Data as of . Every figure is the themes desk's own, on published data.
SMH vs XT
18% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, SMH and XT hold 18% of their money in the same securities at the same weight.
| Holding | SMH | XT |
|---|---|---|
| Texas Instruments Inc | 4.17% | 5.05% |
| NVIDIA Corp | 17.56% | 4.02% |
| Analog Devices Inc | 4.00% | 4.00% |
| Broadcom Inc | 5.28% | 2.23% |
| Micron Technology Inc | 5.68% | 0.77% |
| Advanced Micro Devices Inc | 5.63% | 0.71% |
| ON Semiconductor Corp | 0.58% | 0.83% |
| Monolithic Power Systems Inc | 1.22% | 0.24% |
| Marvell Technology Inc | 4.67% | 0.16% |
| Cadence Design Systems Inc | 2.15% | 0.11% |
| Synopsys Inc | 1.79% | 0.11% |
| Only in SMH | Only in XT |
|---|---|
| Taiwan Semiconductor Manufacturing Co Lt 9.29% | MICROSOFT CORPORATION 3.62% |
| Applied Materials Inc 5.74% | TESLA, INC. 3.52% |
| KLA Corp 5.58% | ELI LILLY AND COMPANY 3.41% |
| Lam Research Corp 5.32% | AMAZON.COM, INC. 3.18% |
| Intel Corp 5.15% | ALPHABET INC. 2.84% |
| ASML Holding NV 5.04% | JOHNSON & JOHNSON 2.67% |
| QUALCOMM Inc 3.74% | Taiwan Semiconductor Manufacturing Compa 2.36% |
| Teradyne Inc 1.50% | Infineon Technologies AG 1.87% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| SMH | XT | SMH | XT | SMH | XT | |
| 3 months | −0.5% | +3.1% | −5.2 pts | −1.6 pts | −2.5 pts | +1.0 pts |
| 6 months | +49.0% | +18.7% | +33.8 pts | +3.5 pts | +28.8 pts | −1.5 pts |
| 1 year | +96.2% | +31.3% | +76.3 pts | +11.3 pts | +70.6 pts | +5.7 pts |
| 3 years | +267.0% | +62.6% | +189.0 pts | −15.3 pts | +173.5 pts | −30.9 pts |
| Since launch | +5013.0% | +285.1% | +4201.6 pts | −59.8 pts | +3328.9 pts | −339.5 pts |
| SMH VanEck Semiconductor ETF | XT iShares Future Exponential Technologies ETF | |
|---|---|---|
| Issuer | VanEck | iShares |
| Theme | Semiconductors | Broad innovation and megatrends |
| In the S&P 500 | 82.0% | 65.9% |
| Active share vs the S&P 500 | 80.6% | 66.8% |
| In the Nasdaq-100 | 85.9% | 42.9% |
| Holdings | 25 | 218 |
| Top ten, share of the fund | 70.3% | 34.7% |
| Expense ratio | 0.35% | 0.46% |
| Fee for the differing part | 0.43% | 0.69% |
| Total return, 1 year | +96.2% | +31.3% |
| vs the S&P 500 | +76.3 pts | +11.3 pts |
| vs the Nasdaq-100 | +70.6 pts | +5.7 pts |
| Below its high | −15.2% | −1.8% |
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.
XT in plain words
By weight, 66% of XT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 35% of the fund across 218 positions, as filed for Apr 30, 2026. Over the year to Sep 4, 2026 the fund returned +31.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 11.3 pts.
Questions people ask
- Do SMH and XT hold the same stocks?
- By their latest filings, 18% 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, SMH or XT?
- SMH has 82% of its weight in S&P 500 names and XT has 66%, so SMH differs more from the index.
- Which is cheaper, SMH or XT?
- SMH charges 0.35% a year and XT charges 0.46%, 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, SMH against XT, data as of Sep 4, 2026. https://etfiq.com/compare/themes/SMH-XT.html Free to use with attribution; the underlying files are at Open data.