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Data as of .

SHOC vs SMHX: which is really different?

SHOC and SMHX hold 44% of their weight in the same names, and SHOC returned more over the year.

Strive U.S. Semiconductor ETF and VanEck Fabless Semiconductor ETF.

90.7%SHOC in the S&P 500
65.8%SMHX in the S&P 500
+72.0%SHOC total return, 1 year
+48.5%SMHX total return, 1 year

ETFIQ Off-Index Score: SMHX scores higher

How much of it is not the index it is sold as an alternative to?

SHOC 10.7SMHX 21.50.1, the lowest in this set91.8, the highest

A percentile among the 379 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

SHOC9% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
91%9%of its weight in S&P 500 companiesoutsideactive share 80% · top ten 77% of the fund · 30 holdings filed Jun 30, 2026 · Nasdaq-100: 86% in91%9%of its weight in S&P 500 companies9% of its weight outside the S&P 500active share 80% · top ten 77% of the fund
SMHX34% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
66%34%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 87% · top ten 75% of the fund · 22 holdings filed Sep 17, 2026 · Nasdaq-100: 70% in66%34%in the S&P 500outsideactive share 87% · top ten 75% of the fund

44% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, SHOC and SMHX hold 44% of their money in the same securities at the same weight.

Positions SHOC and SMHX both hold, largest shared weight first
HoldingSHOCSMHX
NVIDIA Corp17.62%23.10%
Broadcom Inc9.72%14.75%
Advanced Micro Devices Inc5.10%6.38%
MARVELL TECHNOLOGY INC4.22%5.04%
Cadence Design Systems Inc1.63%3.48%
QUALCOMM Inc1.54%5.25%
Synopsys Inc1.35%3.97%
Astera Labs Inc1.17%4.22%
Monolithic Power Systems Inc1.03%3.79%
ARM Holdings PLC0.77%4.13%
Rambus Inc0.23%2.74%
Only in each
Only in SHOCOnly in SMHX
Micron Technology Inc 14.10%Semtech Corp 4.20%
Applied Materials Inc 6.67%Sitime Corp 3.46%
KLA CORP 5.21%Lattice Semiconductor Corp 3.31%
ASML Holding NV 5.05%Silicon Motion Technology Corp 3.31%
Lam Research Corp 4.97%Silicon Laboratories Inc 2.27%
Intel Corp 4.62%Cirrus Logic Inc 2.03%
Texas Instruments Inc 3.85%Impinj Inc 1.22%
Analog Devices Inc 3.05%Ambarella Inc 0.99%

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 Jun 30, 2026 and Sep 17, 2026.

Performance, window by window

SHOC and SMHX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
SHOCSMHXSHOCSMHXSHOCSMHX
3 months−13.7%−13.9%−16.0 pts−16.2 pts−11.3 pts−11.4 pts
6 months+46.1%+55.4%+28.0 pts+37.4 pts+21.8 pts+31.2 pts
1 year+72.0%+48.5%+55.5 pts+31.9 pts+50.3 pts+26.7 pts
3 years+224.8%not published+146.4 ptsnot published+126.7 ptsnot published
Since launch+331.6%+129.6%+216.6 pts+89.6 pts+167.8 pts+75.0 pts
Open the live comparison on ETFIQ
SHOC and SMHX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
SHOC
Strive U.S. Semiconductor ETF
Holds 30 stocks in semiconductors, 91% of its weight in S&P 500 companies
SMHX
VanEck Fabless Semiconductor ETF
Holds 22 stocks in semiconductors, 66% of its weight in S&P 500 companies
IssuerStriveVanEck
ThemeSemiconductorsSemiconductors
In the S&P 50090.7%65.8%
Active share vs the S&P 50080.4%87.1%
In the Nasdaq-10086.2%69.9%
Holdings3022
Top ten, share of the fund77.3%74.8%
Expense ratio0.40%0.35%
Fee for the differing part0.50%0.40%
Total return, 1 year+72.0%+48.5%
vs the S&P 500+55.5 pts+31.9 pts
vs the Nasdaq-100+50.3 pts+26.7 pts
Below its high−15.2%−15.9%
Net assets$278m$267m

SHOC in plain words

By weight, 91% of SHOC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 80%. The top ten holdings are 77% of the fund across 30 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +72.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 55.5 pts. It sits 15.2% below its all-time high of Jun 22, 2026.

SMHX in plain words

By weight, 66% of SMHX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 87%. The top ten holdings are 75% of the fund across 22 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned +48.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 31.9 pts. It sits 15.9% below its all-time high of Jun 3, 2026.

Questions people ask

Do SHOC and SMHX hold the same stocks?
By their latest filings, 44% 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, SHOC or SMHX?
SHOC has 91% of its weight in S&P 500 names and SMHX has 66%, so SMHX differs more from the index.
Which is cheaper, SHOC or SMHX?
SHOC charges 0.40% a year and SMHX charges 0.35%, so SMHX 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.

SHOC against SMHX, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SHOC against SMHX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/shoc-vs-smhx Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources