IBTL.L vs. SMH
Compare and contrast key facts about iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IBTL.L) and VanEck Vectors Semiconductor ETF (SMH).
IBTL.L and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBTL.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Government TR USD. It was launched on Jan 20, 2015. 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 IBTL.L 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: IBTL.L or SMH.
Key characteristics
| IBTL.L | SMH | |
|---|---|---|
| YTD Return | -6.69% | 44.03% |
| 1Y Return | 0.14% | 62.09% |
| 3Y Return (Ann) | -13.37% | 20.37% |
| 5Y Return (Ann) | -7.87% | 33.67% |
| Sharpe Ratio | -0.05 | 1.78 |
| Sortino Ratio | 0.03 | 2.29 |
| Omega Ratio | 1.00 | 1.30 |
| Calmar Ratio | -0.01 | 2.46 |
| Martin Ratio | -0.10 | 6.77 |
| Ulcer Index | 6.00% | 9.02% |
| Daily Std Dev | 13.66% | 34.35% |
| Max Drawdown | -51.49% | -95.73% |
| Current Drawdown | -49.30% | -10.46% |
Correlation
The correlation between IBTL.L and SMH is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
IBTL.L vs. SMH - Performance Comparison
In the year-to-date period, IBTL.L achieves a -6.69% return, which is significantly lower than SMH's 44.03% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBTL.L vs. SMH - Expense Ratio Comparison
IBTL.L has a 0.07% expense ratio, which is lower than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
IBTL.L vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IBTL.L) 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
IBTL.L vs. SMH - Dividend Comparison
IBTL.L's dividend yield for the trailing twelve months is around 4.34%, more than SMH's 0.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBTL.L iShares USD Treasury Bond 20+yr UCITS ETF (Dist) | 4.34% | 3.82% | 2.95% | 1.73% | 1.86% | 2.54% | 2.75% | 2.66% | 2.42% | 2.07% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.41% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
IBTL.L vs. SMH - Drawdown Comparison
The maximum IBTL.L drawdown since its inception was -51.49%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for IBTL.L and SMH. For additional features, visit the drawdowns tool.
Volatility
IBTL.L vs. SMH - Volatility Comparison
The current volatility for iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IBTL.L) is 4.84%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 9.39%. This indicates that IBTL.L 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.