PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SANA vs. SMH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SANASMH
YTD Return-7.84%39.69%
1Y Return6.52%64.36%
3Y Return (Ann)-45.29%19.78%
Sharpe Ratio0.231.99
Sortino Ratio1.082.48
Omega Ratio1.131.33
Calmar Ratio0.242.75
Martin Ratio0.587.66
Ulcer Index38.33%8.90%
Daily Std Dev95.00%34.34%
Max Drawdown-93.56%-95.73%
Current Drawdown-91.36%-13.15%

Correlation

-0.50.00.51.00.3

The correlation between SANA and SMH is 0.33, 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

SANA vs. SMH - Performance Comparison

In the year-to-date period, SANA achieves a -7.84% return, which is significantly lower than SMH's 39.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-62.41%
9.70%
SANA
SMH

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

SANA vs. SMH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sana Biotechnology, Inc. (SANA) 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.


SANA
Sharpe ratio
The chart of Sharpe ratio for SANA, currently valued at 0.23, compared to the broader market-4.00-2.000.002.000.23
Sortino ratio
The chart of Sortino ratio for SANA, currently valued at 1.08, compared to the broader market-4.00-2.000.002.004.001.08
Omega ratio
The chart of Omega ratio for SANA, currently valued at 1.13, compared to the broader market0.501.001.502.001.13
Calmar ratio
The chart of Calmar ratio for SANA, currently valued at 0.24, compared to the broader market0.002.004.006.000.24
Martin ratio
The chart of Martin ratio for SANA, currently valued at 0.58, compared to the broader market-10.000.0010.0020.0030.000.58
SMH
Sharpe ratio
The chart of Sharpe ratio for SMH, currently valued at 1.99, compared to the broader market-4.00-2.000.002.001.99
Sortino ratio
The chart of Sortino ratio for SMH, currently valued at 2.48, compared to the broader market-4.00-2.000.002.004.002.48
Omega ratio
The chart of Omega ratio for SMH, currently valued at 1.33, compared to the broader market0.501.001.502.001.33
Calmar ratio
The chart of Calmar ratio for SMH, currently valued at 2.75, compared to the broader market0.002.004.006.002.75
Martin ratio
The chart of Martin ratio for SMH, currently valued at 7.66, compared to the broader market-10.000.0010.0020.0030.007.66

SANA vs. SMH - Sharpe Ratio Comparison

The current SANA Sharpe Ratio is 0.23, which is lower than the SMH Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of SANA 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 Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.23
1.99
SANA
SMH

Dividends

SANA vs. SMH - Dividend Comparison

SANA has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
SANA
Sana Biotechnology, 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

SANA vs. SMH - Drawdown Comparison

The maximum SANA drawdown since its inception was -93.56%, roughly equal to the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for SANA and SMH. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-91.36%
-13.15%
SANA
SMH

Volatility

SANA vs. SMH - Volatility Comparison

Sana Biotechnology, Inc. (SANA) has a higher volatility of 16.00% compared to VanEck Vectors Semiconductor ETF (SMH) at 8.65%. This indicates that SANA'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.


10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
16.00%
8.65%
SANA
SMH