SMH vs XSD: holdings overlap, shared companies and scores
As of September 11, 2026, SMH and XSD overlap 28.9% by weight. VanEck Semiconductor ETF (SMH): Global semiconductor firms. State Street SPDR S&P Semiconductor ETF (XSD): U.S. semiconductor companies.
Updated September 11, 2026
How much do SMH and XSD overlap?
As of September 11, 2026, SMH and XSD overlap 28.9% by weight.
66% of SMH is already inside XSD.
38% of XSD is already inside SMH.
SMH holds 25 companies and XSD holds 47; 15 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score SMH and XSD?
As of September 11, 2026, ETF Copilot scores SMH 6.8 out of 10 and XSD 5.5 out of 10.
They differ most on Quality: SMH 10.0 and XSD 1.7.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | SMH | XSD |
|---|---|---|
| Growth | 9.6 | 9.6 |
| Valuation | 0.6 | 2.1 |
| Risk | 1.0 | 0.5 |
| Quality | 10.0 | 1.7 |
| Return | 10.0 | 9.7 |
SMH and XSD all charge 0.35% a year
As of September 11, 2026, SMH charges 0.35% a year, yields 0.68% and holds $71.1B in assets across 25 positions.
As of September 11, 2026, XSD charges 0.35% a year, yields 0.68% and holds $2.6B in assets across 47 positions.
| Measure | SMH | XSD |
|---|---|---|
| Expense ratio | 0.35% | 0.35% |
| Dividend yield | 0.68% | 0.68% |
| Assets under management | $71.1B | $2.6B |
| Holdings | 25 | 47 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where SMH and XSD trade against their own history
SMH trades at 40.2 times earnings, against its own median of 20.1, and is more expensive than 95% of its own 114 monthly readings since 2017.
XSD trades at 36.9 times earnings, against its own median of 28.7, and is more expensive than 89% of its own 114 monthly readings since 2017.
What moved SMH and XSD this week
SMH rose 2.9% in the week to September 11, 2026. The holdings that moved it most were Advanced Micro Devices (+13.1%), Marvell Technology (+13.1%) and Intel (+12.3%); Nvidia (−4.4%) pushed the other way.
XSD rose 5.7% in the week to September 11, 2026. The holdings that moved it most were Skyworks Solutions (+23.6%), Maxlinear (+25.4%) and Semtech (+23.5%); Nvidia (−4.4%) pushed the other way.
What do SMH and XSD each hold?
What's inside SMH: Tech 100%, Semiconductors 96%.
72% of SMH is its ten largest holdings.
What's inside XSD: Tech 96%, Semiconductors 85%.
30% of XSD is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “SMH vs XSD holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/smh-vs-xsd
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