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VanEck Vectors Semiconductor ETF (SMH)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

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

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

SMH features an expense ratio of 0.35%, falling within the medium range.


Expense ratio chart for SMH: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VanEck Vectors Semiconductor ETF

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

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.


100.00%150.00%200.00%250.00%300.00%FebruaryMarchAprilMayJuneJuly
181.43%
284.26%
SMH (VanEck Vectors Semiconductor ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

VanEck Vectors Semiconductor ETF had a return of 41.90% year-to-date (YTD) and 63.19% in the last 12 months. Over the past 10 years, VanEck Vectors Semiconductor ETF had an annualized return of 28.94%, outperforming the S&P 500 benchmark which had an annualized return of 10.77%.


PeriodReturnBenchmark
Year-To-Date41.90%15.41%
1 month-10.34%0.33%
6 months32.57%13.74%
1 year63.19%21.39%
5 years (annualized)36.79%13.11%
10 years (annualized)28.94%10.77%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20246.29%14.03%6.15%-4.84%12.33%8.41%41.90%
202316.83%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%
20213.75%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%
201910.67%6.98%2.90%9.33%-15.50%12.17%6.27%-2.28%4.12%7.02%4.25%13.08%72.21%
20188.89%0.03%-2.12%-6.83%10.32%-4.22%3.14%2.88%-2.29%-12.20%3.52%-6.26%-7.27%
20173.91%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%
20136.09%2.39%1.17%4.28%3.35%-1.57%2.31%-3.68%7.38%3.23%0.02%6.37%35.49%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of SMH is 85, placing it in the top 15% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of SMH is 8585
SMH (VanEck Vectors Semiconductor ETF)
The Sharpe Ratio Rank of SMH is 8585Sharpe Ratio Rank
The Sortino Ratio Rank of SMH is 7878Sortino Ratio Rank
The Omega Ratio Rank of SMH is 8080Omega Ratio Rank
The Calmar Ratio Rank of SMH is 9696Calmar Ratio Rank
The Martin Ratio Rank of SMH is 8585Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


SMH
Sharpe ratio
The chart of Sharpe ratio for SMH, currently valued at 2.01, compared to the broader market0.002.004.006.002.01
Sortino ratio
The chart of Sortino ratio for SMH, currently valued at 2.60, compared to the broader market0.005.0010.0015.002.60
Omega ratio
The chart of Omega ratio for SMH, currently valued at 1.33, compared to the broader market1.002.003.001.33
Calmar ratio
The chart of Calmar ratio for SMH, currently valued at 3.85, compared to the broader market0.005.0010.0015.0020.003.85
Martin ratio
The chart of Martin ratio for SMH, currently valued at 10.03, compared to the broader market0.0050.00100.00150.0010.03
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.82, compared to the broader market0.002.004.006.001.82
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.59, compared to the broader market0.005.0010.0015.002.59
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.32, compared to the broader market1.002.003.001.32
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.45, compared to the broader market0.005.0010.0015.0020.001.45
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 6.82, compared to the broader market0.0050.00100.00150.006.82

Sharpe Ratio

The current VanEck Vectors Semiconductor ETF Sharpe ratio is 2.01. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of VanEck Vectors Semiconductor ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50FebruaryMarchAprilMayJuneJuly
2.01
1.82
SMH (VanEck Vectors Semiconductor ETF)
Benchmark (^GSPC)

Dividends

Dividend History

VanEck Vectors Semiconductor ETF granted a 0.42% dividend yield in the last twelve months. The annual payout for that period amounted to $1.04 per share.


PeriodTTM20232022202120202019201820172016201520142013
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

0.42%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$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.


-15.00%-10.00%-5.00%0.00%FebruaryMarchAprilMayJuneJuly
-11.78%
-2.86%
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 95.73%, occurring on Nov 20, 2008. Recovery took 3020 trading sessions.

The current VanEck Vectors Semiconductor ETF drawdown is 11.78%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-95.73%Jun 5, 20002137Nov 20, 20083020Nov 16, 20205157
-45.3%Dec 28, 2021202Oct 14, 2022166Jun 14, 2023368
-18.97%May 8, 200012May 23, 20007Jun 2, 200019
-15.58%Feb 17, 202114Mar 8, 202119Apr 5, 202133
-14.93%Mar 8, 202430Apr 19, 202421May 20, 202451

Volatility

Volatility Chart

The current VanEck Vectors Semiconductor ETF volatility is 11.08%, 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%FebruaryMarchAprilMayJuneJuly
11.08%
2.76%
SMH (VanEck Vectors Semiconductor ETF)
Benchmark (^GSPC)