---
ticker: "SMHX"
name: "VanEck Fabless Semiconductor ETF"
url: "https://etf.net/etf/SMHX"
grade: "B"
score: 69
graded_at: "2026-10-12"
category: "Semiconductors"
category_rank: "6 of 25"
methodology: "https://etf.net/methodology"
---

# SMHX: VanEck Fabless Semiconductor ETF

Grade **B**, Score 69 of 100. Rank 6 of 25 in Semiconductors.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 75 | 6 of 25 |
| Mission | 77 | 2 of 4 |
| Risk | 68 | 4 of 17 |
| Tradability | 71 | 7 of 25 |
| Holdings | 50 | 13 of 21 |
| Durability | 70 | 8 of 25 |

## Top holdings

The fund holds 23 positions. These are the largest 23, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | Nvidia Corp | 18.81% |
| 2 | AVGO | Broadcom Inc | 11.88% |
| 3 | AMD | Advanced Micro Devices Inc | 7.42% |
| 4 | MRVL | Marvell Technology Inc | 5.36% |
| 5 | SNPS | Synopsys Inc | 5.35% |
| 6 | CRDO | Credo Technology Group Holding Ltd | 5.32% |
| 7 | CDNS | Cadence Design Systems Inc | 5.12% |
| 8 | MPWR | Monolithic Power Systems Inc | 4.76% |
| 9 | ALAB | Astera Labs Inc | 4.69% |
| 10 | QCOM | Qualcomm Inc | 4.55% |
| 11 | ARM | Arm Holdings Plc | 4.16% |
| 12 | LSCC | Lattice Semiconductor Corp | 3.78% |
| 13 | SITM | Sitime Corp | 3.65% |
| 14 | SMTC | Semtech Corp | 3.52% |
| 15 | SIMO | Silicon Motion Technology Corp | 2.70% |
| 16 | RMBS | Rambus Inc | 2.26% |
| 17 | SLAB | Silicon Laboratories Inc | 1.81% |
| 18 | CRUS | Cirrus Logic Inc | 1.38% |
| 19 | PI | Impinj Inc | 1.16% |
| 20 | SYNA | Synaptics Inc | 0.78% |
| 21 | AMBA | Ambarella Inc | 0.78% |
| 22 | ALGM | Allegro Microsystems Inc | 0.69% |
| 23 | — | -Usd Cash- | 0.05% |

Source: etf.net, https://etf.net/etf/SMHX. Please cite the page URL.