VanEck Semiconductor ETF
U.S. stock index ETF · tracks MVIS US Listed Semiconductor 25 Index
VanEck Semiconductor ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Listed Semiconductor 25 Index (the Semiconductor Index or the Index).
The fund uses a passive indexing approach to track the MVIS US Listed Semiconductor 25 Index, holding securities of the 25 largest U.S. exchange-listed semiconductor companies by free-float market capitalization and trading volume; eligible companies must derive at least 50% of revenues from semiconductors or semiconductor equipment. The fund is classified as non-diversified and may invest a greater percentage of its assets in a particular issuer. Because the index concentrates in the semiconductor industry, the fund's portfolio reflects that concentration.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp | 17.55% | $13.55B | 67.7M | $200.09 |
TSMTaiwan Semiconductor Manufacturing Co Ltd | 9.29% | $7.17B | 15.0M | $477.57 |
5.74% | $4.43B | 6.1M | $723.00 | |
5.67% | $4.38B | 3.8M | $1,154.29 | |
5.63% | $4.35B | 7.5M | $580.91 | |
KLACKLA Corp | 5.57% | $4.30B | 14.3M | $301.71 |
5.31% | $4.10B | 9.5M | $433.33 | |
AVGOBroadcom Inc | 5.28% | $4.08B | 10.8M | $377.75 |
INTCIntel Corp | 5.15% | $3.97B | 28.5M | $139.63 |
ASML Holding NV | 5.04% | $3.89B | 2.0M | $1,989.44 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 26 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.95% |
| Cash & short-term | 0.00% |
By sector
- Information Technology
- 83.2%
- International
- 16.8%
- Cash
- 0.0%
How it has done
SMH share class · total returns with dividends reinvested
Volatility over the last 12 months: 36.10%. Past returns are a record, not a forecast.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
VanEck Semiconductor ETF is a U.S. equity index ETF that tracks the MVIS US Listed Semiconductor 25 Index. 43% of SMH’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 82% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Non-diversified
- Expense ratio, by class
- 0.35%· SMH 0.35%
- Portfolio turnover
- 12.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
0 exited
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