SMH vs. FSELX
Compare and contrast key facts about VanEck Vectors Semiconductor ETF (SMH) and Fidelity Select Semiconductors Portfolio (FSELX).
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. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMH or FSELX.
Performance
SMH vs. FSELX - Performance Comparison
Returns By Period
In the year-to-date period, SMH achieves a 40.73% return, which is significantly lower than FSELX's 43.01% return. Over the past 10 years, SMH has outperformed FSELX with an annualized return of 28.10%, while FSELX has yielded a comparatively lower 18.24% annualized return.
SMH
40.73%
-2.22%
2.62%
52.72%
33.43%
28.10%
FSELX
43.01%
-1.59%
4.90%
46.28%
24.26%
18.24%
Key characteristics
| SMH | FSELX | |
|---|---|---|
| Sharpe Ratio | 1.52 | 1.27 |
| Sortino Ratio | 2.03 | 1.79 |
| Omega Ratio | 1.27 | 1.23 |
| Calmar Ratio | 2.11 | 1.88 |
| Martin Ratio | 5.65 | 5.31 |
| Ulcer Index | 9.27% | 8.64% |
| Daily Std Dev | 34.43% | 36.03% |
| Max Drawdown | -95.73% | -81.70% |
| Current Drawdown | -12.50% | -8.38% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SMH vs. FSELX - Expense Ratio Comparison
SMH has a 0.35% expense ratio, which is lower than FSELX's 0.68% expense ratio.
Correlation
The correlation between SMH and FSELX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
SMH vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Semiconductor ETF (SMH) and Fidelity Select Semiconductors Portfolio (FSELX). 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
SMH vs. FSELX - Dividend Comparison
SMH's dividend yield for the trailing twelve months is around 0.42%, more than FSELX's 0.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
FSELX Fidelity Select Semiconductors Portfolio | 0.07% | 0.10% | 0.18% | 0.04% | 0.51% | 0.76% | 0.76% | 1.04% | 0.71% | 16.31% | 3.48% | 0.61% |
Drawdowns
SMH vs. FSELX - Drawdown Comparison
The maximum SMH drawdown since its inception was -95.73%, which is greater than FSELX's maximum drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for SMH and FSELX. For additional features, visit the drawdowns tool.
Volatility
SMH vs. FSELX - Volatility Comparison
The current volatility for VanEck Vectors Semiconductor ETF (SMH) is 8.43%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.60%. This indicates that SMH experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.