VanEck Vectors Semiconductor ETF (SMH)
SMH, or the VanEck Vectors Semiconductor ETF, is a passive exchange-traded fund (ETF) managed by VanEck. The fund tracks the investment results of the MVIS US Listed Semiconductor 25 Index, which is designed to provide exposure to the performance of companies in the semiconductor industry. The index comprises 25 companies listed on U.S. exchanges involved in developing, developing, manufacturing, and selling semiconductors. The ETF aims to provide investors with exposure to the performance of companies in the semiconductor industry, which can be an attractive investment opportunity as the semiconductor industry is a crucial driver of technological innovation and growth in many sectors.
The SMH ETF was launched on December 20, 2011, and has a 0.35% expense ratio.
ETF Info
US92189F6768
92189F676
Dec 20, 2011
Developed Markets (Broad)
1x
MVIS US Listed Semiconductor 25 Index
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VanEck Vectors Semiconductor ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck Vectors Semiconductor ETF had a return of 39.89% year-to-date (YTD) and 51.80% in the last 12 months. Over the past 10 years, VanEck Vectors Semiconductor ETF had an annualized return of 28.03%, outperforming the S&P 500 benchmark which had an annualized return of 11.21%.
SMH
39.89%
-1.76%
0.15%
51.80%
33.24%
28.03%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of SMH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 6.29% | 14.03% | 6.15% | -4.84% | 12.33% | 8.41% | -5.26% | -1.43% | 0.82% | -1.54% | 39.89% | ||
| 2023 | 16.83% | 0.97% | 9.94% | -6.06% | 16.75% | 5.49% | 5.50% | -2.74% | -7.19% | -4.16% | 15.49% | 9.62% | 73.38% |
| 2022 | -10.81% | -2.63% | 0.61% | -14.80% | 6.41% | -16.70% | 16.41% | -9.53% | -13.73% | 2.21% | 20.35% | -8.84% | -32.77% |
| 2021 | 3.75% | 6.33% | 1.08% | -0.23% | 2.55% | 5.24% | 0.34% | 2.92% | -5.38% | 6.78% | 11.42% | 2.37% | 42.90% |
| 2020 | -2.72% | -4.07% | -11.24% | 14.16% | 5.46% | 8.35% | 8.78% | 5.50% | -0.67% | 0.43% | 19.24% | 6.17% | 56.63% |
| 2019 | 10.67% | 6.98% | 2.90% | 9.33% | -15.50% | 12.17% | 6.27% | -2.28% | 4.12% | 7.02% | 4.25% | 13.08% | 72.21% |
| 2018 | 8.89% | 0.03% | -2.12% | -6.83% | 10.32% | -4.22% | 3.14% | 2.88% | -2.29% | -12.20% | 3.52% | -6.26% | -7.27% |
| 2017 | 3.91% | 2.62% | 4.35% | -0.01% | 7.89% | -4.80% | 4.86% | 3.19% | 5.35% | 8.88% | -1.34% | 0.39% | 40.48% |
| 2016 | -6.68% | 1.43% | 9.22% | -4.76% | 8.46% | 0.19% | 11.38% | 4.27% | 4.92% | -1.73% | 4.09% | 2.45% | 36.64% |
| 2015 | -3.46% | 8.04% | -2.93% | 0.29% | 7.84% | -8.76% | -4.43% | -4.99% | 0.67% | 8.68% | 2.93% | -0.28% | 1.87% |
| 2014 | -2.97% | 6.02% | 4.49% | -2.06% | 3.74% | 6.80% | -1.48% | 5.99% | -1.14% | 0.65% | 8.03% | 0.63% | 31.75% |
| 2013 | 6.09% | 2.39% | 1.17% | 4.28% | 3.35% | -1.57% | 2.31% | -3.68% | 7.38% | 3.23% | 0.02% | 6.37% | 35.49% |
Expense Ratio
SMH features an expense ratio of 0.35%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SMH is 48, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Vectors Semiconductor ETF (SMH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
VanEck Vectors Semiconductor ETF provided a 0.43% dividend yield over the last twelve months, with an annual payout of $1.04 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.04 | $1.04 | $2.40 | $1.57 | $1.50 | $4.24 | $1.64 | $1.40 | $0.58 | $1.14 | $0.63 | $0.66 |
Dividend yield | 0.43% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Vectors Semiconductor ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.04 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.40 | $2.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.57 | $1.57 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.50 | $1.50 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.24 | $4.24 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.64 | $1.64 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.40 | $1.40 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.58 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 | $1.14 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.63 | $0.63 |
| 2013 | $0.66 | $0.66 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Vectors Semiconductor ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Vectors Semiconductor ETF was 95.73%, occurring on Nov 20, 2008. Recovery took 3020 trading sessions.
The current VanEck Vectors Semiconductor ETF drawdown is 13.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -95.73% | Jun 5, 2000 | 2137 | Nov 20, 2008 | 3020 | Nov 16, 2020 | 5157 |
| -45.3% | Dec 28, 2021 | 202 | Oct 14, 2022 | 166 | Jun 14, 2023 | 368 |
| -24.82% | Jul 11, 2024 | 20 | Aug 7, 2024 | — | — | — |
| -18.97% | May 8, 2000 | 12 | May 23, 2000 | 7 | Jun 2, 2000 | 19 |
| -15.58% | Feb 17, 2021 | 14 | Mar 8, 2021 | 19 | Apr 5, 2021 | 33 |
Volatility
Volatility Chart
The current VanEck Vectors Semiconductor ETF volatility is 8.43%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.