SMGB.L vs. SOXX
Compare and contrast key facts about VanEck Semiconductor UCITS ETF (SMGB.L) and iShares PHLX Semiconductor ETF (SOXX).
SMGB.L and SOXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMGB.L is a passively managed fund by VanEck that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 1, 2020. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001. Both SMGB.L and SOXX 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: SMGB.L or SOXX.
Key characteristics
| SMGB.L | SOXX | |
|---|---|---|
| YTD Return | 17.99% | 16.31% |
| 1Y Return | 37.08% | 35.99% |
| 3Y Return (Ann) | 17.95% | 13.30% |
| Sharpe Ratio | 1.43 | 1.09 |
| Daily Std Dev | 28.62% | 33.76% |
| Max Drawdown | -35.48% | -70.21% |
| Current Drawdown | -18.17% | -16.06% |
Correlation
The correlation between SMGB.L and SOXX is 0.67, 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
SMGB.L vs. SOXX - Performance Comparison
In the year-to-date period, SMGB.L achieves a 17.99% return, which is significantly higher than SOXX's 16.31% 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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SMGB.L vs. SOXX - Expense Ratio Comparison
SMGB.L has a 0.35% expense ratio, which is lower than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
SMGB.L vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Semiconductor UCITS ETF (SMGB.L) and iShares PHLX Semiconductor ETF (SOXX). 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
SMGB.L vs. SOXX - Dividend Comparison
SMGB.L has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMGB.L VanEck Semiconductor UCITS ETF | 0.00% | 0.00% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXX iShares PHLX Semiconductor ETF | 0.66% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
Drawdowns
SMGB.L vs. SOXX - Drawdown Comparison
The maximum SMGB.L drawdown since its inception was -35.48%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for SMGB.L and SOXX. For additional features, visit the drawdowns tool.
Volatility
SMGB.L vs. SOXX - Volatility Comparison
The current volatility for VanEck Semiconductor UCITS ETF (SMGB.L) is 9.83%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 12.72%. This indicates that SMGB.L experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.