Performance analysis of SMHX (VANECK FABLESS SEMICONDUCTOR ETF)
Annual Return
Since Aug 28, 2024, SMHX has had an average annual return of +56.37%, outperforming the benchmark SPY, which returned +18.15% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +52.46% | +30% | +17.76% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.79% | -1.74% | -3.11% | +36.85% | +22.50% | +2.40% | -9.25% | +52.46% | |||||
| 2025 | -0.89% | -9.17% | -11.36% | +1.63% | +14.54% | +15.27% | +8.72% | +3.27% | +8.83% | +7.96% | -7.29% | -0.73% | +30% |
| 2024 | +1.50% | +1.82% | +0.75% | +6.32% | +6.37% | +17.76% |
Drawdown analysis of SMHX (VANECK FABLESS SEMICONDUCTOR ETF)
The maximum drawdown for the SMHX was -38.53%, occurring on Apr 8, 2025. Recovery took 63 trading sessions.
The current SMHX drawdown is -14.56%.
Since Aug 28, 2024 SMHX has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.53% | Jan 22, 2025 | 53 | Apr 8, 2025 | 63 | Jul 10, 2025 | 116 |
| -18.29% | Jun 3, 2026 | 30 | Jul 17, 2026 | Ongoing | Ongoing | Ongoing |
| -17.06% | Oct 29, 2025 | 103 | Mar 30, 2026 | 9 | Apr 13, 2026 | 112 |
| -12.25% | Aug 30, 2024 | 4 | Sep 6, 2024 | 9 | Sep 19, 2024 | 13 |
| -8.62% | Nov 7, 2024 | 6 | Nov 15, 2024 | 12 | Dec 4, 2024 | 18 |
| -7.31% | Oct 8, 2025 | 2 | Oct 10, 2025 | 11 | Oct 27, 2025 | 13 |
| -7.04% | Oct 29, 2024 | 2 | Oct 31, 2024 | 4 | Nov 6, 2024 | 6 |
| -6.96% | Dec 16, 2024 | 3 | Dec 19, 2024 | 10 | Jan 6, 2025 | 13 |
| -6.87% | Apr 24, 2026 | 2 | Apr 28, 2026 | 5 | May 5, 2026 | 7 |
| -6.22% | Jan 6, 2025 | 4 | Jan 13, 2025 | 6 | Jan 22, 2025 | 10 |
| -5.41% | Aug 13, 2025 | 5 | Aug 20, 2025 | 6 | Aug 28, 2025 | 11 |
| -5.25% | May 14, 2026 | 2 | May 18, 2026 | 2 | May 20, 2026 | 4 |
| -5.16% | Sep 26, 2024 | 3 | Oct 1, 2024 | 5 | Oct 8, 2024 | 8 |
| -4.91% | Aug 28, 2025 | 2 | Sep 2, 2025 | 4 | Sep 8, 2025 | 6 |
| -3.80% | Jul 30, 2025 | 2 | Aug 1, 2025 | 5 | Aug 8, 2025 | 7 |
| -3.60% | Dec 4, 2024 | 4 | Dec 10, 2024 | 3 | Dec 13, 2024 | 7 |
| -3.60% | Oct 14, 2024 | 1 | Oct 15, 2024 | 10 | Oct 29, 2024 | 11 |
| -3.27% | Sep 22, 2025 | 4 | Sep 26, 2025 | 4 | Oct 2, 2025 | 8 |
| -2.66% | May 11, 2026 | 1 | May 12, 2026 | 2 | May 14, 2026 | 3 |
| -2.14% | May 26, 2026 | 1 | May 27, 2026 | 1 | May 28, 2026 | 2 |
| -1.78% | Jul 21, 2025 | 1 | Jul 22, 2025 | 3 | Jul 25, 2025 | 4 |
| -1.61% | Jul 10, 2025 | 2 | Jul 14, 2025 | 2 | Jul 16, 2025 | 4 |
| -1.17% | Sep 19, 2024 | 1 | Sep 20, 2024 | 2 | Sep 24, 2024 | 3 |
| -1.16% | Oct 6, 2025 | 1 | Oct 7, 2025 | 1 | Oct 8, 2025 | 2 |
| -1.14% | May 6, 2026 | 1 | May 7, 2026 | 1 | May 8, 2026 | 2 |