VanEck Fabless Semiconductor ETF (SMHX) — ()
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5 Top-Ranked ETFs That Have Outperformed S&P 500 Since April Low
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Sentiment: Positive ()
We have highlighted five ETFs from different corners of the stock market that have gained more than the S&P 500 over the past month.
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SMHX: Semiconductor ETF Outperforming Its Peers
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Sentiment: Positive ()
VanEck Fabless Semiconductor ETF is invested in 22 semiconductor companies focused on design and outsourcing production. SMHX's portfolio is highly concentrated, with the top 10 holdings making up 74.2% of …
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About VanEck Fabless Semiconductor ETF SMHX
The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The Fabless Index is composed of U.S.-listed common stocks of companies that derive at least 50% of their revenues from the semiconductor industry and operate as fabless semiconductor companies. The fund is non-diversified.