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SMH
VanEck Semiconductor UCITS ETF

Fund Description

Electrify your portfolio with the VanEck Semiconductor UCITS ETF. Semiconductors are at the heart of today’s tech revolution, yet just a small number of companies make them. Invest in the companies involved in semiconductor production and equipment.

  • Benefit from the digital revolution
  • Europe’s first semiconductor ETF
  • Pure play semiconductor stocks, i.e. companies that derive at least 50% of revenues from semiconductors or related activities
  • Highly liquid semiconductor stocks, based on market capitalization and trading volume
  • Excludes companies that severely violate UN Global Compact Principles or derive any revenue from Controversial Weapons according to ISS data.
  • Excludes companies that derive more than 5% of their revenue from sectors including, but not limited to Thermal Coal, Fossil Fuels, Oil Sands, Nuclear Power, Civilian Firearms, Military Equipment and Tobacco.


Risk Factors: Liquidity Risks, Equity Market Risk, Foreign Currency Risk, Risk of Investing in the IT Industry, Industry or Sector Concentration Risk



Underlying Index

MVIS US Listed Semiconductor 10% Capped ESG Index

How to Buy

Fund Details
 

  • Fund Ticker

    SMH

  • Management Company

    VanEck Asset Management B.V.

  • Custodian

    State Street Custodial Services (Ireland) Limited

  • Domicile

    Ireland

  • UCITS Compliant

    Yes

  • Index Ticker

    MVSMCTR

  • Index Provider

    MarketVector Indexes

  • Rebalance Frequency

    Semi-Annually
1The "Net Asset Value" (NAV) of all ETFs is determined at the close of each business day, and represents the value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell ETF shares at NAV.

2The date the fund was launched prior to quotation on the stock exchange.

 
as of 26 Jan 2023

  • NAV1

    22.79

  • Shares Outstanding

    35,400,000

  • Number of Holdings

    25

  • Base Currency

    USD

  • Net Assets

    $806.9M

  • Product Structure

    Physical (Full Replication)

  • Income Treatment

    Reinvestment

  • Distribution Frequency

    None

  • Total Expense Ratio

    0.35%

  • Minimum Equity Ratio (Mindestaktienquote)

    51%

  • SFDR Classification

    Article 8
  • Fact Sheet
  • VanEck Product List
  • Fund Holiday Calendar

Trading Information as of 26 Jan 2023

Deutsche
Börse
EUR
Exchange Ticker VVSM
ISIN IE00BMC38736
SEDOL --
Bloomberg VVSM GY
Reuters (RIC) VVSM.DE
Valor 57720860
Bloomberg iNAV VVSMEUIV
Reuters iNAV SMHEURINAV=IHSM
WKN A2QC5J
Trading Currency EUR
Last Traded Price 20.68
Day's Move 0.35
Volume 188,539
30 Day Volume 119,292
VWAP Volume 188,539

NAVs as of 26 Jan 2023

Base
Currency 		NAV Daily
Change
NAV 		YTD
Change
NAV 		NAV Price
History 		Total
Expense
Ratio
SMH USD $22.79 $0.35 / +1.56% +18.22%
0.35

Performance History* (%)

View All ETFs View All Indices
  1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF -9.73 12.19 -34.77 -34.77 -- -- -- -1.53
MVSMCTR (Index) -9.73 12.25 -34.67 -34.67 18.40 18.42 21.78 -1.21
Performance differential (ETF – Index) 0.00 -0.06 -0.10 -0.10 -- -- -- -0.32
  1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF -9.73 12.19 -34.77 -34.77 -- -- -- -1.53
MVSMCTR (Index) -9.73 12.25 -34.67 -34.67 18.40 18.42 21.78 -1.21
Performance differential (ETF – Index) 0.00 -0.06 -0.10 -0.10 -- -- -- -0.32
  2018 2019 2020 2021 2022
ETF -- -- -- 43.56 -34.77
MVSMCTR (Index) -11.65 58.79 76.57 43.88 -34.67

Past performance does not predict future returns.

ETF returns not available if there is less than one year’s performance data.

*Periods greater than one year are annualised.

Investing is subject to risk, including the possible loss of principal. You must read the Prospectus and KID before investing, which are available at the Document section of the fund on www.vaneck.com.

ETF performance: Current performance may be lower or higher than average annual returns shown. Discrete performance shows 12-month performance for each of the last 10 years where available. E.g. '1st year' shows the most recent of these 12-month periods and '2nd year' shows the previous 12 month period and so on.

Performance data for the Irish domiciled ETFs is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply.

Returns may increase or decrease as a result of currency fluctuations.

Index performance: Performance quoted represents past performance of the underlying Index. An index performance is not illustrative of the Product's performance. It is not possible to invest directly in an index: indices are not securities in which investments can be made.
For more information on the Index performance, please consult the Index Provider´s website.

MVIS® US Listed Semiconductor 10% Capped ESG Index is the exclusive property of MarketVector Indexes GmbH (a wholly owned subsidiary of Van Eck Associates Corporation), which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MarketVector Indexes GmbH (“MarketVector”), Solactive AG has no obligation to point out errors in the Index to third parties. The VanEck Semiconductor UCITS ETF is not sponsored, endorsed, sold or promoted by MarketVector and MarketVector makes no representation regarding the advisability of investing in the Fund.

Market Makers

Top 10 Holdings (%) as of 31 Dec 2022 View All Holdings »

Total Holdings: 25
Swipe<br>to view <br> full data
Holding Name
Ticker
 Shares Market Value
(USD) 		% of Net
Assets
TAIWAN SEMICONDUCTOR MANUFACTURING CO L TSM US 894,346 66,619,834 9.90
BROADCOM INC AVGO US 117,274 65,571,412 9.74
ASML HOLDING NV ASML US 117,848 64,392,147 9.57
NVIDIA CORP NVDA US 439,628 64,247,236 9.55
TEXAS INSTRUMENTS INC TXN US 342,052 56,513,831 8.40
QUALCOMM INC QCOM US 427,643 47,015,071 6.99
INTEL CORP INTC US 1,574,381 41,610,890 6.18
ADVANCED MICRO DEVICES INC AMD US 629,908 40,799,141 6.06
ANALOG DEVICES INC ADI US 194,288 31,869,061 4.74
APPLIED MATERIALS INC AMAT US 304,469 29,649,191 4.41
Top 10 Total (%) 75.54
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 31 Dec 2022

  • Country

    % of Net Assets
  • ■

    United States

    76.93
  • ■

    Netherlands

    11.70
  • ■

    Taiwan Region

    9.90
  • ■

    Switzerland

    1.35
  • ■

    Other/Cash

    0.12

Currency Exposure (%)
as of 31 Dec 2022

  • U.S. Dollar

    99.88

  • Other/Cash

    0.12

Sector Weightings (%) as of 31 Dec 2022

  • Sector

    % of Net Assets
  • ■

    Information Technology

    99.9
  • ■

    Other/Cash

    0.1

Technology

Sustainable

Crypto

Metal

Real Estate

Dividend

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An investment in the promoted investment funds may only be made based on the investment fund’s official sales prospectus, the relevant supplement and KID and will be subject to the terms and conditions contained therein.

You can lose money by investing in the Funds. The value of the investments may go up or down and the investor may not get back the amount invested. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. Any investment in a fund should be part of an overall investment program, not a complete program. An investor should consider investment objectives, risks, charges, and expenses of the investment carefully before investing.

Investment fund investing involves risk, including possible loss of principal. Investors should consult the prospectus and key information document ("KID") before subscribing to any fund. The prospectus, the key information documents and the financial reports can be obtained free of charge from this website and upon request from the funds’ registered office and the offices of all local information agents. The documents, except for KIDs, are only available in English and certain other languages as applicable.

Performance data for the Irish domiciled funds is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Performance data for the Dutch domiciled ETFs include income distributions gross of Dutch withholding tax, net of fees and assume that the Dutch dividend withholding tax levied from the dividend payment of the ETF will be deducted or reclaimed with the Dutch tax authority and is reinvested. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. Brokerage or transaction fees will apply. The Dutch domiciled ETFs use a gross reinvestment index. Please note that the performance includes income distributions gross of Dutch withholding tax because Dutch investors deduct or reclaim the 15% Dutch withholding tax levied. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. For more information please be referred to the respective fund’s performance section on this website.

The sales prospectus and KID contain this and other information. Please read the sales prospectus and KID carefully before investing.

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