XSD vs SMH: Holdings Overlap
XSDState Street® SPDR® S&P® Semiconductor ETF
State Street (SPDR) · 46 holdings · $2.9B · as of 2026-08-06
VanEck · 25 holdings · $71.5B · as of 2026-03-31
Holdings snapshots are 128 days apart (XSD: 2026-08-06, 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 XSD and SMH?
State Street® SPDR® S&P® Semiconductor ETF (XSD, by State Street (SPDR)) holds 46 positions; VanEck Semiconductor ETF (SMH, by VanEck) holds 25. They have 15 holdings in common, and by portfolio weight the two funds are 27.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 27.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15XSD holds 46 · SMH holds 25
- Weight in Shared Holdings
- XSD 36%·SMH 61%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 XSD
31 of 46 positions (63.8% of the fund) are not held by SMH. Showing the top 30 by weight.
Sector Breakdown
| Sector | XSD | SMH |
|---|---|---|
| Information Technology | 95.2% | 99.9% |
| Industrials | 1.8% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 2.9% | 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 (3% of XSD, 0% of SMH).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| XSD | +1.8% | +69.5% | +104.0% | +35.6% | +22.7% | +27.6% | 0.14% |
| 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 XSD vs SMH →
Shared Holdings(15)
The top 10 shared positions account for 87% of the overlap, led by AVGO, NVDA and AMD.
 AVGOBroadcom Inc COM | 2.90% | 7.79% | 2.90% |
|---|---|---|---|
 NVDANVIDIA Corp. COM | 2.81% | 19.64% | 2.81% |
 AMDAdvanced Micro Devices Inc. COM | 2.78% | 4.68% | 2.78% |
 MUMicron Technology Inc. COM | 2.54% | 4.23% | 2.54% |
 TXNTexas Instruments Inc. COM | 2.53% | 4.61% | 2.53% |
 ADIAnalog Devices Inc. COM | 2.47% | 4.70% | 2.47% |
 INTCIntel Corporation COM | 2.39% | 4.34% | 2.39% |
 QCOMQUALCOMM Inc. COM | 2.15% | 4.09% | 2.15% |
 MRVLMarvell Technology Inc COM | 2.14% | 2.35% | 2.14% |
 NXPINXP Semiconductors NV EUR0.20 | 2.08% | 1.24% | 1.24% |
 MPWRMonolithic Power Systems Inc. COM | 2.37% | 1.23% | 1.23% |
 MCHPMicrochip Technology Incorporated COM | 2.17% | 1.00% | 1.00% |
 ONON Semiconductor Corp. COM | 1.83% | 0.60% | 0.60% |
 ALABAstera Labs Inc COM | 2.57% | 0.44% | 0.44% |
 SWKSSkyworks Solutions, Inc. COM | 2.44% | 0.21% | 0.21% |
Frequently Asked Questions
How much do XSD and SMH overlap?
XSD and SMH overlap by 27.4% of portfolio weight. They share 15 holdings (XSD holds 46 positions and SMH holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both XSD and SMH?
The two portfolios are 27.4% 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 XSD and SMH?
The largest positions held by both funds are AVGO, NVDA, AMD, MU and TXN. Together the top 10 shared positions account for 87% of the total overlap.
What does XSD own that SMH doesn't?
31 positions (63.8% of XSD) are unique to XSD, led by PI, AMBA and SITM. In the other direction, 10 positions (38.8% of SMH) are unique to SMH.