Data as of . Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested.
SMH · VanEck Semiconductor ETF
VanEck · Themes desk
Open the live card on ETFIQBy 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 70% of the fund across 25 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +96.2% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 76.3 pts. It sits 15.2% below its all-time high of Jun 22, 2026.
| Theme (ETFIQ, editorial) | Semiconductors |
|---|---|
| Launched | Jan 4, 2010 |
| Already in the S&P 500, by weight (ETFIQ) | 82.0% |
| Active share vs the S&P 500 (ETFIQ) | 80.6% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 85.9% |
| Active share vs the Nasdaq-100 (ETFIQ) | 66.4% |
| Top ten holdings weight | 70.3% |
| Holdings | 25 |
| Net assets (latest filing) | $77,198M |
| Holdings as of (SEC N-PORT) | Jun 30, 2026 |
| Top holdings | NVIDIA Corp 17.6%, Taiwan Semiconductor Manufacturing Co Ltd 9.3%, Applied Materials Inc 5.7%, Micron Technology Inc 5.7%, Advanced Micro Devices Inc 5.6%, KLA Corp 5.6%, Lam Research Corp 5.3%, Broadcom Inc 5.3%, Intel Corp 5.2%, ASML Holding NV 5.0% |
| 3 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | −0.5% / +4.7% / −5.2 pts / −2.5 pts |
| 6 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +49.0% / +15.2% / +33.8 pts / +28.8 pts |
| 1 year: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +96.2% / +20.0% / +76.3 pts / +70.6 pts |
| 3 years: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +267.0% / +78.0% / +189.0 pts / +173.5 pts |
| since launch: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +5013.0% / +811.4% / +4201.6 pts / +3328.9 pts |
| Below its all-time high (ETFIQ) | −15.2% |
| Expense ratio (prospectus XBRL) | 0.35% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.43% |
| Closest funds by holdings overlap | SHOC 82%, SOXX 74%, SOXQ 69%, FTXL 59%, CHPS 58% |
Questions people ask
- How much of SMH is already in the S&P 500?
- By its holdings filed for Jun 30, 2026, 82% of SMH by weight is stocks the S&P 500 already holds. Its active share against the index is 81%, so that share is the part doing something different.
- What does SMH hold?
- 25 positions as filed for Jun 30, 2026, with the top ten at 70% of the fund. The largest are NVIDIA Corp at 17.6%, Taiwan Semiconductor Manufacturing Co Ltd at 9.3%, Applied Materials Inc at 5.7%.
- Has SMH beaten the S&P 500?
- Over the year to Sep 4, 2026 SMH returned +96.2% with distributions reinvested, against +20.0% for the S&P 500, so it finished ahead of the index by 76.3 points.
- What does SMH cost?
- The prospectus expense ratio is 0.35% a year. Because 81% of the fund differs from the S&P 500, the fee on that differing part works out at 0.43%.
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.
Compare SMH
Funds near this one
Put this on your own page
The difference bar for SMH, redrawn every trading night. Free to use with the credit link; paste these two lines into any page or newsletter.
<a href="https://etfiq.com/funds/SMH.html"><img src="https://etfiq.com/embed/themes/SMH.svg" alt="SMH difference bar, ETFIQ" width="640"></a>
<p><a href="https://etfiq.com/funds/SMH.html">SMH difference bar, updated daily by ETFIQ</a></p>Cite this page. ETFIQ, SMH on the themes desk, data as of Sep 4, 2026. https://etfiq.com/funds/SMH.html Free to use with attribution; the underlying files are at Open data.
ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; sort orders and figures are stated arithmetic on published data. Standards · How to read this desk