VanEck Fabless Semiconductor ETF Outperforms With 58% Gain in 2026
SMHX surges 58.48% year-to-date by excluding TSMC and focusing on AI chip designers like NVIDIA and AMD. The VanEck Fabless Semiconductor ETF (NASDAQ:SMHX) has climbed 58.48% year-to-date through July 6, 2026, driven by holdings in AI chip designers such as NVIDIA and AMD.