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

Total Real Returns

SMH,VGT: Total Return Chart (with Dividends Reinvested)

Fri 2004-01-30? to Thu 2026-04-02 YTD
Return 		TR
Price
SMH × 		+8.94%
2026-04-02 		0.5316 TR
2026-04-02
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund
VGT × 		−5.44%
2026-04-02 		14.87 TR
2026-04-02
Vanguard Information Technology Index Fund ETF Shares Exchange-Traded Fund

Returns

Fri 2004-01-30? to Thu 2026-04-02 Overall
Return 		Exponential
Trendline
SMH × 		+3,353.55%
+17.32%/yr 		+19.22%/yr
(R2=0.915)
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund
VGT × 		+1,386.93%
+12.95%/yr 		+14.83%/yr
(R2=0.933)
Vanguard Information Technology Index Fund ETF Shares Exchange-Traded Fund

Growth of $10,000

Fri 2004-01-30? to Thu 2026-04-02 Start
Value 		End
Value
SMH × 		$10,000.00
2004-01-30 		$345,355.15
2026-04-02
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund
VGT × 		$10,000.00
2004-01-30 		$148,693.03
2026-04-02
Vanguard Information Technology Index Fund ETF Shares Exchange-Traded Fund

Annual Returns

Year SMH VGT
2026 (YTD) +8.94% −5.44%
2025 +49.17% +21.29%
2024 +39.10% +28.57%
2023 +73.38% +51.67%
2022 −33.53% −30.21%
2021 +42.13% +29.62%
2020 +55.53% +44.69%
2019 +64.45% +47.00%
2018 −9.05% +1.42%
2017 +38.48% +35.77%
2016 +35.54% +12.39%
2015 −0.34% +3.82%
2014 +30.22% +16.85%
2013 +33.33% +29.74%
2012 +11.92% +12.78%
2011 +9.17% −0.15%
2010 +21.12% +12.20%
2009 +68.36% +61.24%
2008 −43.77% −43.30%
2007 +6.83% +14.49%
2006 −6.73% +8.61%
2005 +10.91% +2.83%
2004 −19.33% −3.96%
2003 +87.70% —
2002 −46.99% —
2001 −14.51% —
2000 −98.21% —

Drawdowns

Fri 2004-01-30? to Thu 2026-04-02 Current
Drawdown 		Worst
Drawdown
SMH × 		−7.94% −59.68%
2008-11-20
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund
VGT × 		−11.06% −54.75%
2008-11-20
Vanguard Information Technology Index Fund ETF Shares Exchange-Traded Fund