SUWS.L vs. SMH.L
SUWS.L (iShares MSCI World SRI UCITS ETF USD (Dist)) and SMH.L (VanEck Semiconductor UCITS ETF) are both exchange-traded funds - SUWS.L is a Global Equities fund tracking the iShares MSCI World SRI UCITS ETF USD (Dist), while SMH.L is a Semiconductors fund tracking the MarketVector US Listed Semiconductor 10% Capped Screened Index. Both are passively managed. Over the past 5 years, SUWS.L returned 9.18%/yr vs 35.65%/yr for SMH.L. A 0.76 correlation means they provide meaningful diversification when combined. SUWS.L charges 0.20%/yr vs 0.35%/yr for SMH.L.
Performance
SUWS.L vs. SMH.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SUWS.L achieves a 10.37% return, which is significantly lower than SMH.L's 76.50% return.
SUWS.L
- 1D
- -0.43%
- 1M
- -1.35%
- 6M
- 8.12%
- YTD
- 10.37%
- 1Y
- 18.55%
- 3Y*
- 13.89%
- 5Y*
- 9.18%
- 10Y*
- —
SMH.L
- 1D
- -3.48%
- 1M
- -8.87%
- 6M
- 62.90%
- YTD
- 76.50%
- 1Y
- 124.23%
- 3Y*
- 54.24%
- 5Y*
- 35.65%
- 10Y*
- —
SUWS.L vs. SMH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SUWS.L iShares MSCI World SRI UCITS ETF USD (Dist) | 10.37% | 14.86% | 11.22% | 25.16% | -21.20% | 25.32% | 4.63% |
SMH.L VanEck Semiconductor UCITS ETF | 76.50% | 49.20% | 24.11% | 75.94% | -35.54% | 42.75% | 4.36% |
Correlation
The correlation between SUWS.L and SMH.L is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2020 | 0.76 |
The correlation between SUWS.L and SMH.L has been stable across timeframes, ranging from 0.72 to 0.77 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SUWS.L vs. SMH.L — Risk / Return Rank
SUWS.L
SMH.L
SUWS.L vs. SMH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World SRI UCITS ETF USD (Dist) (SUWS.L) and VanEck Semiconductor UCITS ETF (SMH.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SUWS.L | SMH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.47 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 8.88 | -6.84 |
| Martin ratioReturn relative to average drawdown | 7.87 | 27.77 | -19.90 |
Loading charts...
Drawdowns
SUWS.L vs. SMH.L - Drawdown Comparison
The maximum SUWS.L drawdown since its inception was -31.97%, smaller than the maximum SMH.L drawdown of -45.38%. Use the drawdown chart below to compare losses from any high point for SUWS.L and SMH.L.
Loading charts...
Drawdown Indicators
| SUWS.L | SMH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.97% | -45.38% | +13.41% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -13.91% | +4.35% |
Max Drawdown (3Y)Largest decline over 3 years | -17.81% | -36.25% | +18.44% |
Max Drawdown (5Y)Largest decline over 5 years | -29.06% | -45.38% | +16.32% |
Current DrawdownCurrent decline from peak | -1.78% | -11.91% | +10.13% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -11.12% | +5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 4.46% | -1.97% |
Volatility
SUWS.L vs. SMH.L - Volatility Comparison
The current volatility for iShares MSCI World SRI UCITS ETF USD (Dist) (SUWS.L) is 4.00%, while VanEck Semiconductor UCITS ETF (SMH.L) has a volatility of 16.26%. This indicates that SUWS.L experiences smaller price fluctuations and is considered to be less risky than SMH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SUWS.L | SMH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.00% | 16.26% | -12.26% |
Volatility (6M)Calculated over the trailing 6-month period | 11.41% | 30.80% | -19.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.94% | 36.96% | -23.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.40% | 33.56% | -17.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 32.93% | -16.08% |
SUWS.L vs. SMH.L - Expense Ratio Comparison
SUWS.L has a 0.20% expense ratio, which is lower than SMH.L's 0.35% expense ratio.
Dividends
SUWS.L vs. SMH.L - Dividend Comparison
SUWS.L's dividend yield for the trailing twelve months is around 1.20%, while SMH.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SMH.L VanEck Semiconductor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SUWS.L iShares MSCI World SRI UCITS ETF USD (Dist) | 1.20% | 1.21% | 1.41% | 1.52% | 1.71% | 1.20% | 1.21% | 1.70% | 2.26% |
Frequently Asked Questions
SUWS.L and SMH.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SUWS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SUWS.L is cheaper with a 0.20% expense ratio, compared with 0.35% for SMH.L.
SUWS.L is categorized as Global Equities, while SMH.L is Semiconductors. SUWS.L tracks iShares MSCI World SRI UCITS ETF USD (Dist), while SMH.L tracks MarketVector US Listed Semiconductor 10% Capped Screened Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.20% for SUWS.L and 0.35% for SMH.L.
Find the right allocation for SUWS.L and SMH.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer