TSLH vs. SMH
Compare and contrast key facts about Innovator Hedged TSLA Strategy ETF (TSLH) and VanEck Vectors Semiconductor ETF (SMH).
TSLH and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLH is an actively managed fund by Innovator. It was launched on Jul 25, 2022. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLH or SMH.
Correlation
The correlation between TSLH and SMH is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TSLH vs. SMH - Performance Comparison
Key characteristics
Returns By Period
TSLH
N/A
N/A
N/A
N/A
N/A
N/A
SMH
5.80%
-0.79%
3.75%
27.56%
28.88%
26.10%
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TSLH vs. SMH - Expense Ratio Comparison
TSLH has a 0.79% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
TSLH vs. SMH — Risk-Adjusted Performance Rank
TSLH
SMH
TSLH vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Hedged TSLA Strategy ETF (TSLH) 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.
Dividends
TSLH vs. SMH - Dividend Comparison
TSLH has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSLH Innovator Hedged TSLA Strategy ETF | 0.00% | 0.00% | 3.68% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
TSLH vs. SMH - Drawdown Comparison
Volatility
TSLH vs. SMH - Volatility Comparison
The current volatility for Innovator Hedged TSLA Strategy ETF (TSLH) is 0.00%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 12.66%. This indicates that TSLH 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.