SMH ETF Analysis: Semiconductor | NASDAQ

Technology | NASDAQ, USA | Market Cap: 65.060m USD | 12M Return: 106.3% | Charts, Fundamentals & Technical Analysis

Semiconductors, Memory Chips, Semiconductor Equipment, Foundry Services
Total Rating 83
Safety 51
Buy Signal 0.54
Technology
Category Rotation: -22.8
TER: 0.35%
AUM: 65.1B
Avg Turnover: 6.74B
Risk 3d forecast
Volatility44.3%
VaR 5th Pctl8.16%
VaR vs Median2.32%
Reward TTM
Sharpe Ratio2.03
Rel. Str. IBD92.3
Rel. Str. Peer Group89.5
Character TTM
Beta2.120
Beta Downside1.935
Hurst Exponent0.396
Drawdowns 3y
Max DD35.74%
CAGR/Max DD1.60
CAGR/Mean DD7.94

Warnings

No concerns identified

Tailwinds

Rs Leader
Idiosyncratic Leader

Seasonality 10.5 years of data

Jan +0.4% 15
Feb -1.8% 16
Mar -2.1% 16
Apr -4.6% 30
May +5.6% 46
Jun +1.5% 27
Jul +1.6% 33
Aug -0.3% 8
Sep -5.1% 26
Oct +1.7% 9
Nov +4.0% 9
Dec -0.2% 18

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SMH Semiconductor

The VanEck Semiconductor ETF (SMH) is a passively managed exchange-traded fund that tracks a benchmark index of U.S.-listed semiconductor companies. It invests at least 80% of its total assets in securities included in that index, which consists of common stocks and depositary receipts of companies operating in the semiconductor industry. The fund may hold mid-capitalization stocks as well as shares of foreign companies listed on U.S. exchanges, and it is structured as a non-diversified fund.

The semiconductor industry supplies the chips and integrated circuits that power a wide range of electronic devices, including computers, smartphones, data centers, and automobiles. The sector is characterized by high capital intensity, significant research and development requirements, and pronounced cyclical demand tied to broader technology and consumer electronics cycles.

Headlines to Watch Out For
  • AI chip demand drives Nvidia data center revenue growth
  • US export controls limit China semiconductor sales
  • TSMC advanced node demand lifts foundry margins
What is the price of SMH shares?

As of July 23, 2026, the stock is trading at USD 586.91 with a total of 5,241,351 shares traded. Over the past week, the price has changed by -0.65%, over one month by -12.26%, over three months by +23.09% and over the past year by +106.31%.

Current recommended Stop Loss: 550.50 (which is 6.2% or 1.3 ATR below the current price).

Is SMH a buy, sell or hold?

Semiconductor has no consensus analysts rating.