SMHX vs GDMA

Comparison between VANECK FABLESS SEMICONDUCTOR ETF (SMHX, ETF) and GADSDEN DYNAMIC MULTI-ASSET ETF (GDMA, ETF).

SMHX vs GDMA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMHX(ETF)	GDMA(ETF)
Net Assets	$202M	$203M
Expense Ratio	0.35%	0.75%
Max Drawdown	38.53%	16.66%
Sharpe Ratio	2.20	1.40
5Y Beta	1.99	0.44
P/E Ratio	82.13	N/A
Forward P/E	42.59	N/A
PEG Ratio	0.99	N/A
5Y Dividends CAGR	N/A	41.41%
5Y EPS CAGR	33.64%	N/A
Debt to Equity	21.97%	N/A
P/S Ratio	16.70	N/A
P/B Ratio	13.43	N/A

Net Assets

SMHX

$202M

Winner

GDMA

$203M

Expense Ratio

Winner

SMHX

0.35%

GDMA

0.75%

Max Drawdown

SMHX

38.53%

Winner

GDMA

16.66%

Sharpe Ratio

Winner

SMHX

2.20

GDMA

1.40

5Y Beta

SMHX

1.99

Winner

GDMA

0.44

P/E Ratio

SMHX

82.13

GDMA

N/A

Forward P/E

SMHX

42.59

GDMA

N/A

PEG Ratio

SMHX

0.99

GDMA

N/A

5Y Dividends CAGR

SMHX

N/A

GDMA

41.41%

5Y EPS CAGR

SMHX

33.64%

GDMA

N/A

Debt to Equity

SMHX

21.97%

GDMA

N/A

P/S Ratio

SMHX

16.70

GDMA

N/A

P/B Ratio

SMHX

13.43

GDMA

N/A

SMHX vs GDMA - Historical Returns

Returns include dividend reinvestment.

Period	SMHX	GDMA
1 month	+14.04%	-3.70%
3 months	+57.31%	-1.00%
6 months	+48.92%	+7.63%
1 year	+109.92%	+24.90%
5 years(CAGR)	N/A	+6.49%
Max(CAGR)	+63.92%	+8.90%

Winner

SMHX

+14.04%

GDMA

-3.70%

Winner

SMHX

+57.31%

GDMA

-1.00%

Winner

SMHX

+48.92%

GDMA

+7.63%

Winner

SMHX

+109.92%

GDMA

+24.90%

5Y(CAGR)

SMHX

N/A

GDMA

+6.49%

Max(CAGR)

Winner

SMHX

+63.92%

GDMA

+8.90%

SMHX vs GDMA - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	SMHX	GDMA
2026	+52.35%	+4.02%
2025	+28.55%	+24.94%
2024	+17.76%	+7.81%
2023	N/A	+1.68%
2022	N/A	-2.83%
2021	N/A	+3.19%
2020	N/A	+20.11%
2019	N/A	+11.60%
2018	N/A	-3.93%

SMHX vs GDMA Drawdown Comparison

The maximum drawdown for SMHX was -38.53%, occurring on Apr 8, 2025. Recovery took 116 trading sessions.

The maximum drawdown for GDMA was -16.66%, occurring on Mar 18, 2020. Recovery took 95 trading sessions.

The current SMHX drawdown is -12.26%. The current GDMA drawdown is -6.33%.

Rank	SMHX	GDMA
#1	-38.53% Jan 22, 2025 - Jul 10, 2025	-16.66% Feb 19, 2020 - Jul 6, 2020
#2	-17.06% Oct 29, 2025 - Apr 13, 2026	-12.74% Apr 18, 2022 - Jul 16, 2024
#3	-12.26% Jun 3, 2026 - Jun 5, 2026	-8.45% Aug 19, 2020 - Dec 15, 2020
#4	-12.25% Aug 30, 2024 - Sep 19, 2024	-8.32% Jun 1, 2021 - Mar 23, 2022
#5	-8.61% Nov 7, 2024 - Dec 4, 2024	-7.53% Feb 26, 2026 - May 19, 2026
#6	-7.31% Oct 8, 2025 - Oct 27, 2025	-6.90% Feb 20, 2025 - May 13, 2025
#7	-7.04% Oct 29, 2024 - Nov 6, 2024	-5.48% Feb 12, 2021 - May 5, 2021
#8	-6.96% Dec 16, 2024 - Jan 6, 2025	-5.21% Dec 3, 2018 - Jun 18, 2019
#9	-6.87% Apr 24, 2026 - May 5, 2026	-5.18% Aug 6, 2020 - Aug 19, 2020
#10	-6.22% Jan 6, 2025 - Jan 22, 2025	-4.89% Jul 16, 2024 - Aug 21, 2024
#11	-5.41% Aug 13, 2025 - Aug 28, 2025	-4.75% Oct 6, 2025 - Dec 23, 2025
#12	-5.25% May 14, 2026 - May 20, 2026	-4.12% Jan 7, 2021 - Feb 8, 2021
#13	-5.17% Sep 26, 2024 - Oct 8, 2024	-3.29% Aug 23, 2024 - Sep 19, 2024
#14	-4.91% Aug 28, 2025 - Sep 8, 2025	-3.19% Dec 11, 2024 - Feb 14, 2025
#15	-3.80% Jul 30, 2025 - Aug 8, 2025	-3.12% Jan 28, 2026 - Feb 20, 2026