SMH
$539.79-3.41%
as of close, Oct 16, 2026
☾ AH $539.79 -3.41%
VanEck Semiconductor ETFETF · Themes
VanEck Semiconductor ETF monthly returns
VanEck Semiconductor ETF has averaged 1.44% per month, positive in 59% of months. Month-by-month returns for VanEck Semiconductor ETF (SMH) below, through October 16, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.
Average month
+1.4%
310 months
Best month
+32.2%
Apr 2026
Worst month
-32.5%
Sep 2001
Positive months
59%
of all months
VanEck Semiconductor ETF monthly returns#
| Month | Path | Total return |
|---|---|---|
| Oct 2026 | -11.4% | |
| Sep 2026 | +9.4% | |
| Aug 2026 | +3.0% | |
| Jul 2026 | -17.4% | |
| Jun 2026 | +9.3% | |
| May 2026 | +18.2% | |
| Apr 2026 | +32.2% | |
| Mar 2026 | -5.7% | |
| Feb 2026 | +0.7% | |
| Jan 2026 | +12.0% | |
| Dec 2025 | +2.5% | |
| Nov 2025 | -3.0% | |
| Oct 2025 | +11.2% | |
| Sep 2025 | +12.4% | |
| Aug 2025 | +0.5% | |
| Jul 2025 | +3.5% | |
| Jun 2025 | +16.3% | |
| May 2025 | +13.5% | |
| Apr 2025 | -0.1% | |
| Mar 2025 | -9.2% | |
| Feb 2025 | -4.5% | |
| Jan 2025 | +0.6% | |
| Dec 2024 | +0.5% | |
| Nov 2024 | +0.2% | |
| Oct 2024 | -1.5% | |
| Sep 2024 | +0.8% | |
| Aug 2024 | -1.4% | |
| Jul 2024 | -5.3% | |
| Jun 2024 | +8.4% | |
| May 2024 | +12.3% | |
| Apr 2024 | -4.8% | |
| Mar 2024 | +6.2% | |
| Feb 2024 | +14.0% | |
| Jan 2024 | +6.3% | |
| Dec 2023 | +9.6% | |
| Nov 2023 | +15.5% | |
| Oct 2023 | -4.2% | |
| Sep 2023 | -7.2% | |
| Aug 2023 | -2.7% | |
| Jul 2023 | +5.5% | |
| Jun 2023 | +5.5% | |
| May 2023 | +16.7% | |
| Apr 2023 | -6.1% | |
| Mar 2023 | +9.9% | |
| Feb 2023 | +1.0% | |
| Jan 2023 | +16.8% | |
| Dec 2022 | -9.9% | |
| Nov 2022 | +20.4% | |
| Oct 2022 | +2.2% | |
| Sep 2022 | -13.7% | |
| Aug 2022 | -9.5% | |
| Jul 2022 | +16.4% | |
| Jun 2022 | -16.7% | |
| May 2022 | +6.4% | |
| Apr 2022 | -14.8% | |
| Mar 2022 | +0.6% | |
| Feb 2022 | -2.6% | |
| Jan 2022 | -10.8% | |
| Dec 2021 | +1.8% | |
| Nov 2021 | +11.4% | |
| Oct 2021 | +6.8% | |
| Sep 2021 | -5.4% | |
| Aug 2021 | +2.9% | |
| Jul 2021 | +0.3% | |
| Jun 2021 | +5.2% | |
| May 2021 | +2.5% | |
| Apr 2021 | -0.2% | |
| Mar 2021 | +1.1% | |
| Feb 2021 | +6.3% | |
| Jan 2021 | +3.7% | |
| Dec 2020 | +5.4% | |
| Nov 2020 | +19.2% | |
| Oct 2020 | +0.4% | |
| Sep 2020 | -0.7% | |
| Aug 2020 | +5.5% | |
| Jul 2020 | +8.8% | |
| Jun 2020 | +8.3% | |
| May 2020 | +5.5% | |
| Apr 2020 | +14.2% | |
| Mar 2020 | -11.2% | |
| Feb 2020 | -4.1% | |
| Jan 2020 | -2.7% | |
| Dec 2019 | +8.0% | |
| Nov 2019 | +4.3% | |
| Oct 2019 | +7.0% | |
| Sep 2019 | +4.1% | |
| Aug 2019 | -2.3% | |
| Jul 2019 | +6.3% | |
| Jun 2019 | +12.2% | |
| May 2019 | -15.5% | |
| Apr 2019 | +9.3% | |
| Mar 2019 | +2.9% | |
| Feb 2019 | +7.0% | |
| Jan 2019 | +10.7% | |
| Dec 2018 | -8.1% | |
| Nov 2018 | +3.5% | |
| Oct 2018 | -12.2% | |
| Sep 2018 | -2.3% | |
| Aug 2018 | +2.9% | |
| Jul 2018 | +3.1% | |
| Jun 2018 | -4.2% | |
| May 2018 | +10.3% | |
| Apr 2018 | -6.8% | |
| Mar 2018 | -2.1% | |
| Feb 2018 | +0.0% | |
| Jan 2018 | +8.9% | |
| Dec 2017 | -1.0% | |
| Nov 2017 | -1.3% | |
| Oct 2017 | +8.9% | |
| Sep 2017 | +5.4% | |
| Aug 2017 | +3.2% | |
| Jul 2017 | +4.9% | |
| Jun 2017 | -4.8% | |
| May 2017 | +7.9% | |
| Apr 2017 | -0.0% | |
| Mar 2017 | +4.3% | |
| Feb 2017 | +2.6% | |
| Jan 2017 | +3.9% | |
| Dec 2016 | +1.6% | |
| Nov 2016 | +4.1% |
Monthly total return (since Nov 2021)#
-30%-20%-10%0%10%20%30%
Nov 2021+11%
Dec 2021+1.8%
Jan 2022-11%2022
Feb 2022-2.6%
Mar 2022+0.61%
Apr 2022-15%
May 2022+6.4%
Jun 2022-17%
Jul 2022+16%
Aug 2022-9.5%
Sep 2022-14%
Oct 2022+2.2%
Nov 2022+20%
Dec 2022-9.9%
Jan 2023+17%2023
Feb 2023+0.97%
Mar 2023+9.9%
Apr 2023-6.1%
May 2023+17%
Jun 2023+5.5%
Jul 2023+5.5%
Aug 2023-2.7%
Sep 2023-7.2%
Oct 2023-4.2%
Nov 2023+15%
Dec 2023+9.6%
Jan 2024+6.3%2024
Feb 2024+14%
Mar 2024+6.2%
Apr 2024-4.8%
May 2024+12%
Jun 2024+8.4%
Jul 2024-5.3%
Aug 2024-1.4%
Sep 2024+0.82%
Oct 2024-1.5%
Nov 2024+0.19%
Dec 2024+0.46%
Jan 2025+0.6%2025
Feb 2025-4.5%
Mar 2025-9.2%
Apr 2025-0.09%
May 2025+13%
Jun 2025+16%
Jul 2025+3.5%
Aug 2025+0.52%
Sep 2025+12%
Oct 2025+11%
Nov 2025-3.0%
Dec 2025+2.5%
Jan 2026+12%2026
Feb 2026+0.72%
Mar 2026-5.7%
Apr 2026+32%
May 2026+18%
Jun 2026+9.3%
Jul 2026-17%
Aug 2026+3.0%
Sep 2026+9.4%
Oct 2026-11%
VanEck Semiconductor ETF returns by calendar month#
Every month of every year since 2001, one tick per year on a shared scale; the dark bar is the month's average. Total returns, dividends reinvested.
October 2026 so far: -11.36% — 24th of 26 Octobers since 2001 at the last close; the average October returned +3.1%.
| Month | −35%0+35% | Average | Median | Up | Best | Worst |
|---|---|---|---|---|---|---|
| Jan | +2.0% | +1.5% | 62% | +20.4% 2001 | -13.3% 2008 | |
| Feb | +1.1% | +1.6% | 69% | +14.0% 2024 | -29.1% 2001 | |
| Mar | +1.1% | +0.6% | 54% | +15.3% 2002 | -11.2% 2020 | |
| Apr | +2.6% | +0.1% | 50% | +32.2% 2026 | -14.8% 2022 | |
| May | +3.9% | +5.9% | 73% | +18.2% 2026 | -15.5% 2019 | |
| Jun | -0.2% | -0.7% | 50% | +16.3% 2025 | -21.1% 2002 | |
| Jul | +1.4% | +1.3% | 58% | +16.4% 2022 | -17.4% 2026 | |
| Aug | -0.6% | +0.4% | 54% | +15.0% 2003 | -11.4% 2010 | |
| Sep | -1.8% | +0.2% | 50% | +14.2% 2010 | -32.5% 2001 | |
| Oct | +3.1% | +2.2% | 60% | +24.6% 2002 | -16.0% 2008 | |
| Nov | +5.2% | +4.1% | 80% | +22.2% 2002 | -19.9% 2008 | |
| Dec | +0.1% | +0.5% | 56% | +9.7% 2009 | -24.4% 2002 |
Methodology#
Monthly returns are total returns (dividends reinvested), computed from SMH's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is VanEck Semiconductor ETF's average monthly return?
- VanEck Semiconductor ETF (SMH) has averaged about 1.44% per month, positive in roughly 59% of months. The best month was Apr 2026 (+32.2%) and the worst was Sep 2001 (-32.5%).
More on VanEck Semiconductor ETF
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