PNR vs. SMH
PNR (Pentair plc) is a stock, while SMH (VanEck Semiconductor ETF) is Semiconductors fund tracking the MVIS US Listed Semiconductor 25 Index. Over the past 10 years, PNR returned 6.44%/yr vs 34.16%/yr for SMH. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
PNR vs. SMH - Performance Comparison
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Returns By Period
In the year-to-date period, PNR achieves a -36.54% return, which is significantly lower than SMH's 50.09% return. Over the past 10 years, PNR has underperformed SMH with an annualized return of 6.44%, while SMH has yielded a comparatively higher 34.16% annualized return.
PNR
- 1D
- -1.10%
- 1M
- -14.33%
- 6M
- -37.43%
- YTD
- -36.54%
- 1Y
- -34.17%
- 3Y*
- -1.03%
- 5Y*
- -1.04%
- 10Y*
- 6.44%
- ALL TIME*
- 9.74%
SMH
- 1D
- 0.30%
- 1M
- -8.74%
- 6M
- 33.97%
- YTD
- 50.09%
- 1Y
- 90.95%
- 3Y*
- 50.56%
- 5Y*
- 33.46%
- 10Y*
- 34.16%
- ALL TIME*
- 11.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
PNR Pentair plc | $226.28M | $246.20M | $191.89M |
| $8.28B | $7.64B | $7.07B |
PNR vs. SMH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNR Pentair plc | -36.54% | 4.53% | 40.00% | 64.16% | -37.38% | 39.24% | 17.89% | 23.68% | -18.87% | 28.67% |
SMH VanEck Semiconductor ETF | 50.09% | 49.17% | 39.10% | 73.38% | -33.53% | 42.13% | 55.53% | 64.45% | -9.05% | 38.48% |
Correlation
The correlation between PNR and SMH is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.47 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2000 | 0.46 |
The correlation between PNR and SMH shifts across timeframes, from 0.32 (1 year) to 0.47 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
PNR vs. SMH — Risk / Return Rank
PNR
SMH
PNR vs. SMH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pentair plc (PNR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PNR | SMH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.38 | ||
| Sortino ratioReturn per unit of downside risk | -4.09 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.36 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | 3.58 | -4.37 |
| Martin ratioReturn relative to average drawdown | -1.74 | 14.64 | -16.39 |
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Drawdowns
PNR vs. SMH - Drawdown Comparison
The maximum PNR drawdown since its inception was -77.65%, smaller than the maximum SMH drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for PNR and SMH.
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Drawdown Indicators
| PNR | SMH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.65% | -84.96% | +7.31% |
Max Drawdown (1Y)Largest decline over 1 year | -44.97% | -24.62% | -20.35% |
Max Drawdown (3Y)Largest decline over 3 years | -44.97% | -35.74% | -9.23% |
Max Drawdown (5Y)Largest decline over 5 years | -50.47% | -45.30% | -5.17% |
Max Drawdown (10Y)Largest decline over 10 years | -52.34% | -45.30% | -7.04% |
Current DrawdownCurrent decline from peak | -41.17% | -19.19% | -21.98% |
Average DrawdownAverage peak-to-trough decline | -19.49% | -40.89% | +21.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.19% | 6.01% | +14.18% |
Volatility
PNR vs. SMH - Volatility Comparison
Pentair plc (PNR) has a higher volatility of 19.09% compared to VanEck Semiconductor ETF (SMH) at 14.70%. This indicates that PNR'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.
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Volatility by Period
| PNR | SMH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.09% | 14.70% | +4.39% |
Volatility (6M)Calculated over the trailing 6-month period | 29.29% | 33.13% | -3.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.57% | 38.57% | -6.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.79% | 36.50% | -6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.74% | 33.32% | -3.58% |
Dividends
PNR vs. SMH - Dividend Comparison
PNR's dividend yield for the trailing twelve months is around 1.62%, more than SMH's 0.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNR Pentair plc | 1.62% | 0.96% | 0.91% | 1.21% | 1.87% | 1.10% | 1.43% | 1.57% | 2.17% | 1.95% | 2.39% | 2.58% |
SMH VanEck Semiconductor ETF | 0.20% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
Frequently Asked Questions
PNR and SMH have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PNR has higher volatility (19.09%) compared to SMH (14.70%). In terms of maximum drawdown, PNR dropped -77.65% vs SMH's -84.96%.
SMH currently has the higher Sharpe Ratio (2.29 vs -1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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