Question 1

What is SMH?

Accepted Answer

SMH — VanEck Semiconductor ETF — is a Canadian-listed ETF trading on the NASDAQ. 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.

Question 2

What is the SMH ETF price today?

Accepted Answer

SMH last traded at $617.81 CAD on the NASDAQ. See the price chart above for recent performance.

Question 3

What is the SMH MER (management expense ratio)?

Accepted Answer

SMH has a management expense ratio (MER) of 0.35% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time.

Question 4

What are SMH annualised returns?

Accepted Answer

SMH historical returns: YTD: -0.99%, 1-year: +89.50%, 3-year annualised: +62.61%, 5-year annualised: +35.63%, 10-year annualised: +34.84%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.33, which measures risk-adjusted return.

Question 5

Does SMH pay dividends or distributions?

Accepted Answer

Yes, SMH distributes income to unitholders. The current distribution yield is approximately 0.20%, paid na. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does SMH invest in?

Accepted Answer

SMH's top holdings include NVIDIA Corporation (NVDA, 19.7%), Taiwan Semiconductor Manufacturing (TSM, 9.3%), Advanced Micro Devices Inc (AMD, 5.6%), Broadcom Inc (AVGO, 5.2%), Micron Technology Inc (MU, 4.9%) — and 20 more positions. See the full Top 10 Holdings table above for a complete breakdown.

Question 7

What sectors does SMH invest in?

Accepted Answer

SMH's largest sector exposures are Technology (100.0%), Energy (0.0%), Utilities (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is SMH? (Assets under management)

Accepted Answer

SMH has approximately $74.62B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was SMH launched?

Accepted Answer

SMH was launched on December 20, 2011, giving it a 15-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy SMH in Canada?

Accepted Answer

SMH trades on the NASDAQ under the ticker SMH. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is SMH?

Accepted Answer

SMH has a 1-year volatility of 44.01% and a beta of 2.06 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.33 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-01	$610.88	$620.91	$607.25	$617.81	$617.81	5,111,682
2026-09-30	$609.76	$611.95	$606.01	$609.00	$609.00	4,423,627
2026-09-29	$609.00	$613.27	$604.99	$606.90	$606.90	5,671,544
2026-09-28	$605.29	$607.95	$591.92	$600.01	$600.01	5,830,998
2026-09-25	$605.57	$609.66	$602.22	$606.56	$606.56	4,660,131
2026-09-24	$591.62	$602.03	$588.92	$600.52	$600.52	5,645,417
2026-09-23	$604.39	$606.28	$593.79	$601.41	$601.41	6,116,386
2026-09-22	$591.67	$608.66	$591.01	$607.46	$607.46	6,631,117
2026-09-21	$581.89	$598.62	$578.51	$596.03	$596.03	9,885,982
2026-09-18	$562.88	$580.81	$562.75	$573.00	$573.00	6,296,469

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	19.68%
2	TSM	Taiwan Semiconductor Manufacturing	9.30%
3	AMD	Advanced Micro Devices Inc	5.61%
4	AVGO	Broadcom Inc	5.24%
5	MU	Micron Technology Inc	4.93%
6	INTC	Intel Corporation	4.71%
7	TXN	Texas Instruments Incorporated	4.59%
8	AMAT	Applied Materials Inc	4.48%
9	KLAC	KLA Corporation	4.46%
10	ASML	ASML Holding N.V. New York Registry Shares	4.43%

Sector	Weight
Technology	100.00%
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Industrials	0.00%
Real Estate	0.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	0.00%

Ticker	Name	Price	1D
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HTA-B	Harvest Tech Leaders Income ETF (Unhedged)	$26.20	+6.20%
CMOM-B	CI U.S. Enhanced Momentum Index ETF (Unhedged Common Units)	$39.41	+6.14%
TEHE	Harvest TELUS Enhanced High Income Shares ETF	$5.20	+4.84%
PLTU		$36.18	+4.69%
MEDX	Global X Equal Weight Global Healthcare Index ETF	$23.44	+3.99%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$8.60	+3.99%
HOU	BetaPro Crude Oil Daily Bull ETF	$24.93	+3.75%

CIBC Investor's Edge

VanEck Semiconductor ETF (SMH : NASDAQ)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About VanEck Semiconductor ETF

ETF Details

7 stocks to buy and hold forever

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Frequently Asked Questions — SMH