AIQ vs SMH: Holdings Overlap
AIQGlobal X Artificial Intelligence & Technology ETF
Global X · 84 holdings · $10.3B · as of 2026-05-31
VanEck · 25 holdings · $71.5B · as of 2026-03-31
Holdings snapshots are 61 days apart (AIQ: 2026-05-31, SMH: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are AIQ and SMH?
Global X Artificial Intelligence & Technology ETF (AIQ, by Global X) holds 84 positions; VanEck Semiconductor ETF (SMH, by VanEck) holds 25. They have 11 holdings in common, and by portfolio weight the two funds are 27.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 27.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11AIQ holds 84 · SMH holds 25
- Weight in Shared Holdings
- AIQ 29%·SMH 65%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in AIQ
73 of 84 positions (71.0% of the fund) are not held by SMH. Showing the top 30 by weight.
Sector Breakdown
| Sector | AIQ | SMH |
|---|---|---|
| Information Technology | 73.2% | 99.9% |
| Communication Services | 11.0% | 0.0% |
| Consumer Discretionary | 7.0% | 0.0% |
| Industrials | 4.4% | 0.0% |
| Health Care | 0.2% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 4.1% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (4% of AIQ, 0% of SMH).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AIQ | +2.0% | +24.6% | +41.8% | +30.6% | +15.7% | — | 0.07% |
| SMH | +0.2% | +61.8% | +100.8% | +55.9% | +34.9% | +34.9% | 0.19% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in AIQ vs SMH →
Shared Holdings(11)
The top 10 shared positions account for 98% of the overlap, led by AMD, MU and INTC.
 AMDAdvanced Micro Devices Inc. COM | 4.80% | 4.68% | 4.68% |
|---|---|---|---|
 MUMicron Technology Inc. COM | 5.77% | 4.23% | 4.23% |
 INTCIntel Corporation COM | 4.18% | 4.34% | 4.18% |
 AVGOBroadcom Inc COM | 3.24% | 7.79% | 3.24% |
 TSMTaiwan Semiconductor Manufacturing Co. Ltd. | 3.02% | 11.84% | 3.02% |
 NVDANVIDIA Corp. COM | 2.70% | 19.64% | 2.70% |
 QCOMQUALCOMM Inc. COM | 1.96% | 4.09% | 1.96% |
 MRVLMarvell Technology Inc COM | 1.27% | 2.35% | 1.27% |
 CDNSCadence Design Systems, Inc. COM | 0.74% | 2.43% | 0.74% |
 SNPSSynopsys Inc COM | 0.66% | 2.50% | 0.66% |
 NXPINXP Semiconductors NV EUR0.20 | 0.59% | 1.24% | 0.59% |
Frequently Asked Questions
How much do AIQ and SMH overlap?
AIQ and SMH overlap by 27.3% of portfolio weight. They share 11 holdings (AIQ holds 84 positions and SMH holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AIQ and SMH?
The two portfolios are 27.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of AIQ and SMH?
The largest positions held by both funds are AMD, MU, INTC, AVGO and TSM. Together the top 10 shared positions account for 98% of the total overlap.
What does AIQ own that SMH doesn't?
73 positions (71.0% of AIQ) are unique to AIQ, led by 000660, 005930 and CSCO. In the other direction, 14 positions (34.8% of SMH) are unique to SMH.