QTOP vs. SMHX
Compare and contrast key facts about iShares Nasdaq Top 30 Stocks ETF (QTOP) and VanEck Fabless Semiconductor ETF (SMHX).
QTOP and SMHX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QTOP is a passively managed fund by iShares that tracks the performance of the Nasdaq-100 Top 30 Index. It was launched on Oct 23, 2024. SMHX is a passively managed fund by VanEck that tracks the performance of the MarketVector™ US Listed Fabless Semiconductor Index. It was launched on Aug 27, 2024. Both QTOP and SMHX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QTOP or SMHX.
Correlation
The correlation between QTOP and SMHX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QTOP vs. SMHX - Performance Comparison
Key characteristics
QTOP:
30.68%
SMHX:
49.13%
QTOP:
-23.28%
SMHX:
-38.53%
QTOP:
-11.42%
SMHX:
-23.13%
Returns By Period
In the year-to-date period, QTOP achieves a -7.20% return, which is significantly higher than SMHX's -16.06% return.
QTOP
-7.20%
13.47%
-1.52%
N/A
N/A
N/A
SMHX
-16.06%
24.29%
-9.70%
N/A
N/A
N/A
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QTOP vs. SMHX - Expense Ratio Comparison
QTOP has a 0.20% expense ratio, which is lower than SMHX's 0.35% expense ratio.
Risk-Adjusted Performance
QTOP vs. SMHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Top 30 Stocks ETF (QTOP) and VanEck Fabless Semiconductor ETF (SMHX). 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.
Not enough dataDividends
QTOP vs. SMHX - Dividend Comparison
QTOP's dividend yield for the trailing twelve months is around 0.23%, more than SMHX's 0.04% yield.
| TTM | 2024 | |
|---|---|---|
QTOP iShares Nasdaq Top 30 Stocks ETF | 0.23% | 0.11% |
SMHX VanEck Fabless Semiconductor ETF | 0.04% | 0.04% |
Drawdowns
QTOP vs. SMHX - Drawdown Comparison
The maximum QTOP drawdown since its inception was -23.28%, smaller than the maximum SMHX drawdown of -38.53%. Use the drawdown chart below to compare losses from any high point for QTOP and SMHX. For additional features, visit the drawdowns tool.
Volatility
QTOP vs. SMHX - Volatility Comparison
The current volatility for iShares Nasdaq Top 30 Stocks ETF (QTOP) is 14.22%, while VanEck Fabless Semiconductor ETF (SMHX) has a volatility of 21.59%. This indicates that QTOP experiences smaller price fluctuations and is considered to be less risky than SMHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.