SMH
$539.79-3.41%
as of close, Oct 16, 2026
☾ AH $539.79 -3.41%
VanEck Semiconductor ETFETF · Themes
VanEck Semiconductor ETF total returns by year (including dividends)
As of market close, Oct 16, 2026
VanEck Semiconductor ETF total returns by year (2001–2026)#
Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return). Every year has a direct link you can bookmark or share.
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $360.13 | $539.79 | 0.0% | +49.9% | |
| 2025 | $242.17 | $360.13 | 0.5% | +49.2% | |
| 2024 | $174.87 | $242.17 | 0.6% | +39.1% | |
| 2023 | $101.47 | $174.87 | 1.0% | +73.4% | |
| 2022 | $154.40 | $101.47 | 0.7% | -33.5% | |
| 2021 | $109.21 | $154.40 | 0.8% | +42.1% | |
| 2020 | $70.71 | $109.21 | 1.1% | +55.5% | |
| 2019 | $43.64 | $70.71 | 2.4% | +64.5% | |
| 2018 | $48.91 | $43.64 | 1.7% | -9.1% | |
| 2017 | $35.82 | $48.91 | 1.9% | +38.5% | |
| 2016 | $26.64 | $35.82 | 1.1% | +35.5% | |
| 2015 | $27.31 | $26.64 | 2.1% | -0.3% | |
| 2014 | $21.22 | $27.31 | 1.5% | +30.2% | |
| 2013 | $16.17 | $21.22 | 2.1% | +33.3% | |
| 2012 | $15.22 | $16.17 | 2.3% | +8.5% | |
| 2011 | $16.27 | $15.22 | 0.0% | -6.5% | |
| 2010 | $13.96 | $16.27 | 0.0% | +16.5% | |
| 2009 | $8.81 | $13.96 | 0.0% | +58.5% | |
| 2008 | $16.23 | $8.81 | 0.0% | -45.7% | |
| 2007 | $16.83 | $16.23 | 0.0% | -3.5% | |
| 2006 | $18.32 | $16.83 | 0.0% | -8.2% | |
| 2005 | $16.69 | $18.32 | 0.0% | +9.8% | |
| 2004 | $20.75 | $16.69 | 0.0% | -19.6% | |
| 2003 | $11.08 | $20.75 | 0.0% | +87.3% | |
| 2002 | $20.93 | $11.08 | 0.0% | -47.1% | |
| 2001 | $24.50 | $20.93 | 0.0% | -14.6% |
- Annualized
- +10.4%
- 2001–2026
- Average year
- +18.2%
- 25 full years
- Best year
- +87.3%
- 2003
- Worst year
- -47.1%
- 2002
- Positive years
- 15/25
- 60% up
Annualized (CAGR)
+10.4%
2001–2026
Average year
+18.2%
25 full years
Best year
+87.3%
2003
Worst year
-47.1%
2002
Positive years
15/25
60% up
Total return by period#
Annual
-50%0%50%
2001-15%'01
2002-47%
2003+87%'03
2004-20%
2005+9.8%'05
2006-8.2%
2007-3.5%'07
2008-46%
2009+59%'09
2010+17%
2011-6.5%'11
2012+8.5%
2013+33%'13
2014+30%
2015-0.34%'15
2016+36%
2017+38%'17
2018-9.1%
2019+64%'19
2020+56%
2021+42%'21
2022-34%
2023+73%'23
2024+39%
2025+49%'25
2026+50%
Methodology#
Total returns, dividends reinvested, measured on SMH. Annualized return is the compound annual growth rate; the current year is year-to-date. Past performance does not predict future returns.
FAQ#
- What is VanEck Semiconductor ETF's average annual return?
- Since 2001, VanEck Semiconductor ETF (SMH) has returned about 10.4% a year (the compound annual growth rate) and an average calendar-year return of 18.2%.
- What were VanEck Semiconductor ETF's best and worst years?
- Over 2001–2026, the best year was 2003 (+87.3%) and the worst was 2002 (-47.1%).
- How often is VanEck Semiconductor ETF up in a year?
- 15 of the 25 full years since 2001 were positive — about 60% of the time.
More on VanEck Semiconductor ETF
Annual returns for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100