WISE vs. SMH
Compare and contrast key facts about Themes Generative Artificial Intelligence ETF (WISE) and VanEck Vectors Semiconductor ETF (SMH).
WISE and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WISE is a passively managed fund by Themes that tracks the performance of the Solactive Generative Artificial Intelligence Index - Benchmark TR Gross. It was launched on Dec 7, 2023. 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 WISE 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: WISE or SMH.
Correlation
The correlation between WISE and SMH is 0.70, 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
WISE vs. SMH - Performance Comparison
Key characteristics
WISE:
1.14
SMH:
0.76
WISE:
1.67
SMH:
1.19
WISE:
1.20
SMH:
1.16
WISE:
1.66
SMH:
1.11
WISE:
3.59
SMH:
2.55
WISE:
9.65%
SMH:
10.80%
WISE:
30.50%
SMH:
36.21%
WISE:
-20.81%
SMH:
-83.29%
WISE:
-5.41%
SMH:
-8.10%
Returns By Period
In the year-to-date period, WISE achieves a 4.90% return, which is significantly lower than SMH's 6.26% return.
WISE
4.90%
9.61%
39.47%
37.23%
N/A
N/A
SMH
6.26%
-0.35%
3.13%
30.69%
29.77%
26.14%
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WISE vs. SMH - Expense Ratio Comparison
Both WISE and SMH have an expense ratio of 0.35%.
Risk-Adjusted Performance
WISE vs. SMH — Risk-Adjusted Performance Rank
WISE
SMH
WISE vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Generative Artificial Intelligence ETF (WISE) 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
WISE vs. SMH - Dividend Comparison
WISE 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WISE Themes Generative Artificial Intelligence ETF | 0.00% | 0.00% | 0.00% | 0.00% | 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
WISE vs. SMH - Drawdown Comparison
The maximum WISE drawdown since its inception was -20.81%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for WISE and SMH. For additional features, visit the drawdowns tool.
Volatility
WISE vs. SMH - Volatility Comparison
Themes Generative Artificial Intelligence ETF (WISE) and VanEck Vectors Semiconductor ETF (SMH) have volatilities of 12.76% and 12.44%, 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.