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

Key characteristics


SPTESMH
YTD Return27.53%39.96%
Daily Std Dev25.00%34.41%
Max Drawdown-18.15%-95.73%
Current Drawdown-6.58%-12.98%

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.

Performance

SPTE vs. SMH - Performance Comparison

In the year-to-date period, SPTE achieves a 27.53% return, which is significantly lower than SMH's 39.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
11.08%
9.91%
SPTE
SMH

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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%

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.


SPTE
Sharpe ratio
No data
SMH
Sharpe ratio
The chart of Sharpe ratio for SMH, currently valued at 2.12, compared to the broader market-2.000.002.004.006.002.12
Sortino ratio
The chart of Sortino ratio for SMH, currently valued at 2.60, compared to the broader market0.005.0010.002.60
Omega ratio
The chart of Omega ratio for SMH, currently valued at 1.35, compared to the broader market1.001.502.002.503.003.501.35
Calmar ratio
The chart of Calmar ratio for SMH, currently valued at 2.94, compared to the broader market0.005.0010.0015.0020.002.94
Martin ratio
The chart of Martin ratio for SMH, currently valued at 8.22, compared to the broader market0.0020.0040.0060.0080.00100.00120.008.22

SPTE vs. SMH - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

SPTE vs. SMH - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.22%, less than SMH's 0.43% yield.


TTM20232022202120202019201820172016201520142013
SPTE
SP Funds S&P Global Technology ETF
0.22%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
-6.58%
-12.98%
SPTE
SMH

Volatility

SPTE vs. SMH - Volatility Comparison

The current volatility for SP Funds S&P Global Technology ETF (SPTE) is 6.02%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 8.76%. 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
6.02%
8.76%
SPTE
SMH