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Data as of .

SMHX vs SOXX: which is really different?

SMHX and SOXX hold 37% of their weight in the same names, and SOXX returned more over the year.

VanEck Fabless Semiconductor ETF and iShares Semiconductor ETF.

65.8%SMHX in the S&P 500
74.1%SOXX in the S&P 500
+48.5%SMHX total return, 1 year
+99.9%SOXX total return, 1 year

ETFIQ Off-Index Score: SMHX scores higher

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

SMHX 21.5SOXX 140.1, 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

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
SOXX26% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
74%26%of its weight in S&P 500 companiesoutside the S&P 500active share 82% · top ten 62% of the fund · 34 holdings filed Sep 17, 2026 · Nasdaq-100: 66% in74%26%in the S&P 500outsideactive share 82% · top ten 62% of the fund

37% 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 SOXX hold 37% of their money in the same securities at the same weight.

Positions SMHX and SOXX both hold, largest shared weight first
HoldingSMHXSOXX
Nvidia Corp23.10%9.21%
Broadcom Inc14.75%6.90%
Advanced Micro Devices Inc6.38%9.37%
Marvell Technology Inc5.04%5.21%
Qualcomm Inc5.25%3.33%
Monolithic Power Systems Inc3.79%3.06%
Astera Labs Inc4.22%2.27%
Arm Holdings Plc4.13%0.73%
Rambus Inc2.74%0.51%
Only in each
Only in SMHXOnly in SOXX
Semtech Corp 4.20%MICRON TECHNOLOGY 8.93%
Synopsys Inc 3.97%INTEL CORPORATION 6.09%
Cadence Design Systems Inc 3.48%TAIWAN SEMICONDUCTOR MANUFACTURING 4.74%
Sitime Corp 3.46%APPLIED MATERIAL INC 4.11%
Lattice Semiconductor Corp 3.31%KLA 3.90%
Silicon Motion Technology Corp 3.31%ANALOG DEVICES 3.89%
Silicon Laboratories Inc 2.27%LAM RESEARCH 3.75%
Cirrus Logic Inc 2.03%TEXAS INSTRUMENT INC 3.75%

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

SMHX and SOXX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
SMHXSOXXSMHXSOXXSMHXSOXX
3 months−13.9%−16.6%−16.2 pts−18.8 pts−11.4 pts−14.1 pts
6 months+55.4%+60.5%+37.4 pts+42.5 pts+31.2 pts+36.3 pts
1 year+48.5%+99.9%+31.9 pts+83.3 pts+26.7 pts+78.1 pts
3 yearsnot published+241.0%not published+162.6 ptsnot published+142.8 pts
Since launch+129.6%+3732.7%+89.6 pts+2929.2 pts+75.0 pts+2042.5 pts
Open the live comparison on ETFIQ
SMHX and SOXX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
SMHX
VanEck Fabless Semiconductor ETF
Holds 22 stocks in semiconductors, 66% of its weight in S&P 500 companies
SOXX
iShares Semiconductor ETF
Holds 34 stocks in semiconductors, 74% of its weight in S&P 500 companies
IssuerVanEckiShares
ThemeSemiconductorsSemiconductors
In the S&P 50065.8%74.1%
Active share vs the S&P 50087.1%82.3%
In the Nasdaq-10069.9%65.7%
Holdings2234
Top ten, share of the fund74.8%62.3%
Expense ratio0.35%0.33%
Fee for the differing part0.40%0.40%
Total return, 1 year+48.5%+99.9%
vs the S&P 500+31.9 pts+83.3 pts
vs the Nasdaq-100+26.7 pts+78.1 pts
Below its high−15.9%−18.6%
Net assets$267m$45.4bn

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.

SOXX in plain words

By weight, 74% of SOXX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 62% of the fund across 34 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned +99.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 83.3 pts. It sits 18.6% below its all-time high of Jun 22, 2026.

Questions people ask

Do SMHX and SOXX hold the same stocks?
By their latest filings, 37% 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 SOXX?
SMHX has 66% of its weight in S&P 500 names and SOXX has 74%, so SMHX differs more from the index.
Which is cheaper, SMHX or SOXX?
SMHX charges 0.35% a year and SOXX charges 0.33%, so SOXX 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.

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

How every figure is computed · Standards and sources