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

Fri 2005-09-02 to Fri 2025-12-19	YTD Return	TRR Price
SMH ×	+43.05% 2025-12-19	4.064 TRR 2025-12-19
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

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Returns

Fri 2005-09-02 to Fri 2025-12-19	Overall Return	Exponential Trendline
SMH ×	+2,058.97% +16.34%/yr	+18.08%/yr (R2=0.926)
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

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Growth of $10,000

Fri 2005-09-02 to Fri 2025-12-19	Start Value	End Value
SMH ×	$10,000.00 2005-09-02	$215,896.97 2025-12-19
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

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Annual Returns

Year	SMH
2025 (YTD)	+43.05%
2024	+35.20%
2023	+67.76%
2022	−37.57%
2021	+32.78%
2020	+53.45%
2019	+60.79%
2018	−10.76%
2017	+35.63%
2016	+32.78%
2015	−1.07%
2014	+29.25%
2013	+31.32%
2012	+10.01%
2011	+6.04%
2010	+19.31%
2009	+63.93%
2008	−43.83%
2007	+2.65%
2006	−9.03%
2005	+7.23%
2004	−21.88%
2003	+84.22%
2002	−48.22%
2001	−15.79%
2000	−71.82%

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Drawdowns

Fri 2005-09-02 to Fri 2025-12-19	Current Drawdown	Worst Drawdown
SMH ×	−4.84%	−60.74% 2008-11-20
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund