ETF (SMH).
IBOT and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBOT is a passively managed fund by VanEck that tracks the performance of the BlueStar® Robotics Index. It was launched on Apr 5, 2023. 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. Both IBOT and SMH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBOT or SMH.
Performance
IBOT vs. SMH - Performance Comparison
Returns By Period
In the year-to-date period, IBOT achieves a 7.28% return, which is significantly lower than SMH's 38.70% return.
IBOT
7.28%
-1.78%
-2.96%
18.40%
N/A
N/A
SMH
38.70%
-4.07%
2.51%
50.18%
33.07%
28.01%
Key characteristics
| IBOT | SMH | |
|---|---|---|
| Sharpe Ratio | 0.85 | 1.39 |
| Sortino Ratio | 1.27 | 1.90 |
| Omega Ratio | 1.16 | 1.25 |
| Calmar Ratio | 1.15 | 1.93 |
| Martin Ratio | 3.28 | 5.19 |
| Ulcer Index | 5.37% | 9.24% |
| Daily Std Dev | 20.63% | 34.45% |
| Max Drawdown | -19.16% | -95.73% |
| Current Drawdown | -9.42% | -13.77% |
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IBOT vs. SMH - Expense Ratio Comparison
IBOT has a 0.47% expense ratio, which is higher than SMH's 0.35% expense ratio.
Correlation
The correlation between IBOT and SMH is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IBOT vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Robotics ETF (IBOT) 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
IBOT vs. SMH - Dividend Comparison
IBOT's dividend yield for the trailing twelve months is around 1.92%, more than SMH's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBOT VanEck Robotics ETF | 1.92% | 2.06% | 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
IBOT vs. SMH - Drawdown Comparison
The maximum IBOT drawdown since its inception was -19.16%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for IBOT and SMH. For additional features, visit the drawdowns tool.
Volatility
IBOT vs. SMH - Volatility Comparison
The current volatility for VanEck Robotics ETF (IBOT) is 4.96%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 8.33%. This indicates that IBOT experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.