VanEck Semiconductor ETF (SMH)
| Assets | $36.56B |
| Expense Ratio | 0.35% |
| PE Ratio | 40.34 |
| Shares Out | 103.34M |
| Dividend (ttm) | $1.07 |
| Dividend Yield | 0.31% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 12.70% |
| Volume | 14,714,486 |
| Open | 346.54 |
| Previous Close | 351.09 |
| Day's Range | 336.68 - 348.18 |
| 52-Week Low | 170.11 |
| 52-Week High | 372.78 |
| 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
75.82% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 18.09% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 9.47% |
| Broadcom Inc. | AVGO | 8.20% |
| Micron Technology, Inc. | MU | 6.53% |
| Advanced Micro Devices, Inc. | AMD | 6.35% |
| Lam Research Corporation | LRCX | 5.80% |
| ASML Holding N.V. | ASML | 5.53% |
| Applied Materials, Inc. | AMAT | 5.48% |
| Intel Corporation | INTC | 5.44% |
| KLA Corporation | KLAC | 4.92% |
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 37.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 26.01%.
News
Concerns Mount Over AI Chip Valuations
JoAnne Feeney, partner and portfolio manager at Advisors Capital Management, discusses the volatility in chip stocks as investors question AI valuations. She joins Ed Ludlow on “Bloomberg Tech.
Schwab IMPACT 2025: Record $13T in ETFs & What's Next for ETF Assets
Matt Camuso, Head of ETF Solutions at BNY Investments, says there are $13 trillion of assets in ETFs. That's compared to $5 trillion a year prior.
SOXX and SMH ETFs crashed amid AI bubble jitters: will they rebound?
The iShares Semiconductor ETF (SOXX) and the VanEck Semiconductor ETF (SMH) suffered a harsh reversal this week as top companies in the index shed over $500 billion in value following key earnings. S...
SMH: Still Perhaps The Best Way To Play America's Semiconductor Renaissance
VanEck Semiconductor ETF remains a buy, outperforming the S&P 500 and peers with strong YTD returns and high liquidity. SMH's heavy weighting in American semiconductor companies positions it to benefi...
Top 6 ETFs To Watch As Wall Street's Strongest Six Months Begin
Right now ahead of Halloween, the real suspense might be in ETF investing strategies. With markets seesawing between hopes for rate cuts and the resilience of earnings, investors are dusting off one o...
Chip Stocks Just Flashed The Same Signal That Flagged A 30% Crash Last Year
The semiconductor rally has gone from hot to overheated. Chip-stocks-tracking VanEck Semiconductor ETF (NASDAQ:SMH) is now stretched far above its 200-day moving average — the widest gap since July 20...
Satellites And Communications: Stellar Stocks Flying High On AI
Stocks in the communication services sector, especially satellites and equipment, have market-crushing momentum, and a handful remain Quant Strong Buys. As AI campuses proliferate across regions, ofte...
The Case for Forgotten Chipmakers. 3 Stocks With Bullish Charts.
As semiconductors continue to lead markets, three that haven't kept pace are poised to catch bids heading into year end.
Very good news for semiconductor ETFs like SOXX and SMH
Top semiconductor ETFs have rallied in the past few years as the tailwinds in the AI industry continued. The VanEck Semiconductor ETF (SMH) jumped to a high of $348 this month, up by 100% from its low...
5 chip stocks riding the OpenAI, Broadcom deal wave on Monday
Semiconductor shares rebounded sharply on Monday, recovering from Friday's steep selloff, after OpenAI and Broadcom announced a new artificial intelligence chip partnership and tensions between the US...
Chip stocks bounce on Broadcom, OpenAI deal and easing China tensions
Chip stocks bounced as OpenAI announced another computing deal with a major chipmaker and U.S.-China tensions eased. President Donald Trump said to not worry about China in a post to Truth Social over...
Renewed Tariff Fears Spotlight Top Performing Stocks Since April
Tariff fears have returned to markets just as stocks passed the six-month mark from April's "Liberation Day" bottom. In this article, I look back to find the highest performing stocks since the big Ap...
SMH: Likely To Keep Outperforming The Market And Move Higher
The VanEck Semiconductor ETF has outperformed major indices, driven by surging data center CapEx and AI-driven semiconductor demand. SMH offers concentrated exposure to leading semiconductor companies...
SMH: AI Mania In Full Swing - Peaking Volumes Imply Potential Implosion (Downgrade)
SMH has been well buoyed by the ongoing AI boom, the billion-dollar investments, and the insatiable demand for AI chips/SaaS across numerous monetization layers. This is especially since the market ha...
5 Best AI ETFs To Capture Massive Infrastructure Capex Spending
AI hyperscaler capex is set to nearly triple to $1.4T by 2027, fueling a multi-year demand wave for semiconductors and infrastructure. Top AI ETFs - SMH, XSD, SOXX, WTAI and SMHX - offer diversified o...
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...
Don't Buy The S&P 500, Buy This Sector Instead
I issued a BUY rating for my biggest position (SPY) near the bottom of the tariff crash. The S&P 500 has since recovered most of the losses, but the macroeconomic situation remains uncertain.
Why Selling Puts On SMH Is Our Favorite 13%+ Yielding Play Right Now
Yields are drying up as rates are poised to move lower, but high-yield option trades remain interesting to us. SMH is a great candidate for selling put options. The underlying portfolio is high qualit...
SMH: Chips Are Still Hot And Owning The Sector Could Outperform The Market Again
The AI revolution and global chip demand make semiconductors a long-term growth story, with VanEck Semiconductor ETF offering diversified exposure to this booming sector. Massive CapEx from tech giant...
SMH: Not Overvalued, Just Early
For SMH to maintain a CAGR performance similar to the last decade (>24%), there must also be a positive evolution in earnings expectations. Its structure helps: it's hyper-concentrated on the sector's...
Chip stocks have beaten the S&P 500 this year. Here's where one analyst sees more gains.
Nvidia's opportunity in the data-center segment “is enormous” and still in the early stages, Bernstein analysts said.
VanEck Partners with Casa de Bolsa Finamex to Strengthen ETF Access in Mexico
NEW YORK & MEXICO CITY--(BUSINESS WIRE)--VanEck announces strategic partnership for Casa de Bolsa Finamex to act as official liquidity provider for several VanEck ETFs cross-listed on the BMV.
SMH: Not A Time To Be Greedy - Wait For Dips
The semiconductor sector has reported a massive reversal after the worst of the market-wide meltdown in April 2025 and the market's fears surrounding the potentially slowing AI spending cadence. With ...
Despite Today's News, the Semiconductor Index Is Still on Track for $5700
Even a pullback to $4925+/-100 can still allow for a rally to $5700.