SIMO vs. SMH
Compare and contrast key facts about Silicon Motion Technology Corporation (SIMO) 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: SIMO or SMH.
Key characteristics
| SIMO | SMH | |
|---|---|---|
| YTD Return | -5.02% | 22.95% |
| 1Y Return | 9.92% | 42.93% |
| 3Y Return (Ann) | -7.84% | 17.98% |
| 5Y Return (Ann) | 13.99% | 32.22% |
| 10Y Return (Ann) | 9.90% | 26.93% |
| Sharpe Ratio | 0.32 | 1.19 |
| Daily Std Dev | 31.16% | 33.51% |
| Max Drawdown | -93.19% | -95.73% |
| Current Drawdown | -37.60% | -23.56% |
Correlation
The correlation between SIMO and SMH is 0.47, 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.
Performance
SIMO vs. SMH - Performance Comparison
In the year-to-date period, SIMO achieves a -5.02% return, which is significantly lower than SMH's 22.95% return. Over the past 10 years, SIMO has underperformed SMH with an annualized return of 9.90%, while SMH has yielded a comparatively higher 26.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SIMO vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Silicon Motion Technology Corporation (SIMO) 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
SIMO vs. SMH - Dividend Comparison
SIMO's dividend yield for the trailing twelve months is around 3.51%, more than SMH's 0.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIMO Silicon Motion Technology Corporation | 3.51% | 0.82% | 2.31% | 1.63% | 2.91% | 2.46% | 3.48% | 1.70% | 1.53% | 1.91% | 2.54% | 4.24% |
SMH VanEck Vectors Semiconductor ETF | 0.48% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
SIMO vs. SMH - Drawdown Comparison
The maximum SIMO drawdown since its inception was -93.19%, roughly equal to the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for SIMO and SMH. For additional features, visit the drawdowns tool.
Volatility
SIMO vs. SMH - Volatility Comparison
The current volatility for Silicon Motion Technology Corporation (SIMO) is 13.30%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 14.13%. This indicates that SIMO experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.