ARKK vs SMH: returns, Sharpe ratio and drawdown

Over the past year, SMH returned +75.91% against -4.43% for ARKK. Over five years, SMH averaged +35.96% a year, compared with -5.44% for ARKK. SMH had the higher Sharpe ratio over the past year (1.53 vs -0.05), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -24.62% for SMH and -30.70% for ARKK.