How is SMH ETF faring? The VanEck Semiconductor ETF has earned about 1.7% over the past five days and nearly 55% over the past year.
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Fund Flows and Sentiment
The SMH ETF tracks the performance of the MVIS US Listed Semiconductor 25 index. Recently, it has drawn considerable attention due to high-profile deals being conducted in the AI sector.
During the last week, the SMH ETF witnessed net inflows of $39 million, while it has reported net inflows of about $4 billion over the past six months.
Today’s SMH ETF Performance
According to TipRanks’ unique ETF analyst consensus, which is based on a weighted average of analyst ratings on its holdings, SMH is a Strong Buy. The Street’s average price target of $431.13 implies an upside of nearly 11%.
Currently, SMH’s five holdings with the highest upside potential are:
- Marvell Technology (MRVL)
- Nvidia (NVDA)
- Advanced Micro Devices (AMD)
- Universal Display (OLED)
- Skyworks Solutions (SWKS)
Meanwhile, SMH’s top holdings with the highest downside potential are:
Revealingly, SMH’s ETF Smart Score is Eight, implying that this ETF is likely to outperform market expectations.
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