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Data as of .

SMHC vs SMHX: which is really different?

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

VanEck China Semiconductor ETF and VanEck Fabless Semiconductor ETF.

0.0%SMHC in the S&P 500
65.8%SMHX in the S&P 500
−20.9%SMHC total return, 1 year
+48.5%SMHX 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?

SMHC 91.8SMHX 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

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
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

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

Only in each
Only in SMHCOnly in SMHX
Cambricon Technologies Corp Ltd 8.91%Nvidia Corp 23.10%
Hygon Information Technology Co Ltd 6.95%Broadcom Inc 14.75%
Eoptolink Technology Inc Ltd 6.92%Advanced Micro Devices Inc 6.38%
Advanced Micro-Fabrication Equipment In 6.68%Qualcomm Inc 5.25%
Naura Technology Group Co Ltd 6.14%Marvell Technology Inc 5.04%
Yuanjie Semiconductor Technology Co Ltd 5.87%Astera Labs Inc 4.22%
Piotech Inc 5.28%Semtech Corp 4.20%
Suzhou Dongshan Precision Manufacturing 5.01%Arm Holdings Plc 4.13%

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 17, 2026.

Performance, window by window

SMHC 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
SMHCSMHXSMHCSMHXSMHCSMHX
3 monthsnot published−13.9%not published−16.2 ptsnot published−11.4 pts
6 monthsnot published+55.4%not published+37.4 ptsnot published+31.2 pts
1 yearnot published+48.5%not published+31.9 ptsnot published+26.7 pts
Since launch−20.9%+129.6%−25.1 pts+89.6 pts−22.5 pts+75.0 pts
Open the live comparison on ETFIQ
SMHC and SMHX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
SMHC
VanEck China Semiconductor ETF
Holds 30 stocks in semiconductors, 0% 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
IssuerVanEckVanEck
ThemeSemiconductorsSemiconductors
In the S&P 5000.0%65.8%
Active share vs the S&P 500100.0%87.1%
In the Nasdaq-1000.0%69.9%
Holdings3022
Top ten, share of the fund60.7%74.8%
Expense ratio0.65%0.35%
Fee for the differing part0.65%0.40%
Total return, 1 year−20.9% (since launch on Jun 24, 2026)+48.5%
vs the S&P 500−25.1 pts+31.9 pts
vs the Nasdaq-100−22.5 pts+26.7 pts
Below its high−29.0%−15.9%
Net assets$21m$267m

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 17, 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.

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 SMHC and SMHX 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, SMHC or SMHX?
SMHC has 0% of its weight in S&P 500 names and SMHX has 66%, so SMHC differs more from the index.
Which is cheaper, SMHC or SMHX?
SMHC charges 0.65% 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.

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

How every figure is computed · Standards and sources