SHY vs. VVSM.DE
SHY (iShares 1-3 Year Treasury Bond ETF) and VVSM.DE (VanEck Semiconductor UCITS ETF) are both exchange-traded funds - SHY is a Government Bonds fund tracking the ICE US Treasury 1-3 Year Index, while VVSM.DE is a Semiconductors fund tracking the MVIS US Listed Semiconductor 10% Capped ESG Index. Both are passively managed. Over the past 5 years, SHY returned 1.70%/yr vs 35.05%/yr for VVSM.DE. At a 0.02 correlation, their price movements are largely independent. SHY charges 0.15%/yr vs 0.35%/yr for VVSM.DE.
Performance
SHY vs. VVSM.DE - Performance Comparison
Loading charts...
Different Trading Currencies
SHY is traded in USD, while VVSM.DE is traded in EUR. To make them comparable, the VVSM.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SHY achieves a 0.39% return, which is significantly lower than VVSM.DE's 71.32% return.
SHY
- 1D
- 0.05%
- 1M
- -0.14%
- YTD
- 0.39%
- 6M
- 0.84%
- 1Y
- 3.30%
- 3Y*
- 4.06%
- 5Y*
- 1.70%
- 10Y*
- 1.64%
VVSM.DE
- 1D
- -3.42%
- 1M
- 5.13%
- YTD
- 71.32%
- 6M
- 69.76%
- 1Y
- 145.93%
- 3Y*
- 56.71%
- 5Y*
- 35.05%
- 10Y*
- —
SHY vs. VVSM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SHY iShares 1-3 Year Treasury Bond ETF | 0.39% | 4.95% | 3.92% | 4.16% | -3.88% | -0.71% | 0.04% |
VVSM.DE VanEck Semiconductor UCITS ETF | 71.32% | 50.40% | 23.95% | 75.57% | -36.50% | 45.89% | -14.19% |
Correlation
The correlation between SHY and VVSM.DE is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2020 | 0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SHY vs. VVSM.DE — Risk / Return Rank
SHY
VVSM.DE
SHY vs. VVSM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 1-3 Year Treasury Bond ETF (SHY) and VanEck Semiconductor UCITS ETF (VVSM.DE). 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.
| SHY | VVSM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.59 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 10.36 | -6.63 |
| Martin ratioReturn relative to average drawdown | 14.94 | 37.27 | -22.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SHY | VVSM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 4.38 | -1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 1.07 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.05 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.28 | 0.93 | +0.35 |
Drawdowns
SHY vs. VVSM.DE - Drawdown Comparison
The maximum SHY drawdown since its inception was -5.71%, smaller than the maximum VVSM.DE drawdown of -45.83%. Use the drawdown chart below to compare losses from any high point for SHY and VVSM.DE.
Loading charts...
Drawdown Indicators
| SHY | VVSM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.71% | -45.83% | +40.12% |
Max Drawdown (1Y)Largest decline over 1 year | -0.89% | -14.00% | +13.11% |
Max Drawdown (3Y)Largest decline over 3 years | -0.97% | -36.86% | +35.89% |
Max Drawdown (5Y)Largest decline over 5 years | -5.71% | -45.83% | +40.12% |
Max Drawdown (10Y)Largest decline over 10 years | -5.71% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -9.30% | +8.96% |
Average DrawdownAverage peak-to-trough decline | -0.52% | -11.72% | +11.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.22% | 3.90% | -3.68% |
Volatility
SHY vs. VVSM.DE - Volatility Comparison
The current volatility for iShares 1-3 Year Treasury Bond ETF (SHY) is 0.37%, while VanEck Semiconductor UCITS ETF (VVSM.DE) has a volatility of 13.95%. This indicates that SHY experiences smaller price fluctuations and is considered to be less risky than VVSM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SHY | VVSM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | 13.95% | -13.58% |
Volatility (6M)Calculated over the trailing 6-month period | 0.95% | 26.36% | -25.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.33% | 33.14% | -31.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.99% | 32.47% | -30.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.57% | 32.93% | -31.36% |
SHY vs. VVSM.DE - Expense Ratio Comparison
SHY has a 0.15% expense ratio, which is lower than VVSM.DE's 0.35% expense ratio.
Dividends
SHY vs. VVSM.DE - Dividend Comparison
SHY's dividend yield for the trailing twelve months is around 3.69%, while VVSM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHY iShares 1-3 Year Treasury Bond ETF | 3.69% | 3.81% | 3.92% | 2.99% | 1.30% | 0.26% | 0.94% | 2.12% | 1.72% | 0.98% | 0.71% | 0.54% |
VVSM.DE VanEck Semiconductor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SHY and VVSM.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SHY is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SHY is cheaper with a 0.15% expense ratio, compared with 0.35% for VVSM.DE.
SHY is categorized as Government Bonds, while VVSM.DE is Semiconductors. SHY tracks ICE US Treasury 1-3 Year Index, while VVSM.DE tracks MVIS US Listed Semiconductor 10% Capped ESG Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.15% for SHY and 0.35% for VVSM.DE.
Find the right allocation for SHY and VVSM.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer