SMH (VanEck Semiconductor ETF) — over the past 10 years it returned about 32.2% annualized on a total-return basis, yields roughly 0.21%, and had a worst drawdown near -45.3%. Here is the full picture — and you can backtest it yourself for free.
$10,000, 10 years on
A $10,000 investment 10 years ago, dividends reinvested, would be worth about $214,773 today.
Sortino
1.40
Volatility
32.7%
$10k → today
$214,773
Dividend history
| Year | Dividend / share | YoY growth |
|---|---|---|
| 2020 | $0.75 | — |
| 2021 | $0.79 | 4.7% |
| 2022 | $1.20 | 52.6% |
| 2023 | $1.04 | -13.1% |
| 2024 | $1.07 | 2.7% |
| 2025 | $1.10 | 3.2% |
Risk & return vs the S&P 500
| Metric | SMH | SPY |
|---|---|---|
| CAGR | 32.2% | 14.4% |
| Volatility | 32.7% | 17.6% |
| Sharpe | 1.02 | 0.85 |
| Sortino | 1.40 | 1.04 |
| Max drawdown | -45.3% | -33.7% |
| Dividend yield | 0.21% | 1.00% |