BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

SMHXvsLRNZETF Comparison

ETF 1

SMHX

VanEck Fabless Semiconductor ETF

This fund is part of

US Info. Technology

+0.4%

Full SMHX fund page

VS

ETF 2

LRNZ

TrueShares Technology, AI & Deep Learning ETF

This fund is part of

AI & Big Data

+0.08%

Full LRNZ fund page

VanEck Fabless Semiconductor ETF (SMHX) belongs to the US Info. Technology segment. TrueShares Technology, AI & Deep Learning ETF (LRNZ) is part of the AI & Big Data segment. SMHX's top 1 sector exposures are Technology. In contrast, LRNZ's top sector exposures are Technology, Healthcare and Non-Corporate. SMHX is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.69% for LRNZ. SMHX is up 46.32% year-to-date (YTD) with +$10M in YTD flows. LRNZ performs worse with 32.24% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of SMHX and LRNZ 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 LRNZ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 08/31/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SMHX LRNZ	+1.48%+6.58%	-12.30%-1.60%	+46.32%+32.24%	+60.41%+44.14%	n/a+103.44%	n/a+27.86%
Flows	SMHX LRNZ	-$3M-$609K	+$8M-$1M	+$10M-$3M	+$49M-$6M	--$16M	-+$3M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SMHX LRNZ	+54.13%+36.83%	+40.40%+32.47%	n/a+31.23%	n/a+37.75%
Max drawdown	SMHX LRNZ	-24.92%-13.78%	-24.92%-26.94%	n/a-32.96%	n/a-61.38%
Max drawdown duration	SMHX LRNZ	89d42d	89d197d	n/a156d	n/a1655d

Trading data

Create an account to view trading data

Join for free

	SMHX	LRNZ
Last sale 8/31/2026 at 1:30 PM	$55.67
Previous close 08/31/2026	$55.16
Consolidated volume 08/31/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

LRNZ

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	SMHX	LRNZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 8/31/2026 at 1:30 PM

Live

Closed

	SMHX	LRNZ
Last price	$55.67	–
1D performance	+0.92%	–
AuM	$250.33 M	$40.33 M
E/R	0.35%	0.69%

Characteristics

	SMHX	LRNZ
Management strategy	Passive	Active
Provider	VanEck	TrueShares
Benchmark	MVIS US Listed Fabless Semiconductor Index	-
N° of holdings	22	26
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	August 28, 2024	February 28, 2020
ESG	No	No

More SMHX data on Trackinsight

More LRNZ data on Trackinsight

Exposure

Countries

SMHX

USA

92.7%

Other

7.3%

LRNZ

USA

94.82%

Other

5.18%

Sectors

SMHX

Technology

99.89%

Other

0.11%

LRNZ

Technology

76.6%

Healthcare

20.03%

Other

3.37%

Diversification

SMHX

Total weight of top 15 holdings out of 15

90.08%

LRNZ

Total weight of top 15 holdings out of 15

72.26%

Top 15 holdings

Data as of July 31, 2026

SMHX

NVIDIA Corp.

21.57%

Broadcom Inc.

16.87%

Advanced Micro Devices, Inc.

5.68%

Monolithic Power Systems, Inc.

4.73%

Astera Labs, Inc.

4.56%

Cadence Design Systems, Inc.

4.31%

QUALCOMM, Inc.

4.19%

Synopsys, Inc.

4.12%

Marvell Technology, Inc.

4.00%

Lattice Semiconductor Corp.

3.88%

Arm Holdings Plc

3.81%

Silicon Motion Technology Corp.

3.39%

SiTime Corp.

3.15%

Rambus, Inc.

2.97%

Semtech Corp.

2.83%

LRNZ

Cloudflare, Inc.

6.92%

CrowdStrike Holdings, Inc.

5.65%

Natera, Inc.

5.61%

Snowflake, Inc.

5.50%

Guardant Health, Inc.

5.26%

Datadog, Inc.

4.95%

Palo Alto Networks, Inc.

4.76%

Broadcom Inc.

4.46%

MongoDB, Inc.

4.36%

Monolithic Power Systems, Inc.

4.31%

Samsara, Inc.

4.28%

Structure Therapeutics, Inc.

4.20%

Alphabet, Inc.

4.11%

NVIDIA Corp.

3.98%

Advanced Micro Devices, Inc.

3.89%

Frequently asked questions about SMHX and LRNZ

How have the SMHX and LRNZ ETFs performed in 2026?

As of August 31, 2026, SMHX is up 46.32% year-to-date (YTD), while LRNZ has returned 32.24%. That puts SMHX better performer ahead so far this year.

Which ETF is attracting more investor money: SMHX or LRNZ?

Year-to-date, the SMHX ETF saw +$10M in flows, compared to -$3M for LRNZ.

Which ETF is more volatile: SMHX or LRNZ?

Over the past year, SMHX had a volatility of 40.4%, while LRNZ experienced 32.47%.

Which ETF is bigger: SMHX or LRNZ?

As of August 31, 2026, SMHX holds $250.33 M in assets under management (AUM), while LRNZ manages $40.33 M.

What sectors do the SMHX and LRNZ ETFs invest in?

SMHX leans toward sectors like Technology. Meanwhile, LRNZ focuses on Technology and Healthcare.

What are the top holdings of the SMHX ETF and LRNZ ETF?

SMHX top holdings include NVIDIA Corp., Broadcom Inc. and Advanced Micro Devices, Inc.. LRNZ holds in its top three: Cloudflare, Inc., CrowdStrike Holdings, Inc. and Natera, Inc..

SMHXvsLRNZETF Comparison

VanEck Fabless Semiconductor ETF

TrueShares Technology, AI & Deep Learning ETF

SMHX vs LRNZ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the SMHX and LRNZ ETFs performed in 2026?

As of August 31, 2026, SMHX is up 46.32% year-to-date (YTD), while LRNZ has returned 32.24%. That puts SMHX better performer ahead so far this year.

Which ETF is attracting more investor money: SMHX or LRNZ?

Year-to-date, the SMHX ETF saw +$10M in flows, compared to -$3M for LRNZ.

Which ETF is more volatile: SMHX or LRNZ?

Over the past year, SMHX had a volatility of 40.4%, while LRNZ experienced 32.47%.

Which ETF is bigger: SMHX or LRNZ?

As of August 31, 2026, SMHX holds $250.33 M in assets under management (AUM), while LRNZ manages $40.33 M.

What sectors do the SMHX and LRNZ ETFs invest in?

SMHX leans toward sectors like Technology. Meanwhile, LRNZ focuses on Technology and Healthcare.

What are the top holdings of the SMHX ETF and LRNZ ETF?

SMHX top holdings include NVIDIA Corp., Broadcom Inc. and Advanced Micro Devices, Inc.. LRNZ holds in its top three: Cloudflare, Inc., CrowdStrike Holdings, Inc. and Natera, Inc..

Which ETF is more diversified: SMHX or LRNZ?

SMHX holds 22 securities with 90.08% of its assets in the top 15. LRNZ has 26 securities and a top 15 weight of 72.26%.

Expert-Built ETF Portfolios, All in One Place