Data as of .
AIQ vs SMH: which is really different?
SMH holds 82.3% of its weight in S&P 500 companies and AIQ 55.9%.
ETFIQ Off-Index Score: SMH scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 371 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, AIQ and SMH hold 21% of their money in the same securities at the same weight.
| Holding | AIQ | SMH |
|---|---|---|
| NVIDIA CORP | 2.87% | 22.45% |
| TAIWAN SEMICONDUCTOR-SP ADR | 2.86% | 9.78% |
| INTEL CORP | 2.82% | 4.34% |
| MICRON TECHNOLOGY INC | 2.70% | 5.65% |
| ADVANCED MICRO DEVICES | 2.63% | 5.74% |
| BROADCOM INC | 2.53% | 5.91% |
| MARVELL TECHNOLOGY INC | 1.65% | 4.17% |
| QUALCOMM INC | 1.53% | 4.21% |
| CADENCE DESIGN SYS INC | 0.64% | 1.91% |
| SYNOPSYS INC | 0.60% | 1.87% |
| NXP SEMICONDUCTORS NV | 0.47% | 1.08% |
| Only in AIQ | Only in SMH |
|---|---|
| PALANTIR TECHNOLOGIES INC-A 3.72% | Asml Holding Nv 5.02% |
| MICROSOFT CORP 3.57% | Lam Research Corp 4.29% |
| SPACE EXPLORATION TECHN-CL A 3.51% | Analog Devices Inc 4.26% |
| ORACLE CORP 3.44% | Texas Instruments Inc 4.25% |
| TESLA INC 3.14% | Applied Materials Inc 4.24% |
| NETFLIX INC 3.08% | Kla Corp 3.84% |
| AMAZON.COM INC 3.02% | Teradyne Inc 1.34% |
| META PLATFORMS INC 2.94% | Monolithic Power Systems Inc 1.23% |
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 dated Sep 10, 2026 and Sep 11, 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 | 0.0% | −8.3% | −3.3 pts | −11.6 pts | +0.8 pts | −7.5 pts |
| 6 months | +32.3% | +46.8% | +16.3 pts | +30.8 pts | +11.6 pts | +26.1 pts |
| 1 year | +35.7% | +87.6% | +18.2 pts | +70.1 pts | +12.7 pts | +64.7 pts |
| 3 years | +127.6% | +285.8% | +49.7 pts | +207.9 pts | +32.5 pts | +190.7 pts |
| Since launch | +337.9% | +5026.7% | +119.2 pts | +4222.3 pts | −8.8 pts | +3352.8 pts |
| AIQ Global X Artificial Intelligence & Technology ETF Holds 89 stocks in artificial intelligence, 56% of its weight in S&P 500 companies | SMH VanEck Semiconductor ETF Holds 25 stocks in semiconductors, 82% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Global X | VanEck |
| Theme | Artificial intelligence | Semiconductors |
| In the S&P 500 | 55.9% | 82.3% |
| Active share vs the S&P 500 | 69.7% | 80.6% |
| In the Nasdaq-100 | 47.5% | 80.2% |
| Holdings | 89 | 25 |
| Top ten, share of the fund | 32.2% | 71.7% |
| Expense ratio | 0.68% | 0.35% |
| Fee for the differing part | 0.98% | 0.43% |
| Total return, 1 year | +35.7% | +87.6% |
| vs the S&P 500 | +18.2 pts | +70.1 pts |
| vs the Nasdaq-100 | +12.7 pts | +64.7 pts |
| Below its high | −8.8% | −15.0% |
AIQ in plain words
By weight, 56% 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 32% of the fund across 89 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned +35.7% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 18.2 pts. It sits 8.8% 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 72% of the fund across 25 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +87.6% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 70.1 pts. It sits 15.0% below its all-time high of Jun 22, 2026.
Questions people ask
- Which is more different from the S&P 500, AIQ or SMH?
- AIQ has 56% 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 11, 2026. https://etfiq.com/compare/themes/aiq-vs-smh Free to use with attribution; the underlying files are at Open data.