SMH vs MBB

Comparison between VANECK SEMICONDUCTOR ETF (SMH, ETF) and ISHARES MBS ETF (MBB, ETF).

5-Year PerformanceSMH has outperformed MBB, delivering a return of +36.8% compared to +0.4%

SMH vs MBB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMH(ETF)	MBB(ETF)
Net Assets	$41B	$39B
Expense Ratio	0.35%	0.04%
Max Drawdown	85.92%	22.85%
Sharpe Ratio	3.17	0.59
5Y Beta	1.85	0.04
P/E Ratio	53.19	N/A
Forward P/E	26.98	N/A
PEG Ratio	0.54	N/A
5Y Dividends CAGR	3.73%	14.91%
5Y EPS CAGR	39.18%	N/A
P/S Ratio	3.68	N/A
P/B Ratio	11.12	N/A

Net Assets

Winner

SMH

$41B

MBB

$39B

Expense Ratio

SMH

0.35%

Winner

MBB

0.04%

Max Drawdown

SMH

85.92%

Winner

MBB

22.85%

Sharpe Ratio

Winner

SMH

3.17

MBB

0.59

5Y Beta

SMH

1.85

Winner

MBB

0.04

P/E Ratio

SMH

53.19

MBB

N/A

Forward P/E

SMH

26.98

MBB

N/A

PEG Ratio

SMH

0.54

MBB

N/A

5Y Dividends CAGR

SMH

3.73%

Winner

MBB

14.91%

5Y EPS CAGR

SMH

39.18%

MBB

N/A

P/S Ratio

SMH

3.68

MBB

N/A

P/B Ratio

SMH

11.12

MBB

N/A

SMH vs MBB - Historical Returns

Returns include dividend reinvestment.

Period	SMH	MBB
1 month	+33.96%	+0.20%
3 months	+39.32%	+0.37%
6 months	+63.24%	+1.61%
1 year	+156.04%	+7.08%
5 years(CAGR)	+36.80%	+0.40%
10 years(CAGR)	+37.42%	+1.36%
Max(CAGR)	+11.30%	+2.71%

Winner

SMH

+33.96%

MBB

+0.20%

Winner

SMH

+39.32%

MBB

+0.37%

Winner

SMH

+63.24%

MBB

+1.61%

Winner

SMH

+156.04%

MBB

+7.08%

5Y(CAGR)

Winner

SMH

+36.80%

MBB

+0.40%

10Y(CAGR)

Winner

SMH

+37.42%

MBB

+1.36%

Max(CAGR)

Winner

SMH

+11.30%

MBB

+2.71%

SMH vs MBB - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	SMH	MBB
2026	+51.77%	+1.16%
2025	+47.57%	+8.48%
2024	+43.94%	+1.91%
2023	+74.72%	+4.52%
2022	-34.96%	-11.39%
2021	+41.85%	-1.44%
2020	+52.02%	+3.95%
2019	+63.24%	+5.99%
2018	-11.36%	+0.89%
2017	+38.21%	+2.43%
2016	+36.97%	+1.25%
2015	-0.14%	+1.13%
2014	+31.56%	+6.22%
2013	+28.23%	-1.98%
2012	+7.08%	+2.07%
2011	-0.15%	+6.01%
2010	+16.23%	+5.49%
2009	+54.76%	+4.73%
2008	-43.01%	+7.13%
2007	+1.38%	+4.99%
2006	-10.68%	N/A
2005	+12.01%	N/A
2004	-19.40%	N/A
2003	+74.92%	N/A
2002	-49.20%	N/A
2001	-13.35%	N/A
2000	-50.35%	N/A

SMH vs MBB Drawdown Comparison

The maximum drawdown for SMH was -84.96%, occurring on Nov 20, 2008. Recovery took 4247 trading sessions.

The maximum drawdown for MBB was -17.64%, occurring on Oct 19, 2023. Recovery took 1185 trading sessions.

The current MBB drawdown is -1.03%.

Rank	SMH	MBB
#1	-84.96% Jun 21, 2000 - May 10, 2017	-17.64% Feb 9, 2021 - Oct 28, 2025
#2	-45.30% Dec 27, 2021 - Jul 13, 2023	-4.81% Sep 25, 2012 - May 1, 2014
#3	-35.75% Jul 10, 2024 - Jul 2, 2025	-4.32% Mar 9, 2020 - Mar 27, 2020
#4	-33.62% Feb 19, 2020 - Jun 5, 2020	-3.82% Sep 17, 2008 - Nov 25, 2008
#5	-27.01% Mar 12, 2018 - Apr 3, 2019	-3.43% Sep 27, 2016 - Aug 23, 2017
#6	-17.96% Apr 24, 2019 - Jul 23, 2019	-3.00% May 20, 2008 - Sep 2, 2008
#7	-15.58% Feb 16, 2021 - Apr 5, 2021	-2.92% Sep 7, 2017 - Dec 28, 2018
#8	-14.93% Feb 25, 2026 - Apr 9, 2026	-2.65% Nov 4, 2010 - Apr 25, 2011
#9	-14.93% Mar 7, 2024 - May 20, 2024	-2.63% Feb 27, 2026 - Mar 26, 2026
#10	-14.42% Jul 31, 2023 - Nov 14, 2023	-2.56% May 8, 2007 - Aug 21, 2007
#11	-13.04% Apr 5, 2021 - Jun 28, 2021	-2.51% Jan 22, 2008 - Mar 17, 2008
#12	-12.23% Jan 23, 2018 - Mar 6, 2018	-2.02% May 20, 2009 - Jul 8, 2009
#13	-12.18% Jul 24, 2019 - Oct 15, 2019	-1.77% Jan 8, 2009 - Mar 18, 2009
#14	-11.80% Oct 29, 2025 - Dec 9, 2025	-1.74% Apr 15, 2015 - Sep 18, 2015
#15	-10.75% Sep 2, 2020 - Oct 9, 2020	-1.64% Nov 30, 2009 - Feb 4, 2010

Correlation

Correlation between SMH and MBB is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.61

-101

Dividend Comparison (2006 - 2026)

SMH vs MBB dividend yield comparison.

Year	SMH	MBB
2026	0.00%	1.40%
2025	0.31%	4.21%
2024	0.44%	3.94%
2023	0.60%	3.40%
2022	1.18%	2.31%
2021	0.51%	1.05%
2020	0.69%	2.10%
2019	1.50%	2.77%
2018	1.88%	2.64%
2017	1.43%	2.23%
2016	0.80%	2.58%
2015	2.14%	2.66%
2014	1.16%	1.72%
2013	1.55%	1.27%
2012	2.17%	2.04%
2011	6.69%	3.33%
2010	1.29%	5.92%
2009	1.43%	3.57%
2008	2.14%	4.33%
2007	5.37%	3.89%
2006	0.50%	0.00%