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

Correlation

The correlation between NTAP and SMH is 0.59, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

NTAP vs. SMH - Performance Comparison

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

0.00%200.00%400.00%600.00%800.00%1,000.00%NovemberDecember2025FebruaryMarchApril
68.03%
742.65%
NTAP
SMH

Key characteristics

Sharpe Ratio

NTAP:

-0.30

SMH:

-0.01

Sortino Ratio

NTAP:

-0.17

SMH:

0.28

Omega Ratio

NTAP:

0.98

SMH:

1.04

Calmar Ratio

NTAP:

-0.26

SMH:

-0.01

Martin Ratio

NTAP:

-0.72

SMH:

-0.03

Ulcer Index

NTAP:

15.68%

SMH:

14.69%

Daily Std Dev

NTAP:

37.42%

SMH:

42.97%

Max Drawdown

NTAP:

-96.21%

SMH:

-83.29%

Current Drawdown

NTAP:

-33.74%

SMH:

-24.90%

Returns By Period

In the year-to-date period, NTAP achieves a -23.48% return, which is significantly lower than SMH's -13.16% return. Over the past 10 years, NTAP has underperformed SMH with an annualized return of 12.00%, while SMH has yielded a comparatively higher 23.56% annualized return.


NTAP

YTD

-23.48%

1M

0.03%

6M

-26.74%

1Y

-12.61%

5Y*

18.14%

10Y*

12.00%

SMH

YTD

-13.16%

1M

-0.89%

6M

-17.79%

1Y

-3.28%

5Y*

26.73%

10Y*

23.56%

*Annualized

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Risk-Adjusted Performance

NTAP vs. SMH — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NTAP
The Risk-Adjusted Performance Rank of NTAP is 3434
Overall Rank
The Sharpe Ratio Rank of NTAP is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of NTAP is 3232
Sortino Ratio Rank
The Omega Ratio Rank of NTAP is 3232
Omega Ratio Rank
The Calmar Ratio Rank of NTAP is 3535
Calmar Ratio Rank
The Martin Ratio Rank of NTAP is 3737
Martin Ratio Rank

SMH
The Risk-Adjusted Performance Rank of SMH is 2424
Overall Rank
The Sharpe Ratio Rank of SMH is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of SMH is 3030
Sortino Ratio Rank
The Omega Ratio Rank of SMH is 2929
Omega Ratio Rank
The Calmar Ratio Rank of SMH is 2020
Calmar Ratio Rank
The Martin Ratio Rank of SMH is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NTAP vs. SMH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NetApp, Inc. (NTAP) 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.


The chart of Sharpe ratio for NTAP, currently valued at -0.30, compared to the broader market-2.00-1.000.001.002.003.00
NTAP: -0.30
SMH: -0.01
The chart of Sortino ratio for NTAP, currently valued at -0.17, compared to the broader market-6.00-4.00-2.000.002.004.00
NTAP: -0.17
SMH: 0.28
The chart of Omega ratio for NTAP, currently valued at 0.98, compared to the broader market0.501.001.502.00
NTAP: 0.98
SMH: 1.04
The chart of Calmar ratio for NTAP, currently valued at -0.26, compared to the broader market0.001.002.003.004.005.00
NTAP: -0.26
SMH: -0.01
The chart of Martin ratio for NTAP, currently valued at -0.72, compared to the broader market-5.000.005.0010.0015.0020.00
NTAP: -0.72
SMH: -0.03

The current NTAP Sharpe Ratio is -0.30, which is lower than the SMH Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of NTAP 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 Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.30
-0.01
NTAP
SMH

Dividends

NTAP vs. SMH - Dividend Comparison

NTAP's dividend yield for the trailing twelve months is around 2.37%, more than SMH's 0.51% yield.


TTM20242023202220212020201920182017201620152014
NTAP
NetApp, Inc.
2.37%1.76%2.27%3.33%2.13%2.90%2.83%2.01%1.41%2.10%2.60%1.52%
SMH
VanEck Vectors Semiconductor ETF
0.51%0.44%0.60%1.18%0.51%0.69%1.50%1.88%1.43%0.80%2.14%1.16%

Drawdowns

NTAP vs. SMH - Drawdown Comparison

The maximum NTAP drawdown since its inception was -96.21%, which is greater than SMH's maximum drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for NTAP and SMH. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-33.74%
-24.90%
NTAP
SMH

Volatility

NTAP vs. SMH - Volatility Comparison

The current volatility for NetApp, Inc. (NTAP) is 19.40%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 23.73%. This indicates that NTAP 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.


5.00%10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
19.40%
23.73%
NTAP
SMH