VanEck Fabless Semiconductor ETFVanEck Fabless Semiconductor ETFVanEck Fabless Semiconductor ETF

VanEck Fabless Semiconductor ETF

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Key stats


Assets under management (AUM)
‪44.29 M‬USD
Fund flows (1Y)
‪41.08 M‬USD
Dividend yield (indicated)
0.04%
Discount/Premium to NAV
0.06%
Shares outstanding
‪1.50 M‬
Expense ratio
0.35%

About VanEck Fabless Semiconductor ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
Inception date
Aug 28, 2024
Structure
Open-Ended Fund
Index tracked
MarketVector US Listed Fabless Semiconductor Index
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
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


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of February 10, 2025
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Stocks99.97%
Electronic Technology90.46%
Technology Services9.50%
Bonds, Cash & Other0.03%
Cash0.03%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows