(SMH) Semiconductor - Overview

ETF Category: Technology | Exchange: NASDAQ (USA) | Market Cap: 67.810m USD | Total Return: 160.9% in 12m

Microchips, Integrated Circuits, Processors, Memory Modules, Foundries
Total Rating 91
Safety 58
Buy Signal 0.77
Technology
Category Rotation: +0.2
TER: 0.35%
AUM: 67.8B
Avg Turnover: 5.25B
Risk 3d forecast
Volatility30.7%
VaR 5th Pctl5.57%
VaR vs Median0.84%
Reward TTM
Sharpe Ratio2.99
Rel. Str. IBD95.1
Rel. Str. Peer Group88.4
Character TTM
Beta2.127
Beta Downside1.912
Hurst Exponent0.473
Drawdowns 3y
Max DD35.74%
CAGR/Max DD1.72
CAGR/Mean DD8.81

Warnings

No concerns identified

Tailwinds

Supp Ema20, Rs Leader, Idiosyncratic Leader, Tailwind

Description: SMH Semiconductor

The VanEck Semiconductor ETF (SMH) tracks a benchmark index of U.S.-listed companies involved in semiconductor production and equipment. The fund maintains a concentrated, non-diversified portfolio, investing at least 80% of its assets in equity securities and depositary receipts within this sector. This strategy includes exposure to both domestic firms and foreign entities listed on U.S. exchanges.

The semiconductor industry operates on a high-capital-expenditure business model, requiring significant investment in research and fabrication facilities to maintain competitive edge. As the fundamental hardware layer for artificial intelligence and cloud computing, these companies often experience cyclical demand patterns driven by global technological advancement. For a deeper look into individual company fundamentals, ValueRay provides detailed analytical tools.

Headlines to Watch Out For
  • Enterprise AI infrastructure demand accelerates revenue growth for top holding NVIDIA
  • Global semiconductor manufacturing cycle shifts toward advanced sub-5nm node capacity
  • U.S. export restrictions on high-end chips impact sales to Chinese markets
  • Cyclical consumer electronics demand fluctuations influence memory and processor inventory levels
  • High concentration in top holdings increases sensitivity to individual corporate earnings reports
What is the price of SMH shares?

As of May 31, 2026, the stock is trading at USD 598.93 with a total of 7,601,628 shares traded.
Over the past week, the price has changed by +4.60%, over one month by +26.77%, over three months by +56.56% and over the past year by +160.91%.

Is SMH a buy, sell or hold?

Semiconductor has no consensus analysts rating.