SMH
VanEck Semiconductor ETF

Price: $267.21
Change: $4.12 (0.02%)
Last Updated:

Vitals

Issuer VanEck
Brand VanEck
Structure ETF
Expense Ratio 0.35%
ETF Home Page Home page
Inception May 05, 2000

Analyst Report

SMH tracks the overall performance of the 25 largest, U.S. listed companies that produce semiconductors, a crucial component of modern computing. Semiconductor chips act as the brains to numerous devices that we rely on today, including smartphones, calculators, computers, and much more. As technology continues to improve and expand, these chips will invariably be in demand to help power new devices. The fund focuses on U.S. stocks entirely, offering investors concentrated exposure to America’s semiconductor industry. Investors should note that this fund is equally split between giant, large, and mid cap size companies, offering a well-balanced risk/return profile. Given its shallow portfolio, SMH is inherently top-heavy; the top ten holdings account for over two-thirds of total assets. Overall, this ETF is fairly priced and it may hold appeal as a long-term, core holding for buy-and-hold investors looking to tilt exposure towards this corner of the technology sector.

ETF Database Themes

Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Growth
Sector (General) Technology
Sector (Specific) Semiconductors
Region (General) Developed Markets
Region (Specific) Broad

FactSet Classifications

Segment Equity: Global Semiconductors
Category Sector
Focus Information Technology
Niche Semiconductors
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $135.29
  • 52 Week Hi $268.14
  • AUM $22,960.1 M
  • Shares 87.2 M

Historical Trading Data

  • 1 Month Avg. Volume 7,170,961
  • 3 Month Avg. Volume 7,477,874

Alternative ETFs in the ETF Database Technology Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FTEC 0.08% $10.6 B 228,402 19.74%
Largest (AUM) VGT 0.10% $73.2 B 404,868 19.53%
Most Liquid (Volume) XLK 0.09% $70.5 B 6 M 18.03%
Top YTD Performer CRPT 0.85% $63.3 M 71,923 45.50%

Alternative ETFs in the FactSet Equity: Global Semiconductors Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest CHPS 0.15% $8.2 M 1,525 29.28%
Largest (AUM) CHPS 0.15% $8.2 M 1,525 29.28%
Most Liquid (Volume) CHPS 0.15% $8.2 M 1,525 29.28%
Top YTD Performer CHPS 0.15% $8.2 M 1,525 29.28%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

SMH ETF Database Category Average FactSet Segment Average
Number of Holdings 26 63 39
% of Assets in Top 10 75.37% 50.04% 61.82%
% of Assets in Top 15 90.24% 63.31% 78.25%
% of Assets in Top 50 100.02% 94.29% 99.90%

Size Comparison

SMH ETF Database Category Average FactSet Segment Average
Large (>12.9B) 99.38% 61.72% 97.79%
Mid (>2.7B) 0.58% 19.42% 2.09%
Small (>600M) 0.00% 10.09% 0.00%
Micro (<600M) 0.00% 3.33% 0.00%

SMH Valuation

This section compares the P/E ratio of this ETF to its peers.

SMH
P/E Ratio
20.35
ETF Database Category Average
P/E Ratio
11.70
FactSet Segment Average
P/E Ratio
10.18

SMH Dividend

This section compares the dividend yield of this ETF to its peers.

SMH ETF Database Category Average FactSet Segment Average
Dividend $ 1.04 $ 0.20 $ 0.55
Dividend Date 2023-12-18 N/A N/A
Annual Dividend Rate $ 1.04 $ 0.48 $ 0.60
Annual Dividend Yield 0.39% 1.39% 0.41%

SMH Price and Volume Charts

View charts featuring SMH price and volume data.

SMH Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 571.31 M 1 Month Net Flows: 703.23 M 3 Month Net Flows: 2.33 B 6 Month Net Flows: 4.62 B 1 Year Net Flows: 4.91 B 3 Year Net Flows: 7.81 B 5 Year Net Flows: 9.66 B 10 Year Net Flows: 10.22 B

SMH Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.