Key facts, as of
As of November 2, 2026, VanEck Semiconductor ETF (SMH) trades at $514.97, up 41.9% over the past year. Its 52-week range runs from $315.05 to $671.83; the price is 23.3% below that high. It is 23.3% below its all-time high of $671.83, reached in June 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +1580.2%, against +316.3% for the S&P 500 (SPY). It sits 1.0% below its 200-day average of $520.09. Its 30-day volatility is 40.9% annualized, which we rate high risk. It has a trailing P/E of 27.5.
Cite: Portfolio Terminal, "VanEck Semiconductor ETF (SMH) stock analysis", 2026-11-02. https://portfolio-terminal.com/analyse/smh
Where it trades today
trading 56% of the way up its 52-week range
How the price has moved
How far it is from its record
VanEck Semiconductor ETF (SMH) is 23.3% below its all-time high of $671.83, reached in June 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +1580.2%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- SMH closes below its 50-day average ($571.71) while the 50-day is still above the 200-day ($520.09): a pullback inside a longer rise, not yet a downtrend.
- At $514.97, SMH is 23.3% below its 1-year high of $671.83, set on June 22, 2026, and 63.5% above its 1-year low of $315.05 (November 21, 2025).
- Over the past month SMH fell 18.3%, from $630.60 to $514.97.
- SMH trades at 27.5x its last twelve months of earnings; Yahoo Finance has no forward estimate for it.
- SMH's 30-day volatility, 40.9% a year, works out to a typical daily move of about 2.6%.
What would change the read
- A close back above the 50-day average, $571.71 (+11.0%), restores the uptrend; the 50-day falling 9.0% under the 200-day at $520.09 would make it a downtrend.
- A close above $671.83 (+30.5%) would be a new 1-year high; below $315.05 (−38.8%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for SMH, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for SMH by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
What this fund is
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.
At 0.35% a year, $10,000 left for 30 years at 7% before fees would end $7,600 lower than with no fee, counting what the fee would have earned. Compare it with other funds
What the fund owns
Top 10 Holdings
Sector Allocation
The funds that overlap it most
The ETFs we track whose holdings overlap SMH's most, from the issuers' own files: SOXX 70%, XLK 44%, QQQ 31%. Overlap is the share of money two funds put in the same companies.
SMHyou are here$514.97—
SOXXiShares Semiconductor ETF$460.0670%
XLKTechnology Select Sector SPDR$176.2844%
QQQInvesco QQQ Trust$687.7731%What the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 9.9% below its 50-day average and 1.0% below its 200-day.
- RSI at 35 is neither stretched nor washed out.
- The nearest ceiling is $524.20 (+1.8%), the nearest floor $422.86 (-17.9%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is SMH valued right now?
VanEck Semiconductor ETF trades at 27.5 times its last twelve months of earnings (Yahoo Finance, November 2, 2026). On the chart: slipped under its 50-day average inside a longer uptrend. Price is 9.9% below its 50-day average and 1.0% below its 200-day.
What is the risk level of SMH?
Based on 30-day volatility of 40.9%, SMH has HIGH risk.
How far is SMH from its all-time high?
VanEck Semiconductor ETF is 23.3% below its all-time high of $671.83, reached in June 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +1580.2%, against +316.3% for the S&P 500 (SPY).
Compare SMH with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.