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 +36.33% over the past year and +38.01% YTD, with dividends reinvested. Since May 5, 2000, SMH is up +945.50% in real purchasing-power return, or +9.26%/yr, and is currently −23.36% below its real total-return high on Jun. 22, 2026.

Data ending Tue Nov. 3, 2026

Growth of $10,000

Fri 2000-05-05💬 to Tue 2026-11-03 Overall
Return
Exponential
Trendline
SMH
×
+945.50%
+9.26%/yr
+12.80%/yr
R2=0.740
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Fri 2000-05-05💬 to Tue 2026-11-03 Start
Value
End
Value
SMH
×
$10,000.00
2000-05-05
$104,549.87
2026-11-03

This Year’s Performance

through 2026-11-03

  YTD YoY
SMH
×
+38.01% +36.33%

Drawdowns

  Current
Drawdown
Worst
Drawdown
SMH
×
−23.36%
on 2026-11-03
from 2026-06-22 peak
−86.58%
on 2008-11-20
from 2000-06-21 peak

Rolling Returns

Period ending Tue 2026-11-03 1 yr 2 yr 3 yr 5 yr 10 yr
SMH
×
+36.33% +99.30%
+41.17%/yr
+219.86%
+47.34%/yr
+209.57%
+25.36%/yr
+1,167.70%
+28.91%/yr

Annual Returns

Year SMH
2026 (YTD) +38.01%
2025 +45.29%
2024 +35.20%
2023 +67.76%
2022 −37.57%
2021 +32.79%
2020 +53.44%
2019 +60.78%
2018 −9.01%
2017 +37.57%
2016 +33.87%
2015 +1.13%
2014 +30.76%
2013 +33.48%
2012 +12.37%
2011 −5.53%
2010 +19.33%
2009 +63.08%
2008 −43.82%
2007 +2.45%
2006 −8.95%
2005 +7.29%
2004 −21.88%
2003 +84.23%
2002 −48.22%
2001 −15.80%
2000 −47.86%