Data as of . Every figure is the themes desk's own, on published data.
ARKK vs SMH
8% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ARKK and SMH hold 8% of their money in the same securities at the same weight.
| Holding | ARKK | SMH |
|---|---|---|
| NVIDIA CORP | 2.54% | 17.56% |
| ADVANCED MICRO DEVICES | 2.44% | 5.63% |
| BROADCOM INC | 1.66% | 5.28% |
| TAIWAN SEMICONDUCTOR-SP ADR | 0.95% | 9.29% |
| TERADYNE INC | 0.85% | 1.50% |
| Only in ARKK | Only in SMH |
|---|---|
| TESLA INC 9.62% | Applied Materials Inc 5.74% |
| SPACE EXPLORATION TECHN-CL A 6.28% | Micron Technology Inc 5.68% |
| CIRCLE INTERNET GROUP INC 6.06% | KLA Corp 5.58% |
| TEMPUS AI INC-CL A 5.17% | Lam Research Corp 5.32% |
| COINBASE GLOBAL INC -CLASS A 4.76% | Intel Corp 5.15% |
| CRISPR THERAPEUTICS AG 4.55% | ASML Holding NV 5.04% |
| ROBINHOOD MARKETS INC - A 4.28% | Marvell Technology Inc 4.67% |
| SHOPIFY INC - CLASS A 3.37% | Texas Instruments Inc 4.17% |
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 Sep 4, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ARKK | SMH | ARKK | SMH | ARKK | SMH | |
| 3 months | +15.8% | −0.5% | +11.1 pts | −5.2 pts | +13.7 pts | −2.5 pts |
| 6 months | +19.1% | +49.0% | +3.9 pts | +33.8 pts | −1.1 pts | +28.8 pts |
| 1 year | +14.9% | +96.2% | −5.0 pts | +76.3 pts | −10.7 pts | +70.6 pts |
| 3 years | +97.5% | +267.0% | +19.6 pts | +189.0 pts | +4.1 pts | +173.5 pts |
| Since launch | +367.8% | +5013.0% | +2.5 pts | +4201.6 pts | −308.1 pts | +3328.9 pts |
| ARKK ARK Innovation ETF | SMH VanEck Semiconductor ETF | |
|---|---|---|
| Issuer | ARK | VanEck |
| Theme | Broad innovation and megatrends | Semiconductors |
| In the S&P 500 | 37.9% | 82.0% |
| Active share vs the S&P 500 | 85.4% | 80.6% |
| In the Nasdaq-100 | 28.4% | 85.9% |
| Holdings | 47 | 25 |
| Top ten, share of the fund | 50.3% | 70.3% |
| Expense ratio | 0.75% | 0.35% |
| Fee for the differing part | 0.88% | 0.43% |
| Total return, 1 year | +14.9% | +96.2% |
| vs the S&P 500 | −5.0 pts | +76.3 pts |
| vs the Nasdaq-100 | −10.7 pts | +70.6 pts |
| Below its high | −44.2% | −15.2% |
ARKK in plain words
By weight, 38% of ARKK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 85%. The top ten holdings are 50% of the fund across 47 positions, as filed for Sep 4, 2026. Over the year to Sep 4, 2026 the fund returned +14.9% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 5.0 pts. It sits 44.2% below its all-time high of Feb 12, 2021.
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 ARKK and SMH hold the same stocks?
- By their latest filings, 8% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, ARKK or SMH?
- ARKK has 38% of its weight in S&P 500 names and SMH has 82%, so ARKK differs more from the index.
- Which is cheaper, ARKK or SMH?
- ARKK charges 0.75% 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, ARKK against SMH, data as of Sep 4, 2026. https://etfiq.com/compare/themes/ARKK-SMH.html Free to use with attribution; the underlying files are at Open data.