SMH
VanEck Semiconductor ETF
$501.73−5.23 (−1.03%)Close Nov 12, 2026
Jun 5, 2000 – Nov 12, 2026, Dividends reinvested
- Final balance
- $119,741
- CAGR
- +9.85%
- Max drawdown
- −85.92%
- Sharpe ratio
- 0.44
Loading the growth chart…
Growth of $10,000
Trailing returns (%)
SMH's average annual return was 32.01% over the last 10 years and 19.49% over the last 20 years, through Nov 12, 2026. $10,000 in SMH on Nov 11, 2016 grew to $160,664 by Nov 12, 2026, with dividends reinvested.
Total
- 1M
- −15.10%
- 3M
- −14.21%
- 6M
- −10.60%
- YTD
- +39.32%
- 1Y
- +41.56%
Per year
- 3Y
- +47.87%
- 5Y
- +27.99%
- 10Y
- +32.01%
- 15Y
- +27.20%
- 20Y
- +19.49%
- 25Y
- +14.32%
- Since 2000
- +9.85%
Annual returns
2000 from Jun 5 · 2026 through Nov 12
SMH returns by year
| Year | Return |
|---|---|
| 2026 through Nov 12 | +39.32% |
| 2025 | +49.17% |
| 2024 | +39.10% |
| 2023 | +73.38% |
| 2022 | −33.53% |
| 2021 | +42.13% |
| 2020 | +55.53% |
| 2019 | +64.45% |
| 2018 | −9.05% |
| 2017 | +38.48% |
| 2016 | +35.54% |
| 2015 | −0.34% |
| 2014 | +30.22% |
| 2013 | +33.33% |
| 2012 | +8.55% |
Metrics
Since 2000| Volatility | 35.15% |
|---|---|
| Sortino ratio | 0.65 |
| Calmar ratio | 0.11 |
| Best year, 2003 | +87.31% |
| Worst year, 2002 | −47.07% |
| Positive years | 15 of 25 |
| Longest drawdown | 17.3 years |
Worst drawdowns
Since 2000| Decline | Peak | Bottom | Recovered | Length |
|---|---|---|---|---|
| −85.9% | Jun 2000 | Nov 2008 | Oct 2017 | 17.3 years |
| −45.3% | Dec 2021 | Oct 2022 | Jul 2023 | 1.5 years |
| −35.7% | Jul 2024 | Apr 2025 | Jul 2025 | 1 year |
| −33.6% | Feb 2020 | Mar 2020 | Jun 2020 | 4 months |
| −33.1% | Jun 2026 | Nov 2026 | Not yet | 5 months so far |