SMHB vs. FVD
Compare and contrast key facts about ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) and First Trust Value Line Dividend Index (FVD).
SMHB and FVD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMHB is a passively managed fund by UBS that tracks the performance of the Solactive US Small Cap High Dividend Index (200%). It was launched on Nov 8, 2018. FVD is a passively managed fund by First Trust that tracks the performance of the Value Line Dividend Index. It was launched on Aug 26, 2003. Both SMHB and FVD 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: SMHB or FVD.
Correlation
The correlation between SMHB and FVD is 0.68, 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
SMHB vs. FVD - Performance Comparison
Key characteristics
SMHB:
0.23
FVD:
1.34
SMHB:
0.59
FVD:
1.91
SMHB:
1.07
FVD:
1.24
SMHB:
0.21
FVD:
1.63
SMHB:
0.88
FVD:
4.83
SMHB:
10.10%
FVD:
2.76%
SMHB:
38.79%
FVD:
10.01%
SMHB:
-90.13%
FVD:
-50.99%
SMHB:
-34.11%
FVD:
-3.14%
Returns By Period
In the year-to-date period, SMHB achieves a 8.46% return, which is significantly higher than FVD's 3.02% return.
SMHB
8.46%
4.55%
4.29%
11.24%
-6.37%
N/A
FVD
3.02%
0.78%
3.61%
12.62%
6.58%
8.74%
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SMHB vs. FVD - Expense Ratio Comparison
SMHB has a 0.85% expense ratio, which is higher than FVD's 0.70% expense ratio.
Risk-Adjusted Performance
SMHB vs. FVD — Risk-Adjusted Performance Rank
SMHB
FVD
SMHB vs. FVD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) and First Trust Value Line Dividend Index (FVD). 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
SMHB vs. FVD - Dividend Comparison
SMHB's dividend yield for the trailing twelve months is around 20.46%, more than FVD's 2.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMHB ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B | 20.46% | 21.98% | 15.28% | 24.19% | 12.22% | 16.86% | 22.16% | 0.91% | 0.00% | 0.00% | 0.00% | 0.00% |
FVD First Trust Value Line Dividend Index | 2.16% | 2.23% | 2.34% | 2.20% | 1.75% | 2.31% | 2.03% | 2.50% | 2.10% | 2.04% | 2.35% | 2.46% |
Drawdowns
SMHB vs. FVD - Drawdown Comparison
The maximum SMHB drawdown since its inception was -90.13%, which is greater than FVD's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for SMHB and FVD. For additional features, visit the drawdowns tool.
Volatility
SMHB vs. FVD - Volatility Comparison
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) has a higher volatility of 9.17% compared to First Trust Value Line Dividend Index (FVD) at 2.89%. This indicates that SMHB's price experiences larger fluctuations and is considered to be riskier than FVD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.