Key stats
About VanEck Fabless Semiconductor ETF
Home page
Inception date
Aug 27, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ISIN
US92189H6642
SMHX is a passively managed fund that targets US-listed semiconductor stocks focused on high-value design and chip development. These companies avoid the high cost of in-house manufacturing by leveraging the expertise of third-party foundries. Although the index comprises only US-listed securities, it includes non-US companies, including those in emerging markets, through depositary receipts. Additionally, stocks denominated in foreign currencies are part of the holdings. The fund holds the top 22 stocks selected and weighted by market capitalization, with individual security weightings capped at 20%. The index is rebalanced semi-annually in March and September.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Stocks99.98%
Electronic Technology91.41%
Technology Services8.57%
Bonds, Cash & Other0.02%
Cash0.02%
Stock breakdown by region
North America94.43%
Europe3.54%
Asia2.04%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SMHX invests in stocks. The fund's major sectors are Electronic Technology, with 91.41% stocks, and Technology Services, with 8.57% of the basket. The assets are mostly located in the North America region.
SMHX top holdings are NVIDIA Corporation and Broadcom Inc., occupying 18.59% and 15.42% of the portfolio correspondingly.
SMHX assets under management is 183.54 M USD. It's risen 78.28% over the last month.
SMHX fund flows account for 152.62 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SMHX pays dividends to its holders with the dividend yield of 0.03%. The last dividend (Dec 24, 2024) amounted to 0.01 USD. The dividends are paid annually.
SMHX shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Aug 27, 2024, and its management style is Passive.
SMHX expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
SMHX follows the MarketVector US Listed Fabless Semiconductor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SMHX invests in stocks.
SMHX price has risen by 11.22% over the last month, and its yearly performance shows a 53.11% increase. See more dynamics on SMHX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.68% over the last month, showed a 30.84% increase in three-month performance and has increased by 30.87% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 10.68% over the last month, showed a 30.84% increase in three-month performance and has increased by 30.87% in a year.
SMHX trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.