MAGSX vs. SMH
Compare and contrast key facts about Madison Aggressive Allocation Fund (MAGSX) and VanEck Vectors Semiconductor ETF (SMH).
MAGSX is managed by Madison Funds. It was launched on Jun 29, 2006. 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: MAGSX or SMH.
Key characteristics
| MAGSX | SMH | |
|---|---|---|
| YTD Return | 4.97% | 27.67% |
| 1Y Return | 13.30% | 82.75% |
| 3Y Return (Ann) | 1.10% | 25.91% |
| 5Y Return (Ann) | 5.41% | 35.74% |
| 10Y Return (Ann) | 5.80% | 29.37% |
| Sharpe Ratio | 1.60 | 2.89 |
| Daily Std Dev | 8.21% | 28.57% |
| Max Drawdown | -56.42% | -95.73% |
| Current Drawdown | -0.78% | -4.66% |
Correlation
The correlation between MAGSX and SMH is 0.73, 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.
Performance
MAGSX vs. SMH - Performance Comparison
In the year-to-date period, MAGSX achieves a 4.97% return, which is significantly lower than SMH's 27.67% return. Over the past 10 years, MAGSX has underperformed SMH with an annualized return of 5.80%, while SMH has yielded a comparatively higher 29.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MAGSX vs. SMH - Expense Ratio Comparison
MAGSX has a 0.71% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
MAGSX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Aggressive Allocation Fund (MAGSX) 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
MAGSX vs. SMH - Dividend Comparison
MAGSX's dividend yield for the trailing twelve months is around 1.80%, more than SMH's 0.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGSX Madison Aggressive Allocation Fund | 1.80% | 1.89% | 1.26% | 9.97% | 8.66% | 5.42% | 10.79% | 5.89% | 3.82% | 9.57% | 9.71% | 0.34% |
SMH VanEck Vectors Semiconductor ETF | 0.47% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
MAGSX vs. SMH - Drawdown Comparison
The maximum MAGSX drawdown since its inception was -56.42%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for MAGSX and SMH. For additional features, visit the drawdowns tool.
Volatility
MAGSX vs. SMH - Volatility Comparison
The current volatility for Madison Aggressive Allocation Fund (MAGSX) is 2.47%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 9.67%. This indicates that MAGSX 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.