Data as of .
SIL vs SMH: which is really different?
SMH holds 82.3% of its weight in S&P 500 companies and SIL 0.0%.
ETFIQ Off-Index Score: SIL 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, SIL and SMH hold 0% of their money in the same securities at the same weight.
| Only in SIL | Only in SMH |
|---|---|
| WHEATON PRECIOUS METALS CORP 24.16% | Nvidia Corp 22.45% |
| PAN AMERICAN SILVER CORP 11.19% | Taiwan Semiconductor Manufacturing Co L 9.78% |
| COEUR MINING INC 11.16% | Broadcom Inc 5.91% |
| HECLA MINING CO 4.96% | Advanced Micro Devices Inc 5.74% |
| INDUSTRIAS PENOLES SAB DE CV 4.62% | Micron Technology Inc 5.65% |
| FIRST MAJESTIC SILVER CORP 4.45% | Asml Holding Nv 5.02% |
| SSR MINING INC 4.16% | Intel Corp 4.34% |
| FRESNILLO PLC 4.02% | Lam Research Corp 4.29% |
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 | |||
|---|---|---|---|---|---|---|
| SIL | SMH | SIL | SMH | SIL | SMH | |
| 3 months | +18.1% | −8.3% | +14.8 pts | −11.6 pts | +18.9 pts | −7.5 pts |
| 6 months | +2.3% | +46.8% | −13.7 pts | +30.8 pts | −18.4 pts | +26.1 pts |
| 1 year | +49.1% | +87.6% | +31.6 pts | +70.1 pts | +26.1 pts | +64.7 pts |
| 3 years | +298.1% | +285.8% | +220.2 pts | +207.9 pts | +203.0 pts | +190.7 pts |
| Since launch | +159.8% | +5026.7% | −584.6 pts | +4222.3 pts | −1393.6 pts | +3352.8 pts |
| SIL Global X Silver Miners ETF Holds 41 stocks in miners and metals, 0% 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 | Miners and metals | Semiconductors |
| In the S&P 500 | 0.0% | 82.3% |
| Active share vs the S&P 500 | 100.0% | 80.6% |
| In the Nasdaq-100 | 0.0% | 80.2% |
| Holdings | 41 | 25 |
| Top ten, share of the fund | 76.1% | 71.7% |
| Expense ratio | 0.65% | 0.35% |
| Fee for the differing part | 0.65% | 0.43% |
| Total return, 1 year | +49.1% | +87.6% |
| vs the S&P 500 | +31.6 pts | +70.1 pts |
| vs the Nasdaq-100 | +26.1 pts | +64.7 pts |
| Below its high | −18.3% | −15.0% |
SIL in plain words
By weight, 0% of SIL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 76% of the fund across 41 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned +49.1% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 31.6 pts. It sits 18.3% below its all-time high of Feb 27, 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, SIL or SMH?
- SIL has 0% of its weight in S&P 500 names and SMH has 82%, so SIL differs more from the index.
- Which is cheaper, SIL or SMH?
- SIL charges 0.65% 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, SIL against SMH, data as of Sep 11, 2026. https://etfiq.com/compare/themes/sil-vs-smh Free to use with attribution; the underlying files are at Open data.