SMH returns by year
VanEck Semiconductor ETF has returned +10.9% annually (CAGR) since 2001. Calendar-year, monthly and weekly total returns for VanEck Semiconductor ETF (SMH) below, through July 2, 2026 — the most recent year is year-to-date.
VanEck Semiconductor ETF returns by year (2001–2026)#
Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return).
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $360.13 | $592.29 | +0.0% | +64.5% | |
| 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% | +64.4% | |
| 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% | -0.4% |
Total return by period
Methodology#
Returns are total returns (dividends reinvested), computed from SMH's split- and dividend-adjusted closes. The bar chart switches between annual and monthly periods. Annualized return is the compound annual growth rate over the full period. The current year is year-to-date. See also the periodic table of returns. Past performance does not predict future returns; not investment advice.
See also: S&P 500 · Nasdaq-100 · Dow Jones · Russell 2000 · US Bond Market · Gold · Silver · Bitcoin · Ethereum
FAQ
- What is VanEck Semiconductor ETF's average annual return?
- Since 2001, VanEck Semiconductor ETF (SMH) has returned about 10.9% a year (the compound annual growth rate) and an average calendar-year return of 18.1%.
- 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.