Data as of .
SMHX vs SOXQ: which is really different?
SMHX and SOXQ hold 42% of their weight in the same names, and SOXQ returned more over the year.
ETFIQ Off-Index Score: SMHX 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
42% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, SMHX and SOXQ hold 42% of their money in the same securities at the same weight.
| Holding | SMHX | SOXQ |
|---|---|---|
| Nvidia Corp | 23.10% | 13.73% |
| Broadcom Inc | 14.75% | 8.69% |
| Marvell Technology Inc | 5.04% | 5.17% |
| Advanced Micro Devices Inc | 6.38% | 4.71% |
| Qualcomm Inc | 5.25% | 3.09% |
| Monolithic Power Systems Inc | 3.79% | 2.47% |
| Astera Labs Inc | 4.22% | 2.15% |
| Arm Holdings Plc | 4.13% | 1.61% |
| Rambus Inc | 2.74% | 0.39% |
| Only in SMHX | Only in SOXQ |
|---|---|
| Semtech Corp 4.20% | Micron Technology Inc 9.09% |
| Synopsys Inc 3.97% | ASML Holding NV 4.53% |
| Cadence Design Systems Inc 3.48% | Taiwan Semiconductor Manufacturing Co Lt 4.52% |
| Sitime Corp 3.46% | Applied Materials Inc 4.29% |
| Lattice Semiconductor Corp 3.31% | Intel Corp 4.11% |
| Silicon Motion Technology Corp 3.31% | KLA Corp 4.00% |
| Silicon Laboratories Inc 2.27% | Analog Devices Inc 3.94% |
| Cirrus Logic Inc 2.03% | Lam Research Corp 3.93% |
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 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| SMHX | SOXQ | SMHX | SOXQ | SMHX | SOXQ | |
| 3 months | −13.9% | −16.7% | −16.2 pts | −19.0 pts | −11.4 pts | −14.2 pts |
| 6 months | +55.4% | +55.7% | +37.4 pts | +37.6 pts | +31.2 pts | +31.4 pts |
| 1 year | +48.5% | +90.6% | +31.9 pts | +74.0 pts | +26.7 pts | +68.8 pts |
| 3 years | not published | +250.9% | not published | +172.5 pts | not published | +152.8 pts |
| Since launch | +129.6% | +288.6% | +89.6 pts | +195.4 pts | +75.0 pts | +170.6 pts |
| SMHX VanEck Fabless Semiconductor ETF Holds 22 stocks in semiconductors, 66% 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 | 65.8% | 81.7% |
| Active share vs the S&P 500 | 87.1% | 80.8% |
| In the Nasdaq-100 | 69.9% | 81.2% |
| Holdings | 22 | 33 |
| Top ten, share of the fund | 74.8% | 62.9% |
| Expense ratio | 0.35% | 0.19% |
| Fee for the differing part | 0.40% | 0.24% |
| Total return, 1 year | +48.5% | +90.6% |
| vs the S&P 500 | +31.9 pts | +74.0 pts |
| vs the Nasdaq-100 | +26.7 pts | +68.8 pts |
| Below its high | −15.9% | −18.5% |
| Net assets | $267m | $3.1bn |
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.
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 SMHX and SOXQ hold the same stocks?
- By their latest filings, 42% 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, SMHX or SOXQ?
- SMHX has 66% of its weight in S&P 500 names and SOXQ has 82%, so SMHX differs more from the index.
- Which is cheaper, SMHX or SOXQ?
- SMHX 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, SMHX against SOXQ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/smhx-vs-soxq Free to use with attribution; the underlying files are at Open data.