Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
SMH vs VTI
VanEck Semiconductor ETF and Vanguard Total Stock Market Index Fund.
What they hold in common
By the books each fund has filed, SMH and VTI hold 17% of their money in the same securities at the same weight.
| Holding | SMH | VTI |
|---|---|---|
| NVIDIA Corp | 17.56% | 6.37% |
| Broadcom Inc | 5.28% | 2.48% |
| Micron Technology Inc | 5.68% | 1.80% |
| Advanced Micro Devices Inc | 5.63% | 1.31% |
| Applied Materials Inc | 5.74% | 0.80% |
| Intel Corp | 5.15% | 0.78% |
| Lam Research Corp | 5.32% | 0.75% |
| KLA Corp | 5.58% | 0.55% |
| Texas Instruments Inc | 4.17% | 0.38% |
| Marvell Technology Inc | 4.67% | 0.37% |
| QUALCOMM Inc | 3.74% | 0.27% |
| Analog Devices Inc | 4.00% | 0.27% |
| Only in SMH | Only in VTI |
|---|---|
| Taiwan Semiconductor Manufacturing Co Lt 9.29% | Apple Inc 5.88% |
| ASML Holding NV 5.04% | Microsoft Corp 3.84% |
| STMicroelectronics NV 1.26% | Amazon.com Inc 3.19% |
| ARM Holdings PLC 1.17% | Alphabet Inc 2.90% |
| NXP Semiconductors NV 1.15% | Alphabet Inc 2.29% |
| Meta Platforms Inc 1.71% | |
| Tesla Inc 1.64% | |
| Eli Lilly & Co 1.41% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Jun 30, 2026.
| SMH VanEck Semiconductor ETF | VTI Vanguard Total Stock Market Index Fund | |
|---|---|---|
| Where it sits | Themes desk | Core fund |
| Issuer | VanEck | Vanguard |
| What it is | Semiconductors | US total market |
| Total return, 1 year | +96.2% | +20.0% |
| S&P 500 over the same days | +20.0% | +20.0% |
| Gap to the S&P 500 | +76.3 pts | +0.0 pts |
| Expense ratio | 0.35% | 0.03% |
| Already in the S&P 500 | 82.0% | 88.3% |
| Holdings | 25 | 3531 |
SMH in plain words
By weight, 82% of SMH's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 70% of the fund across 25 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +96.2% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 76.3 pts. It sits 15.2% below its all-time high of Jun 22, 2026.
VTI in plain words
VTI is a index equity fund tracking US total market. Over the year to Sep 4, 2026 it returned +20.0% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 3531 positions, with the top ten at 32.1%.
Questions people ask
- Which returned more over the last year, SMH or VTI?
- In the year to Sep 4, 2026, with distributions reinvested, SMH returned +96.2% and VTI returned +20.0%, so SMH returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SMH or VTI?
- SMH charges 0.35% a year and VTI charges 0.03%, so VTI is cheaper. Fees come from each fund's prospectus.
- How much do SMH and VTI overlap with the S&P 500?
- By their latest filed holdings, 82% of SMH and 88% of VTI by weight is stocks the S&P 500 already holds. Between the two funds, 17% of their books are the same securities at the same weight.
- Are SMH and VTI the same kind of fund?
- No. SMH is a thematic ETF and VTI is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SMH against VTI, data as of Sep 4, 2026. https://etfiq.com/compare/any/SMH-VTI.html Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources