XLY vs. SMH
Compare and contrast key facts about Consumer Discretionary Select Sector SPDR Fund (XLY) and VanEck Vectors Semiconductor ETF (SMH).
XLY and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLY is a passively managed fund by State Street that tracks the performance of the Consumer Discretionary Select Sector Index. It was launched on Dec 16, 1998. 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 XLY 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: XLY or SMH.
Key characteristics
| XLY | SMH | |
|---|---|---|
| YTD Return | -2.29% | 21.35% |
| 1Y Return | 22.27% | 77.27% |
| 3Y Return (Ann) | -0.01% | 20.35% |
| 5Y Return (Ann) | 8.66% | 32.72% |
| 10Y Return (Ann) | 12.00% | 28.76% |
| Sharpe Ratio | 1.24 | 2.79 |
| Daily Std Dev | 17.51% | 28.12% |
| Max Drawdown | -59.05% | -95.73% |
| Current Drawdown | -15.80% | -9.38% |
Correlation
The correlation between XLY and SMH is 0.64, 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
XLY vs. SMH - Performance Comparison
In the year-to-date period, XLY achieves a -2.29% return, which is significantly lower than SMH's 21.35% return. Over the past 10 years, XLY has underperformed SMH with an annualized return of 12.00%, while SMH has yielded a comparatively higher 28.76% 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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XLY vs. SMH - Expense Ratio Comparison
XLY has a 0.13% expense ratio, which is lower than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
XLY vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Consumer Discretionary Select Sector SPDR Fund (XLY) 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
XLY vs. SMH - Dividend Comparison
XLY's dividend yield for the trailing twelve months is around 0.77%, more than SMH's 0.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLY Consumer Discretionary Select Sector SPDR Fund | 0.77% | 0.78% | 1.00% | 0.53% | 0.82% | 1.28% | 1.34% | 1.20% | 1.71% | 1.43% | 1.31% | 1.16% |
SMH VanEck Vectors Semiconductor ETF | 0.49% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
XLY vs. SMH - Drawdown Comparison
The maximum XLY drawdown since its inception was -59.05%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for XLY and SMH. For additional features, visit the drawdowns tool.
Volatility
XLY vs. SMH - Volatility Comparison
The current volatility for Consumer Discretionary Select Sector SPDR Fund (XLY) is 4.45%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 8.94%. This indicates that XLY 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.