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

Correlation

The correlation between PNR and SMH is 0.47, 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.


-0.50.00.51.00.5

Performance

PNR vs. SMH - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
27.97%
-10.01%
PNR
SMH

Key characteristics

Sharpe Ratio

PNR:

1.74

SMH:

1.14

Sortino Ratio

PNR:

2.39

SMH:

1.63

Omega Ratio

PNR:

1.31

SMH:

1.21

Calmar Ratio

PNR:

3.39

SMH:

1.60

Martin Ratio

PNR:

9.93

SMH:

4.01

Ulcer Index

PNR:

4.36%

SMH:

9.87%

Daily Std Dev

PNR:

24.90%

SMH:

34.89%

Max Drawdown

PNR:

-58.95%

SMH:

-95.73%

Current Drawdown

PNR:

-7.54%

SMH:

-13.97%

Returns By Period

In the year-to-date period, PNR achieves a 40.47% return, which is significantly higher than SMH's 38.38% return. Over the past 10 years, PNR has underperformed SMH with an annualized return of 10.41%, while SMH has yielded a comparatively higher 27.66% annualized return.


PNR

YTD

40.47%

1M

-3.60%

6M

27.97%

1Y

44.71%

5Y*

19.08%

10Y*

10.41%

SMH

YTD

38.38%

1M

0.19%

6M

-12.56%

1Y

39.14%

5Y*

30.59%

10Y*

27.66%

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Risk-Adjusted Performance

PNR vs. SMH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pentair plc (PNR) 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.


Sharpe ratio
The chart of Sharpe ratio for PNR, currently valued at 1.74, compared to the broader market-4.00-2.000.002.001.741.12
The chart of Sortino ratio for PNR, currently valued at 2.39, compared to the broader market-4.00-2.000.002.004.002.391.62
The chart of Omega ratio for PNR, currently valued at 1.31, compared to the broader market0.501.001.502.001.311.21
The chart of Calmar ratio for PNR, currently valued at 3.39, compared to the broader market0.002.004.006.003.391.58
The chart of Martin ratio for PNR, currently valued at 9.93, compared to the broader market0.0010.0020.009.933.95
PNR
SMH

The current PNR Sharpe Ratio is 1.74, which is higher than the SMH Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of PNR 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.74
1.12
PNR
SMH

Dividends

PNR vs. SMH - Dividend Comparison

PNR's dividend yield for the trailing twelve months is around 0.91%, while SMH has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PNR
Pentair plc
0.91%1.21%1.87%1.10%1.43%1.57%2.17%1.95%2.39%2.58%1.66%1.24%
SMH
VanEck Vectors Semiconductor ETF
0.00%0.60%2.37%1.02%1.38%6.00%3.75%2.85%1.61%4.28%2.31%3.11%

Drawdowns

PNR vs. SMH - Drawdown Comparison

The maximum PNR drawdown since its inception was -58.95%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for PNR and SMH. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.54%
-13.97%
PNR
SMH

Volatility

PNR vs. SMH - Volatility Comparison

The current volatility for Pentair plc (PNR) is 5.80%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 7.57%. This indicates that PNR 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%JulyAugustSeptemberOctoberNovemberDecember
5.80%
7.57%
PNR
SMH
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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