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Data as of .

SMH vs SMHC: which is really different?

SMH and SMHC hold 0% of their weight in the same names.

VanEck Semiconductor ETF and VanEck China Semiconductor ETF.

82.2%SMH in the S&P 500
0.0%SMHC in the S&P 500
+81.3%SMH total return, 1 year
−20.9%SMHC total return, 1 year

ETFIQ Off-Index Score: SMHC scores higher

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

SMH 10.9SMHC 91.80.1, 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

SMH18% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
82%18%of its weight in S&P 500 companiesoutsideactive share 81% · top ten 72% of the fund · 26 holdings filed Sep 17, 2026 · Nasdaq-100: 80% in82%18%in the S&P 50018% of its weight outside the S&P 500active share 81% · top ten 72% of the fund
SMHC100% of its weight is outside the S&P 500 · since launch to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 61% of the fund · 30 holdings filed Sep 17, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 61% of the fund

0% 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 SMHC hold 0% of their money in the same securities at the same weight.

Only in each
Only in SMHOnly in SMHC
Nvidia Corp 19.99%Cambricon Technologies Corp Ltd 9.95%
Taiwan Semiconductor Manufacturing Co L 9.34%Hygon Information Technology Co Ltd 7.97%
Broadcom Inc 5.67%Naura Technology Group Co Ltd 7.08%
Advanced Micro Devices Inc 5.41%Advanced Micro-Fabrication Equipment In 5.09%
Micron Technology Inc 4.98%Hua Hong Semiconductor Ltd 4.89%
Sk Hynix Inc 4.75%Gigadevice Semiconductor Inc 4.86%
Intel Corp 4.63%Suzhou Dongshan Precision Manufacturing 4.78%
Texas Instruments Inc 4.62%Piotech Inc 4.64%

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 18, 2026.

Performance, window by window

SMH and SMHC over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
SMHSMHCSMHSMHCSMHSMHC
3 months−13.2%not published−15.4 ptsnot published−10.7 ptsnot published
6 months+48.9%not published+30.9 ptsnot published+24.7 ptsnot published
1 year+81.3%not published+64.8 ptsnot published+59.6 ptsnot published
3 years+297.7%not published+219.3 ptsnot published+199.5 ptsnot published
Since launch+5067.0%−20.9%+4263.5 pts−25.1 pts+3376.8 pts−22.5 pts
Open the live comparison on ETFIQ
SMH and SMHC on the same fields, as of Sep 18, 2026. Source: ETFIQ.
SMH
VanEck Semiconductor ETF
Holds 26 stocks in semiconductors, 82% of its weight in S&P 500 companies
SMHC
VanEck China Semiconductor ETF
Holds 30 stocks in semiconductors, 0% of its weight in S&P 500 companies
IssuerVanEckVanEck
ThemeSemiconductorsSemiconductors
In the S&P 50082.2%0.0%
Active share vs the S&P 50080.6%100.0%
In the Nasdaq-10080.1%0.0%
Holdings2630
Top ten, share of the fund72.3%60.7%
Expense ratio0.35%0.65%
Fee for the differing part0.43%0.65%
Total return, 1 year+81.3%−20.9% (since launch on Jun 24, 2026)
vs the S&P 500+64.8 pts−25.1 pts
vs the Nasdaq-100+59.6 pts−22.5 pts
Below its high−14.3%−29.0%
Net assets$70.0bn$21m

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 26 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +81.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 64.8 pts. It sits 14.3% below its all-time high of Jun 22, 2026.

SMHC in plain words

By weight, 0% of SMHC'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 61% of the fund across 30 positions, as published by its issuer for Sep 18, 2026. Since it launched on Jun 24, 2026 the fund returned −20.9% with distributions reinvested against +4.1% for the S&P 500, so a holder was behind by 25.1 pts. It sits 29.0% below its all-time high of Jun 30, 2026.

Questions people ask

Do SMH and SMHC hold the same stocks?
By their latest filings, 0% 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 SMHC?
SMH has 82% of its weight in S&P 500 names and SMHC has 0%, so SMHC differs more from the index.
Which is cheaper, SMH or SMHC?
SMH charges 0.35% a year and SMHC charges 0.65%, 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.

SMH against SMHC, 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, SMH against SMHC, data as of Sep 18, 2026. https://etfiq.com/compare/themes/smh-vs-smhc Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources