KALV vs. SMH
Compare and contrast key facts about KalVista Pharmaceuticals, Inc. (KALV) 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: KALV or SMH.
Correlation
The correlation between KALV and SMH is 0.23, 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
KALV vs. SMH - Performance Comparison
Key characteristics
KALV:
-0.53
SMH:
0.74
KALV:
-0.53
SMH:
1.16
KALV:
0.94
SMH:
1.15
KALV:
-0.34
SMH:
1.07
KALV:
-1.16
SMH:
2.46
KALV:
27.59%
SMH:
10.79%
KALV:
60.64%
SMH:
36.29%
KALV:
-96.68%
SMH:
-83.29%
KALV:
-92.27%
SMH:
-8.50%
Returns By Period
In the year-to-date period, KALV achieves a 15.47% return, which is significantly higher than SMH's 5.80% return.
KALV
15.47%
17.83%
-21.85%
-34.19%
-7.15%
N/A
SMH
5.80%
-0.79%
3.75%
27.56%
28.88%
26.10%
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Risk-Adjusted Performance
KALV vs. SMH — Risk-Adjusted Performance Rank
KALV
SMH
KALV vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KalVista Pharmaceuticals, Inc. (KALV) 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
KALV vs. SMH - Dividend Comparison
KALV has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KALV KalVista Pharmaceuticals, 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% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
KALV vs. SMH - Drawdown Comparison
The maximum KALV drawdown since its inception was -96.68%, which is greater than SMH's maximum drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for KALV and SMH. For additional features, visit the drawdowns tool.
Volatility
KALV vs. SMH - Volatility Comparison
The current volatility for KalVista Pharmaceuticals, Inc. (KALV) is 11.23%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 12.66%. This indicates that KALV 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.