^SPNY vs. SMGB.L
Compare and contrast key facts about S&P 500 Energy Index (^SPNY) and VanEck Semiconductor UCITS ETF (SMGB.L).
SMGB.L is a passively managed fund by VanEck that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 1, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SPNY or SMGB.L.
Key characteristics
| ^SPNY | SMGB.L | |
|---|---|---|
| YTD Return | 8.43% | 20.66% |
| 1Y Return | 2.44% | 38.88% |
| 3Y Return (Ann) | 24.09% | 19.30% |
| Sharpe Ratio | -0.00 | 1.41 |
| Daily Std Dev | 17.97% | 27.63% |
| Max Drawdown | -75.59% | -35.48% |
| Current Drawdown | -7.39% | -16.32% |
Correlation
The correlation between ^SPNY and SMGB.L is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^SPNY vs. SMGB.L - Performance Comparison
In the year-to-date period, ^SPNY achieves a 8.43% return, which is significantly lower than SMGB.L's 20.66% 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
^SPNY vs. SMGB.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Energy Index (^SPNY) and VanEck Semiconductor UCITS ETF (SMGB.L). 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.
Drawdowns
^SPNY vs. SMGB.L - Drawdown Comparison
The maximum ^SPNY drawdown since its inception was -75.59%, which is greater than SMGB.L's maximum drawdown of -35.48%. Use the drawdown chart below to compare losses from any high point for ^SPNY and SMGB.L. For additional features, visit the drawdowns tool.
Volatility
^SPNY vs. SMGB.L - Volatility Comparison
The current volatility for S&P 500 Energy Index (^SPNY) is 5.11%, while VanEck Semiconductor UCITS ETF (SMGB.L) has a volatility of 6.53%. This indicates that ^SPNY experiences smaller price fluctuations and is considered to be less risky than SMGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.