From Nasdaq: 2024-06-18 06:20:06

The VanEck Semiconductor ETF (SMH) was launched on 12/20/2011, providing broad exposure to Technology – Semiconductors. With assets over $23.72 billion, the fund aims to match the MVIS US Listed Semiconductor 25 Index’s performance with an annual operating expense of 0.35%. Top holdings include Nvidia Corp and Taiwan Semiconductor Manufacturing Co.

Passively managed ETFs like SMH are popular for their low cost and transparency, ideal for long-term investors seeking sector exposure. The Technology – Semiconductors sector is currently ranked 12 within the Zacks Industry classification. SMH has gained about 55.82% this year and has a 12-month trailing dividend yield of 0.38%.

Despite being a high-risk choice, SMH has performed well with a 78.33% return in the last year. With high concentration in the top 10 holdings, including Nvidia Corp and Taiwan Semiconductor Mfg Co, the ETF has a beta of 1.34 and standard deviation of 33.12%. Investors seeking Technology ETF exposure can consider SMH.

Other options in the semiconductor ETF space include First Trust NASDAQ Semiconductor ETF (FTXL) and iShares Semiconductor ETF (SOXX). FTXL tracks the Nasdaq US Smart Semiconductor Index and has $1.64 billion in assets, while SOXX tracks the PHLX SOX Semiconductor Sector Index with $16.07 billion in assets. FTXL has an expense ratio of 0.60% compared to SOXX’s 0.35%.

For more information on VanEck Semiconductor ETF (SMH) and other ETFs, visit the Zacks ETF Center. Sign up for Zacks’ free Fund Newsletter for weekly updates on top news, analysis, and ETF performance. The Zacks Investment Research website offers additional insights and recommendations for ETF investing.



Read more at Nasdaq: Should You Invest in the VanEck Semiconductor ETF (SMH)?