SMH vs SMHX
VanEck Semiconductor ETF against VanEck Fabless Semiconductor ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
45%
10 shared positions
Fee gap
0 bp
same fee
1-year return gap
22.0 pts
SMH is ahead
Larger fund
SMH
$72.8B
Side by side
| SMH | SMHX | |
|---|---|---|
| Fund | VanEck Semiconductor ETF | VanEck Fabless Semiconductor ETF |
| Issuer | VanEck | VanEck |
| Category | Semiconductors | Semiconductors |
| Expense ratio | 0.35% | 0.35% |
| Assets | $72.8B | $307M |
| Average daily dollar volume | $3.7B | $3.3M |
| Listed | Dec 20, 2011 | Aug 27, 2024 |
| FrenzyCap score | 83 | 59 |
| 1-month return | +7.7% | +10.5% |
| 3-month return | +3.0% | +4.6% |
| Year to date | +67.5% | +61.5% |
| 1-year return | +74.3% | +52.3% |
| 30-day volatility | 30.9% | 36.3% |
| Worst drawdown, 1 year | −24.6% | −24.9% |
| Trailing 12-month yield | 0.18% | 0.01% |
| Holdings | 27 | 22 |
| Top 10 weight | 67.7% | 71.8% |
| Look-through P/E | 44.2 | 54.7 |
| Holdings vs fair value | −3.2% | −7.2% |
| Holdings above 200-day average | 92% | 77% |
| Net flow, latest 3 reported months | +$4.5B thru Jun 2026 | +$33M thru Jun 2026 |
| 30-day implied volatility | 32.4% | 35.2% |
| Holdings as of | as of Oct 8, 2026issuer data | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
46% of SMH · 72% of SMHX
Sector mix of the stock holdings
| Sector | SMH | SMHX | Gap |
|---|---|---|---|
| Technology | 91.2% | 99.0% | −7.7% |
| Industrials | 8.7% | 0.0% | +8.7% |
More: full overlap table · SMH holdings · SMHX holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.