Data as of . Every figure is the themes desk's own, on published data.
AIQ vs SMH
29% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIQ and SMH hold 29% of their money in the same securities at the same weight.
| Holding | AIQ | SMH |
|---|---|---|
| MICRON TECHNOLOGY, INC. | 5.77% | 5.68% |
| INTEL CORPORATION | 4.18% | 5.15% |
| BROADCOM INC. | 3.25% | 5.28% |
| Taiwan Semiconductor Manufacturing Compa | 3.02% | 9.29% |
| NVIDIA CORPORATION | 2.70% | 17.56% |
| QUALCOMM INCORPORATED | 1.97% | 3.74% |
| MARVELL TECHNOLOGY, INC. | 1.27% | 4.67% |
| CADENCE DESIGN SYSTEMS, INC. | 0.74% | 2.15% |
| SYNOPSYS, INC. | 0.66% | 1.79% |
| Only in AIQ | Only in SMH |
|---|---|
| SK hynix Inc. 7.12% | Applied Materials Inc 5.74% |
| ADVANCED MICRO DEVICES, INC. 4.81% | Advanced Micro Devices Inc 5.63% |
| Samsung Electronics Co., Ltd. 4.80% | KLA Corp 5.58% |
| CISCO SYSTEMS, INC. 3.83% | Lam Research Corp 5.32% |
| ORACLE CORPORATION 2.99% | ASML Holding NV 5.04% |
| APPLE INC. 2.97% | Texas Instruments Inc 4.17% |
| AMAZON.COM, INC. 2.73% | Analog Devices Inc 4.00% |
| ALPHABET INC. 2.72% | Teradyne Inc 1.50% |
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 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIQ | SMH | AIQ | SMH | AIQ | SMH | |
| 3 months | +2.9% | −0.5% | −1.8 pts | −5.2 pts | +0.8 pts | −2.5 pts |
| 6 months | +31.0% | +49.0% | +15.8 pts | +33.8 pts | +10.8 pts | +28.8 pts |
| 1 year | +42.9% | +96.2% | +22.9 pts | +76.3 pts | +17.3 pts | +70.6 pts |
| 3 years | +124.2% | +267.0% | +46.3 pts | +189.0 pts | +30.8 pts | +173.5 pts |
| Since launch | +340.2% | +5013.0% | +119.0 pts | +4201.6 pts | −9.1 pts | +3328.9 pts |
| AIQ Global X Artificial Intelligence & Technology ETF | SMH VanEck Semiconductor ETF | |
|---|---|---|
| Issuer | Global X | VanEck |
| Theme | Artificial intelligence | Semiconductors |
| In the S&P 500 | 64.8% | 82.0% |
| Active share vs the S&P 500 | 70.2% | 80.6% |
| In the Nasdaq-100 | 55.9% | 85.9% |
| Holdings | 84 | 25 |
| Top ten, share of the fund | 42.7% | 70.3% |
| Expense ratio | 0.68% | 0.35% |
| Fee for the differing part | 0.97% | 0.43% |
| Total return, 1 year | +42.9% | +96.2% |
| vs the S&P 500 | +22.9 pts | +76.3 pts |
| vs the Nasdaq-100 | +17.3 pts | +70.6 pts |
| Below its high | −8.3% | −15.2% |
AIQ in plain words
By weight, 65% of AIQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 70%. The top ten holdings are 43% of the fund across 84 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +42.9% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 22.9 pts. It sits 8.3% below its all-time high of Jun 2, 2026.
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.
Questions people ask
- Do AIQ and SMH hold the same stocks?
- By their latest filings, 29% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AIQ or SMH?
- AIQ has 65% of its weight in S&P 500 names and SMH has 82%, so SMH differs more from the index.
- Which is cheaper, AIQ or SMH?
- AIQ charges 0.68% a year and SMH charges 0.35%, so SMH is cheaper. Fees come from each fund's prospectus.
Other comparisons
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, AIQ against SMH, data as of Sep 4, 2026. https://etfiq.com/compare/themes/AIQ-SMH.html Free to use with attribution; the underlying files are at Open data.