JPRE vs. SMH
Compare and contrast key facts about JPMorgan Realty Income ETF (JPRE) and VanEck Vectors Semiconductor ETF (SMH).
JPRE and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPRE is an actively managed fund by JPMorgan. It was launched on Dec 31, 1997. 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: JPRE or SMH.
Key characteristics
| JPRE | SMH | |
|---|---|---|
| YTD Return | 15.13% | 32.13% |
| 1Y Return | 27.93% | 59.18% |
| Sharpe Ratio | 1.55 | 1.71 |
| Daily Std Dev | 17.55% | 33.76% |
| Max Drawdown | -23.84% | -95.73% |
| Current Drawdown | -1.19% | -17.85% |
Correlation
The correlation between JPRE and SMH is 0.40, 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
JPRE vs. SMH - Performance Comparison
In the year-to-date period, JPRE achieves a 15.13% return, which is significantly lower than SMH's 32.13% 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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JPRE vs. SMH - Expense Ratio Comparison
JPRE has a 0.50% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
JPRE vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Realty Income ETF (JPRE) 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
JPRE vs. SMH - Dividend Comparison
JPRE's dividend yield for the trailing twelve months is around 1.58%, more than SMH's 0.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPRE JPMorgan Realty Income ETF | 1.58% | 3.26% | 10.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.45% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
JPRE vs. SMH - Drawdown Comparison
The maximum JPRE drawdown since its inception was -23.84%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for JPRE and SMH. For additional features, visit the drawdowns tool.
Volatility
JPRE vs. SMH - Volatility Comparison
The current volatility for JPMorgan Realty Income ETF (JPRE) is 2.89%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 12.44%. This indicates that JPRE 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.