SMHX
VanEck Fabless Semiconductor ETF
SMHX
VanEck Fabless Semiconductor ETF
SMHX
VanEck Fabless Semiconductor ETF
SMHX
VanEck Fabless Semiconductor ETF
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NAV$28.70
as of November 07, 2024 -
Performance since inception13.59%
as of November 07, 2024 -
Total Net Assets$14.35M
as of November 07, 2024 -
Total Expense Ratio0.35%
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Inception Date08/27/2024
Fund Description
VanEck® Fabless Semiconductor ETF (the “Fund”) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector™ US Listed Fabless Semiconductor Index (the “Fabless Index” or the “Index”), which is intended to track the overall performance of companies involved in semiconductor production and classified as a fabless.
Overview
Fund Highlights
- Exposure to advanced chip designers and their intellectual property
- A focus on innovation over vertical integration and manufacturing
- Capital efficiencies create significant opportunity to adapt to new technologies
Recommended Insights
Fabless Chip Designers: Shaping the Future of Semiconductors
Fabless Chip Designers: Shaping the Future of Semiconductors