SMH Signal Dashboard

VanEck Semiconductor ETF (SMH)

SMH tracks the MVIS US Listed Semiconductor 25 Index, holding the 25 largest U.S.-listed semiconductor companies. Top holdings include NVIDIA, TSMC, Broadcom, ASML, and AMD — the companies at the center of the AI hardware revolution. With over $20B in assets, SMH is the dominant semiconductor sector ETF.

Semiconductors are the backbone of every computing device, AI model, data center, and electric vehicle — making SMH one of the most watched sector ETFs by growth and technology investors worldwide.

SMH Composite Score Explained

SMH is one of the most volatile major ETFs available, capable of 50%+ drawdowns during semiconductor downturns and equally dramatic recoveries. The composite score reaches Extreme Buy territory most reliably during inventory correction cycles — historically the strongest entry points for multi-year semiconductor holding periods.

Semiconductor ETF Comparison

SOXX (iShares) tracks 30 semiconductor companies with equal-weighting adjustments vs SMH's pure market-cap approach. SOXQ (Invesco) is the lowest-cost semiconductor ETF. SMH has the highest AUM and trading liquidity, making it the most widely used semiconductor vehicle.

Technical Signals for Semiconductors

SMH's extreme volatility means composite scores above 76 are both more common and more powerful signals than in diversified ETFs. When NVIDIA and other AI chip stocks sell off sharply pushing SMH below all three moving averages simultaneously, historically it has marked the most compelling semiconductor buying opportunities of the decade.