SMHX
VanEck Fabless Semiconductor ETF
SMHX
VanEck Fabless Semiconductor ETF
-
NAV$39.50
as of December 04, 2025 -
YTD RETURNS35.28%
as of December 04, 2025 -
Total Net Assets$175.79M
as of December 04, 2025 -
Total Expense Ratio0.35%
-
Inception Date08/27/2024
About SMHX
VanEck® Fabless Semiconductor ETF (the “Fund”) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector™ US Listed Fabless Semiconductor Index (the “Fabless Index” or the “Index”), which is intended to track the overall performance of companies involved in semiconductor production and classified as a fabless.
Overview
Why SMHX
- Exposure to advanced chip designers and their intellectual property
- A focus on innovation over vertical integration and manufacturing
- Capital efficiencies create significant opportunity to adapt to new technologies
Performance
Performance History:
Average Annual Total Returns* (%)| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/27/24 |
|
|---|---|---|---|---|---|---|---|---|
| SMHX (NAV) | -7.14 | 9.10 | 31.39 | 39.48 | -- | -- | -- | 39.36 |
| SMHX (Share Price) | -7.29 | 8.94 | 30.96 | 39.29 | -- | -- | -- | 39.22 |
| MVSMHXTR (Index) | -7.12 | 9.18 | 31.74 | 39.87 | -- | -- | -- | 39.71 |
| Performance Differential (NAV - Index) | -0.02 | -0.08 | -0.35 | -0.39 | -- | -- | -- | -0.35 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/27/24 |
|
|---|---|---|---|---|---|---|---|---|
| SMHX (NAV) | 8.92 | 22.27 | 31.17 | 49.29 | -- | -- | -- | 46.39 |
| SMHX (Share Price) | 8.83 | 22.18 | 30.83 | 49.06 | -- | -- | -- | 46.31 |
| MVSMHXTR (Index) | 8.95 | 22.37 | 31.45 | 49.67 | -- | -- | -- | 46.74 |
| Performance Differential (NAV - Index) | -0.03 | -0.10 | -0.28 | -0.38 | -- | -- | -- | -0.35 |
$0.20
/
+0.51%
Fees
Holdings
Daily Holdings (%) as of 04 Dec 2025
Download XLS|
Ticker
|
Holding Name |
% of Net Assets |
Identifier (FIGI)
|
Shares
|
Asset Class |
Market Value (US$) |
Notional Value |
|---|---|---|---|---|---|---|---|
|
NVDA US |
Nvidia Corp | 19.14 |
BBG000BBJQV0 |
183,467 |
Stock | 33,644,178 | -- |
|
AVGO US |
Broadcom Inc | 14.31 |
BBG00KHY5S69 |
66,023 |
Stock | 25,156,744 | -- |
|
AMD US |
Advanced Micro Devices Inc | 6.26 |
BBG000BBQCY0 |
50,965 |
Stock | 11,007,421 | -- |
|
MRVL US |
Marvell Technology Inc | 6.09 |
BBG00ZXBJ153 |
109,094 |
Stock | 10,711,940 | -- |
|
RMBS US |
Rambus Inc | 5.12 |
BBG000BR32C6 |
91,174 |
Stock | 9,008,903 | -- |
|
QCOM US |
Qualcomm Inc | 5.08 |
BBG000CGC1X8 |
51,173 |
Stock | 8,922,013 | -- |
|
SNPS US |
Synopsys Inc | 4.98 |
BBG000BSFRF3 |
18,878 |
Stock | 8,754,484 | -- |
|
MPWR US |
Monolithic Power Systems Inc | 4.64 |
BBG000C30L48 |
8,560 |
Stock | 8,155,454 | -- |
|
CDNS US |
Cadence Design Systems Inc | 4.61 |
BBG000C13CD9 |
24,027 |
Stock | 8,104,307 | -- |
|
ARM US |
Arm Holdings Plc | 3.80 |
BBG01J1GXZF0 |
47,493 |
Stock | 6,672,292 | -- |
|
CRUS US |
Cirrus Logic Inc | 3.51 |
BBG000C1DHF5 |
50,642 |
Stock | 6,172,247 | -- |
|
SITM US |
Sitime Corp | 3.34 |
BBG00QNSY1H7 |
16,774 |
Stock | 5,879,119 | -- |
|
SMTC US |
Semtech Corp | 3.18 |
BBG000DBKR53 |
71,335 |
Stock | 5,584,104 | -- |
|
LSCC US |
Lattice Semiconductor Corp | 2.84 |
BBG000C2D1C1 |
65,796 |
Stock | 4,989,311 | -- |
|
ALAB US |
Astera Labs Inc | 2.76 |
BBG00TDKHW99 |
31,777 |
Stock | 4,846,310 | -- |
|
SIMO US |
Silicon Motion Technology Corp | 2.07 |
BBG000GT7XY1 |
39,974 |
Stock | 3,638,433 | -- |
|
SLAB US |
Silicon Laboratories Inc | 1.77 |
BBG000BB99S3 |
22,413 |
Stock | 3,109,580 | -- |
|
AMBA US |
Ambarella Inc | 1.75 |
BBG001QZCPJ2 |
43,195 |
Stock | 3,069,437 | -- |
|
PI US |
Impinj Inc | 1.51 |
BBG000GRK2Z7 |
16,925 |
Stock | 2,653,671 | -- |
|
ALGM US |
Allegro Microsystems Inc | 1.27 |
BBG00H5S8391 |
77,230 |
Stock | 2,225,769 | -- |
|
POWI US |
Power Integrations Inc | 0.97 |
BBG000BTT3D1 |
46,823 |
Stock | 1,712,785 | -- |
|
SYNA US |
Synaptics Inc | 0.97 |
BBG000BQV1S2 |
22,487 |
Stock | 1,707,663 | -- |
|
-USD CASH- |
0.01 |
-- |
12,165 |
Cash Bal | 12,165 | -- | |
|
-- |
Other/Cash | 0.03 |
-- |
0 |
Cash | 51,535 | -- |
Portfolio
Sector Weightings (%) as at 30 Nov 2025
-
Sector
% of Net Assets -
Information Technology
99.99 -
Other/Cash
0.01
Country Weightings (%) as at 30 Nov 2025
-
Country
% of Net Assets -
United States
88.42 -
Bermuda
5.71 -
United Kingdom
3.77 -
Taiwan Region
2.08 -
Other/Cash
0.01
Distributions
Yields as of 04 Dec 2025
Annual
-0.02%
0.03%
0.03%
Distribution History
| Year | Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|---|
| 2024 | 12/23/2024 | 12/23/2024 | 12/24/2024 | $ 0.0111 | -- | -- | -- | $ 0.01 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.