SMH vs. LSMC.DE

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Semiconductor ETF (SMH) and Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE).

SMH and LSMC.DE 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. LSMC.DE is a passively managed fund by Amundi that tracks the performance of the MSCI ACWI Semiconductors & Semiconductor Equipment ESG Filtered NET USD Index. It was launched on Jul 3, 2020. Both SMH and LSMC.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SMH vs. LSMC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Semiconductor ETF (SMH) and Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE). The values are adjusted to include any dividend payments, if applicable.

SMH vs. LSMC.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMH VanEck Semiconductor ETF	8.84%	49.17%	39.10%	73.38%	-33.53%	42.13%	55.53%	64.45%	-9.05%	38.48%
LSMC.DE Amundi MSCI Semiconductors ESG Screened UCITS ETF	6.59%	49.69%	57.01%	79.97%	-38.26%	26.71%	35.05%	36.78%	-10.16%	28.25%

Different Trading Currencies

SMH is traded in USD, while LSMC.DE is traded in EUR. To make them comparable, the LSMC.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SMH achieves a 8.84% return, which is significantly higher than LSMC.DE's 6.59% return. Over the past 10 years, SMH has outperformed LSMC.DE with an annualized return of 31.58%, while LSMC.DE has yielded a comparatively lower 23.56% annualized return.

SMH

• 1D: 2.24%
• 1M: -3.55%
• YTD: 8.84%
• 6M: 17.83%
• 1Y: 85.04%
• 3Y*: 44.53%
• 5Y*: 26.15%
• 10Y*: 31.58%

LSMC.DE

• 1D: 5.46%
• 1M: -3.61%
• YTD: 6.59%
• 6M: 16.98%
• 1Y: 90.18%
• 3Y*: 50.70%
• 5Y*: 25.27%
• 10Y*: 23.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SMH vs. LSMC.DE - Expense Ratio Comparison

SMH has a 0.35% expense ratio, which is lower than LSMC.DE's 0.45% expense ratio.

LSMC.DE

Amundi MSCI Semiconductors ESG Screened UCITS ETF

SMH

VanEck Semiconductor ETF

Return for Risk

SMH vs. LSMC.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SMH

SMH Risk / Return Rank: 95
SMH Sharpe Ratio Rank: 94
SMH Sortino Ratio Rank: 93
SMH Omega Ratio Rank: 92
SMH Calmar Ratio Rank: 97
SMH Martin Ratio Rank: 97

LSMC.DE

LSMC.DE Risk / Return Rank: 93
LSMC.DE Sharpe Ratio Rank: 93
LSMC.DE Sortino Ratio Rank: 91
LSMC.DE Omega Ratio Rank: 87
LSMC.DE Calmar Ratio Rank: 98
LSMC.DE Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SMH vs. LSMC.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Semiconductor ETF (SMH) and Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.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.

	SMH	LSMC.DE	Difference
Sharpe ratio Return per unit of total volatility	2.32	2.61	-0.29
Sortino ratio Return per unit of downside risk	2.92	3.14	-0.22
Omega ratio Gain probability vs. loss probability	1.41	1.41	0.00
Calmar ratio Return relative to maximum drawdown	5.39	5.94	-0.56
Martin ratio Return relative to average drawdown	19.22	21.09	-1.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMH vs. LSMC.DE - Sharpe Ratio Comparison

The current SMH Sharpe Ratio is 2.32, which is comparable to the LSMC.DE Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of SMH and LSMC.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SMH	LSMC.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	2.61	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.78	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.98	0.88	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.64	-0.36

Correlation

The correlation between SMH and LSMC.DE is 0.52, 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.

Dividends

SMH vs. LSMC.DE - Dividend Comparison

SMH's dividend yield for the trailing twelve months is around 0.28%, while LSMC.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SMH VanEck Semiconductor ETF	0.28%	0.31%	0.44%	0.60%	1.18%	0.51%	0.69%	1.50%	1.88%	1.43%	0.80%	2.14%
LSMC.DE Amundi MSCI Semiconductors ESG Screened 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%

Drawdowns

SMH vs. LSMC.DE - Drawdown Comparison

The maximum SMH drawdown since its inception was -84.96%, which is greater than LSMC.DE's maximum drawdown of -47.64%. Use the drawdown chart below to compare losses from any high point for SMH and LSMC.DE.

Drawdown Indicators

	SMH	LSMC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-84.96%	-39.77%	-45.19%
Max Drawdown (1Y) Largest decline over 1 year	-15.95%	-15.54%	-0.41%
Max Drawdown (5Y) Largest decline over 5 years	-45.30%	-39.77%	-5.53%
Max Drawdown (10Y) Largest decline over 10 years	-45.30%	-39.77%	-5.53%
Current Drawdown Current decline from peak	-8.02%	-7.15%	-0.87%
Average Drawdown Average peak-to-trough decline	-41.35%	-9.45%	-31.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.47%	4.02%	+0.45%

Volatility

SMH vs. LSMC.DE - Volatility Comparison

VanEck Semiconductor ETF (SMH) has a higher volatility of 11.74% compared to Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE) at 9.55%. This indicates that SMH's price experiences larger fluctuations and is considered to be riskier than LSMC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMH	LSMC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.74%	9.55%	+2.19%
Volatility (6M) Calculated over the trailing 6-month period	24.02%	22.63%	+1.39%
Volatility (1Y) Calculated over the trailing 1-year period	36.88%	34.36%	+2.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.68%	32.17%	+2.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.29%	26.57%	+5.72%