LLY vs. SMH
LLY (Eli Lilly and Company) is a stock, while SMH (VanEck Semiconductor ETF) is Semiconductors fund tracking the MVIS US Listed Semiconductor 25 Index. Over the past 10 years, LLY returned 32.12%/yr vs 34.16%/yr for SMH. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
LLY vs. SMH - Performance Comparison
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Returns By Period
In the year-to-date period, LLY achieves a 7.26% return, which is significantly lower than SMH's 50.09% return. Over the past 10 years, LLY has underperformed SMH with an annualized return of 32.12%, while SMH has yielded a comparatively higher 34.16% annualized return.
LLY
- 1D
- -0.53%
- 1M
- -3.60%
- 6M
- 11.14%
- YTD
- 7.26%
- 1Y
- 56.33%
- 3Y*
- 37.33%
- 5Y*
- 37.67%
- 10Y*
- 32.12%
- ALL TIME*
- 16.04%
SMH
- 1D
- 0.30%
- 1M
- -12.88%
- 6M
- 33.97%
- YTD
- 50.09%
- 1Y
- 87.76%
- 3Y*
- 50.56%
- 5Y*
- 33.46%
- 10Y*
- 34.16%
- ALL TIME*
- 11.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.62B | $2.84B | $3.35B | |
| $8.28B | $7.64B | $7.07B |
LLY vs. SMH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LLY Eli Lilly and Company | 7.26% | 40.25% | 33.30% | 60.91% | 34.26% | 66.08% | 31.04% | 16.14% | 40.45% | 17.83% |
SMH VanEck Semiconductor ETF | 50.09% | 49.17% | 39.10% | 73.38% | -33.53% | 42.13% | 55.53% | 64.45% | -9.05% | 38.48% |
Correlation
The correlation between LLY and SMH is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2000 | 0.28 |
The correlation between LLY and SMH shifts across timeframes, from -0.01 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LLY vs. SMH — Risk / Return Rank
LLY
SMH
LLY vs. SMH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eli Lilly and Company (LLY) and VanEck 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.
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.
| LLY | SMH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.36 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 3.58 | -1.14 |
| Martin ratioReturn relative to average drawdown | 6.60 | 14.64 | -8.04 |
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Drawdowns
LLY vs. SMH - Drawdown Comparison
The maximum LLY drawdown since its inception was -68.24%, smaller than the maximum SMH drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for LLY and SMH.
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Drawdown Indicators
| LLY | SMH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.24% | -84.96% | +16.72% |
Max Drawdown (1Y)Largest decline over 1 year | -23.18% | -24.62% | +1.44% |
Max Drawdown (3Y)Largest decline over 3 years | -34.48% | -35.74% | +1.26% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -45.30% | +10.82% |
Max Drawdown (10Y)Largest decline over 10 years | -34.48% | -45.30% | +10.82% |
Current DrawdownCurrent decline from peak | -7.02% | -19.19% | +12.17% |
Average DrawdownAverage peak-to-trough decline | -19.17% | -40.89% | +21.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.56% | 6.01% | +2.55% |
Volatility
LLY vs. SMH - Volatility Comparison
The current volatility for Eli Lilly and Company (LLY) is 8.88%, while VanEck Semiconductor ETF (SMH) has a volatility of 14.70%. This indicates that LLY 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.
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Volatility by Period
| LLY | SMH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.88% | 14.70% | -5.82% |
Volatility (6M)Calculated over the trailing 6-month period | 27.69% | 33.13% | -5.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.37% | 38.57% | -0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.64% | 36.50% | -3.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.37% | 33.32% | -2.95% |
Dividends
LLY vs. SMH - Dividend Comparison
LLY's dividend yield for the trailing twelve months is around 0.56%, more than SMH's 0.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLY Eli Lilly and Company | 0.56% | 0.56% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% |
SMH VanEck Semiconductor ETF | 0.20% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
Frequently Asked Questions
LLY and SMH have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMH has higher volatility (14.70%) compared to LLY (8.88%). In terms of maximum drawdown, LLY dropped -68.24% vs SMH's -84.96%.
SMH currently has the higher Sharpe Ratio (2.29 vs 1.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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