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MANH vs. SMH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MANH and SMH is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

MANH vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Manhattan Associates, Inc. (MANH) and VanEck Vectors Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
16.28%
-4.79%
MANH
SMH

Key characteristics

Sharpe Ratio

MANH:

0.85

SMH:

1.26

Sortino Ratio

MANH:

1.35

SMH:

1.77

Omega Ratio

MANH:

1.18

SMH:

1.23

Calmar Ratio

MANH:

1.19

SMH:

1.77

Martin Ratio

MANH:

2.87

SMH:

4.40

Ulcer Index

MANH:

9.35%

SMH:

9.97%

Daily Std Dev

MANH:

31.72%

SMH:

34.91%

Max Drawdown

MANH:

-87.04%

SMH:

-95.73%

Current Drawdown

MANH:

-9.99%

SMH:

-11.39%

Returns By Period

In the year-to-date period, MANH achieves a 29.49% return, which is significantly lower than SMH's 42.52% return. Over the past 10 years, MANH has underperformed SMH with an annualized return of 21.21%, while SMH has yielded a comparatively higher 27.69% annualized return.


MANH

YTD

29.49%

1M

-0.56%

6M

15.47%

1Y

26.62%

5Y*

28.55%

10Y*

21.21%

SMH

YTD

42.52%

1M

1.88%

6M

-2.56%

1Y

43.83%

5Y*

29.94%

10Y*

27.69%

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Risk-Adjusted Performance

MANH vs. SMH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Manhattan Associates, Inc. (MANH) 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.


Sharpe ratio
The chart of Sharpe ratio for MANH, currently valued at 0.85, compared to the broader market-4.00-2.000.002.000.851.26
The chart of Sortino ratio for MANH, currently valued at 1.35, compared to the broader market-4.00-2.000.002.004.001.351.77
The chart of Omega ratio for MANH, currently valued at 1.18, compared to the broader market0.501.001.502.001.181.23
The chart of Calmar ratio for MANH, currently valued at 1.19, compared to the broader market0.002.004.006.001.191.77
The chart of Martin ratio for MANH, currently valued at 2.87, compared to the broader market-5.000.005.0010.0015.0020.0025.002.874.40
MANH
SMH

The current MANH Sharpe Ratio is 0.85, which is lower than the SMH Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of MANH and SMH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.85
1.26
MANH
SMH

Dividends

MANH vs. SMH - Dividend Comparison

Neither MANH nor SMH has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
MANH
Manhattan Associates, 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
0.00%0.60%2.37%1.02%1.38%6.00%3.75%2.85%1.61%4.28%2.31%3.11%

Drawdowns

MANH vs. SMH - Drawdown Comparison

The maximum MANH drawdown since its inception was -87.04%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for MANH and SMH. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.99%
-11.39%
MANH
SMH

Volatility

MANH vs. SMH - Volatility Comparison

Manhattan Associates, Inc. (MANH) has a higher volatility of 9.97% compared to VanEck Vectors Semiconductor ETF (SMH) at 8.15%. This indicates that MANH's price experiences larger fluctuations and is considered to be riskier than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
9.97%
8.15%
MANH
SMH
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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