SMOG vs. ERTH
Compare and contrast key facts about VanEck Vectors Low Carbon Energy ETF (SMOG) and Invesco MSCI Sustainable Future ETF (ERTH).
SMOG and ERTH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMOG is a passively managed fund by VanEck that tracks the performance of the Ardour Global Index. It was launched on May 3, 2007. ERTH is a passively managed fund by Invesco that tracks the performance of the MSCI Global Environment Select Index. It was launched on Oct 24, 2006. Both SMOG and ERTH 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: SMOG or ERTH.
Correlation
The correlation between SMOG and ERTH is 0.85, 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
SMOG vs. ERTH - Performance Comparison
Key characteristics
SMOG:
-0.27
ERTH:
-0.64
SMOG:
-0.22
ERTH:
-0.79
SMOG:
0.97
ERTH:
0.91
SMOG:
-0.11
ERTH:
-0.28
SMOG:
-0.56
ERTH:
-1.12
SMOG:
10.09%
ERTH:
11.33%
SMOG:
21.33%
ERTH:
20.01%
SMOG:
-84.39%
ERTH:
-64.46%
SMOG:
-45.45%
ERTH:
-43.43%
Returns By Period
In the year-to-date period, SMOG achieves a -8.72% return, which is significantly higher than ERTH's -14.02% return. Over the past 10 years, SMOG has outperformed ERTH with an annualized return of 7.32%, while ERTH has yielded a comparatively lower 5.61% annualized return.
SMOG
-8.72%
0.49%
1.77%
-7.32%
6.78%
7.32%
ERTH
-14.02%
-2.86%
0.73%
-10.29%
-0.64%
5.61%
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SMOG vs. ERTH - Expense Ratio Comparison
SMOG has a 0.63% expense ratio, which is higher than ERTH's 0.55% expense ratio.
Risk-Adjusted Performance
SMOG vs. ERTH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Low Carbon Energy ETF (SMOG) and Invesco MSCI Sustainable Future ETF (ERTH). 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
SMOG vs. ERTH - Dividend Comparison
SMOG has not paid dividends to shareholders, while ERTH's dividend yield for the trailing twelve months is around 0.88%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
VanEck Vectors Low Carbon Energy ETF | 0.00% | 1.58% | 1.32% | 0.44% | 0.06% | 0.00% | 0.62% | 1.25% | 2.12% | 0.56% | 0.21% | 0.99% |
Invesco MSCI Sustainable Future ETF | 0.88% | 1.28% | 1.22% | 15.33% | 0.21% | 0.50% | 0.61% | 0.87% | 1.06% | 0.79% | 0.83% | 0.85% |
Drawdowns
SMOG vs. ERTH - Drawdown Comparison
The maximum SMOG drawdown since its inception was -84.39%, which is greater than ERTH's maximum drawdown of -64.46%. Use the drawdown chart below to compare losses from any high point for SMOG and ERTH. For additional features, visit the drawdowns tool.
Volatility
SMOG vs. ERTH - Volatility Comparison
VanEck Vectors Low Carbon Energy ETF (SMOG) and Invesco MSCI Sustainable Future ETF (ERTH) have volatilities of 5.36% and 5.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.