VanEck Fabless Semiconductor ETF (SMHX)
VanEck Fabless Semiconductor ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $55.67, up 0.92% on the session, giving a market capitalisation of $177.6M. Its beta of 2.45 implies it has historically moved more than the broad market.
The VanEck Fabless Semiconductor ETF aims to mirror, with the highest possible accuracy and before accounting for any fees or expenses, the overall investment returns—both capital gains and income—of the MarketVector US Listed Fabless Semiconductor Index. This Index is specifically designed to measure the aggregate performance of companies primarily engaged in the semiconductor production sector that operate using a "fabless" business model.
VanEck Fabless Semiconductor ETF is most often compared with the following Financial Services names: