QRVO vs. SMH
Compare and contrast key facts about Qorvo, Inc. (QRVO) 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: QRVO or SMH.
Performance
QRVO vs. SMH - Performance Comparison
Returns By Period
In the year-to-date period, QRVO achieves a -41.74% return, which is significantly lower than SMH's 37.22% return. Over the past 10 years, QRVO has underperformed SMH with an annualized return of 1.78%, while SMH has yielded a comparatively higher 28.12% annualized return.
QRVO
-41.74%
-36.91%
-33.34%
-30.10%
-8.77%
1.78%
SMH
37.22%
-2.98%
4.21%
49.18%
32.05%
28.12%
Key characteristics
| QRVO | SMH | |
|---|---|---|
| Sharpe Ratio | -0.69 | 1.44 |
| Sortino Ratio | -0.67 | 1.95 |
| Omega Ratio | 0.89 | 1.26 |
| Calmar Ratio | -0.38 | 2.00 |
| Martin Ratio | -1.96 | 5.45 |
| Ulcer Index | 15.88% | 9.13% |
| Daily Std Dev | 45.25% | 34.45% |
| Max Drawdown | -99.18% | -95.73% |
| Current Drawdown | -81.25% | -14.69% |
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Correlation
The correlation between QRVO and SMH is 0.66, 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.
Risk-Adjusted Performance
QRVO vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Qorvo, Inc. (QRVO) 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
QRVO vs. SMH - Dividend Comparison
QRVO has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QRVO Qorvo, 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 | 0.43% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
QRVO vs. SMH - Drawdown Comparison
The maximum QRVO drawdown since its inception was -99.18%, roughly equal to the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for QRVO and SMH. For additional features, visit the drawdowns tool.
Volatility
QRVO vs. SMH - Volatility Comparison
Qorvo, Inc. (QRVO) has a higher volatility of 31.75% compared to VanEck Vectors Semiconductor ETF (SMH) at 8.20%. This indicates that QRVO'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.