MOON vs. SMH
Compare and contrast key facts about Direxion Moonshot Innovators ETF (MOON) and VanEck Vectors Semiconductor ETF (SMH).
MOON and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOON is a passively managed fund by Direxion that tracks the performance of the S&P Kensho Moonshots Index. It was launched on Nov 12, 2020. 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. Both MOON and SMH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOON or SMH.
Key characteristics
| MOON | SMH |
|---|
Correlation
The correlation between MOON and SMH is 0.56, 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
MOON vs. SMH - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MOON vs. SMH - Expense Ratio Comparison
MOON has a 0.65% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
MOON vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Moonshot Innovators ETF (MOON) 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
MOON vs. SMH - Dividend Comparison
MOON has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOON Direxion Moonshot Innovators ETF | 100.82% | 1.41% | 0.00% | 1.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
MOON vs. SMH - Drawdown Comparison
Volatility
MOON vs. SMH - Volatility Comparison
The current volatility for Direxion Moonshot Innovators ETF (MOON) is 0.00%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 7.71%. This indicates that MOON 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.