All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

SMH: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

SMH real return snapshot: after CPI-U inflation, SMH returned +88.71% over the past year and +50.86% YTD, with dividends reinvested. Since May 5, 2000, SMH is up +1,158.91% in real purchasing-power return, or +10.14%/yr, and is currently −16.22% below its real total-return high on Jun. 22, 2026.

Data ending Fri Jul. 24, 2026

Growth of $10,000

Fri 2000-05-05💬 to Fri 2026-07-24 Overall
Return
Exponential
Trendline
SMH
×
+1,158.91%
+10.14%/yr
+13.04%/yr
R2=0.772
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Fri 2000-05-05💬 to Fri 2026-07-24 Start
Value
End
Value
SMH
×
$10,000.00
2000-05-05
$125,890.52
2026-07-24

This Year’s Performance

through 2026-07-24

  YTD YoY
SMH
×
+50.86% +88.71%

Drawdowns

  Current
Drawdown
Worst
Drawdown
SMH
×
−16.22%
on 2026-07-24
from 2026-06-22 peak
−85.33%
on 2008-11-20
from 2000-06-21 peak

Rolling Returns

Period ending Fri 2026-07-24 1 yr 2 yr 3 yr 5 yr 10 yr
SMH
×
+88.71% +120.43%
+48.47%/yr
+237.37%
+49.98%/yr
+266.21%
+29.64%/yr
+1,329.70%
+30.47%/yr

Annual Returns

Year SMH
2026 (YTD) +50.86%
2025 +45.29%
2024 +35.20%
2023 +67.76%
2022 −37.57%
2021 +32.79%
2020 +53.44%
2019 +60.78%
2018 −10.75%
2017 +35.61%
2016 +32.79%
2015 −1.06%
2014 +29.25%
2013 +31.36%
2012 +10.01%
2011 +6.02%
2010 +19.33%
2009 +63.90%
2008 −43.82%
2007 +11.86%
2006 −8.91%
2005 +7.32%
2004 −21.86%
2003 +84.27%
2002 −48.22%
2001 −15.80%
2000 −47.86%