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SMHX
+3.09 · +8.59%
$39.08 · NASDAQ

VanEck Fabless Semiconductor ETF (SMHX) ETF Analysis | Technology

VanEck · USA
AUM:$164.1M
#– of – in Technology ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 50.0% over the past year, reflecting strong price momentum.

What is SMHX?

The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The Fabless Index is composed of U.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
SMHX delivered 50.0% over the past year. Historical returns only — past performance is not indicative of future results.
Concentrated Holdings
Top 10 holdings account for 69.3% of the ETF — significant weight in a small number of names.
Income Component
Current yield of 0.02% — modest income alongside capital growth potential.
ETF Information
AUM$164.1M
Expense Ratio0.00%
Dividend Yield0.02%
Holdings22
Inception DateAug 2024
Domicile–
Distribution–
Index–
ProviderVanEck
Beta–
CategoryTechnology
CurrencyUSD
Portfolio Impact

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+43.6%
1Y
+51.6%
3Y
+122.1%
5Y
+122.1%
OpenBook InsightIf you had invested £10,000 in SMHX 5 years ago, it would have grown to £22,206 — a gain of £12,206.

Annual Returns

Calendar year performance

SMHX delivered positive returns in 3 of the last 3 calendar years.
YearSMHX
2026 YTD+41.2%
2025+28.6%
2024+17.8%
CAGR 2yr+23.0%
3/3 positive yearsAvg return: +29.2%Worst year: +17.8% (2024)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
44.6%
Very High
Momentum
-0.9%
30-day change
Support Level
53.77
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.
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