SMHX vs. SOXQ
Compare and contrast key facts about VanEck Fabless Semiconductor ETF (SMHX) and Invesco PHLX Semiconductor ETF (SOXQ).
SMHX and SOXQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX / Semiconductor. It was launched on Jun 11, 2021. Both SMHX and SOXQ 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: SMHX or SOXQ.
Correlation
The correlation between SMHX and SOXQ 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. SOXQ - Performance Comparison
Key characteristics
SMHX:
38.36%
SOXQ:
36.23%
SMHX:
-13.96%
SOXQ:
-46.01%
SMHX:
-6.64%
SOXQ:
-9.87%
Returns By Period
In the year-to-date period, SMHX achieves a 1.95% return, which is significantly lower than SOXQ's 6.58% return.
SMHX
1.95%
-3.09%
N/A
N/A
N/A
N/A
SOXQ
6.58%
-0.02%
1.20%
19.76%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SMHX vs. SOXQ - Expense Ratio Comparison
SMHX has a 0.35% expense ratio, which is higher than SOXQ's 0.00% expense ratio.
Risk-Adjusted Performance
SMHX vs. SOXQ — Risk-Adjusted Performance Rank
SMHX
SOXQ
SMHX vs. SOXQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Fabless Semiconductor ETF (SMHX) and Invesco PHLX Semiconductor ETF (SOXQ). 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. SOXQ - Dividend Comparison
SMHX's dividend yield for the trailing twelve months is around 0.04%, less than SOXQ's 0.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
SMHX VanEck Fabless Semiconductor ETF | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% |
SOXQ Invesco PHLX Semiconductor ETF | 0.64% | 0.68% | 0.87% | 1.36% | 0.73% |
Drawdowns
SMHX vs. SOXQ - Drawdown Comparison
The maximum SMHX drawdown since its inception was -13.96%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for SMHX and SOXQ. For additional features, visit the drawdowns tool.
Volatility
SMHX vs. SOXQ - Volatility Comparison
VanEck Fabless Semiconductor ETF (SMHX) has a higher volatility of 15.56% compared to Invesco PHLX Semiconductor ETF (SOXQ) at 11.58%. This indicates that SMHX's price experiences larger fluctuations and is considered to be riskier than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.