{
 "ticker": "SMHC",
 "name": "VanEck China Semiconductor ETF",
 "issuer": "VanEck",
 "desk": "themes",
 "url": "https://etfiq.com/funds/SMHC",
 "html": "https://etfiq.com/funds/SMHC",
 "markdown": "https://etfiq.com/funds/SMHC.md",
 "as_of": "2026-09-11",
 "verdict": "SMHC holds 25 stocks, and 100% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "0.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SMHC, already in the S&P 500: 0.0%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SMHC, active share vs the S&P 500: 100.0%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "61.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SMHC, top ten holdings: 61.9%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "\u221225.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SMHC, total return, since launch: \u221225.3%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$7m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "SMHC, net assets: $7m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Jun 22, 2026",
   "as_of": "2026-09-11",
   "sentence": "SMHC, expense ratio: 0.65% (485BPOS XBRL, Jun 22, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Semiconductors",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jun 24, 2026",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "61.9%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "25",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Cambricon Technologies Corp Ltd 9.2%, Hygon Information Technology Co Ltd 7.9%, Eoptolink Technology Inc Ltd 6.9%, GigaDevice Semiconductor Inc 6.7%, Advanced Micro-Fabrication Equipment Inc China 6.4%, NAURA Technology Group Co Ltd 6.0%, Suzhou Dongshan Precision Manufacturing Co Ltd 4.9%, Montage Technology Co Ltd 4.8%, Biwin Storage Technology Co Ltd 4.5%, Yuanjie Semiconductor Technology Co Ltd 4.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$7m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221232.9%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Jun 22, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.65%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "DRGN 25%, KAIT 10%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "Since launch",
   "Total return": "\u221225.3%",
   "S&P 500": "+4.2%",
   "Gap to S&P 500": "\u221229.6 pts",
   "Gap to Nasdaq-100": "\u221225.9 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of SMHC is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 0% of SMHC by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different."
  },
  {
   "q": "What does SMHC hold?",
   "a": "25 positions as filed for Jun 30, 2026, with the top ten at 62% of the fund. The largest are Cambricon Technologies Corp Ltd at 9.2%, Hygon Information Technology Co Ltd at 7.9%, Eoptolink Technology Inc Ltd at 6.9%."
  },
  {
   "q": "Has SMHC beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 SMHC returned \u221225.3% with distributions reinvested, against +4.2% for the S&P 500, so it finished behind the index by 29.6 points."
  },
  {
   "q": "What does SMHC cost?",
   "a": "The prospectus expense ratio is 0.65% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.65%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}