TYLG vs. SMH
Compare and contrast key facts about Global X Information Technology Covered Call & Growth ETF (TYLG) and VanEck Vectors Semiconductor ETF (SMH).
TYLG and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TYLG is a passively managed fund by Global X that tracks the performance of the Cboe S&P Technology Select Sector Half BuyWrite Index - Benchmark TR Gross. It was launched on Nov 21, 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. Both TYLG 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: TYLG or SMH.
Correlation
The correlation between TYLG and SMH is 0.88, 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
TYLG vs. SMH - Performance Comparison
Key characteristics
TYLG:
1.09
SMH:
0.76
TYLG:
1.52
SMH:
1.19
TYLG:
1.21
SMH:
1.16
TYLG:
1.36
SMH:
1.11
TYLG:
5.58
SMH:
2.55
TYLG:
3.54%
SMH:
10.80%
TYLG:
18.21%
SMH:
36.21%
TYLG:
-14.53%
SMH:
-83.29%
TYLG:
0.00%
SMH:
-8.10%
Returns By Period
In the year-to-date period, TYLG achieves a 3.99% return, which is significantly lower than SMH's 6.26% return.
TYLG
3.99%
3.00%
10.84%
21.55%
N/A
N/A
SMH
6.26%
-0.35%
3.13%
30.69%
29.77%
26.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TYLG vs. SMH - Expense Ratio Comparison
TYLG has a 0.60% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
TYLG vs. SMH — Risk-Adjusted Performance Rank
TYLG
SMH
TYLG vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Information Technology Covered Call & Growth ETF (TYLG) 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
TYLG vs. SMH - Dividend Comparison
TYLG's dividend yield for the trailing twelve months is around 6.47%, more than SMH's 0.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TYLG Global X Information Technology Covered Call & Growth ETF | 6.47% | 7.24% | 11.90% | 0.51% | 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
TYLG vs. SMH - Drawdown Comparison
The maximum TYLG drawdown since its inception was -14.53%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for TYLG and SMH. For additional features, visit the drawdowns tool.
Volatility
TYLG vs. SMH - Volatility Comparison
The current volatility for Global X Information Technology Covered Call & Growth ETF (TYLG) is 5.83%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 12.44%. This indicates that TYLG 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.