SMH is a Sector & Thematic ETF from VanEck holding 25 positions as of Mar 31, 2026, with $71.5B in assets and a 0.35% net expense ratio. Its largest positions are NVDA (19.6%), TSM (11.8%) and AVGO (7.8%); the top 10 holdings account for 72.2% of the portfolio. It yields 0.19% on a trailing-12-month basis.
- Issuer
- VanEck
- Holdings
- 25
- Net Assets
- $71.5BETF assets as of 2026-08-10
- Expense Ratio
- 0.35%per latest SEC prospectus filing
- TTM Yield
- 0.19%trailing 12-month distributions
Performance
- 1M
- +0.2%
- YTD
- +61.8%
- 1Y
- +100.8%
- 3Y (ann.)
- +55.9%
- 5Y (ann.)
- +34.9%
- 10Y (ann.)
- +34.9%
A $10,000 investment 10 years ago would be worth $199,285 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Sector Breakdown
| Information Technology | 99.9% |
|---|---|
| Other Sectors | 0.0% |
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  NVDANVIDIA Corp | 19.64% |
| 2 |  TSMTaiwan Semiconductor Manufacturing Co Ltd | 11.84% |
| 3 |  AVGOBroadcom Inc | 7.79% |
| 4 |  ASMLASML Holding NV | 4.99% |
| 5 |  KLACKLA Corp | 4.74% |
| 6 |  ADIAnalog Devices Inc | 4.70% |
| 7 |  AMDAdvanced Micro Devices Inc | 4.68% |
| 8 |  TXNTexas Instruments Inc | 4.61% |
| 9 |  LRCXLam Research Corp | 4.60% |
| 10 |  AMATApplied Materials Inc | 4.59% |
| 11 |  INTCIntel Corp | 4.34% |
| 12 |  MUMicron Technology Inc | 4.23% |
| 13 |  QCOMQUALCOMM Inc | 4.09% |
| 14 |  SNPSSynopsys Inc | 2.50% |
| 15 |  CDNSCadence Design Systems Inc | 2.43% |
| 16 |  MRVLMarvell Technology Inc | 2.35% |
| 17 |  TERTeradyne Inc | 1.41% |
| 18 |  NXPINXP Semiconductors NV | 1.24% |
| 19 |  MPWRMonolithic Power Systems Inc | 1.23% |
| 20 |  MCHPMicrochip Technology Inc | 1.00% |
| 21 |  STMSTMicroelectronics NV | 0.90% |
| 22 |  ARMARM Holdings PLC | 0.76% |
| 23 |  ONON Semiconductor Corp | 0.60% |
| 24 |  ALABAstera Labs Inc | 0.44% |
| 25 |  SWKSSkyworks Solutions Inc | 0.21% |
SMH alternatives
The closest Sector & Thematic ETFs to SMH by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 SOXXiShares Semiconductor ETF | 70% | 0.34%cheaper | $47.6B | Compare → |
 XLKState Street® Technology Select Sector SPDR® ETF | 46% | 0.08%cheaper | $122.8B | Compare → |
 IYWiShares U.S. Technology ETF | 42% | 0.38%pricier | $25.2B | Compare → |
| 41% | 0.08%cheaper | $19.9B | Compare → | |
 VGTVanguard Information Technology Index Fund | 41% | 0.09%cheaper | $147.3B | Compare → |
 QTECFirst Trust NASDAQ-100-Technology Sector Index Fund | 38% | 0.55%pricier | $4.8B | Compare → |
 XSDState Street® SPDR® S&P® Semiconductor ETF | 27% | 0.35% | $2.9B | Compare → |
 AIQGlobal X Artificial Intelligence & Technology ETF | 27% | 0.68%pricier | $10.3B | Compare → |
Frequently Asked Questions
What is SMH's expense ratio?
SMH has a net expense ratio of 0.35%, per its latest SEC prospectus filing. That works out to about $35 a year on a $10,000 investment.
How many holdings does SMH have?
SMH held 25 positions as of Mar 31, 2026, per its latest official holdings data.
What are SMH's top 10 holdings?
SMH's largest positions are NVDA (19.6%), TSM (11.8%), AVGO (7.8%), ASML (5.0%), KLAC (4.7%), ADI (4.7%), AMD (4.7%), TXN (4.6%), LRCX (4.6%), AMAT (4.6%). Together they account for 72.2% of the portfolio.
What is SMH's dividend yield?
SMH yields 0.19% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is SMH?
SMH has $71.5B in assets as of Aug 10, 2026.
What are good alternatives to SMH?
By portfolio overlap, the closest Sector & Thematic ETFs to SMH are SOXX (70% overlap), XLK (46% overlap), IYW (42% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.