WDC vs. SMH
Compare and contrast key facts about Western Digital Corporation (WDC) and VanEck Vectors Semiconductor ETF (SMH).
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: WDC or SMH.
Key characteristics
| WDC | SMH | |
|---|---|---|
| YTD Return | 44.53% | 33.76% |
| 1Y Return | 106.75% | 86.62% |
| 3Y Return (Ann) | 1.74% | 27.80% |
| 5Y Return (Ann) | 12.09% | 37.94% |
| 10Y Return (Ann) | 0.64% | 29.94% |
| Sharpe Ratio | 3.07 | 3.03 |
| Daily Std Dev | 34.54% | 28.58% |
| Max Drawdown | -96.20% | -95.73% |
| Current Drawdown | -22.49% | -0.12% |
Correlation
The correlation between WDC and SMH is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WDC vs. SMH - Performance Comparison
In the year-to-date period, WDC achieves a 44.53% return, which is significantly higher than SMH's 33.76% return. Over the past 10 years, WDC has underperformed SMH with an annualized return of 0.64%, while SMH has yielded a comparatively higher 29.94% annualized 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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Risk-Adjusted Performance
WDC vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Digital Corporation (WDC) 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
WDC vs. SMH - Dividend Comparison
WDC has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WDC Western Digital Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 1.81% | 2.36% | 5.41% | 2.51% | 2.94% | 4.00% | 1.36% | 1.25% |
SMH VanEck Vectors Semiconductor ETF | 0.45% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
WDC vs. SMH - Drawdown Comparison
The maximum WDC drawdown since its inception was -96.20%, roughly equal to the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for WDC and SMH. For additional features, visit the drawdowns tool.
Volatility
WDC vs. SMH - Volatility Comparison
Western Digital Corporation (WDC) and VanEck Vectors Semiconductor ETF (SMH) have volatilities of 9.57% and 10.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.