Correlation
The correlation between TINY and SMH is 0.81, 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.
TINY vs. SMH
Compare and contrast key facts about ProShares Nanotechnology ETF (TINY) and VanEck Vectors Semiconductor ETF (SMH).
TINY and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TINY is a passively managed fund by ProShares that tracks the performance of the Solactive Nanotechnology Index. It was launched on Oct 26, 2021. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011. Both TINY and SMH 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: TINY or SMH.
Performance
TINY vs. SMH - Performance Comparison
Loading data...
Key characteristics
TINY:
-0.60
SMH:
-0.01
TINY:
-0.76
SMH:
0.18
TINY:
0.91
SMH:
1.02
TINY:
-0.56
SMH:
-0.10
TINY:
-1.16
SMH:
-0.23
TINY:
20.34%
SMH:
15.52%
TINY:
36.69%
SMH:
43.26%
TINY:
-43.78%
SMH:
-83.29%
TINY:
-30.29%
SMH:
-14.38%
Returns By Period
In the year-to-date period, TINY achieves a -12.55% return, which is significantly lower than SMH's -1.00% return.
TINY
-12.55%
5.66%
-15.13%
-21.44%
4.94%
N/A
N/A
SMH
-1.00%
12.93%
-0.54%
0.14%
26.07%
28.60%
24.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TINY vs. SMH - Expense Ratio Comparison
TINY has a 0.58% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
TINY vs. SMH — Risk-Adjusted Performance Rank
TINY
SMH
TINY vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Nanotechnology ETF (TINY) 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.
Loading data...
Dividends
TINY vs. SMH - Dividend Comparison
TINY's dividend yield for the trailing twelve months is around 0.01%, less than SMH's 0.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TINY ProShares Nanotechnology ETF | 0.01% | 0.01% | 0.35% | 0.42% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.45% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
TINY vs. SMH - Drawdown Comparison
The maximum TINY drawdown since its inception was -43.78%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for TINY and SMH.
Loading data...
Volatility
TINY vs. SMH - Volatility Comparison
The current volatility for ProShares Nanotechnology ETF (TINY) is 8.09%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 9.05%. This indicates that TINY 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.
Loading data...