MCHP vs. SMH
Compare and contrast key facts about Microchip Technology Incorporated (MCHP) and VanEck Vectors Semiconductor ETF (SMH).
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: MCHP or SMH.
Correlation
The correlation between MCHP and SMH is 0.64, 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.
Performance
MCHP vs. SMH - Performance Comparison
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Key characteristics
MCHP:
-0.57
SMH:
0.15
MCHP:
-0.57
SMH:
0.59
MCHP:
0.92
SMH:
1.08
MCHP:
-0.52
SMH:
0.25
MCHP:
-0.98
SMH:
0.59
MCHP:
33.94%
SMH:
15.31%
MCHP:
59.34%
SMH:
43.25%
MCHP:
-63.77%
SMH:
-83.29%
MCHP:
-37.24%
SMH:
-12.00%
Returns By Period
In the year-to-date period, MCHP achieves a 7.53% return, which is significantly higher than SMH's 1.75% return. Over the past 10 years, MCHP has underperformed SMH with an annualized return of 11.83%, while SMH has yielded a comparatively higher 25.43% annualized return.
MCHP
7.53%
61.29%
-1.22%
-33.44%
9.87%
11.83%
SMH
1.75%
26.79%
3.15%
6.59%
31.28%
25.43%
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Risk-Adjusted Performance
MCHP vs. SMH — Risk-Adjusted Performance Rank
MCHP
SMH
MCHP vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) 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.
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Dividends
MCHP vs. SMH - Dividend Comparison
MCHP's dividend yield for the trailing twelve months is around 2.97%, more than SMH's 0.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 2.97% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.08% | 3.16% |
SMH VanEck Vectors Semiconductor ETF | 0.43% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
MCHP vs. SMH - Drawdown Comparison
The maximum MCHP drawdown since its inception was -63.77%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for MCHP and SMH. For additional features, visit the drawdowns tool.
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Volatility
MCHP vs. SMH - Volatility Comparison
Microchip Technology Incorporated (MCHP) has a higher volatility of 18.75% compared to VanEck Vectors Semiconductor ETF (SMH) at 9.76%. This indicates that MCHP'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.
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