SMHX vs. FSELX
Compare and contrast key facts about VanEck Fabless Semiconductor ETF (SMHX) and Fidelity Select Semiconductors Portfolio (FSELX).
SMHX is a passively managed fund by VanEck that tracks the performance of the MarketVector™ US Listed Fabless Semiconductor Index. It was launched on Aug 27, 2024. 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: SMHX or FSELX.
Correlation
The correlation between SMHX and FSELX is 0.93, 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.
Performance
SMHX vs. FSELX - Performance Comparison
Key characteristics
SMHX:
38.36%
FSELX:
38.30%
SMHX:
-13.96%
FSELX:
-81.70%
SMHX:
-6.64%
FSELX:
-6.58%
Returns By Period
In the year-to-date period, SMHX achieves a 1.95% return, which is significantly lower than FSELX's 5.65% return.
SMHX
1.95%
-3.09%
N/A
N/A
N/A
N/A
FSELX
5.65%
0.26%
2.85%
30.05%
22.87%
17.07%
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SMHX vs. FSELX - Expense Ratio Comparison
SMHX has a 0.35% expense ratio, which is lower than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
SMHX vs. FSELX — Risk-Adjusted Performance Rank
SMHX
FSELX
SMHX vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Fabless Semiconductor ETF (SMHX) 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.
Not enough dataDividends
SMHX vs. FSELX - Dividend Comparison
SMHX's dividend yield for the trailing twelve months is around 0.04%, while FSELX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMHX VanEck Fabless Semiconductor ETF | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSELX Fidelity Select Semiconductors Portfolio | 0.00% | 0.00% | 0.10% | 0.18% | 0.04% | 0.51% | 0.76% | 0.76% | 1.04% | 0.71% | 16.31% | 3.48% |
Drawdowns
SMHX vs. FSELX - Drawdown Comparison
The maximum SMHX drawdown since its inception was -13.96%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for SMHX and FSELX. For additional features, visit the drawdowns tool.
Volatility
SMHX vs. FSELX - Volatility Comparison
VanEck Fabless Semiconductor ETF (SMHX) has a higher volatility of 15.56% compared to Fidelity Select Semiconductors Portfolio (FSELX) at 14.63%. This indicates that SMHX's price experiences larger fluctuations and is considered to be riskier than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.