The Semiconductor ETF’s 2026 Return Is About 3 Times Nvidia’s
The VanEck Semiconductor ETF (NASDAQ:SMH) is having a huge 2026. As of midday on Sept. 30, the fund sat near $608 a share, up about 69% from its $360.13 close on the last trading day of 2025. This leaves it well ahead of the S&P 500 (SNPINDEX:^GSPC).
Nvidia (NASDAQ:NVDA), the fund’s top holding at about 19% of assets as of Sept. 29, has risen too, but nowhere near as much.
The artificial intelligence (AI) chip leader’s stock traded around $230 as of this writing, about 23% over its $186.50 year-end close. Put another way, the fund has returned about three times as much as its biggest position this year.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.