SMH
VanEck Semiconductor ETF
SMH
VanEck Semiconductor ETF
-
NAV$387.69
as of January 06, 2026 -
YTD RETURNS7.66%
as of January 06, 2026 -
Total Net Assets$41.17B
as of January 06, 2026 -
Total Expense Ratio0.35%
-
Inception Date12/20/2011
About SMH
VanEck Semiconductor ETF (SMH®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Listed Semiconductor 25 Index (MVSMHTR), which is intended to track the overall performance of companies involved in semiconductor production and equipment.
Overview
Why SMH
- Highly Liquid Companies: Index seeks to track the most liquid companies in the industry based on market capitalization and trading volume
- Industry Leaders: Index methodology favors the largest companies in the industry
- Global Scope: Portfolio may include both domestic and U.S. listed foreign companies allowing for enhanced industry representation
Performance
Performance History:
Average Annual Total Returns* (%)| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 12/20/11 |
|
|---|---|---|---|---|---|---|---|---|
| SMH (NAV) | 2.46 | 10.64 | 49.15 | 49.15 | 53.17 | 27.73 | 30.93 | 26.89 |
| SMH (Share Price) | 2.54 | 10.68 | 49.16 | 49.16 | 53.21 | 27.71 | 30.95 | 26.87 |
| MVSMHTR (Index) | 2.48 | 10.71 | 49.48 | 49.48 | 53.47 | 27.94 | 31.04 | 26.92 |
| Performance Differential (NAV - Index) | -0.02 | -0.07 | -0.33 | -0.33 | -0.30 | -0.21 | -0.11 | -0.03 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 12/20/11 |
|
|---|---|---|---|---|---|---|---|---|
| SMH (NAV) | 2.46 | 10.64 | 49.15 | 49.15 | 53.17 | 27.73 | 30.93 | 26.89 |
| SMH (Share Price) | 2.54 | 10.68 | 49.16 | 49.16 | 53.21 | 27.71 | 30.95 | 26.87 |
| MVSMHTR (Index) | 2.48 | 10.71 | 49.48 | 49.48 | 53.47 | 27.94 | 31.04 | 26.92 |
| Performance Differential (NAV - Index) | -0.02 | -0.07 | -0.33 | -0.33 | -0.30 | -0.21 | -0.11 | -0.03 |
$9.85
/
+2.61%
Fees
Holdings
Daily Holdings (%) as of 05 Jan 2026
Download XLS|
Ticker
|
Holding Name |
% of Net Assets |
Identifier (FIGI)
|
Shares
|
Asset Class |
Market Value (US$) |
Notional Value |
|---|---|---|---|---|---|---|---|
|
NVDA US |
Nvidia Corp | 20.24 |
BBG000BBJQV0 |
43,160,240 |
Stock | 8,119,304,349 | -- |
|
TSM US |
Taiwan Semiconductor Manufacturing Co L | 10.58 |
BBG000BD8ZK0 |
13,172,772 |
Stock | 4,244,925,777 | -- |
|
AVGO US |
Broadcom Inc | 7.97 |
BBG00KHY5S69 |
9,314,440 |
Stock | 3,198,764,985 | -- |
|
ASML US |
Asml Holding Nv | 5.42 |
BBG000K6MRN4 |
1,771,639 |
Stock | 2,175,909,303 | -- |
|
MU US |
Micron Technology Inc | 5.26 |
BBG000C5Z1S3 |
6,767,633 |
Stock | 2,112,516,641 | -- |
|
LRCX US |
Lam Research Corp | 5.15 |
BBG000BNFLM9 |
10,606,795 |
Stock | 2,065,779,394 | -- |
|
AMD US |
Advanced Micro Devices Inc | 4.93 |
BBG000BBQCY0 |
8,955,811 |
Stock | 1,979,950,696 | -- |
|
KLAC US |
Kla Corp | 4.86 |
BBG000BMTFR4 |
1,440,566 |
Stock | 1,948,293,487 | -- |
|
AMAT US |
Applied Materials Inc | 4.60 |
BBG000BBPFB9 |
6,486,293 |
Stock | 1,844,182,826 | -- |
|
TXN US |
Texas Instruments Inc | 4.34 |
BBG000BVV7G1 |
9,823,840 |
Stock | 1,740,489,733 | -- |
|
QCOM US |
Qualcomm Inc | 4.30 |
BBG000CGC1X8 |
9,794,704 |
Stock | 1,726,904,262 | -- |
|
INTC US |
Intel Corp | 4.29 |
BBG000C0G1D1 |
43,764,000 |
Stock | 1,722,988,680 | -- |
|
ADI US |
Analog Devices Inc | 4.16 |
BBG000BB6G37 |
6,023,077 |
Stock | 1,670,139,021 | -- |
|
SNPS US |
Synopsys Inc | 2.95 |
BBG000BSFRF3 |
2,397,690 |
Stock | 1,184,914,421 | -- |
|
CDNS US |
Cadence Design Systems Inc | 2.45 |
BBG000C13CD9 |
3,265,566 |
Stock | 983,653,791 | -- |
|
MRVL US |
Marvell Technology Inc | 2.09 |
BBG00ZXBJ153 |
9,273,125 |
Stock | 836,714,069 | -- |
|
NXPI US |
Nxp Semiconductors Nv | 1.45 |
BBG000BND699 |
2,598,898 |
Stock | 581,841,284 | -- |
|
MPWR US |
Monolithic Power Systems Inc | 1.09 |
BBG000C30L48 |
458,345 |
Stock | 437,733,225 | -- |
|
TER US |
Teradyne Inc | 1.00 |
BBG000BV4DR6 |
1,831,289 |
Stock | 401,967,936 | -- |
|
MCHP US |
Microchip Technology Inc | 0.97 |
BBG000BHCP19 |
5,827,152 |
Stock | 390,768,813 | -- |
|
STM US |
Stmicroelectronics Nv | 0.68 |
BBG000BD4GX2 |
9,963,939 |
Stock | 273,111,568 | -- |
|
ON US |
On Semiconductor Corp | 0.56 |
BBG000DV7MX4 |
3,849,662 |
Stock | 225,936,663 | -- |
|
SWKS US |
Skyworks Solutions Inc | 0.25 |
BBG000KLB4Q1 |
1,512,795 |
Stock | 98,573,722 | -- |
|
QRVO US |
Qorvo Inc | 0.20 |
BBG007TJF1N7 |
912,073 |
Stock | 79,405,075 | -- |
|
OLED US |
Universal Display Corp | 0.15 |
BBG000BLRP41 |
498,191 |
Stock | 61,382,113 | -- |
|
-USD CASH- |
0.02 |
-- |
6,116,112 |
Cash Bal | 6,116,112 | -- | |
|
-- |
Other/Cash | 0.03 |
-- |
0 |
Cash | 12,121,385 | -- |
Portfolio
Sector Weightings (%) as at 31 Dec 2025
-
Sector
% of Net Assets -
Information Technology
99.95 -
Other/Cash
0.05
Country Weightings (%) as at 31 Dec 2025
-
Country
% of Net Assets -
United States
80.31 -
Taiwan Region
10.47 -
Netherlands
6.43 -
Bermuda
2.06 -
Switzerland
0.68 -
Other/Cash
0.05
Distributions
Yields as of 06 Jan 2026
Annual
0.28%
0.28%
0.28%
Distribution History
| Year | Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|---|
| 2025 | 12/22/2025 | 12/22/2025 | 12/26/2025 | $ 1.1047 | -- | -- | -- | $ 1.10 |
| 2024 | 12/23/2024 | 12/23/2024 | 12/24/2024 | $ 1.0713 | -- | -- | -- | $ 1.07 |
| 2023 | 12/18/2023 | 12/19/2023 | 12/22/2023 | $ 1.0427 | -- | -- | -- | $ 1.04 |
| 2022 | 12/19/2022 | 12/20/2022 | 12/23/2022 | $ 1.2005 | -- | -- | -- | $ 1.20 |
| 2021 | 12/20/2021 | 12/21/2021 | 12/27/2021 | $ 0.7867 | -- | -- | -- | $ 0.79 |
| 2020 | 12/21/2020 | 12/22/2020 | 12/28/2020 | $ 0.7511 | -- | -- | -- | $ 0.75 |
| 2019 | 12/23/2019 | 12/24/2019 | 12/30/2019 | $ 1.0611 | -- | -- | -- | $ 1.06 |
| 2018 | 12/20/2018 | 12/21/2018 | 12/27/2018 | $ 0.8190 | -- | -- | -- | $ 0.82 |
| 2017 | 12/18/2017 | 12/19/2017 | 12/22/2017 | $ 0.6980 | -- | -- | -- | $ 0.70 |
| 2016 | 12/19/2016 | 12/21/2016 | 12/23/2016 | $ 0.2880 | -- | -- | -- | $ 0.29 |
| 2015 | 12/21/2015 | 12/23/2015 | 12/28/2015 | $ 0.5705 | -- | -- | -- | $ 0.57 |
| 2014 | 12/22/2014 | 12/24/2014 | 12/29/2014 | $ 0.3160 | -- | -- | -- | $ 0.32 |
| 2013 | 12/23/2013 | 12/26/2013 | 12/30/2013 | $ 0.3295 | -- | -- | -- | $ 0.33 |
| 2012 | 12/24/2012 | 12/27/2012 | 12/31/2012 | $ 0.3500 | -- | -- | -- | $ 0.35 |
| 2011 | 12/23/2011 | 12/28/2011 | 12/30/2011 | -- | -- | -- | -- | $ 0.00 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.