ONTO vs. SMH
Compare and contrast key facts about Onto Innovation Inc. (ONTO) 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: ONTO or SMH.
Key characteristics
| ONTO | SMH | |
|---|---|---|
| YTD Return | 52.80% | 33.76% |
| 1Y Return | 144.13% | 86.62% |
| 3Y Return (Ann) | 57.45% | 27.80% |
| 5Y Return (Ann) | 49.58% | 37.94% |
| 10Y Return (Ann) | 30.83% | 29.94% |
| Sharpe Ratio | 3.29 | 3.03 |
| Daily Std Dev | 45.55% | 28.58% |
| Max Drawdown | -98.56% | -95.73% |
| Current Drawdown | 0.00% | -0.12% |
Correlation
The correlation between ONTO and SMH is 0.54, 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
ONTO vs. SMH - Performance Comparison
In the year-to-date period, ONTO achieves a 52.80% return, which is significantly higher than SMH's 33.76% return. Both investments have delivered pretty close results over the past 10 years, with ONTO having a 30.83% annualized return and SMH not far behind at 29.94%. 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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Risk-Adjusted Performance
ONTO vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Onto Innovation Inc. (ONTO) 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
ONTO vs. SMH - Dividend Comparison
ONTO has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ONTO Onto Innovation Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.45% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
ONTO vs. SMH - Drawdown Comparison
The maximum ONTO drawdown since its inception was -98.56%, roughly equal to the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for ONTO and SMH. For additional features, visit the drawdowns tool.
Volatility
ONTO vs. SMH - Volatility Comparison
Onto Innovation Inc. (ONTO) has a higher volatility of 14.39% compared to VanEck Vectors Semiconductor ETF (SMH) at 10.02%. This indicates that ONTO'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.