SMH vs VTV: Holdings Overlap
VanEck · 25 holdings · $71.5B · as of 2026-03-31
Vanguard · 311 holdings · $191.4B · as of 2026-03-31
How similar are SMH and VTV?
VanEck Semiconductor ETF (SMH, by VanEck) holds 25 positions; Vanguard Value Index Fund (VTV, by Vanguard) holds 311. They have 8 holdings in common, and by portfolio weight the two funds are 4.6% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8SMH holds 25 · VTV holds 311
- Weight in Shared Holdings
- SMH 28%·VTV 5%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 SMH
17 of 25 positions (71.8% of the fund) are not held by VTV.
Sector Breakdown
| Sector | SMH | VTV |
|---|---|---|
| Information Technology | 99.9% | 9.9% |
| Financials | 0.0% | 21.9% |
| Health Care | 0.0% | 15.3% |
| Industrials | 0.0% | 14.4% |
| Consumer Staples | 0.0% | 9.5% |
| Other Sectors | 0.0% | 27.8% |
| Unclassified | 0.0% | 0.6% |
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 (0% of SMH, 1% of VTV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SMH | +0.2% | +61.8% | +100.8% | +55.9% | +34.9% | +34.9% | 0.19% |
| VTV | +2.2% | +18.7% | +29.5% | +18.0% | +12.5% | +12.6% | 1.82% |
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 SMH vs VTV →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by MU, INTC and ADI.
 MUMicron Technology Inc. COM | 4.23% | 1.56% | 1.56% |
|---|---|---|---|
 INTCIntel Corporation COM | 4.34% | 0.72% | 0.72% |
 ADIAnalog Devices Inc. COM | 4.70% | 0.64% | 0.64% |
 QCOMQUALCOMM Inc. COM | 4.09% | 0.56% | 0.56% |
 AMATApplied Materials Inc. COM | 4.59% | 0.56% | 0.56% |
 TXNTexas Instruments Inc. COM | 4.61% | 0.36% | 0.36% |
 MCHPMicrochip Technology Incorporated COM | 1.00% | 0.14% | 0.14% |
 ONON Semiconductor Corp. COM | 0.60% | 0.10% | 0.10% |
Frequently Asked Questions
How much do SMH and VTV overlap?
SMH and VTV overlap by 4.6% of portfolio weight. They share 8 holdings (SMH holds 25 positions and VTV holds 311), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SMH and VTV?
The two portfolios are 4.6% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of SMH and VTV?
The largest positions held by both funds are MU, INTC, ADI, QCOM and AMAT. Together the top 8 shared positions account for 100% of the total overlap.
What does SMH own that VTV doesn't?
17 positions (71.8% of SMH) are unique to SMH, led by NVDA, TSM and AVGO. In the other direction, 303 positions (94.8% of VTV) are unique to VTV.