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SMH vs SMHC

VanEck Semiconductor ETF

SMHANasdaq

VanEck China Semiconductor ETF

SMHCCNasdaq

Overlap

Expense ratio

SMH −0.30pt a year

SMH0.35%SMHC0.65%

Avg volume · 30D

SMH 72.9×the volume

SMH9.16MSMHC126K

SMH vs SMHC Performance

Jul 31, 2026 – Oct 30, 2026

−3.3%SMH−29.2%SMHC

Jul 31, 2026 to Oct 30, 2026. SMH −3.3%. SMHC −29.2%. Use the arrow keys to read each point.−20%−10%10%20%Jul 2026Sep 2026Oct 2026
Expense ratio
SMH 0.35%, better
SMHC 0.65%
Fund size
SMH $66.4B
SMHC $11M
1Y total return
SMH +44.4%
SMHC No data
Yield (12M)
SMH 0.21%
SMHC No data
Holdings
SMH 27
SMHC 27
Avg volume (30D)
SMH 9.16M sh, better
SMHC 126K sh
NAV per share
SMH $522.76
SMHC $31.24
52W range

ETF.net Grade

SMH: Cost 75, Risk 79, Mission 79, Tradability 97, Holdings 60, Durability 92. SMHC: Cost 38, Risk 18, Mission not scored, Tradability 56, Holdings 59, Durability 49.
Pillar letters and Scores for SMH, SMHC, with each pillar’s weight
PillarSMHSMHC
Cost30% weightA75HigherD38
Mission25% weightA79Not scored
Risk15% weightA79HigherF18
Tradability15% weightA97HigherB56
Holdings10% weightB60HigherB59
Durability5% weightA92HigherC49

Rank among Semiconductors funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SMH and SMHC are both graded against the same 25 Semiconductors funds, so their Grades compare head to head.

Semiconductors⁠

Category · 25 funds
See all 25 ›

SMH ranks 2nd and SMHC 13th of 25 funds in the Semiconductors Category.

  1. Rank 1ASOXQInvesco PHLX Semiconductor ETFScore 82
  2. Rank 2ASMHVanEck Semiconductor ETFScore 79
  3. Rank 3ASOXXiShares Semiconductor ETFScore 78
  4. Rank 13CARMHArm Holdings PLC ADRhedgedScore 40
  5. Rank 13CSMHCVanEck China Semiconductor ETFScore 40
  6. Rank 15DKMEMKurv Memory Select ETFScore 35

Our read on each fund

ETF.net Research

SMHAVanEck Semiconductor ETF

SMHCCVanEck China Semiconductor ETF

In short

SMH Chip exposure, undiluted. SMH tracks roughly 25 of the largest, most liquid US-listed semiconductor names (foreign chipmakers included) and trades like a household ticker in its category.

SMHC No data

Stated mandate

SMH The Fund aims to track, before fees and expenses, the price and yield performance of the MVIS US Listed Semiconductor 25 Index.

SMHC No data

Why people hold it

  • SMH The index rule is simple: the 25 largest, most liquid US-listed chip stocks, each earning over half its revenue from semiconductors or semi equipment. No tech-adjacent filler.marketvector.com
  • Depositary receipts count, so US-listed foreign chipmakers are in scope. That reaches parts of the supply chain a domestic-only screen leaves out.sec.gov
  • Single-name weights are capped at 20%, so the giants of the industry carry real weight rather than being trimmed toward sector-average size.marketvector.com
  • One of the most actively traded funds in its peer group, a multi-billion-dollar book, and VanEck has run it since 2011.

SMHC No data

Worth knowing

  • SMH Fees sit mid-pack: 0.35% matches the semiconductor cohort median but runs above SOXQ at 0.19% and CHPS at 0.15%.
  • Roughly 25 names with a 20% cap is concentration by design: the largest holdings drive most of the fund's day-to-day movement.marketvector.com
  • Built as a single-industry chip sleeve, not an income holding. Distributions come once or twice a year.

SMHC No data

Full SMH profile⁠

Full SMHC profile⁠

SMH vs SMHC Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SMH vs SMHC Cost

Overpaying SMHC vs SMH

$5,591

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SMH 0.35%

    $7,126

  • SMHC 0.65%

    $12,717

$10,000
30 years

Cost over time

  • SMH 0.35%
  • SMHC 0.65%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SMHC $12,717SMH $7,126

Year by year

YearSMHSMHCOverpaying
10$634$1,163$529
20$2,454$4,440$1,986
30$7,126$12,717$5,591

Expense ratio

  • 0.35%SMH, cheaper
  • 0.65%SMHC
  • Middle half of Semiconductors funds
  • Median 0.60%

SMH 6th cheapest of 25 funds

SMHC 14th cheapest of 25 funds

SMH vs SMHC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SMH 0.21%
SMHC No data
Payout (12M)
SMH $1.10
SMHC None
Last payment
SMH $1.10
SMHC No data
Ex-dividend
SMH Dec 22, 2025
SMHC No data
Paid on
SMH Dec 26, 2025
SMHC No data
Frequency
SMH Annual
SMHC No data

Distribution history

Per share, 2017 to 2026, same scale for both

SMHAnnual · 8 paymentsAll SMH payments⁠
One bar per payment. 8 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.70; Dec 20, 2018 $0.82; Dec 21, 2020 $0.75; Dec 20, 2021 $0.79; Dec 19, 2022 $1.20; Dec 18, 2023 $1.04; Dec 23, 2024 $1.07; Dec 22, 2025 $1.10. Use the arrow keys to read each point.$0$12017202020232026YTD
SMHCAll SMHC payments⁠

No distribution history available.

SMH vs SMHC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SMH 33.9%SMHC No data
Return per unit of riskSharpe ratio, 3 years
SMH 1.37SMHC No data
Worst fallMax drawdown, 5 years
SMH −45.3%SMHC No data
Market sensitivityBeta, 5 years
SMH 1.98SMHC 4.69

Popular comparisons

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