LIFE.L vs. SMH.L
LIFE.L (Rize Environmental Impact 100 UCITS ETF) and SMH.L (VanEck Semiconductor UCITS ETF) are both exchange-traded funds - LIFE.L is a Global Equities fund tracking the Rize Environmental Impact 100 UCITS ETF, while SMH.L is a Semiconductors fund tracking the MarketVector US Listed Semiconductor 10% Capped Screened Index. Both are passively managed. Over the past 5 years, LIFE.L returned 5.24%/yr vs 35.65%/yr for SMH.L. A 0.66 correlation means they provide meaningful diversification when combined. LIFE.L charges 0.55%/yr vs 0.35%/yr for SMH.L.
Performance
LIFE.L vs. SMH.L - Performance Comparison
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Returns By Period
In the year-to-date period, LIFE.L achieves a 10.44% return, which is significantly lower than SMH.L's 76.50% return.
LIFE.L
- 1D
- -0.24%
- 1M
- -3.60%
- 6M
- 5.80%
- YTD
- 10.44%
- 1Y
- 17.23%
- 3Y*
- 8.49%
- 5Y*
- 5.24%
- 10Y*
- —
SMH.L
- 1D
- -3.48%
- 1M
- -8.87%
- 6M
- 62.90%
- YTD
- 76.50%
- 1Y
- 124.23%
- 3Y*
- 54.24%
- 5Y*
- 35.65%
- 10Y*
- —
LIFE.L vs. SMH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LIFE.L Rize Environmental Impact 100 UCITS ETF | 10.44% | 25.27% | -4.01% | 15.12% | -20.54% | 4.83% |
SMH.L VanEck Semiconductor UCITS ETF | 76.50% | 49.20% | 24.11% | 75.94% | -35.54% | 18.84% |
Correlation
The correlation between LIFE.L and SMH.L is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2021 | 0.66 |
The correlation between LIFE.L and SMH.L has been stable across timeframes, ranging from 0.58 to 0.66 - a consistent structural relationship.
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Return for Risk
LIFE.L vs. SMH.L — Risk / Return Rank
LIFE.L
SMH.L
LIFE.L vs. SMH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rize Environmental Impact 100 UCITS ETF (LIFE.L) and VanEck Semiconductor UCITS ETF (SMH.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LIFE.L | SMH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.29 | ||
| Sortino ratioReturn per unit of downside risk | -2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.47 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 8.88 | -7.15 |
| Martin ratioReturn relative to average drawdown | 4.93 | 27.77 | -22.84 |
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Drawdowns
LIFE.L vs. SMH.L - Drawdown Comparison
The maximum LIFE.L drawdown since its inception was -34.57%, smaller than the maximum SMH.L drawdown of -45.38%. Use the drawdown chart below to compare losses from any high point for LIFE.L and SMH.L.
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Drawdown Indicators
| LIFE.L | SMH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.57% | -45.38% | +10.81% |
Max Drawdown (1Y)Largest decline over 1 year | -10.58% | -13.91% | +3.33% |
Max Drawdown (3Y)Largest decline over 3 years | -22.00% | -36.25% | +14.25% |
Max Drawdown (5Y)Largest decline over 5 years | -34.57% | -45.38% | +10.81% |
Current DrawdownCurrent decline from peak | -6.32% | -11.91% | +5.59% |
Average DrawdownAverage peak-to-trough decline | -12.67% | -11.12% | -1.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.71% | 4.46% | -0.75% |
Volatility
LIFE.L vs. SMH.L - Volatility Comparison
The current volatility for Rize Environmental Impact 100 UCITS ETF (LIFE.L) is 4.93%, while VanEck Semiconductor UCITS ETF (SMH.L) has a volatility of 16.26%. This indicates that LIFE.L experiences smaller price fluctuations and is considered to be less risky than SMH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LIFE.L | SMH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 16.26% | -11.33% |
Volatility (6M)Calculated over the trailing 6-month period | 14.24% | 30.80% | -16.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.34% | 36.96% | -19.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.47% | 33.56% | -14.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.45% | 32.93% | -13.48% |
LIFE.L vs. SMH.L - Expense Ratio Comparison
LIFE.L has a 0.55% expense ratio, which is higher than SMH.L's 0.35% expense ratio.
Dividends
LIFE.L vs. SMH.L - Dividend Comparison
Neither LIFE.L nor SMH.L has paid dividends to shareholders.
Frequently Asked Questions
LIFE.L and SMH.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SMH.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SMH.L is cheaper with a 0.35% expense ratio, compared with 0.55% for LIFE.L.
LIFE.L is categorized as Global Equities, while SMH.L is Semiconductors. LIFE.L tracks Rize Environmental Impact 100 UCITS ETF, while SMH.L tracks MarketVector US Listed Semiconductor 10% Capped Screened Index. They also come from different issuers: Rize ETF and VanEck. Their fees differ too: 0.55% for LIFE.L and 0.35% for SMH.L.
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