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SMH Market Vectors Semiconductor ETF

  • Fund Description

    Market Vectors® Semiconductor ETF (SMH®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (MVSMHTR), which is intended to track the overall performance of companies involved in semiconductor production and equipment.

  •  
      

    • Fund Ticker

      SMH
    • Exchange

      NYSE Arca
    • Commencement

      12/20/2011
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVSMHTR
    • Index Rebalancing

      Quarterly
  •  
    as of 02/11/16

    • 30-Day SEC Yield1

      2.05%
    • Total Net Assets

      $133.2M
    • Number of Holdings

      26
    • Options

      Available
    • Gross Expense Ratio2

      0.41%
    • Net Expense Ratio/TER2

      0.35%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Morningstar™ Ratings3
    as of 12/31/15

    Category Overall 3 Year 5 Year
    Technology
        
    4 of 197 Funds
        
    4 of 197 Funds
    --
  • Key Points

    Highly Liquid Companies 
    Index seeks to track the most liquid companies in the industry based on market capitalization and trading volume
    Industry Leaders 
    Index methodology favors the largest companies in the industry
    Global Scope 
    Portfolio may include both domestic and U.S. listed foreign companies allowing for enhanced industry representation
     
  • Trading Information

    • Fund Ticker

      SMH
    • Index Total Return Ticker

      MVSMHTR
    • NAV

      SMHNV
    • Intraday NAV (IIV)4

      SMHIV
    • Shares Outstanding

      2,920,937
    • Estimated Cash

      SMHEU
    • Total Cash

      SMHTC
    • CUSIP

      57060U233
    • ISIN

      US57060U2336
    Source: Bloomberg
  • Fees and Expenses2

    • Management Fee

      0.35%
    • Other Expenses

      0.06%
    • Gross Expense Ratio

      0.41%
    • Fee Waivers and
      Expense Reimbursement

      -0.06%
    • Net Expense Ratio/TER2

      0.35%
    2 Expenses for SMH are capped contractually at 0.35% until at least February 1, 2017. Cap excludes certain expenses, such as interest.
  • Prices as of 02/11/16

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    SMH $45.60
    $45.63
    4,027,356
    4,019,492
    $-0.35 / -0.77%
    $-0.33 / -0.72%
    -14.5%
    -14.4%
    $0.03
    0.06%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    12/20/11
    SMH (NAV) -6.73 -6.29 -6.73 -3.57 15.06 -- -- 15.06
    SMH (Share Price) -6.68 -6.35 -6.68 -3.72 14.99 -- -- 14.95
    MVSMHTR (Index) -6.71 -6.25 -6.71 -3.54 14.95 -- -- 14.93
    Performance Differential (NAV - Index) -0.02 -0.04 -0.02 -0.03 0.11 -- -- 0.13
    Quarter End as of 12/31/15
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    12/20/11
    SMH (NAV) -2.18 9.04 -0.14 -0.14 20.17 -- -- 17.41
    SMH (Share Price) -2.50 9.07 -0.39 -0.39 20.01 -- -- 17.28
    MVSMHTR (Index) -2.09 9.09 -0.08 -0.08 20.06 -- -- 17.27
    Performance Differential (NAV - Index) -0.09 -0.05 -0.06 -0.06 0.11 -- -- 0.14
  • Daily Holdings »Top 10 Holdings (%)  as of 01/31/16

    Total Holdings: 26
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Intel Corp
    INTC US
    1,128,214
    34,997,19817.93
    Taiwan Semiconductor Manufacturing Co L
    TSM US
    1,239,868
    27,711,05014.20
    Qualcomm Inc
    QCOM US
    351,196
    15,923,2278.16
    Broadcom Corp
    BRCM US
    183,797
    10,048,1825.15
    Texas Instruments Inc
    TXN US
    186,129
    9,851,8085.05
    Asml Holding Nv
    ASML US
    105,799
    9,716,5804.98
    Applied Materials Inc
    AMAT US
    499,662
    8,819,0344.52
    Avago Technologies Ltd
    1373183D US
    65,277
    8,728,1884.47
    Arm Holdings Plc
    ARMH US
    192,629
    8,298,4574.25
    Nxp Semiconductor Nv
    NXPI US
    110,251
    8,244,5704.22
    Top 10 Total (%)72.93
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 01/31/16

    • Country

      % of Net Assets
    • UNITED STATES

      61.93
    • TAIWAN

      14.20
    • SINGAPORE

      9.62
    • NETHERLANDS

      9.20
    • UNITED KINGDOM

      4.25
    • BERMUDA

      0.64
    • Other/Cash

      0.16
  • Sector Weightings (%) as of 01/31/16

    • Sector

      Weightings (%)
    • Information Technology

      99.8
    • Other/Cash

      0.2