Real estate & infrastructure
SMHVanEckINDEX
VanEck Semiconductor ETF
$541.62+2.74% vs prior close
32566952-WK
Price through Oct 26, 2026 · Flows through Oct 23, 2026. Figures use the latest available records, not a live quote. Fund details retrieved Oct 26, 2026. Holdings snapshot retrieved Oct 26, 2026.
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.
SMH price
Source: Market tape, daily closes; price return, distributions not reinvested
Table
| Date | SMH close |
|---|---|
| Sep 28, 2026 | $600.01 |
| Sep 29, 2026 | $606.90 |
| Sep 30, 2026 | $609.00 |
| Oct 1, 2026 | $617.81 |
| Oct 2, 2026 | $630.60 |
| Oct 5, 2026 | $633.90 |
| Oct 6, 2026 | $632.50 |
| Oct 7, 2026 | $625.03 |
| Oct 8, 2026 | $607.27 |
| Oct 9, 2026 | $603.33 |
| Oct 12, 2026 | $590.99 |
| Oct 13, 2026 | $588.12 |
| Oct 14, 2026 | $564.74 |
| Oct 15, 2026 | $558.84 |
| Oct 16, 2026 | $539.79 |
| Oct 19, 2026 | $548.46 |
| Oct 20, 2026 | $546.36 |
| Oct 21, 2026 | $556.70 |
| Oct 22, 2026 | $523.35 |
| Oct 23, 2026 | $527.20 |
| Oct 26, 2026 | $541.62 |
Daily net flows, 1M
Net inflow over the range: +$2.4B
- Inflow / above zero
- Outflow / below zero
Source: Daily creation and redemption records
Show as table
| Label | Value ($) |
|---|---|
| Sep 23 | $991.6M |
| Sep 24 | $0 |
| Sep 25 | −$272.7M |
| Sep 28 | −$270.4M |
| Sep 29 | $426.3M |
| Sep 30 | −$91.3M |
| Oct 1 | −$307M |
| Oct 2 | $505.6M |
| Oct 5 | −$726.8M |
| Oct 6 | $539.8M |
| Oct 7 | $0 |
| Oct 8 | −$765M |
| Oct 9 | −$700.4M |
| Oct 12 | −$118.8M |
| Oct 13 | $320.1M |
| Oct 14 | $599.5M |
| Oct 15 | −$495.9M |
| Oct 16 | $273M |
| Oct 19 | −$110.6M |
| Oct 20 | $354.3M |
| Oct 21 | $1.4B |
| Oct 22 | $185.5M |
| Oct 23 | $710.1M |
The desk’s read
Money keeps arriving — +$1.7B of net inflows over the past month, about 2.6% of the fund's asset base, while the price has returned +50.4% so far this year. At 0.35% a year it is not the cheapest way in — IVV has a reported fee of 0.03%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$66.6Bassets under management
0.35%expense ratio · $35 per $10,000 a year
+$1.7Bnet flow, trailing month
8.4Mavg daily volume, 30 days
26holdings · US-domiciled
2000listed June 5, 2000 · beta 2.41
The book at a glance
CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS THE CHANGE IN THE LATEST AVAILABLE SNAPSHOT · TOP 40 POSITIONS
Holdings
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | NVDANVIDIA | 20.92% | $216.00 | +2.4% | ||
| 2 | TSMTAIWAN SEMICONDUCTOR | 9.72% | $424.37 | +1.4% | ||
| 3 | AVGOBROADCOM | 5.56% | $329.17 | +2.3% | ||
| 4 | TXNTEXAS INSTRUMENTS | 5.29% | $298.12 | +4.7% | ||
| 5 | AMDADVANCED MICRO DEVICES | 5.37% | $531.28 | +2.8% | ||
| 6 | MUMICRON TECHNOLOGY | 4.59% | $903.70 | +3.0% | ||
| 7 | ADIANALOG DEVICES | 4.58% | $407.93 | +4.3% | ||
| 8 | MRVLMARVELL TECHNOLOGY | 4.40% | $233.78 | +2.3% | ||
| 9 | ASMLASML HOLDING NV | 4.48% | $1590.90 | +1.2% | ||
| 10 | QCOMQUALCOMM | 4.06% | $179.60 | +2.1% | ||
| 11 | INTCINTEL | 3.98% | $90.47 | +4.0% | ||
| 12 | AMATAPPLIED MATERIALS | 3.97% | $387.59 | +2.7% | ||
| 13 | KLACKLA | 4.00% | $149.21 | +2.5% | ||
| 14 | SKHYSK hynix Inc. ADR | 3.66% | $142.62 | +4.1% | ||
| 15 | LRCXLAM RESEARCH | 3.61% | $237.50 | +3.2% |
The full book, free with one sign-in.
Top 15 positions are open to everyone. Sign in once and every fund’s complete holdings — plus watchlists and flow alerts — unlock across the network.
Sign in to see all 26Sector weights
- Information Technology100%
- Technology99.99%
- Electronic Technology84.93%
- Producer Manufacturing8.97%
- Technology Services6.07%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Information Technology | 100% |
| Technology | 99.99% |
| Electronic Technology | 84.93% |
| Producer Manufacturing | 8.97% |
| Technology Services | 6.07% |
Country weights
- United States77.78%
- Taiwan14.53%
- Taiwan (Province of China)12.97%
- Taiwan, Province of China11.02%
- Netherlands6.79%
- France2.47%
- Switzerland0.9%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| United States | 77.78% |
| Taiwan | 14.53% |
| Taiwan (Province of China) | 12.97% |
| Taiwan, Province of China | 11.02% |
| Netherlands | 6.79% |
| France | 2.47% |
| Switzerland | 0.9% |
Performance
| 1 week | -0.9% |
| 1 month | -10.7% |
| 3 months | -3.5% |
| 6 months | +6.9% |
| YTD | +50.4% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | +$2.6B |
| 1 month | +$1.7B |
| 3 months | +$3.3B |
| YTD | +$10.5B |
| 1 year | +$12B |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
- Inflow / above zero
- Outflow / below zero
Source: Daily creation/redemption records, trailing twelve months
Show as table
| Label | Value ($) |
|---|---|
| Nov | $243.9M |
| Dec | $832M |
| Jan | $2.3B |
| Feb | $2B |
| Mar | −$2.7B |
| Apr | $3.9B |
| May | −$1.6B |
| Jun | $2.2B |
| Jul | $4.5B |
| Aug | −$2.4B |
| Sep | $599.5M |
| Oct | $1.7B |
The risk read
36%realized volatility, 30 days (annualized)
40%realized volatility, 1 year
-24.6%deepest fall from a peak, 1 year
-19.0%latest close versus that peak
The top holding is 20.9% of the book; the top ten carry 69%. Spread across 25+ names, it behaves like roughly 12 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
102Kcalls · latest snapshot
199Kputs · latest snapshot
1.96put/call ratio
9.9Mshares traded
| Most-traded holdings, options premium | Bullish | Bearish |
|---|---|---|
| MU MICRON TECHNOLOGY | $587M | $615M |
| NVDA NVIDIA | $283M | $278M |
| AMD ADVANCED MICRO DEVICES | $223M | $216M |
| INTC INTEL | $124M | $95M |
| AVGO BROADCOM | $93M | $92M |
TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES
The case against SMH
Due diligence cuts both ways. These funds sit on the same shelf and beat SMH on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| BBUS JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | $9.6B | +$187M | -33bp on fee · +$187M in over the month | Head-to-head |
| SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | $57.9B | +$717M | -31bp on fee · +$717M in over the month | Head-to-head |
| SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | $14.2B | +$235M | -32bp on fee · +$235M in over the month | Head-to-head |
| IUSG iShares Core S&P U.S. Growth ETF | 0.04% | $34.8B | +$148M | -31bp on fee · +$148M in over the month | Head-to-head |
| IUSV iShares Core S&P U.S. Value ETF | 0.04% | $27.3B | +$223M | -31bp on fee · +$223M in over the month | Head-to-head |
