# SMH (VanEck Semiconductor ETF)

VanEck · Thematic ETFs · data as of Sep 11, 2026

SMH holds 25 stocks, and 18% of its weight is outside the S&P 500.

## Key facts

- SMH, already in the S&P 500: 82.3%, as of Sep 11, 2026.
- SMH, active share vs the S&P 500: 80.6%, as of Sep 11, 2026.
- SMH, top ten holdings: 71.7%, as of Sep 11, 2026.
- SMH, total return, 1 year: +87.6%, as of Sep 11, 2026.
- SMH, net assets: $68.8bn (the issuer daily holdings, added up, as of Sep 10, 2026).
- SMH, expense ratio: 0.35% (485BPOS XBRL, Jan 27, 2026).

## SMH over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −8.3% | +3.3% | −11.6 pts | −7.5 pts |
| 6 months | +46.8% | +16.0% | +30.8 pts | +26.1 pts |
| 1 year | +87.6% | +17.5% | +70.1 pts | +64.7 pts |
| 3 years | +285.8% | +77.9% | +207.9 pts | +190.7 pts |
| Since launch | +5026.7% | +804.4% | +4222.3 pts | +3352.8 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Semiconductors | ETFIQ, editorial |
| Launched | Jan 4, 2010 | ETFIQ |
| Already in the S&P 500, by weight | 82.3% | ETFIQ |
| Active share vs the S&P 500 | 80.6% | ETFIQ |
| Already in the Nasdaq-100, by weight | 80.2% | ETFIQ |
| Active share vs the Nasdaq-100 | 67.3% | ETFIQ |
| Top ten holdings weight | 71.7% | ETFIQ |
| Holdings | 25 | ETFIQ |
| Holdings as of | Sep 10, 2026 | the issuer’s daily file |
| Top holdings | Nvidia Corp 22.4%, Taiwan Semiconductor Manufacturing Co L 9.8%, Broadcom Inc 5.9%, Advanced Micro Devices Inc 5.7%, Micron Technology Inc 5.7%, Asml Holding Nv 5.0%, Intel Corp 4.3%, Lam Research Corp 4.3%, Analog Devices Inc 4.3%, Texas Instruments Inc 4.2% | ETFIQ |
| Net assets | $68.8bn | the issuer daily holdings, added up, as of Sep 10, 2026 |
| Below its all-time high | −15.0% | ETFIQ |
| Expense ratio | 0.35% | 485BPOS XBRL, Jan 27, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.43% | ETFIQ |
| Closest funds by holdings overlap | SHOC 79%, SOXQ 77%, SOXX 73%, FTXL 59%, CHPX 58% | ETFIQ |

## Questions

### How much of SMH is in S&P 500 companies?

By its holdings published by its issuer for Sep 10, 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 published by its issuer for Sep 10, 2026, with the top ten at 72% of the fund. The largest are Nvidia Corp at 22.4%, Taiwan Semiconductor Manufacturing Co L at 9.8%, Broadcom Inc at 5.9%.

### Has SMH beaten the S&P 500?

Over the year to Sep 11, 2026 SMH returned +87.6% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 70.1 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%.


## Cite this page

ETFIQ, SMH, data as of Sep 11, 2026. https://etfiq.com/funds/smh
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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