Correlation
The correlation between SMH and ARKK 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.
SMH vs. ARKK
Compare and contrast key facts about VanEck Vectors Semiconductor ETF (SMH) and ARK Innovation ETF (ARKK).
SMH and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ARKK is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMH or ARKK.
Performance
SMH vs. ARKK - Performance Comparison
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Key characteristics
SMH:
-0.01
ARKK:
0.64
SMH:
0.36
ARKK:
1.04
SMH:
1.05
ARKK:
1.13
SMH:
0.05
ARKK:
0.32
SMH:
0.11
ARKK:
1.73
SMH:
15.43%
ARKK:
13.90%
SMH:
43.24%
ARKK:
44.82%
SMH:
-83.29%
ARKK:
-80.91%
SMH:
-15.21%
ARKK:
-63.90%
Returns By Period
In the year-to-date period, SMH achieves a -1.95% return, which is significantly lower than ARKK's -1.23% return. Over the past 10 years, SMH has outperformed ARKK with an annualized return of 24.93%, while ARKK has yielded a comparatively lower 11.17% annualized return.
SMH
-1.95%
12.02%
-2.12%
-2.36%
29.41%
28.91%
24.93%
ARKK
-1.23%
9.94%
-1.68%
26.34%
12.66%
-1.82%
11.17%
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SMH vs. ARKK - Expense Ratio Comparison
SMH has a 0.35% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
SMH vs. ARKK — Risk-Adjusted Performance Rank
SMH
ARKK
SMH vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Semiconductor ETF (SMH) and ARK Innovation ETF (ARKK). 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.
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Dividends
SMH vs. ARKK - Dividend Comparison
SMH's dividend yield for the trailing twelve months is around 0.45%, while ARKK has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMH VanEck Vectors Semiconductor ETF | 0.45% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% |
Drawdowns
SMH vs. ARKK - Drawdown Comparison
The maximum SMH drawdown since its inception was -83.29%, roughly equal to the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for SMH and ARKK.
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Volatility
SMH vs. ARKK - Volatility Comparison
The current volatility for VanEck Vectors Semiconductor ETF (SMH) is 8.32%, while ARK Innovation ETF (ARKK) has a volatility of 11.65%. This indicates that SMH experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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