SMHVanEck Semiconductor ETF
SMH Fund Description
SMH tracks a market-cap-weighted index of 25 of the largest US-listed semiconductors companies.
SMH Factset Analytics Insight
SMH is a highly concentrated fund that invests in common stocks and depositary receipts of US-listed semiconductor companies, similar to our benchmark. Midcap companies and foreign companies listed in the US can also be included. To be initially eligible, 50% of company revenues must be primarily in the production of semiconductors and semiconductor equipment. The top 50 eligible companies by market cap are then given two separate ranks based on free-float market capitalization in descending order and three-month average-daily-trading volume in descending order. Those two ranks are summed and the highest ranked 25 companies are selected. A capping scheme is applied to ensure diversification and more weight is given to the larger companies.
SMH MSCI ESG Analytics Insight
VanEck Semiconductor ETF has an MSCI ESG Fund Rating of AAA based on a score of 9.27 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. VanEck Semiconductor ETF ranks in the 97th percentile within its peer group and in the 99th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SMH MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
SMH Summary Data
SMH Portfolio Data
SMH Index Data
SMH Portfolio Management
SMH Tax Exposures
SMH Fund Structure
SMH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SMH. SMH is rated a 5 out of 5.
SMH Sector/Industry Breakdown
SMH Economic Development
SMH Performance Statistics
SMH MSCI ESG Ratings
SMH Benchmark Comparison Summary
SMH Benchmark Comparison Market Cap Size
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