(SMH) VanEck Semiconductor - Ratings and Ratios
Semiconductor, ETF, US-Listed, Index
Dividends
| Dividend Yield | 0.30% |
| Yield on Cost 5y | 1.06% |
| Yield CAGR 5y | -8.11% |
| Payout Consistency | 90.3% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 31.8% |
| Value at Risk 5%th | 53.6% |
| Relative Tail Risk | 2.62% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.08 |
| Alpha | 20.65 |
| CAGR/Max DD | 1.53 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.335 |
| Beta | 1.692 |
| Beta Downside | 1.739 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.74% |
| Mean DD | 6.97% |
| Median DD | 4.90% |
Description: SMH VanEck Semiconductor December 17, 2025
The VanEck Semiconductor ETF (SMH) is a U.S.-based technology ETF that tracks a benchmark comprised primarily of U.S.-listed semiconductor stocks, including both common shares and depositary receipts. By mandate, at least 80 % of its assets are allocated to the securities in this index, which can include medium-cap and foreign companies listed on U.S. exchanges, making the fund technically “non-diversified.”
Key data points (as of the most recent public filings, assumed to be Q3 2024) include an expense ratio of 0.35 %, a total net asset value of roughly $12 billion, and top holdings dominated by industry leaders such as Taiwan Semiconductor Manufacturing Co. (TSM), NVIDIA (NVDA), and Broadcom (AVGO). The semiconductor sector’s growth is currently driven by AI-related demand, data-center expansion, and a gradual easing of the 2021-2022 supply-chain shortages; however, cyclical inventory adjustments and geopolitical tensions remain material risk factors that could affect SMH’s performance.
For a deeper quantitative dive, you might explore ValueRay’s analytics to compare SMH’s risk-adjusted returns against peer ETFs and assess the underlying exposure to emerging AI-chip manufacturers.
What is the price of SMH shares?
Over the past week, the price has changed by +3.02%, over one month by +5.55%, over three months by +14.04% and over the past year by +46.26%.
Is SMH a buy, sell or hold?
What are the forecasts/targets for the SMH price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 529.2 | 44.6% |
SMH Fundamental Data Overview December 27, 2025
Beta = 1.7
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 34.70b USD (34.70b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 34.70b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 34.70b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 12.25% (E(34.70b)/V(34.70b) * Re(12.25%) + (debt-free company))
Discount Rate = 12.25% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for SMH ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle