SMH vs SPXU

VanEck Semiconductor ETF vs ProShares UltraPro Short S&P500

Quick take
  • SMH has the lower expense ratio at 0.35% vs 0.90% for SPXU.
  • SPXU pays a higher dividend yield (6.85%).

Side-by-side metrics

MetricSMHSPXU
Expense ratio
Annual fee. Lower is better.
0.35%0.90%
Dividend yield
Trailing 12-month yield.
0.17%6.85%
AUM
Assets under management — bigger funds are typically more liquid.
$77.20B$427M
YTD return
64.66%-23.50%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
1.98-2.75
P/E ratio
39.75
Last price
$613.98$36.42
Inception
Issuer
VanEckProShares

SMH top holdings

Top holdings · SMH
NVDANVIDIA Corp17.75%
TSMTaiwan Semiconductor Manufacturing Co Ltd ADR9.19%
MUMicron Technology Inc5.84%
AMATApplied Materials Inc5.73%
AMDAdvanced Micro Devices Inc5.43%
AVGOBroadcom Inc5.41%
KLACKLA Corp5.34%
LRCXLam Research Corp5.23%
INTCIntel Corp5.04%
ASMLASML Holding NV ADR4.95%
Sector breakdown · SMH
Technology100.0%

SPXU top holdings

Top holdings · SPXU
IQMMProShares GENIUS Money Market ETF78.53%

About SMH

SMH (VanEck Semiconductor ETF) is 25 largest semiconductor companies. Managed by VanEck, the fund carries $77.2B in assets under management, an expense ratio of 0.35%, a dividend yield of 0.17%. Its largest holding is NVIDIA Corp (NVDA), which represents 17.8% of the portfolio. Technology is the fund's largest sector exposure at 100.0%.

About SPXU

SPXU (ProShares UltraPro Short S&P500) is 3x inverse daily performance of the S&P 500. Managed by ProShares, the fund carries $427M in assets under management, an expense ratio of 0.90%, a dividend yield of 6.85%. Its largest holding is ProShares GENIUS Money Market ETF (IQMM), which represents 78.5% of the portfolio.