SMH Industry — Semis ETF (SMH)

SMH Industry — Semis ETF — analysis

In the industry — semis group, SMH Industry — Semis ETF (SMH) has gathered $31.7B. The cost line is 54 bps per year, the benchmark is Index Benchmark, and the fund has traded since 2018.

On the ValueMarkers VMCI-Composite read, SMH scores 65/100. The score is the weighted average of the underlying VMCI ratings across the top 10 holdings, which together represent roughly 29% of the fund. That places SMH in above-average composite quality territory inside the Industry — Semis cohort.

SMH compounded at 12.1% per year over the trailing five years, which compares to 11.0% on the benchmark. The 1.1-pp gap captures expense drag plus any active deviation in the strategy.

Trailing yield on SMH is 2.60%, with distributions growing at 11.1% annualized over five years. That combination is the simplest read on whether the fund is structured for current income or distribution growth.

SMH weight stack: top 10 names equal 29%, sector tilt Technology 30%, single-name concentration peaks at AAPL (3.46%). Those three numbers describe the fund's risk shape on a single screen.

Peer ETFs covering the same mandate as SMH: XLK, SOXX. The practical comparison runs on issuer reliability, expense ratio, holdings concentration, and tax efficiency, all of which ValueMarkers surfaces on the individual ETF pages.