MWMIX vs. SMH
Compare and contrast key facts about VanEck Morningstar Wide Moat Fund (MWMIX) and VanEck Vectors Semiconductor ETF (SMH).
MWMIX is managed by VanEck. It was launched on Nov 6, 2017. 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: MWMIX or SMH.
Key characteristics
| MWMIX | SMH | |
|---|---|---|
| YTD Return | 14.01% | 49.27% |
| 1Y Return | 30.23% | 73.41% |
| 3Y Return (Ann) | 8.60% | 21.67% |
| 5Y Return (Ann) | 13.78% | 34.55% |
| Sharpe Ratio | 2.49 | 2.15 |
| Sortino Ratio | 3.44 | 2.63 |
| Omega Ratio | 1.45 | 1.35 |
| Calmar Ratio | 2.66 | 2.98 |
| Martin Ratio | 13.24 | 8.26 |
| Ulcer Index | 2.26% | 8.96% |
| Daily Std Dev | 12.02% | 34.45% |
| Max Drawdown | -33.03% | -95.73% |
| Current Drawdown | -0.78% | -7.20% |
Correlation
The correlation between MWMIX and SMH is 0.70, 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
MWMIX vs. SMH - Performance Comparison
In the year-to-date period, MWMIX achieves a 14.01% return, which is significantly lower than SMH's 49.27% return. 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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MWMIX vs. SMH - Expense Ratio Comparison
MWMIX has a 0.59% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
MWMIX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat Fund (MWMIX) 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
MWMIX vs. SMH - Dividend Comparison
MWMIX's dividend yield for the trailing twelve months is around 0.67%, more than SMH's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWMIX VanEck Morningstar Wide Moat Fund | 0.67% | 0.77% | 1.15% | 1.13% | 1.55% | 1.57% | 2.01% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.40% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
MWMIX vs. SMH - Drawdown Comparison
The maximum MWMIX drawdown since its inception was -33.03%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for MWMIX and SMH. For additional features, visit the drawdowns tool.
Volatility
MWMIX vs. SMH - Volatility Comparison
The current volatility for VanEck Morningstar Wide Moat Fund (MWMIX) is 2.65%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 9.29%. This indicates that MWMIX 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.