Overview of VanEck Semiconductor ETF (SMH)
- Ticker Symbol: SMH
- Inception Date: December 20, 2011
- Total Net Assets: Approximately $22.32 billion as of September 12, 2024[1][3].
- Current NAV: $233.81 as of September 12, 2024[1].
- Year-to-Date Returns: 33.73% as of September 12, 2024[1].
- Total Expense Ratio: 0.35%[1].
Investment Objective
The SMH ETF aims to replicate the performance of the MVIS US Listed Semiconductor 25 Index, which tracks the largest and most liquid U.S.-listed companies involved in semiconductor production and equipment. This includes both domestic firms and U.S.-listed foreign companies, providing a broad representation of the semiconductor sector[1][2].
Key Features
- Highly Liquid Companies: The fund focuses on companies with significant market capitalization and trading volume, ensuring liquidity for investors[1][2].
- Industry Leaders: The index methodology favors leading companies in the semiconductor industry, enhancing potential returns[1].
- Global Scope: The portfolio may include a mix of domestic and foreign companies to provide comprehensive industry coverage[1].
Performance Highlights
- As of September 12, 2024, SMH has shown impressive growth, with a year-to-date return exceeding 30%[1][3].
- The ETF’s price has fluctuated between a yearly high of $281.27 and a low of approximately $238.95, reflecting the volatility typical in tech sectors like semiconductors[4].
Conclusion
The VanEck Semiconductor ETF (SMH) represents a compelling investment opportunity for those looking to capitalize on the growth of the semiconductor industry, which is critical to modern technology advancements. With its focus on liquidity and industry leaders, SMH is well-positioned for investors seeking exposure in this dynamic sector.
Citations:
[1] https://www.vaneck.com/us/en/investments/semiconductor-etf-smh/
[2] https://www.vaneck.com/uk/en/investments/semiconductor-etf/
[3] https://invest.cnyes.com/ETF/us/detail/SMH/overview
[4] https://www.moneydj.com/etf/x/basic/basic0003.xdjhtm?etfid=smh
[5] https://consent.yahoo.com/v2/collectConsent
[6] https://moneydj.com/e5.aspx?a=smh
[7] https://www.macromicro.me/etf/us/intro/SMH
[8] https://www.marketwatch.com/investing/fund/smh
