BTEK vs. SMH

Last updated Jul 12, 2026

BTEK (Future Tech ETF) and SMH (VanEck Semiconductor ETF) are both exchange-traded funds - BTEK is a Technology Equities fund actively managed by BlackRock, while SMH is a Semiconductors fund tracking the MVIS US Listed Semiconductor 25 Index. BTEK is actively managed, while SMH is passively managed. BTEK charges 0.88%/yr vs 0.35%/yr for SMH.

Performance

BTEK vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Future Tech ETF (BTEK) and VanEck Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTEK

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SMH

• 1D: 0.54%
• 1M: -1.44%
• 6M: 56.99%
• YTD: 69.67%
• 1Y: 113.20%
• 3Y*: 59.96%
• 5Y*: 37.42%
• 10Y*: 36.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTEK vs. SMH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BTEK Future Tech ETF	0.00%	0.00%	0.00%
SMH VanEck Semiconductor ETF	69.67%	49.17%	2.99%

BTEK vs. SMH - Sectors Allocation Comparison

Sectors	BTEK	SMH
Technology	79.0%	100.0%
Communication Services	9.2%	-
Industrials	7.4%	-
Consumer Cyclical	4.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

BTEK vs. SMH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTEK

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SMH

SMH Risk / Return Rank: 94
SMH Sharpe Ratio Rank: 95
SMH Sortino Ratio Rank: 90
SMH Omega Ratio Rank: 91
SMH Calmar Ratio Rank: 96
SMH Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTEK vs. SMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Future Tech ETF (BTEK) and VanEck Semiconductor ETF (SMH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BTEK	SMH	Difference
Sharpe ratio: Return per unit of total volatility	—	3.13	—
Sortino ratio: Return per unit of downside risk	—	3.35	—
Omega ratio: Gain probability vs. loss probability	—	1.47	—
Calmar ratio: Return relative to maximum drawdown	—	7.62	—
Martin ratio: Return relative to average drawdown	—	25.13	—

Drawdowns

Drawdown Indicators

	BTEK	SMH	Difference
Max Drawdown Largest peak-to-trough decline	—	-84.96%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-35.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.30%	—
Current Drawdown Current decline from peak	—	-8.65%	—
Average Drawdown Average peak-to-trough decline	—	-40.95%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.52%	—

Volatility

Volatility by Period

	BTEK	SMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	36.41%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	36.12%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	33.10%	—

BTEK vs. SMH - Expense Ratio Comparison

BTEK has a 0.88% expense ratio, which is higher than SMH's 0.35% expense ratio.

Dividends

BTEK vs. SMH - Dividend Comparison

BTEK has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.18%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTEK Future Tech ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SMH VanEck Semiconductor ETF	0.18%	0.31%	0.44%	0.60%	1.18%	0.51%	0.69%	1.50%	1.88%	1.43%	0.80%	2.14%

Frequently Asked Questions

Which ETF is better, BTEK or SMH?

On fees, SMH is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTEK or SMH?

SMH is cheaper with a 0.35% expense ratio, compared with 0.88% for BTEK.

Which ETF pays a higher dividend yield, BTEK or SMH?

SMH has the higher dividend yield at 0.18%, compared with 0.00% for BTEK.

What is the main difference between BTEK and SMH?

BTEK is categorized as Technology Equities, while SMH is Semiconductors. They also come from different issuers: BlackRock and VanEck. Their fees differ too: 0.88% for BTEK and 0.35% for SMH.