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SMHvsXLKETF Comparison
VanEck Semiconductor ETF (SMH) and State Street Technology Select Sector SPDR ETF (XLK) belong to the same industry segment: US Info. Technology. Both ETFs have the same top 3 sector exposures: and Information Technology. SMH is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.08% for XLK. SMH is up 9.51% year-to-date (YTD) with +$4.27B in YTD flows. XLK performs worse with -2.91% YTD performance, and -$2.05B in YTD flows. Run a side-by-side ETF comparison of SMH and XLK below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
SMH vs XLK performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SMH XLK | -3.05%-1.93% | +7.19%-5.90% | +9.51%-2.91% | +84.36%+34.37% | +230.84%+110.37% | +255.01%+124.27% |
| Flows | SMH XLK | +$2.43B-$709M | +$4.92B-$2.97B | +$4.27B-$2.05B | +$7.95B+$585M | +$14.50B+$5.03B | +$17.32B+$5.90B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SMH XLK | +33.53%+22.73% | +36.92%+26.92% | +34.17%+23.20% | +34.98%+24.78% |
| Max drawdown | SMH XLK | -10.67%-9.11% | -22.13%-17.78% | -35.84%-25.74% | -45.33%-33.57% |
| Max drawdown duration | SMH XLK | 12d41d | 46d45d | 356d113d | 562d534d |
SMH | XLK | |
Last sale 3/11/2026 at 1:30 PM | $401.03 | $140.43 |
| Previous close 03/10/2026 | $397.33 | $139.76 |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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SMH | XLK | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
SMH | XLK | |
|---|---|---|
| Last price | $401.03 | $140.43 |
| 1D performance | +0.93% | +0.48% |
| AuM | $44.89 B | $87.80 B |
| E/R | 0.35% | 0.08% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the SMH and XLK ETFs performed in 2026?
As of March 9, 2026, SMH is up 9.51% year-to-date (YTD), while XLK has lost -2.91%. That puts SMH better performer ahead so far this year.
Which ETF is attracting more investor money: SMH or XLK?
Year-to-date, the SMH ETF saw +$4.27B in flows, compared to -$2.05B for XLK.
Which ETF is more volatile: SMH or XLK?
Over the past year, SMH had a volatility of 36.92%, while XLK experienced 26.92%.
Which ETF is bigger: SMH or XLK?
As of March 9, 2026, SMH holds $44.89 B in assets under management (AUM), while XLK manages $87.80 B.
What sectors do the SMH and XLK ETFs invest in?
SMH leans toward sectors like Information Technology. Meanwhile, XLK focuses on Information Technology.
What are the top holdings of the SMH ETF and XLK ETF?
SMH top holdings include NVIDIA, US8740391003 and BROADCOM LIMITED. XLK holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SMH or XLK?
SMH holds 25 securities with 91.95% of its assets in the top 15. XLK has 70 securities and a top 15 weight of 71.32%.
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