(SMH) Semiconductor - Overview
ETF Category: Sector Equity Technology | Exchange: MI (Italy) | Market Cap: 1.790m EUR | Total Return: 146.9% in 12m
Avg Turnover: 19.2M
Warnings
No concerns identified
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind, Pullback 52w
The VanEck Semiconductor UCITS ETF (SMH) tracks the Morningstar US Listed Semiconductor 10% Capped Index, providing exposure to companies involved in semiconductor production and equipment. This sector serves as the foundational infrastructure for modern computing, including artificial intelligence, data centers, and automotive electronics.
The semiconductor business model is characterized by high capital expenditure and significant research and development costs required to maintain Moore’s Law scaling. Companies in this space typically operate as either fabless designers or integrated device manufacturers that own their own fabrication plants. You may find ValueRay useful for analyzing the underlying fundamental metrics of these holdings.
- Global demand for high-end AI chips drives core revenue growth
- Geopolitical trade restrictions on advanced logic semiconductors impact export volumes
- High capital expenditure requirements for next-generation fabrication cycles affect margins
- Cyclical fluctuations in consumer electronics demand influence inventory turnover rates
- Concentration in top-tier foundry services creates significant supply chain dependency
As of June 08, 2026, the stock is trading at EUR 94.20 with a total of 181,211 shares traded.
Over the past week, the price has changed by -1.07%,
over one month by +11.93%,
over three months by +61.27% and
over the past year by +146.86%.
Semiconductor has no consensus analysts rating.