All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

SMH vs. SPY: Total Return Chart (with Dividends Reinvested)

Growth of $10,000

Fri 2000-05-05💬 to Wed 2026-09-02 Overall
Return 		Exponential
Trendline
SMH × 		+2,312.53%
+12.85%/yr 		+15.81%/yr
R2=0.825
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund
SPY × 		+748.64%
+8.46%/yr 		+9.59%/yr
R2=0.903
State Street SPDR S&P 500 ETF Trust Exchange-Traded Fund

Growth of $10,000 Summary

Fri 2000-05-05💬 to Wed 2026-09-02 Start
Value 		End
Value
SMH × 		$10,000.00
2000-05-05 		$241,253.42
2026-09-02
SPY × 		$10,000.00
2000-05-05 		$84,864.36
2026-09-02

This Year’s Performance

through 2026-09-02

  YTD YoY
SMH × 		+52.86% +92.75%
SPY × 		+12.80% +20.83%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SMH × 		−17.70%
on 2026-09-02
from 2026-06-22 peak 		−83.04%
on 2002-10-09
from 2000-06-21 peak
SPY × 		−1.64%
on 2026-09-02
from 2026-08-13 peak 		−55.19%
on 2009-03-09
from 2007-10-09 peak

Rolling Returns

Period ending Wed 2026-09-02 1 yr 2 yr 3 yr 5 yr 10 yr
SMH × 		+92.75% +127.82%
+50.94%/yr 		+257.20%
+52.86%/yr 		+318.60%
+33.16%/yr 		+1,710.28%
+33.59%/yr
SPY × 		+20.83% +38.96%
+17.88%/yr 		+76.03%
+20.74%/yr 		+80.65%
+12.56%/yr 		+311.36%
+15.19%/yr

Annual Returns

Year SMH SPY
2026 (YTD) +52.86% +12.80%
2025 +49.17% +17.72%
2024 +39.10% +24.89%
2023 +73.38% +26.18%
2022 −33.53% −18.18%
2021 +42.13% +28.73%
2020 +55.53% +18.33%
2019 +64.45% +31.22%
2018 −9.05% −4.57%
2017 +38.48% +21.71%
2016 +35.54% +12.00%
2015 −0.34% +1.23%
2014 +30.22% +13.46%
2013 +33.33% +32.31%
2012 +11.92% +15.99%
2011 +9.17% +1.90%
2010 +21.12% +15.06%
2009 +68.36% +26.35%
2008 −43.77% −36.79%
2007 +16.44% +5.15%
2006 −6.62% +15.85%
2005 +11.00% +4.83%
2004 −19.32% +10.70%
2003 +87.73% +28.18%
2002 −46.99% −21.58%
2001 −14.50% −11.76%
2000 −47.05% −9.74%
1999 — +20.39%
1998 — +28.69%
1997 — +33.48%
1996 — +22.56%
1995 — +38.04%
1994 — +0.40%
1993 — +8.64%