Compare CHIP vs. SMH ETF performance

›Compare ETFs›CHIP vs. SMH ETF comparison

Comparing 2 ETFs	Performance (December 11, 2025 - March 11, 2026)
CHIP +11.80% SMH +8.52%

Comparison analysis

Amundi MSCI Semiconductors UCITS ETF (CHIP) provides exposure to the World Information Technology segment. VanEck Semiconductor ETF (SMH) belongs to the US Info. Technology segment. Both funds use a Direct (Physical) replication method to follow their index and a replication model of Full replication. Both funds invest in the same top 3 sectors: Information Technology and Unavailable. CHIP’s top underlying securities are NVIDIA (28.23%), TWN SEMICONT MAN (14.32%) and BROADCOM LIMITED (13.33%). SMH’s top underlying securities are NVIDIA (18.75%), US8740391003 (10.09%) and BROADCOM LIMITED (6.95%). With a Total Expense Ratio (TER) of 0.35%, CHIP is cheaper than SMH, with 0.35%. CHIP has a 3M average daily volume (ADV) of +€7.6M vs. +$2.72B for SMH. The recorded 1Y bid-ask spread is +18.52bps (CHIP) and +1.90bps (SMH). The table below shows the full side-by-side ETF comparison of CHIP and SMH, with detailed data on performance, flows, liquidity, exposure to individual stocks, segments, sectors, and geographies, helping you select the best ETFs.

	CHIP Amundi MSCI Semiconductors UCITS ETF Acc - EURThis ETF provides exposure to Large and Mid-Cap Global Semiconductors Equities Share class Acc EUR ISIN LU1900066033	SMH VanEck Semiconductor ETF - USDThis ETF provides exposure to US Semiconductors Equities ISIN US92189F6768


Product Type	Passive ETF	Passive ETF
Strategy	Long only	Long only
NAV	€77.99	$401.13
AuM	-	-
Total AuM of fund	€1.22B
Base currency	EUR	USD
E/R	0.35%	0.35%
Rating	Not rated

Provider	Amundi	VanEck
Investment strategy	Amundi MSCI Semiconductors UCITS ETF seeks to replicate, as closely as possible, whether the trend is rising or falling, the performance of the MSCI ACWI IMI Semiconductors & Semiconductor Equipment Filtered Index (the "Index"), and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The anticipated level of tracking error, under normal market conditions, is indicated in the prospectus of the Sub-Fund. For further information, please refer to the fund prospectus or KID.	VanEck Vectors® Semiconductor ETF (SMH®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Listed Semiconductor 25 Index (MVSMHTR), which is intended to track the overall performance of companies involved in semiconductor production and equipment.
Dividend policy	Capitalization	Distribution


Tax optimisation
PEA
UK Reporting

Performance and flows	Perf. Flows	Perf. Flows
1 month	+0.64% To view, create a free account	-3.32% To view, create a free account
3 months	+11.80%	+8.52%
1 year	+80.23%	+87.81%
3 years	+262.55%	+242.22%
5 years	+240.34%	+253.74%
Month to date	+1.45%	-1.22%
Quarter to date	+13.24%	+11.39%
Year to date	+13.24%	+11.39%

Volatility and risk	1 year 3 years 5 years	1 year 3 years 5 years
Volatility	To view, create a free account	To view, create a free account
Perf./Volatility
Max drawdown
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Exposure
Countries
Sectors or issuer types
Number of holdings	66	25
Weight of top 15 holdings
Top 15 holdings	NVIDIA TWN SEMICONT MAN BROADCOM LIMITED ASML HOLDING MICRON TECHNOLOGY ADVANCED MICRO DEVICES SK HYNIX US5128073062 APPLIED MATERIAL KLA CORPORATION INTEL-T TEXAS INSTRUMENTS QUALCOMM ANALOG DEVICES ADVANTEST To view, create a free account	NVIDIA US8740391003 BROADCOM LIMITED MICRON TECHNOLOGY US5128073062 USN070592100 KLA CORPORATION ADVANCED MICRO DEVICES APPLIED MATERIAL TEXAS INSTRUMENTS INTEL-T ANALOG DEVICES QUALCOMM SYNOPSYS CADENCE DESIGN SYSTEMS To view, create a free account

Replication
Benchmark	MSCI ACWI IMI Semiconductors & Semiconductor Equipment Filtered	MVIS US Listed Semiconductor 25 Index
Replication method
Replication model
Trackinsight replication rating	Not rated
Tracking error (1Y)
Tracking difference (1Y)

Sustainability
ESG Consensus®
SDG

Frequently asked questions about CHIP and SMH

How did CHIP and SMH perform in 2026?

As of yesterday, CHIP has delivered a year-to-date performance of 13.24%, while SMH has returned 11.39%.

Which ETF is seeing higher flows: CHIP or SMH?

As of yesterday, CHIP has recorded +€122M in net flows YTD, compared to +€3.54B for SMH since the beginning of the year.

Which ETF shows higher volatility: CHIP or SMH?

As of yesterday, CHIP reported a 1-year volatility of 30.54%, whereas SMH registered volatility 36.85% over the same period.

How do CHIP and SMH differ in sector exposure?

As of yesterday, CHIP is primarily exposed to sectors such as Information Technology, weight 96.90%. The top sectors in SMH feature Information Technology, weight 77.51%.

How do CHIP and SMH differ in geographic exposure?

As of yesterday, CHIP has its largest country exposures in USA, weight 68.34%, Taiwan, weight 16.47% and Netherlands, weight 7.17%. The top countries in SMH feature USA, weight 98.63% and Netherlands, weight 1.37%.

How do CHIP and SMH differ in terms of holdings?

As of yesterday, CHIP include NVIDIA, weight 28.23%, TWN SEMICONT MAN, weight 14.32% and BROADCOM LIMITED, weight 13.33%. The top positions in SMH feature NVIDIA, weight 18.75%, US8740391003, weight 10.09% and BROADCOM LIMITED, weight 6.95%.

Is CHIP or SMH more diversified?

As of yesterday, CHIP holds 66 securities, with 90.06% of its assets allocated to its top 15 positions. SMH, by comparison, includes 25 holdings and has 91.95% concentrated in its top 15.

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