PRAX vs. SMH
Compare and contrast key facts about Praxis Precision Medicines, Inc. (PRAX) 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: PRAX or SMH.
Correlation
The correlation between PRAX and SMH is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PRAX vs. SMH - Performance Comparison
Key characteristics
PRAX:
1.40
SMH:
0.76
PRAX:
2.09
SMH:
1.19
PRAX:
1.25
SMH:
1.16
PRAX:
1.00
SMH:
1.11
PRAX:
5.83
SMH:
2.55
PRAX:
16.48%
SMH:
10.80%
PRAX:
68.59%
SMH:
36.21%
PRAX:
-98.66%
SMH:
-83.29%
PRAX:
-91.02%
SMH:
-8.10%
Returns By Period
In the year-to-date period, PRAX achieves a 5.35% return, which is significantly lower than SMH's 6.26% return.
PRAX
5.35%
14.94%
51.72%
101.69%
N/A
N/A
SMH
6.26%
-0.35%
3.13%
30.69%
29.77%
26.14%
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Risk-Adjusted Performance
PRAX vs. SMH — Risk-Adjusted Performance Rank
PRAX
SMH
PRAX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Praxis Precision Medicines, Inc. (PRAX) 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
PRAX vs. SMH - Dividend Comparison
PRAX has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRAX Praxis Precision Medicines, 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 | 0.42% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
PRAX vs. SMH - Drawdown Comparison
The maximum PRAX drawdown since its inception was -98.66%, which is greater than SMH's maximum drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for PRAX and SMH. For additional features, visit the drawdowns tool.
Volatility
PRAX vs. SMH - Volatility Comparison
Praxis Precision Medicines, Inc. (PRAX) has a higher volatility of 22.20% compared to VanEck Vectors Semiconductor ETF (SMH) at 12.44%. This indicates that PRAX'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.