SMH Stock Summary and Trading Ideas (Vaneck Semiconductor ETF | ARCA:SMH)

The Market Semiconductor ETF (SMH) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Listed Semiconductor 25 Index. The Index is a rules-based index intended to track the overall performance of 25 of the largest U.S. listed, publicly traded semiconductor companies.

Vaneck Semiconductor ETF trades on the ARCA stock market under the symbol SMH.

As of December 27, 2024, SMH stock price declined to $248.40 with 3,637,744 million shares trading.

SMH has a beta of 2.47, meaning it tends to be more sensitive to market movements. SMH has a correlation of 0.73 to the broad based SPY ETF.

SMH has a market cap of $23.94 billion. This is considered a Large Cap stock.

In the last 3 years, SMH traded as high as $283.07 and as low as $83.49.

SMH has outperformed the market in the last year with a price return of +42.0% while the SPY ETF gained +26.6%. However, in the short term, SMH had mixed performance relative to the market. It has underperformed in the last 3 months, returning -1.2% vs +4.3% return in SPY. But in the last 2 weeks, SMH shares have fared better than the market returning +2.5% compared to SPY -1.2%.

SMH support price is $246.39 and resistance is $255.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SMH shares will trade within this expected range on the day.