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About VanEck Semiconductor ETF
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Inception date
May 5, 2000
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
SMH is a highly concentrated fund that invests in common stocks and depositary receipts of US-listed semiconductor companies, similar to our benchmark. Midcap companies and foreign companies listed in the US can also be included. To be initially eligible, 50% of company revenues must be primarily in the production of semiconductors and semiconductor equipment. The top 50 eligible companies by market cap are then given two separate ranks based on free-float market capitalization in descending order and three-month average-daily-trading volume in descending order. Those two ranks are summed and the highest ranked 25 companies are selected. A capping scheme is applied to ensure diversification and more weight is given to the larger companies.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Stocks99.94%
Electronic Technology84.91%
Producer Manufacturing8.12%
Technology Services6.90%
Bonds, Cash & Other0.06%
Cash0.06%
Stock breakdown by region
North America81.11%
Asia11.41%
Europe7.48%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SMH invests in stocks. The fund's major sectors are Electronic Technology, with 84.91% stocks, and Producer Manufacturing, with 8.12% of the basket. The assets are mostly located in the North America region.
SMH top holdings are NVIDIA Corporation and Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR, occupying 21.08% and 11.41% of the portfolio correspondingly.
SMH last dividends amounted to 1.07 USD. The year before, the issuer paid 1.04 USD in dividends, which shows a 2.67% increase.
SMH assets under management is 21.37 B USD. It's risen 17.24% over the last month.
SMH fund flows account for 1.51 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SMH pays dividends to its holders with the dividend yield of 0.44%. The last dividend (Dec 24, 2024) amounted to 1.07 USD. The dividends are paid annually.
SMH shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on May 5, 2000, and its management style is Passive.
SMH expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
SMH follows the MVIS US Listed Semiconductor 25. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SMH invests in stocks.
SMH price has risen by 17.53% over the last month, and its yearly performance shows a −0.04% decrease. See more dynamics on SMH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.93% increase in three-month performance and has decreased by −0.39% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.93% increase in three-month performance and has decreased by −0.39% in a year.
SMH trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.