(SMH) Semiconductor - Overview

ETF Category: Technology | Exchange NASDAQ (USA) | Currency USD | Market Cap: 43.886m | Total Return 72.1% in 12m

Etf: Chips, Processors, Foundries, Equipment

Total Rating 82
Risk 61
Buy Signal -0.89
Risk 5d forecast
Volatility 39.8%
Relative Tail Risk 2.53%
Reward TTM
Sharpe Ratio 1.56
Alpha 43.44
Character TTM
Beta 2.042
Beta Downside 1.350
Drawdowns 3y
Max DD 35.74%
CAGR/Max DD 1.23

Description: SMH Semiconductor February 25, 2026

The VanEck Semiconductor ETF (SMH) allocates at least 80% of its assets to securities that track its benchmark index, which consists of U.S.-listed common stocks and depositary receipts of companies operating in the semiconductor industry, including mid-cap and foreign firms listed in the U.S. The fund is classified as non-diversified.

As of the latest filing, SMH manages roughly $12.5 billion in assets with an expense ratio of 0.35%; its top holdings are Nvidia (≈10% of assets), Taiwan Semiconductor Manufacturing Co. (≈9%), and ASML Holding (≈8%).

Key drivers for the semiconductor sector remain robust demand for artificial-intelligence chips, rapid 5G rollout, and the growth of electric-vehicle and data-center markets, all of which are projected to sustain double-digit revenue growth through 2025.

For deeper insights, you might explore ValueRay’s analysis.

Headlines to watch out for

  • Global chip demand fuels semiconductor industry growth
  • Geopolitical tensions disrupt supply chains, impacting production
  • Research and development spending crucial for innovation
  • Interest rate hikes increase borrowing costs for expansion
  • Smartphone and automotive sectors drive chip consumption

What is the price of SMH shares?

As of March 27, 2026, the stock is trading at USD 380.84 with a total of 14,705,861 shares traded.
Over the past week, the price has changed by -3.57%, over one month by -7.57%, over three months by +4.09% and over the past year by +72.08%.

Is SMH a buy, sell or hold?

Semiconductor has no consensus analysts rating.

What are the forecasts/targets for the SMH price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -