Summary
SMHX
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 67.48% Volatility 39.04% Sharpe 1.45
Official loaded data — not a live quote.

VANECK FABLESS SEMICONDUCTOR ETF

Symbol: SMHX

Exchange: NASDAQ

Sector: Technology

Category: Technology

Inception date: 27/08/2024

Latest date: 20/07/2026

Current price: $55.66

Expense ratio: 0.35%

Assets under management
$297.0M
-1.33% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-15.93%

Ann. -21.45% (Sharpe / Sortino numerator)

Volatility

39.36%

Sharpe ratio

-0.637

VaR 95%

-3.48%

CVaR 95%: -3.62%
Max drawdown: -9.11%
Sortino ratio: -1.123
Calmar ratio: -2.35

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

18.52%

Ann. -9.70% (Sharpe / Sortino numerator)

Volatility

32.86%

Sharpe ratio

-0.406

VaR 95%

-3.21%

CVaR 95%: -3.42%
Max drawdown: -13.83%
Sortino ratio: -0.708
Calmar ratio: -0.70

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

43.19%

Ann. -4.15% (Sharpe / Sortino numerator)

Volatility

34.67%

Sharpe ratio

-0.224

VaR 95%

-3.34%

CVaR 95%: -4.64%
Max drawdown: -17.06%
Sortino ratio: -0.322
Calmar ratio: -0.24

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

67.48%

Ann. 60.40% (Sharpe / Sortino numerator)

Volatility

39.04%

Sharpe ratio

1.454

VaR 95%

-3.33%

CVaR 95%: -5.37%
Max drawdown: -17.06%
Sortino ratio: 1.966
Calmar ratio: 3.54

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

124.05%

Ann. 59.83% (Sharpe / Sortino numerator)

Volatility

40.45%

Sharpe ratio

1.390

VaR 95%

-3.67%

CVaR 95%: -5.95%
Max drawdown: -38.53%
Sortino ratio: 1.779
Calmar ratio: 1.55

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.236%

Best day

6.312%

11/06/2026
Worst day

-10.439%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $56.41 $56.76 $55.60 $55.66 70,400
17/07/2026 $54.37 $56.31 $53.19 $55.45 126,600
16/07/2026 $57.62 $57.63 $55.97 $56.36 278,800
15/07/2026 $60.26 $60.26 $57.44 $58.95 97,300
14/07/2026 $60.78 $60.87 $59.18 $59.69 128,800
13/07/2026 $60.37 $60.37 $58.54 $58.70 103,700
10/07/2026 $60.98 $61.87 $60.64 $61.66 70,400
09/07/2026 $61.30 $62.14 $60.78 $61.58 87,900
08/07/2026 $57.56 $59.59 $57.56 $59.58 99,700
07/07/2026 $58.20 $58.55 $56.76 $57.98 157,500