LGH vs. SMH
Compare and contrast key facts about HCM Defender 500 Index ETF (LGH) and VanEck Vectors Semiconductor ETF (SMH).
LGH and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LGH is a passively managed fund by Howard Capital Management that tracks the performance of the HCM Defender 500 Index. It was launched on Oct 10, 2019. 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 LGH 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: LGH or SMH.
Performance
LGH vs. SMH - Performance Comparison
Returns By Period
In the year-to-date period, LGH achieves a 28.87% return, which is significantly lower than SMH's 40.73% return.
LGH
28.87%
2.26%
13.15%
36.69%
15.06%
N/A
SMH
40.73%
-2.22%
2.62%
52.72%
33.43%
28.10%
Key characteristics
| LGH | SMH | |
|---|---|---|
| Sharpe Ratio | 2.27 | 1.52 |
| Sortino Ratio | 2.93 | 2.03 |
| Omega Ratio | 1.41 | 1.27 |
| Calmar Ratio | 2.26 | 2.11 |
| Martin Ratio | 11.09 | 5.65 |
| Ulcer Index | 3.38% | 9.27% |
| Daily Std Dev | 16.48% | 34.43% |
| Max Drawdown | -29.60% | -95.73% |
| Current Drawdown | -1.21% | -12.50% |
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LGH vs. SMH - Expense Ratio Comparison
LGH has a 1.23% expense ratio, which is higher than SMH's 0.35% expense ratio.
Correlation
The correlation between LGH and SMH is 0.75, 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
LGH vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Defender 500 Index ETF (LGH) 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
LGH vs. SMH - Dividend Comparison
LGH's dividend yield for the trailing twelve months is around 0.49%, more than SMH's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGH HCM Defender 500 Index ETF | 0.49% | 0.63% | 0.61% | 0.14% | 0.23% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
LGH vs. SMH - Drawdown Comparison
The maximum LGH drawdown since its inception was -29.60%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for LGH and SMH. For additional features, visit the drawdowns tool.
Volatility
LGH vs. SMH - Volatility Comparison
The current volatility for HCM Defender 500 Index ETF (LGH) is 5.61%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 8.43%. This indicates that LGH 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.