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SPTE vs. SMH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SPTE vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds S&P Global Technology ETF (SPTE) and VanEck Vectors Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
7.44%
0.14%
SPTE
SMH

Returns By Period

In the year-to-date period, SPTE achieves a 30.17% return, which is significantly lower than SMH's 39.89% return.


SPTE

YTD

30.17%

1M

0.04%

6M

7.44%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

SMH

YTD

39.89%

1M

-1.76%

6M

0.15%

1Y

51.80%

5Y (annualized)

33.24%

10Y (annualized)

28.03%

Key characteristics


SPTESMH
Daily Std Dev24.66%34.44%
Max Drawdown-18.15%-95.73%
Current Drawdown-4.65%-13.03%

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SPTE vs. SMH - Expense Ratio Comparison

SPTE has a 0.55% expense ratio, which is higher than SMH's 0.35% expense ratio.


SPTE
SP Funds S&P Global Technology ETF
Expense ratio chart for SPTE: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for SMH: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Correlation

-0.50.00.51.00.9

The correlation between SPTE and SMH 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.

Risk-Adjusted Performance

SPTE vs. SMH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and VanEck Vectors Semiconductor ETF (SMH). 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.


Sharpe ratio
No data
SPTE
SMH

Chart placeholderNot enough data

Dividends

SPTE vs. SMH - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.23%, less than SMH's 0.43% yield.


TTM20232022202120202019201820172016201520142013
SPTE
SP Funds S&P Global Technology ETF
0.23%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SMH
VanEck Vectors Semiconductor ETF
0.43%0.60%2.37%1.02%1.38%6.00%3.75%2.85%1.61%4.28%2.31%3.11%

Drawdowns

SPTE vs. SMH - Drawdown Comparison

The maximum SPTE drawdown since its inception was -18.15%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for SPTE and SMH. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.65%
-13.03%
SPTE
SMH

Volatility

SPTE vs. SMH - Volatility Comparison

The current volatility for SP Funds S&P Global Technology ETF (SPTE) is 5.89%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 8.43%. This indicates that SPTE experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
5.89%
8.43%
SPTE
SMH