Data as of .
SMH vs SOXQ: which is really different?
SMH and SOXQ hold 77% of their weight in the same names, and SOXQ returned more over the year.
ETFIQ Off-Index Score: SOXQ scores higher
How much of it is not the index it is sold as an alternative to?
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
77% 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 SOXQ hold 77% of their money in the same securities at the same weight.
| Holding | SMH | SOXQ |
|---|---|---|
| Nvidia Corp | 19.99% | 13.73% |
| Broadcom Inc | 5.67% | 8.69% |
| Micron Technology Inc | 4.98% | 9.09% |
| Advanced Micro Devices Inc | 5.41% | 4.71% |
| Taiwan Semiconductor Manufacturing Co L | 9.34% | 4.52% |
| Asml Holding Nv | 4.40% | 4.53% |
| Marvell Technology Inc | 4.39% | 5.17% |
| Applied Materials Inc | 4.30% | 4.29% |
| Intel Corp | 4.63% | 4.11% |
| Kla Corp | 4.39% | 4.00% |
| Analog Devices Inc | 4.08% | 3.94% |
| Lam Research Corp | 4.13% | 3.93% |
| Only in SMH | Only in SOXQ |
|---|---|
| Sk Hynix Inc 4.75% | Coherent Corp 2.56% |
| Cadence Design Systems Inc 1.75% | Credo Technology Group Holding Ltd 1.34% |
| Synopsys Inc 1.67% | GLOBALFOUNDRIES Inc 1.08% |
| Stmicroelectronics Nv 0.91% | Entegris Inc 0.90% |
| MACOM Technology Solutions Holdings Inc 0.87% | |
| Skyworks Solutions Inc 0.55% | |
| Nova Ltd 0.47% | |
| Qorvo Inc 0.43% |
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 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| SMH | SOXQ | SMH | SOXQ | SMH | SOXQ | |
| 3 months | −13.2% | −16.7% | −15.4 pts | −19.0 pts | −10.7 pts | −14.2 pts |
| 6 months | +48.9% | +55.7% | +30.9 pts | +37.6 pts | +24.7 pts | +31.4 pts |
| 1 year | +81.3% | +90.6% | +64.8 pts | +74.0 pts | +59.6 pts | +68.8 pts |
| 3 years | +297.7% | +250.9% | +219.3 pts | +172.5 pts | +199.5 pts | +152.8 pts |
| Since launch | +5067.0% | +288.6% | +4263.5 pts | +195.4 pts | +3376.8 pts | +170.6 pts |
| SMH VanEck Semiconductor ETF Holds 26 stocks in semiconductors, 82% of its weight in S&P 500 companies | SOXQ Invesco PHLX Semiconductor ETF Holds 33 stocks in semiconductors, 82% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | VanEck | Invesco |
| Theme | Semiconductors | Semiconductors |
| In the S&P 500 | 82.2% | 81.7% |
| Active share vs the S&P 500 | 80.6% | 80.8% |
| In the Nasdaq-100 | 80.1% | 81.2% |
| Holdings | 26 | 33 |
| Top ten, share of the fund | 72.3% | 62.9% |
| Expense ratio | 0.35% | 0.19% |
| Fee for the differing part | 0.43% | 0.24% |
| Total return, 1 year | +81.3% | +90.6% |
| vs the S&P 500 | +64.8 pts | +74.0 pts |
| vs the Nasdaq-100 | +59.6 pts | +68.8 pts |
| Below its high | −14.3% | −18.5% |
| Net assets | $70.0bn | $3.1bn |
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.
SOXQ in plain words
By weight, 82% of SOXQ'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 63% of the fund across 33 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned +90.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 74.0 pts. It sits 18.5% below its all-time high of Jun 22, 2026.
Questions people ask
- Do SMH and SOXQ hold the same stocks?
- By their latest filings, 77% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, SMH or SOXQ?
- SMH has 82% of its weight in S&P 500 names and SOXQ has 82%, so SOXQ differs more from the index.
- Which is cheaper, SMH or SOXQ?
- SMH charges 0.35% a year and SOXQ charges 0.19%, so SOXQ 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 SOXQ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/smh-vs-soxq Free to use with attribution; the underlying files are at Open data.