NEFSX vs. SMH
Compare and contrast key facts about Natixis Funds Trust I U.S. Equity Opportunities Fund (NEFSX) and VanEck Semiconductor ETF (SMH).
NEFSX is managed by Natixis. It was launched on Jul 7, 1994. 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.
Performance
NEFSX vs. SMH - Performance Comparison
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NEFSX vs. SMH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEFSX Natixis Funds Trust I U.S. Equity Opportunities Fund | -9.40% | 17.23% | 25.79% | 37.13% | -21.15% | 23.21% | 22.12% | 31.08% | -6.67% | 26.28% |
SMH VanEck Semiconductor ETF | 6.46% | 49.17% | 39.10% | 73.38% | -33.53% | 42.13% | 55.53% | 64.45% | -9.05% | 38.48% |
Returns By Period
In the year-to-date period, NEFSX achieves a -9.40% return, which is significantly lower than SMH's 6.46% return. Over the past 10 years, NEFSX has underperformed SMH with an annualized return of 14.19%, while SMH has yielded a comparatively higher 31.28% annualized return.
NEFSX
- 1D
- 0.19%
- 1M
- -7.24%
- YTD
- -9.40%
- 6M
- -7.38%
- 1Y
- 9.45%
- 3Y*
- 17.64%
- 5Y*
- 10.37%
- 10Y*
- 14.19%
SMH
- 1D
- 5.76%
- 1M
- -5.65%
- YTD
- 6.46%
- 6M
- 17.84%
- 1Y
- 81.87%
- 3Y*
- 43.47%
- 5Y*
- 25.59%
- 10Y*
- 31.28%
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NEFSX vs. SMH - Expense Ratio Comparison
NEFSX has a 1.14% expense ratio, which is higher than SMH's 0.35% expense ratio.
Return for Risk
NEFSX vs. SMH — Risk / Return Rank
NEFSX
SMH
NEFSX vs. SMH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Natixis Funds Trust I U.S. Equity Opportunities Fund (NEFSX) and VanEck 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.
| NEFSX | SMH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.46 | 2.23 | -1.78 |
Sortino ratioReturn per unit of downside risk | 0.83 | 2.85 | -2.02 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.40 | -0.29 |
Calmar ratioReturn relative to maximum drawdown | 0.13 | 5.10 | -4.97 |
Martin ratioReturn relative to average drawdown | 0.44 | 18.29 | -17.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEFSX | SMH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 2.23 | -1.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.74 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.97 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.28 | +0.30 |
Correlation
The correlation between NEFSX and SMH is 0.74, 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.
Dividends
NEFSX vs. SMH - Dividend Comparison
NEFSX's dividend yield for the trailing twelve months is around 6.54%, more than SMH's 0.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEFSX Natixis Funds Trust I U.S. Equity Opportunities Fund | 6.54% | 5.92% | 6.38% | 8.13% | 18.10% | 11.12% | 13.07% | 10.85% | 11.18% | 3.55% | 1.88% | 5.09% |
SMH VanEck Semiconductor ETF | 0.29% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
Drawdowns
NEFSX vs. SMH - Drawdown Comparison
The maximum NEFSX drawdown since its inception was -55.83%, smaller than the maximum SMH drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for NEFSX and SMH.
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Drawdown Indicators
| NEFSX | SMH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.83% | -84.96% | +29.13% |
Max Drawdown (1Y)Largest decline over 1 year | -12.85% | -15.95% | +3.10% |
Max Drawdown (5Y)Largest decline over 5 years | -30.08% | -45.30% | +15.22% |
Max Drawdown (10Y)Largest decline over 10 years | -32.27% | -45.30% | +13.03% |
Current DrawdownCurrent decline from peak | -11.04% | -10.03% | -1.01% |
Average DrawdownAverage peak-to-trough decline | -11.79% | -41.36% | +29.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.56% | 4.44% | +1.12% |
Volatility
NEFSX vs. SMH - Volatility Comparison
The current volatility for Natixis Funds Trust I U.S. Equity Opportunities Fund (NEFSX) is 4.10%, while VanEck Semiconductor ETF (SMH) has a volatility of 12.11%. This indicates that NEFSX 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.
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Volatility by Period
| NEFSX | SMH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 12.11% | -8.01% |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | 23.95% | -14.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.14% | 36.84% | -15.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.60% | 34.71% | -15.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.70% | 32.28% | -12.58% |