Fund report

US-listed

SMH

Seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Listed Semiconductor 25 Index.
VanEck Semiconductor ETF
VanEck

26 holdings as of 2026-06-30 · top 10 = 70.3% · TER 0.35% · P/E 32.0

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Concentration
Highly concentratedtop 10 = 70.3%
diversifiedconcentrated
GROWTH · NAV (USD)rebased to 0%
Holdings
26
as of 2026-06-30
Top 10
70.3%
TER
0.35%
cheaper than 67% of peers
Net assets
US$77.2B
Largest
17.5%
P / E
32.0
covers 94% by weight
01Overview
the fund's regulatory facts
Fund currency
USD
Volatility 1Y
39.5%
Tracked index
MVIS US Listed Semiconductor 25 Index
How it tracks
Index, full replication
02Valuation and performance
market price return · as of 2026-09-11
1M
-2.8%
3M
-8.3%
6M
+46.8%
YTD
+57.9%
1Y
+87.1%
Valuation25 companies covered · weighted, profitable holdings only
32.0
price / earnings
MethodologyCompany-data coverageThe rest is 6% loss-making companies, which carry no P/E by the positive-earner convention.
2.9%
MethodologyEarnings yieldP/E is price over earnings; earnings yield is the reverse, earnings over price, and reads like a bond yield. P/E covers only the profitable holdings, since a loss-making company has no meaningful P/E. Earnings yield counts the loss-makers too, so it covers more of the fund and can fall below zero when the holdings lose money overall.
covers 100% by weight
11.21
price / book
covers 100% by weight

Computed from company filings and reported position values. MethodologyPortfolio valuationComputed by us from each company's own financial statements and the position values funds report, currency-adjusted and weighted harmonically. P/E covers profitable holdings only. Book value uses the most recent reported quarter.. Not investment advice.

03Holdings
26 largest · as of 2026-06-30
#CompanyIdentifierWeight
1NVIDIA CORP USNVDA
17.6
2TAIWAN SEMICONDUCTOR-SP ADR TWTSM
9.3
3Applied Materials Inc USAMAT
5.7
4Micron Technology Inc USMU
5.7
5ADVANCED MICRO DEVICES USAMD
5.6
6KLA Corp USKLAC
5.6
7LAM RESEARCH CORPORATION USLRCX
5.3
8BROADCOM INC USAVGO
5.3
9Intel Corp USINTC
5.1
10ASML HOLDING NV EUR 0.09 ADR NLASML
5.0
11MARVELL TECHNOLOGY, INC. USMRVL
4.7
12Texas Instruments Inc USTXN
4.2
13ANALOG DEVICES, INC. USADI
4.0
14QUALCOMM Inc USQCOM
3.7
15CADENCE DESIGN SYSTEMS, INC. USCDNS
2.2
16SYNOPSYS, INC. USSNPS
1.8
17TERADYNE INC USTER
1.5
18Astera Labs Inc USALAB
1.3
19STMicroelectronics NV CHSTM
1.3
20MONOLITHIC POWER SYSTEMS, INC. USMPWR US
1.2
21ARM Holdings PLC GBARM
1.2
22NXP Semiconductors N.V. NLNXPI
1.1
23MICROCHIP TECHNOLOGY INCORPORATED USMCHP
0.9
24ON Semiconductor Corp USON
0.6
25Skyworks Solutions Inc USSWKS
0.2
26State Street Institutional US Government Money Market Fund USGVMXX
0.0
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04Exposure
Equity 100.0%
By sector
Technology98.8%
By country
USUnited States82.0%
TWTaiwan9.3%
NLNetherlands6.2%
CHSwitzerland1.3%
GBUnited Kingdom1.2%
CurrencyUSD 82.0% TWD 9.3% EUR 6.2% CHF 1.3% GBP 1.2%
05Similar funds
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Curated comparison
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