VCAR vs. SMH
Compare and contrast key facts about Simplify Volt RoboCar Disruption and Tech ETF (VCAR) and VanEck Vectors Semiconductor ETF (SMH).
VCAR and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VCAR is an actively managed fund by Simplify Asset Management Inc.. It was launched on Dec 28, 2020. 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: VCAR or SMH.
Key characteristics
| VCAR | SMH | |
|---|---|---|
| YTD Return | 69.82% | 48.30% |
| 1Y Return | 85.53% | 72.60% |
| 3Y Return (Ann) | -0.04% | 21.36% |
| Sharpe Ratio | 2.04 | 2.10 |
| Sortino Ratio | 3.15 | 2.59 |
| Omega Ratio | 1.39 | 1.35 |
| Calmar Ratio | 1.54 | 2.91 |
| Martin Ratio | 9.30 | 8.05 |
| Ulcer Index | 8.98% | 8.98% |
| Daily Std Dev | 40.96% | 34.46% |
| Max Drawdown | -69.22% | -95.73% |
| Current Drawdown | -14.82% | -7.80% |
Correlation
The correlation between VCAR and SMH is 0.72, 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
VCAR vs. SMH - Performance Comparison
In the year-to-date period, VCAR achieves a 69.82% return, which is significantly higher than SMH's 48.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VCAR vs. SMH - Expense Ratio Comparison
VCAR has a 0.95% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
VCAR vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volt RoboCar Disruption and Tech ETF (VCAR) 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
VCAR vs. SMH - Dividend Comparison
VCAR has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.40%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCAR Simplify Volt RoboCar Disruption and Tech ETF | 0.00% | 0.00% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.40% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
VCAR vs. SMH - Drawdown Comparison
The maximum VCAR drawdown since its inception was -69.22%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for VCAR and SMH. For additional features, visit the drawdowns tool.
Volatility
VCAR vs. SMH - Volatility Comparison
Simplify Volt RoboCar Disruption and Tech ETF (VCAR) has a higher volatility of 26.01% compared to VanEck Vectors Semiconductor ETF (SMH) at 9.32%. This indicates that VCAR's price experiences larger fluctuations and is considered to be riskier than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.