VZ vs. SMHX
VZ (Verizon Communications Inc.) is a stock, while SMHX (VanEck Fabless Semiconductor ETF) is Semiconductors fund tracking the MarketVector™ US Listed Fabless Semiconductor Index. Over the past year, VZ returned 16.34% vs 68.35% for SMHX. Their -0.26 correlation means they have often moved in opposite directions in the past.
Performance
VZ vs. SMHX - Performance Comparison
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Returns By Period
In the year-to-date period, VZ achieves a 19.82% return, which is significantly lower than SMHX's 51.09% return.
VZ
- 1D
- -0.87%
- 1M
- 12.34%
- 6M
- 2.05%
- YTD
- 19.82%
- 1Y
- 16.34%
- 3Y*
- 20.32%
- 5Y*
- 2.91%
- 10Y*
- 4.02%
- ALL TIME*
- 5.08%
SMHX
- 1D
- -2.08%
- 1M
- -4.66%
- 6M
- 53.35%
- YTD
- 51.09%
- 1Y
- 68.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 52.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.05M | $5.75M | $8.39M | |
| $1.41B | $1.23B | $1.26B |
VZ vs. SMHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VZ Verizon Communications Inc. | 19.82% | 8.86% | -2.02% |
SMHX VanEck Fabless Semiconductor ETF | 51.09% | 30.00% | 15.56% |
Correlation
The correlation between VZ and SMHX is -0.32, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.32 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2024 | -0.26 |
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Return for Risk
VZ vs. SMHX — Risk / Return Rank
VZ
SMHX
VZ vs. SMHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Verizon Communications Inc. (VZ) and VanEck Fabless Semiconductor ETF (SMHX). 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.
| VZ | SMHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.28 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 2.76 | -1.79 |
| Martin ratioReturn relative to average drawdown | 2.17 | 8.39 | -6.22 |
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Drawdowns
VZ vs. SMHX - Drawdown Comparison
The maximum VZ drawdown since its inception was -50.66%, which is greater than SMHX's maximum drawdown of -38.53%. Use the drawdown chart below to compare losses from any high point for VZ and SMHX.
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Drawdown Indicators
| VZ | SMHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.66% | -38.53% | -12.13% |
Max Drawdown (1Y)Largest decline over 1 year | -17.05% | -24.93% | +7.88% |
Max Drawdown (3Y)Largest decline over 3 years | -17.05% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.38% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.21% | — | — |
Current DrawdownCurrent decline from peak | -6.63% | -15.33% | +8.70% |
Average DrawdownAverage peak-to-trough decline | -14.80% | -7.77% | -7.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.55% | 8.17% | -0.62% |
Volatility
VZ vs. SMHX - Volatility Comparison
The current volatility for Verizon Communications Inc. (VZ) is 8.19%, while VanEck Fabless Semiconductor ETF (SMHX) has a volatility of 14.71%. This indicates that VZ experiences smaller price fluctuations and is considered to be less risky than SMHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VZ | SMHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.19% | 14.71% | -6.52% |
Volatility (6M)Calculated over the trailing 6-month period | 17.53% | 33.60% | -16.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.91% | 39.89% | -14.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.30% | 42.10% | -19.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.66% | 42.10% | -21.44% |
Dividends
VZ vs. SMHX - Dividend Comparison
VZ's dividend yield for the trailing twelve months is around 6.01%, more than SMHX's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMHX VanEck Fabless Semiconductor ETF | 0.02% | 0.02% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VZ Verizon Communications Inc. | 6.01% | 6.68% | 6.68% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% |
Frequently Asked Questions
VZ and SMHX have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMHX has higher volatility (14.71%) compared to VZ (8.19%). In terms of maximum drawdown, VZ dropped -50.66% vs SMHX's -38.53%.
SMHX currently has the higher Sharpe Ratio (1.72 vs 0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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