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SMH vs. XSD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SMH and XSD is 0.91, 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.


-0.50.00.51.00.9

Performance

SMH vs. XSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Semiconductor ETF (SMH) and SPDR S&P Semiconductor ETF (XSD). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
-2.56%
4.91%
SMH
XSD

Key characteristics

Sharpe Ratio

SMH:

1.26

XSD:

0.40

Sortino Ratio

SMH:

1.77

XSD:

0.76

Omega Ratio

SMH:

1.23

XSD:

1.09

Calmar Ratio

SMH:

1.77

XSD:

0.52

Martin Ratio

SMH:

4.40

XSD:

1.36

Ulcer Index

SMH:

9.97%

XSD:

10.11%

Daily Std Dev

SMH:

34.91%

XSD:

34.44%

Max Drawdown

SMH:

-95.73%

XSD:

-64.56%

Current Drawdown

SMH:

-11.39%

XSD:

-6.94%

Returns By Period

In the year-to-date period, SMH achieves a 42.52% return, which is significantly higher than XSD's 13.53% return. Over the past 10 years, SMH has outperformed XSD with an annualized return of 27.69%, while XSD has yielded a comparatively lower 20.89% annualized return.


SMH

YTD

42.52%

1M

1.88%

6M

-2.56%

1Y

43.83%

5Y*

29.94%

10Y*

27.69%

XSD

YTD

13.53%

1M

5.70%

6M

4.91%

1Y

13.10%

5Y*

19.42%

10Y*

20.89%

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. XSD - Expense Ratio Comparison

Both SMH and XSD have an expense ratio of 0.35%.


SMH
VanEck Vectors Semiconductor ETF
Expense ratio chart for SMH: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for XSD: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

SMH vs. XSD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Semiconductor ETF (SMH) and SPDR S&P Semiconductor ETF (XSD). 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.


Sharpe ratio
The chart of Sharpe ratio for SMH, currently valued at 1.26, compared to the broader market0.002.004.001.260.40
The chart of Sortino ratio for SMH, currently valued at 1.77, compared to the broader market-2.000.002.004.006.008.0010.001.770.76
The chart of Omega ratio for SMH, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.09
The chart of Calmar ratio for SMH, currently valued at 1.77, compared to the broader market0.005.0010.0015.001.770.52
The chart of Martin ratio for SMH, currently valued at 4.40, compared to the broader market0.0020.0040.0060.0080.00100.004.401.36
SMH
XSD

The current SMH Sharpe Ratio is 1.26, which is higher than the XSD Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of SMH and XSD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.26
0.40
SMH
XSD

Dividends

SMH vs. XSD - Dividend Comparison

SMH has not paid dividends to shareholders, while XSD's dividend yield for the trailing twelve months is around 0.19%.


TTM20232022202120202019201820172016201520142013
SMH
VanEck Vectors Semiconductor ETF
0.00%0.60%2.37%1.02%1.38%6.00%3.75%2.85%1.61%4.28%2.31%3.11%
XSD
SPDR S&P Semiconductor ETF
0.19%0.31%0.44%0.10%0.26%0.51%1.16%0.59%0.64%0.58%0.46%0.52%

Drawdowns

SMH vs. XSD - Drawdown Comparison

The maximum SMH drawdown since its inception was -95.73%, which is greater than XSD's maximum drawdown of -64.56%. Use the drawdown chart below to compare losses from any high point for SMH and XSD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.39%
-6.94%
SMH
XSD

Volatility

SMH vs. XSD - Volatility Comparison

The current volatility for VanEck Vectors Semiconductor ETF (SMH) is 8.15%, while SPDR S&P Semiconductor ETF (XSD) has a volatility of 9.54%. This indicates that SMH experiences smaller price fluctuations and is considered to be less risky than XSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
8.15%
9.54%
SMH
XSD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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