ETF Analysis
VanEck Semiconductor ETF (SMH) ETF Analysis
VanEck Semiconductor ETF (SMH) ETF analysis covering performance, holdings context, risk, drawdowns, volatility, momentum, dividends, valuation exposure, and the current AlgovestIQ assessment.
VanEck Semiconductor ETF (SMH) currently has an AIQ Score of 39/100, indicating a bearish setup. Quality is the strongest factor at 71/100. Momentum is the weakest current factor at 15/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
SMH at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $556.70 |
| AIQ Score | 39/100 |
| Overall View | Bearish |
| Technical Analysis Consensus | Sell |
| Fund Size | $66.38B |
| Expense Ratio | 0.35% |
| Holdings Count | 27 |
| NAV | $548.31 |
| Asset Class | Equity |
| Primary Exposure | Technology (100.00%) |
| Issuer | VanEck |
| Domicile | US |
| Inception Date | Dec 20, 2011 |
| Distribution Yield | 0.20% |
| Beta | 1.98 |
| Average Volume | 9.34M |
| 52-week range | $315.05-$671.83 |
| RSI 14 | 26.81 |
| 50-Day SMA | $577.56 |
| 200-Day SMA | $514.05 |
| Risk Score | 29/100 |
| Momentum Score | 15/100 |
| Value Exposure Score | 31/100 |
SMH Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | 57.35% | 57.40% | -24.62% | Oct 20, 2025 |
| 3Y | 284.49% | 56.65% | -36.02% | Oct 20, 2023 |
| 5Y | 309.01% | 32.59% | -45.30% | Oct 22, 2021 |
| 10Y | 309.01% | 32.59% | -45.30% | Oct 22, 2021 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
SMHVanEck Semiconductor ETF
Financial Services / Asset Management
Low Priority
Relative Laggard
Latest quote
- Momentum15
- Value31
- Quality71
- Risk resilience29
- Sentiment27
SMH ETF Analysis Summary
VanEck Semiconductor ETF (SMH) currently has an AIQ Score of 39/100, indicating a bearish setup. Quality is the strongest factor at 71/100. Momentum is the weakest current factor at 15/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a bearish regime, SMH has AIQ Score of 39/100 with Quality base of 71/100 and fading Momentum at 15/100. Wait for component alignment before adding exposure.
Quality (71/100) leads while Momentum (15/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · 1.89% ETF move · SMH classified in Asset Management.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is SMH Bullish or Bearish Right Now?
SMH currently has a bearish overall setup. Quality is the strongest factor at 71/100, while Momentum is weakest at 15/100. The current evidence suggests a defensive setup.
- - Quality is supportive at 71/100.
- - Value is the current constraint at 31/100.
- - Momentum is weak at 15/100.
- - Risk Resilience is weak at 29/100.
- - Technical consensus has more sell votes than buy votes (31 vs 12).
Current Consensus
SMH's Technical Analysis Consensus is currently Sell, with 12 buy, 2 neutral, and 31 sell votes. SMH's 14-day RSI is 26.81, which places the ETF in an oversold momentum range. SMH's beta is 1.98, indicating greater market sensitivity than the broad market.
What Changed in SMH?
The largest recent change in SMH is Momentum moving down by 4.0 points over the available 7-day comparison window. Quality remains the strongest visible factor.
What Would Change the SMH Outlook?
The current bearish outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
SMH Decision Framework
Public evidence layers, setup checks, and risk context for VanEck Semiconductor ETF.
VanEck Semiconductor ETF (SMH) ETF Analysis
VanEck Semiconductor ETF has an AIQ Score of 39/100 in a Defensive regime. Quality is strongest at 71/100. Beta is 1.98, above market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | SMH is in a Defensive AIQ regime with score 39/100. |
| Signal Conflict | The primary conflict is that quality leads at 71/100 while momentum lags at 15/100. |
| Factor Evidence | Momentum 15/100 · Value 31/100 · Quality 71/100 · Risk 29/100 · Sentiment 27/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Quality is the strongest factor at 71/100.
Momentum is 15/100 and RSI (14) is 26.8.
SMH is in a Defensive regime at 39/100.
Risk factor is 29/100 with beta 1.98 and annual volatility 39.71%.
Current conflict: quality leads at 71/100 while momentum lags at 15/100.
SMH Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
SMH ETF Analytics
SMH holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
SMH Technical Analysis
SMH technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
SMH ETF Market Context
Track SMH market context, news pressure, trend changes, income events, and current allocation evidence.
SMH Distribution Analysis
SMH distribution yield, annualized distributions, payment history, and income context.
SMH ETF Data
SMH available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
SMH Risk Analysis
SMH volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
SMH ETF News
SMH ETF news, market tone, recent headlines, and catalyst context.
SMH vs Semiconductor ETF Peers
Current peer cohort: SMH · SOXX · NVDA · TSM · AVGO. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| SMH Current ETF | 39/100 | 31/100 | 15/100 | 29/100 | 1.29 | 39.71% | Current |
| SOXX iShares Semiconductor ETF | 36/100 | 25/100 | 15/100 | 23/100 | 1.36 | 46.06% | SMH vs SOXX |
| NVDA NVIDIA | 57/100 | 35/100 | 34/100 | 57/100 | 0.6 | 37.83% | SMH vs NVDA |
| TSM Taiwan Semiconductor | 58/100 | 45/100 | 22/100 | 67/100 | 1.05 | 38.92% | SMH vs TSM |
| AVGO Broadcom | 51/100 | 30/100 | 32/100 | 54/100 | 0.07 | 45.91% | SMH vs AVGO |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.
Popular SMH Comparisons
How SMH scores against the names it is most often compared with.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 21, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching SMH
Open the detailed evidence pages and workflows behind the ETF overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for SMH
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
SMH ETF FAQ
What is SMH ETF price today?
SMH is currently shown at $556.70. Use the live quote with the 52-week range and AIQ context before comparing funds.
What is SMH's 52-week high and low?
SMH's 52-week range is $315.05 to $671.83 based on the latest completed market-close snapshot from Oct 21, 2026. A price near either extreme should be evaluated with volatility and trend evidence.
Does SMH pay a dividend?
SMH's current distribution yield is 0.20% based on the latest completed market-close snapshot from Oct 21, 2026. For ETFs, dividend yield should be compared with expense ratio, holdings, and risk.
What should investors compare before buying SMH?
Compare SMH's price trend, expense profile, yield, holdings exposure, volatility, and AIQ signal. ETF decisions should focus on portfolio fit as much as current momentum.