VanEck Semiconductor ETF (SMH)
| Assets | $23.48B |
| Expense Ratio | 0.35% |
| PE Ratio | 35.95 |
| Shares Out | 93.09M |
| Dividend (ttm) | $1.07 |
| Dividend Yield | 0.42% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 15.25% |
| 1-Year Return | +26.73% |
| Volume | 4,159,516 |
| Open | 251.86 |
| Previous Close | 251.92 |
| Day's Range | 250.64 - 253.22 |
| 52-Week Low | 193.72 |
| 52-Week High | 283.07 |
| Beta | 1.29 |
| Holdings | 26 |
| Inception Date | May 5, 2000 |
About SMH
Fund Home PageThe VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is issued by VanEck.
Top 10 Holdings
72.26% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 18.91% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 12.25% |
| Broadcom Inc. | AVGO | 9.87% |
| ASML Holding N.V. | ASML | 5.30% |
| QUALCOMM Incorporated | QCOM | 4.72% |
| Applied Materials, Inc. | AMAT | 4.72% |
| Advanced Micro Devices, Inc. | AMD | 4.18% |
| Texas Instruments Incorporated | TXN | 4.13% |
| Lam Research Corporation | LRCX | 4.12% |
| Intel Corporation | INTC | 4.05% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $1.0713 | Dec 24, 2024 |
| Dec 18, 2023 | $1.0427 | Dec 22, 2023 |
| Dec 19, 2022 | $1.2005 | Dec 23, 2022 |
| Dec 20, 2021 | $0.7865 | Dec 27, 2021 |
| Dec 21, 2020 | $0.7511 | Dec 28, 2020 |
| Dec 23, 2019 | $1.0611 | Dec 30, 2019 |
News
SMH: Thank DeepSeek For Great Buying Opportunity - Breakout Is Almost Here
SMH's sideways trading since June 2024 and the bullish support at the worst of the DeepSeek correction have been a boon indeed. This is because the robust multi-year AI spending trends are likely to t...
SMH: Buy For The Long Haul
Semiconductors are crucial for AI, and VanEck Semiconductor ETF is a top performer with a 785% gain over the last decade. SMH's concentrated portfolio in NVDA, AVGO, and TSM drives its success, despit...
Are Critical Minerals Trump Card In U.S.-China Chip Showdown?
On Dec. 3, 2024, China's Ministry of Commerce implemented export bans on key semiconductor materials, including gallium and germanium, to the US. US-China tensions centered on semiconductors and criti...
SMH Vs. SOXX: Both Are Attractive But I Prefer SMH
Since my last writings, I now see a more favorable return/risk profile from both SOXX and SMH. The companies in both funds play a foundational role to our tech future and are some of the more innovati...
Semiconductors have little direct risk from trade war tariffs, says Bernstein's Stacy Rasgon
Stacy Rasgon, Bernstein Research U.S. semiconductors senior analyst, joins 'Closing Bell' to discuss Advanced Micro ahead of its earnings and the tariffs impact on the chip trade.
Semis are still under pressure and there's more to shakeout, says Renaissance Macro's Jeff deGraaf
Jeff deGraaf, Renaissance Macro Research, joins 'Closing Bell' to discuss market trends as investors navigate a choppy February.
2025 Semiconductor Outlook: Investor Roadmap
By Angus Shillington, Deputy Portfolio Manager, and Nick Frasse, Associate Product Manager We unpack where we believe the semiconductor industry is headed, including the rise of hyperscalers, sectors ...
SMH: Don't Let This Buying Opportunity Go To Waste
Semiconductor investors endured a rough week, as DeepSeek fears erupted on Monday, but the fallout seems to have been contained. Robust retail buying and solid market sentiments have helped to mitigat...
SMH: My Take On A Top Rebound Play For 2025
VanEck Semiconductor ETF has a 20% exposure to Nvidia, giving investors a front-row seat to arguably the leading AI semi stock in the market. The SMH ETF offers investors beyond just Nvidia, allowing ...
Fully expect investment in semiconductors to remain robust, says Wedbush analyst Matt Bryson
Matt Bryson, Wedbush analyst, joins 'Squawk on the Street' to discuss the state of the semiconductor industry.
How the chip sector is performing vs. broader tech
Nvidia (NVDA) CEO Jensen Huang took center stage at the 2025 Consumer Electronics Show (CES) Monday evening, outlining the semiconductor giant's vision amid the ongoing artificial intelligence (AI) re...
SMH: DeepSeek V3 Exposes The Gen AI Bubble
Chinese start-up DeepSeek trained and developed one of the most powerful AI models with inferior GPUs, for a very modest budget of less than $6M. This suggests that the Gen AI capex is likely to plumm...
Tech Investing in 2025: Emerging Trends and Market Opportunities
Gain insights into 2025's top tech trends and market opportunities. Learn what experienced investors should consider for smart tech investments.
Fabless Chip Stocks Could Be Fantastic in 2025
Semiconductor names have been among the technology stars of 2024, with the VanEck Semiconductor ETF (SMH) higher by 43.60% year-to-date as of December 24. Impressive to be sure, but SMH's fabless coun...
SMH Is Now Consolidating (Technical Analysis, Upgrade)
VanEck Semiconductor ETF's valuation has become more reasonable since my last writing due to price correction and profitability improvement. The ETF's P/E ratio has contracted to 39.2x (vs. 45x at my ...
Semis won't face much impact from Trump 2.0 tariffs, says Bernstein's Stacy Rasgon
Stacy Rasgon, Bernstein Research U.S. semiconductor senior analyst, joins CNBC's 'The Exchange' to discuss the impact of potential tariffs on the semiconductor sector.
Final Trade: Euro, IBB, SMH, NEM
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
SMH: A Textbook Buying Opportunity Has Arrived
VanEck Semiconductor ETF investors have benefited from the AI surge but faced slower-than-anticipated recovery opportunities in non-AI segments. Nvidia's upcoming earnings release is critical to under...
VanEck Semiconductor ETF: In A Holding Pattern
I rate the VanEck Semiconductor ETF (SMH) as a Hold due to concentration risk, high valuation, and technical analysis suggesting near-term downside momentum. SMH has a high P/E ratio of 60x, indicatin...
Will Trump's tariffs cause price hikes in electronics? Here's how his plans could lead to trouble in the semiconductor industry
The semiconductor industry could be facing some serious trouble next year, if President-elect Donald Trump follows through on some of his campaign promises.
Semiconductor stocks poised to rebound after losing $360 billion in market capitalization
CNBC's Seema Mody reports on the latest stock moves from big tech.
Chip stocks are ready for a big rally, based on this ‘truly unusual' data point
History suggests it's highly likely that chip stocks will outperform their software rivals over the next several months.
SMH: More Of A Pullback Is Warranted Before It Is A Buy
SMH's painful pullback in July/ August 2024 has occurred as expected, with the ETF nearly losing a quarter of its value then. Even so, the durability of generative AI demand across AI accelerators/ Sa...