# SMHX (VanEck Fabless Semiconductor ETF)

VanEck · Thematic ETFs · data as of Sep 18, 2026

SMHX holds 22 stocks, and 34% of its weight is outside the S&P 500.

## Key facts

- SMHX, already in the S&P 500: 65.8%, as of Sep 18, 2026.
- SMHX, active share vs the S&P 500: 87.1%, as of Sep 18, 2026.
- SMHX, top ten holdings: 74.8%, as of Sep 18, 2026.
- SMHX, total return, 1 year: +48.5%, as of Sep 18, 2026.
- SMHX, net assets: $267m (the issuer’s daily holdings, added up, as of Sep 17, 2026).
- SMHX, expense ratio: 0.35% (485BPOS XBRL, Jan 27, 2026).

## SMHX over each window to Sep 18, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −13.9% | +2.3% | −16.2 pts | −11.4 pts |
| 6 months | +55.4% | +18.0% | +37.4 pts | +31.2 pts |
| 1 year | +48.5% | +16.6% | +31.9 pts | +26.7 pts |
| Since launch | +129.6% | +40.0% | +89.6 pts | +75.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Semiconductors | ETFIQ, editorial |
| Launched | Aug 28, 2024 | ETFIQ |
| Already in the S&P 500, by weight | 65.8% | ETFIQ |
| Active share vs the S&P 500 | 87.1% | ETFIQ |
| Already in the Nasdaq-100, by weight | 69.9% | ETFIQ |
| Active share vs the Nasdaq-100 | 81.4% | ETFIQ |
| Top ten holdings weight | 74.8% | ETFIQ |
| Holdings | 22 | ETFIQ |
| Holdings published for | Sep 17, 2026 | the issuer’s daily file |
| Top holdings | Nvidia Corp 23.1%, Broadcom Inc 14.8%, Advanced Micro Devices Inc 6.4%, Qualcomm Inc 5.2%, Marvell Technology Inc 5.0%, Astera Labs Inc 4.2%, Semtech Corp 4.2%, Arm Holdings Plc 4.1%, Synopsys Inc 4.0%, Monolithic Power Systems Inc 3.8% | ETFIQ |
| Net assets | $267m | the issuer’s daily holdings, added up, as of Sep 17, 2026 |
| Below its all-time high | −15.9% | ETFIQ |
| Expense ratio | 0.35% | 485BPOS XBRL, Jan 27, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.40% | ETFIQ |
| Closest funds by holdings overlap | SMH 50%, SHOC 44%, SOXQ 42%, CHPX 41%, XSD 37% | ETFIQ |

## Questions

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

By its holdings published by its issuer for Sep 17, 2026, 66% of SMHX by weight is stocks the S&P 500 already holds. Its active share against the index is 87%, so that share is the part doing something different.

### What does SMHX hold?

22 positions as published by its issuer for Sep 17, 2026, with the top ten at 75% of the fund. The largest are Nvidia Corp at 23.1%, Broadcom Inc at 14.8%, Advanced Micro Devices Inc at 6.4%.

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

Over the year to Sep 18, 2026 SMHX returned +48.5% with distributions reinvested, against +16.6% for the S&P 500, so it finished ahead of the index by 31.9 points.

### What does SMHX cost?

The prospectus expense ratio is 0.35% a year. Because 87% of the fund differs from the S&P 500, the fee on that differing part works out at 0.40%.


## Cite this page

ETFIQ, SMHX, data as of Sep 18, 2026. https://etfiq.com/funds/smhx
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/smhx  ·  JSON: https://etfiq.com/funds/smhx.json