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VanEck Vectors Semiconductor ETF (SMH)

ETF · Currency in USD · Last updated Dec 2, 2023

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.

Summary

ETF Info

ISINUS92189F6768
CUSIP92189F676
IssuerVanEck
Inception DateDec 20, 2011
RegionDeveloped Markets (Broad)
CategoryTechnology Equities
Index TrackedMVIS US Listed Semiconductor 25 Index
ETF Home Pagewww.vaneck.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The VanEck Vectors Semiconductor ETF has a high expense ratio of 0.35%, indicating higher-than-average management fees.


0.35%
0.00%2.15%

Share Price Chart


Loading data...

Performance

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.


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
10.26%
7.29%
SMH (VanEck Vectors Semiconductor ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with SMH

VanEck Vectors Semiconductor ETF

Popular comparisons: SMH vs. SOXX, SMH vs. XSD, SMH vs. QQQ, SMH vs. FSELX, SMH vs. VGT, SMH vs. PSI, SMH vs. SOXQ, SMH vs. XLK, SMH vs. SPY, SMH vs. SCHD

Return

VanEck Vectors Semiconductor ETF had a return of 58.80% year-to-date (YTD) and 45.23% in the last 12 months. Over the past 10 years, VanEck Vectors Semiconductor ETF had an annualized return of 26.51%, outperforming the S&P 500 benchmark which had an annualized return of 9.87%.


PeriodReturnBenchmark
Year-To-Date58.80%19.67%
1 month13.15%8.42%
6 months10.26%7.29%
1 year45.23%12.71%
5 years (annualized)31.05%10.75%
10 years (annualized)26.51%9.87%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202316.75%5.49%5.50%-2.74%-7.19%-4.16%15.49%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Semiconductor ETF (SMH) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SMH
VanEck Vectors Semiconductor ETF
1.58
^GSPC
S&P 500
0.91

Sharpe Ratio

The current VanEck Vectors Semiconductor ETF Sharpe ratio is 1.58. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.58
0.91
SMH (VanEck Vectors Semiconductor ETF)
Benchmark (^GSPC)

Dividend History

VanEck Vectors Semiconductor ETF granted a 1.49% dividend yield in the last twelve months. The annual payout for that period amounted to $2.40 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$2.40$2.40$1.57$1.50$4.24$1.64$1.40$0.58$1.14$0.63$0.66$1.20

Dividend yield

1.49%2.37%1.02%1.38%6.00%3.75%2.85%1.61%4.28%2.31%3.11%7.44%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
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
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
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
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
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
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
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
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
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
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.66
2012$0.03$0.08$0.01$0.04$0.11$0.00$0.03$0.10$0.00$0.04$0.04$0.72

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.29%
-4.21%
SMH (VanEck Vectors Semiconductor ETF)
Benchmark (^GSPC)

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 91.45%, occurring on Nov 20, 2008. Recovery took 2342 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-91.45%Jun 5, 20002137Nov 20, 20082342Mar 9, 20184479
-45.3%Dec 28, 2021202Oct 14, 2022166Jun 14, 2023368
-33.62%Feb 20, 202022Mar 20, 202053Jun 5, 202075
-25.59%Mar 13, 2018199Dec 24, 201859Mar 21, 2019258
-18.97%May 8, 200012May 23, 20007Jun 2, 200019

Volatility Chart

The current VanEck Vectors Semiconductor ETF volatility is 6.09%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
6.09%
2.79%
SMH (VanEck Vectors Semiconductor ETF)
Benchmark (^GSPC)

Alternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. YieldMax. DrawdownSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
PSIJun 23, 20050.56%32.4%24.2%1.0%-63.0%0.7
SOXXJul 10, 20010.46%49.4%23.7%0.9%-70.2%1.2
XSDJan 31, 20060.35%21.1%22.1%0.4%-64.6%0.3