SMHXvsIYWETF Comparison
VS
VanEck Fabless Semiconductor ETF (SMHX) and iShares U.S. Technology ETF (IYW) belong to the same industry segment: US Info. Technology. SMHX's top 1 sector exposures are Technology. In contrast, IYW's top sector exposures are Technology, Business Services and Finance. SMHX is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.37% for IYW. SMHX is up 41.9% year-to-date (YTD) with +$11M in YTD flows. IYW performs worse with 25.95% YTD performance, and -$1.63B in YTD flows. Run a side-by-side ETF comparison of SMHX and IYW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
SMHX vs IYW performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SMHX IYW | -0.23%+0.42% | -4.30%+3.55% | +41.90%+25.95% | +37.56%+28.03% | n/a+131.44% | n/a+138.13% |
| Flows | SMHX IYW | -$287K-$655M | -$11M-$874M | +$11M-$1.63B | +$8M-$1.96B | --$2.68B | --$1.58B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SMHX IYW | +40.51%+22.25% | +40.97%+24.49% | n/a+24.74% | n/a+26.80% |
| Max drawdown | SMHX IYW | -16.67%-7.82% | -24.92%-17.72% | n/a-26.59% | n/a-39.42% |
| Max drawdown duration | SMHX IYW | 10d10d | 135d174d | n/a125d | n/a690d |
Trading data
SMHX | IYW | |
Last sale 10/16/2026 at 1:30 PM | $53.97 | $251.24 |
| Previous close 10/15/2026 | $56.06 | $258.70 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
SMHX | IYW | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
SMHX | IYW | |
|---|---|---|
| Last price | $53.97 | $251.24 |
| 1D performance | -3.73% | -2.88% |
| AuM | $245.46 M | $24.42 B |
| E/R | 0.35% | 0.37% |
Characteristics
SMHX | IYW | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | VanEck | iShares |
| Benchmark | MVIS US Listed Fabless Semiconductor Index | Russell 1000 Technology RIC 22.5/45 Capped Index |
| N° of holdings | 22 | 149 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 28, 2024 | May 15, 2000 |
| ESG | No | No |
Advertisement
Exposure
Countries
SMHX
USA
92.88%
Other
7.12%
IYW
USA
99.67%
Other
0.33%
Sectors
SMHX
Technology
99.91%
Other
0.09%
IYW
Technology
95.09%
Other
4.91%
Advertisement
Diversification
SMHX
Total weight of top 15 holdings out of 15
91.02%
IYW
Total weight of top 15 holdings out of 15
72.59%
Top 15 holdings
Data as of August 31, 2026
SMHX
NVIDIA Corp.
23.38%
Broadcom Inc.
15.81%
Advanced Micro Devices, Inc.
5.53%
QUALCOMM, Inc.
4.77%
Synopsys, Inc.
4.59%
Marvell Technology, Inc.
4.45%
Astera Labs, Inc.
4.29%
Cadence Design Systems, Inc.
4.23%
Monolithic Power Systems, Inc.
4.14%
Arm Holdings Plc
3.79%
Lattice Semiconductor Corp.
3.54%
SiTime Corp.
3.28%
Silicon Motion Technology Corp.
3.25%
Semtech Corp.
3.15%
Rambus, Inc.
2.79%
IYW
NVIDIA Corp.
14.21%
Apple, Inc.
12.77%
Microsoft Corp.
11.04%
Alphabet, Inc.
5.57%
Alphabet, Inc.
4.50%
Broadcom Inc.
4.16%
Meta Platforms, Inc.
3.69%
Micron Technology, Inc.
3.28%
Advanced Micro Devices, Inc.
2.86%
Palantir Technologies, Inc.
2.04%
Intel Corp.
2.02%
Lam Research Corp.
1.86%
Applied Materials, Inc.
1.79%
Palo Alto Networks, Inc.
1.52%
Oracle Corp.
1.26%
Frequently asked questions about SMHX and IYW
How have the SMHX and IYW ETFs performed in 2026?
As of October 16, 2026, SMHX is up 41.9% year-to-date (YTD), while IYW has returned 25.95%. That puts SMHX better performer ahead so far this year.
Which ETF is attracting more investor money: SMHX or IYW?
Year-to-date, the SMHX ETF saw +$11M in flows, compared to -$1.63B for IYW.
Which ETF is more volatile: SMHX or IYW?
Over the past year, SMHX had a volatility of 40.97%, while IYW experienced 24.49%.
Which ETF is bigger: SMHX or IYW?
As of October 16, 2026, SMHX holds $245.46 M in assets under management (AUM), while IYW manages $24.42 B.
What sectors do the SMHX and IYW ETFs invest in?
SMHX leans toward sectors like Technology. Meanwhile, IYW focuses on Technology.
What are the top holdings of the SMHX ETF and IYW ETF?
SMHX top holdings include NVIDIA Corp., Broadcom Inc. and Advanced Micro Devices, Inc.. IYW holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: SMHX or IYW?
SMHX holds 22 securities with 91.02% of its assets in the top 15. IYW has 150 securities and a top 15 weight of 72.59%.
Advertisement
Latest news about SMHX & IYW
Tech ETFs Surge, Led by Nvidia’s Outstanding Performance
June 17, 2024
IYW
Tech Sinks in First Week of August
August 8, 2023
IYW
What’s Driving the Market, a Look at US Equities
June 14, 2023
IYW
Big Layoffs From Big Tech: What Does it Mean for Investors?
February 27, 2023
IYW
Advertisement
Hard Landing – What does this mean for markets?
November 21, 2022
IYW
Hard Landing – What does this mean for markets?
November 21, 2022
IYW
Advertisement
