VanEck Semiconductor ETF (SMH)
| Assets | $33.21B |
| Expense Ratio | 0.35% |
| PE Ratio | 37.59 |
| Shares Out | 98.64M |
| Dividend (ttm) | $1.07 |
| Dividend Yield | 0.32% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 11.96% |
| Volume | 9,364,238 |
| Open | 346.29 |
| Previous Close | 343.38 |
| Day's Range | 336.56 - 346.67 |
| 52-Week Low | 170.11 |
| 52-Week High | 348.53 |
| Beta | 1.53 |
| Holdings | 26 |
| Inception Date | Dec 20, 2011 |
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 Dec 20, 2011 and is issued by VanEck.
Top 10 Holdings
73.70% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 18.81% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 9.98% |
| Broadcom Inc. | AVGO | 8.14% |
| ASML Holding N.V. | ASML | 5.78% |
| Intel Corporation | INTC | 5.61% |
| Lam Research Corporation | LRCX | 5.43% |
| Micron Technology, Inc. | MU | 5.37% |
| Applied Materials, Inc. | AMAT | 5.32% |
| KLA Corporation | KLAC | 4.68% |
| Advanced Micro Devices, Inc. | AMD | 4.59% |
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 | $0.78665 | Dec 27, 2021 |
| Dec 21, 2020 | $0.7511 | Dec 28, 2020 |
| Dec 23, 2019 | $1.0611 | Dec 30, 2019 |
Performance
SMH had a total return of 36.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 25.89%.
News
Semiconductors Winners And Losers At The Start Of Q4 2025
Semis were headed for a tepid Q3 2025, but a strong September propelled Q3 2025 higher to ensure momentum is on their side at the start of Q4 2025. A number of developments in the latter part of Q3 20...
SMH: AI Bubble? Chip Stocks Are Rewriting History
The VanEck Semiconductor ETF remains a Buy as semiconductor demand surges, with inventory levels dropping and sales outpacing supply. SMH's evolving portfolio increases exposure to equipment makers an...
Wall Street bets on chip boom are getting more concentrated, and it could be good thing for investors
Exchange-traded funds focused on semiconductor stocks have grown in both assets and performance in recent years as the AI and chip boom dominate the latest bull market story. Wall Street fund managers...
With Nvidia Showing Signs Of Cracking, SMH And Other Popular ETFs Are Vulnerable
Nvidia's outsized influence on major ETFs like SMH, QQQ, and SPY makes the broader market highly vulnerable to a sharp NVDA decline. Technical and valuation signals suggest a high probability that NVD...
The Semiconductor Investment Landscape: Demand Will Grow, But Cycles Define The Game
Semiconductors are essential to modern tech, but investing requires understanding their cyclical, capital-intensive, and segmented industry structure. Long-term outperformance comes from picking top-q...
Trump Suggests 300% Tariff on Chips
Marta Norton, Empower Chief Investment Strategist, says there has been a benign neglect of tariffs by the market, which has emboldened President Donald Trump to push rates even higher. Norton joins Ca...
Trump hints at higher semiconductor tariffs. Companies could dodge them by doing this.
Trump suggested steep chip-industry tariffs are coming, but there could be breaks for companies that invest in the U.S. Specifics are still sparse.
The Best Tech ETFs to Buy
Tech ETFs can deliver superb tax efficiency and growth potential, but investors must be aware of high volatility, concentration risk and stretched valuations.
SMH: Tariffs, Taiwan, And All-American Semiconductors
I'm bullish on American-made semiconductors due to rising geopolitical risks and government incentives driving a manufacturing renaissance in the U.S. VanEck Semiconductor ETF offers the best exposure...
Inside the Joe Terranova ETF rebalance
Joe Terranova, senior managing director at Virtus Investment Partners, joins CNBC's "Halftime Report" to detail his latest rebalance in his JOET ETF.
Is the Semiconductor Index Topping Out?
The SOX has reached the target zone predicted a month ago, from where a pullback could happen with a higher chance, while negative divergences are emerging.
SMH's Minor Fund Tweaks Could Be A Smart Move
AI-driven capex growth is powering semiconductor stocks, with SMH ETF benefiting from strong sector tailwinds and smart portfolio adjustments. VanEck's SMH ETF is increasing exposure to AI accelerator...
SMH Is A Concentrated Play That Works
VanEck Semiconductor ETF is a Buy due to strong AI-driven momentum, robust earnings, and consistent outperformance versus broader tech indices like QQQ. The ETF's market-cap weighting leads to heavy c...
SMH: Buying This ETF Right Now Will Make You Shake Your Head - Sell!
SMH's top holdings—NVDA, TSM, and AVGO—face production, geopolitical, and legal headwinds, making near-term growth prospects uncertain. Valuation metrics show significant P/S multiple expansion across...
The 'Halftime' Investment Committee give their top chip plays
The Investment Committee discuss their top picks in the semiconductor sector.
The Big 3: SMH, XLK, XLI
The @brownreport's Jason Brown turns to ETFs on today's Big 3. He points to the Technology Select Sector SPDR ETF (XLK) as a way investors can capitalize on tech's broad bull run.
U.S. chip supply faces tariff risk
CNBC's Deirdre Bosa joins 'The Exchange' to discuss ASML tariff fears impact on its cloud outlook.
'Fast Money' traders talk trading the tech divergence
The 'Fast Money' traders talk trading the tech divergence.
SOXX Has Room To Gain On Superior Portfolio To SMH
iShares Semiconductor ETF is up 13% year to date as the semi-industry is riding the strong fundamentals behind AI investments. The fund allocates AMD stock at the top spot with a higher position in an...
Chip stocks pop as U.S. eases China chip curbs
CNBC's Kristina Partsinevelos joins 'Squawk on the Street' to discuss the latest news from the chips sector.
Final Trades: TWI, SMH, NKE, SCCO
The final trades of the day with CNBC's Melissa Lee and the “Fast Money” traders.
SMH: Semi Investors Appearing Greedy And Forgetful Again (Downgrade)
SMH has outperformed the S&P 500, driven by AI infrastructure optimism and leadership from Nvidia, Broadcom, and TSMC. Geopolitical and trade uncertainties, especially around US-China relations and po...
Chip stocks fall on report U.S. could terminate waivers for Taiwan Semi and others
The U.S. is reportedly weighing canceling waivers that allow some global chipmakers to send American technology to China, according to The Wall Street Journal. A Commerce Department official told Sams...