SMH · VanEck Semiconductor ETF
Price
Snapshot
50 fields · last close| Market Cap | — |
| P/E | — |
| Float | — |
| Beta | 1.80 |
| Volatility | 45.1% |
| Exchange | — |
| Sector | — |
| Cap tier | — |
| Macro sensitivity | Very High |
| Clavix score | 62.9 |
| Price | 551.89 |
| Change | +2.24% |
| Prev Close | 539.79 |
| Open | 551.28 |
| Day Low | 539.07 |
| Day High | 554.68 |
| Avg Vol | 9 |
| Avg $ Vol | $4.98B |
| 52W High | 671.83 |
| 52W Low | 315.05 |
| 52W Pos | 66.4% |
| From High | −17.85% |
| From Low | +75.18% |
| Max DD 1Y | −24.62% |
| Spread | 0.10% |
| Liquidity | Deep |
| SMA 20 | −8.18% |
| SMA 50 | −4.69% |
| SMA 200 | +7.93% |
| RSI (14) | 31.4 |
| Vol 30D | 33.2% |
| Vol 90D | 44.9% |
| 1Y Range | 315–672 |
| Daily bars | 536 |
| Perf Week | −10.53% |
| Perf Month | −3.71% |
| Perf Quarter | −3.41% |
| Perf Half Y | +16.29% |
| Perf Year | +57.93% |
| Perf YTD | +47.84% |
| Prev Day | +2.24% |
| Clavix | C+ |
| Debt / Eq | — |
| Curr Ratio | — |
| Int Cover | — |
| FCF Margin | — |
| Rev Growth | — |
| Profit | Mixed |
| Leverage | Moderate |
| Sector rank | — |
What SMH does
SMH is an equity ETF with a total of 26 individual holdings. The top holdings are NVIDIA stock at 19.01%, Taiwan Semiconductor Manufacturing Company at 9.40%, Broadcom at 5.61%, Advanced Micro Devices at 5.58%, and Micron Technology at 5.34%.
Clavix risk grade
regraded every trading daySMH grades C+, 62.9 of 100. Steadiest on News Sentiment (90), most exposed on Macro Resilience (33, weak). 1 of the 4 weighted dimensions sit above the all-names median.
How rough the ride is
| SMH | |
|---|---|
| Betavs the overall market · lower is steadier | 1.80 |
| Volatilityannualized | 45.1% |
| Max drawdown, past yearworst peak-to-trough fall | −24.6% |
| Typical daily movemedian absolute daily change | 1.52% |
| Days beyond ±3%of the last 252 sessions | 57 (23%) |
How its days are spread
Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.
52-week range
The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.
Drawdown from the 1-year peak
Percent below the running high over the last 12 months. Zero is a fresh high.
Market sensitivity
| SMH | |
|---|---|
| Beta to the markethow much it swings with the S&P 500 · lower is safer | 1.80 |
| Macro sensitivityrate, dollar and credit exposure bucket | Very High |
Where it sits on the macro scale
Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings.
Where it ranks in its sector
Rank by Clavix score within the sector. Right is the top of the sector.
Price performance
| SMH | |
|---|---|
| 1 week | −10.5% |
| 1 month | −3.7% |
| Year to date | +47.8% |
| 1 year | +57.9% |
Context for the rank, not itself a risk measure.
Recent coverage, scored
| SMH | |
|---|---|
| Articles scoredthe most recent scored coverage, up to 30 | 30 since 13 Aug |
| Average score0 most bearish, 100 most bullish | 47 |
| Bullish · bearisharticles above 60 · below 40 | 13 · 16 |
| Directionarticles whose tone is improving vs worsening | 13 ↑ 16 ↓ |
Where the article scores land
Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.
Growth
| SMH | |
|---|---|
| Revenue growthyear over year | — |
Financial Health is shown but does not count toward the grade. Why
0–100, higher is safer. The tick on each bar is the all-names median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.
Recent news
most recent scored articles · the chip is the article’s score · click to openAn analyst reiterated a Buy rating on the VanEck Semiconductor ETF (SMH), citing strong spending on AI data centres and calling the recent dip in chip stocks a good entry point. The fund, which holds Nvidia, AMD, TSMC and Broadcom, is up nearly 70% so far in 2026.
Major investment firms RBC Capital Markets and Deutsche Bank are recommending clients pull capital out of the technology sector over the medium term, citing slowing earnings momentum and worries about the scale of artificial intelligence spending.
Investor Michael Burry says stocks could peak within nine months and is betting against the Nasdaq and chip stocks. The article argues AI infrastructure spending may be overpriced, with chip suppliers collecting revenue today while customers must still turn that spending into profits.
The article reports that Jim Cramer called the chip trade 'broken' and said software is now the leader in AI, but notes that semiconductor stocks are still up 62% in 2026. The article points out that whether Cramer is right depends on the starting point being measured. The provided content is insufficient for fuller analysis.
Nvidia shares fell about 1.6% on Monday after Microsoft said it plans to scale up production of its own artificial intelligence chip, which Microsoft called its largest push yet into custom-designed chips. Microsoft shares rose about 1.25%. No specific catalyst was identified.
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