SMOG vs. SKYY
Compare and contrast key facts about VanEck Vectors Low Carbon Energy ETF (SMOG) and First Trust ISE Cloud Computing Index Fund (SKYY).
SMOG and SKYY 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. SKYY is a passively managed fund by First Trust that tracks the performance of the ISE Cloud Computing Index. It was launched on Jul 5, 2011. Both SMOG and SKYY 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 SKYY.
Correlation
The correlation between SMOG and SKYY is 0.72, 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. SKYY - Performance Comparison
Key characteristics
SMOG:
0.52
SKYY:
0.40
SMOG:
0.88
SKYY:
0.75
SMOG:
1.11
SKYY:
1.10
SMOG:
0.24
SKYY:
0.38
SMOG:
1.62
SKYY:
1.28
SMOG:
7.71%
SKYY:
9.40%
SMOG:
24.10%
SKYY:
29.82%
SMOG:
-84.39%
SKYY:
-53.20%
SMOG:
-43.33%
SKYY:
-21.23%
Returns By Period
In the year-to-date period, SMOG achieves a 4.58% return, which is significantly higher than SKYY's -13.26% return. Over the past 10 years, SMOG has underperformed SKYY with an annualized return of 6.18%, while SKYY has yielded a comparatively higher 13.30% annualized return.
SMOG
4.58%
1.29%
-1.43%
12.56%
10.45%
6.18%
SKYY
-13.26%
-4.90%
-1.85%
12.78%
11.40%
13.30%
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SMOG vs. SKYY - Expense Ratio Comparison
SMOG has a 0.63% expense ratio, which is higher than SKYY's 0.60% expense ratio.
Risk-Adjusted Performance
SMOG vs. SKYY — Risk-Adjusted Performance Rank
SMOG
SKYY
SMOG vs. SKYY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Low Carbon Energy ETF (SMOG) and First Trust ISE Cloud Computing Index Fund (SKYY). 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. SKYY - Dividend Comparison
SMOG's dividend yield for the trailing twelve months is around 1.57%, while SKYY has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMOG VanEck Vectors Low Carbon Energy ETF | 1.57% | 1.64% | 1.58% | 1.32% | 0.44% | 0.06% | 0.00% | 0.62% | 1.25% | 2.12% | 0.56% | 0.21% |
SKYY First Trust ISE Cloud Computing Index Fund | 0.00% | 0.00% | 0.00% | 0.23% | 0.78% | 0.17% | 0.54% | 0.95% | 0.27% | 0.35% | 0.41% | 0.17% |
Drawdowns
SMOG vs. SKYY - Drawdown Comparison
The maximum SMOG drawdown since its inception was -84.39%, which is greater than SKYY's maximum drawdown of -53.20%. Use the drawdown chart below to compare losses from any high point for SMOG and SKYY. For additional features, visit the drawdowns tool.
Volatility
SMOG vs. SKYY - Volatility Comparison
The current volatility for VanEck Vectors Low Carbon Energy ETF (SMOG) is 13.62%, while First Trust ISE Cloud Computing Index Fund (SKYY) has a volatility of 18.65%. This indicates that SMOG experiences smaller price fluctuations and is considered to be less risky than SKYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.