SMHX: Concentrated Fabless Semiconductors Coverage In ETF Form (NASDAQ:SMHX)

Just_Super/iStock via Getty Images Introduction To The VanEck Fabless Semiconductor ETF The VanEck Fabless Semiconductor ETF (SMHX), which is backed by the New York-based investment management corporation VanEck, got listed on the 27th of August 2024 and has amassed total AUM of $150 million by the time of writing. SMHX has an expense ratio of 0.35% and makes distributions on an annual basis (every December), with the yield amounting to 0.02%. What Does SMHX Do?  SMHX seeks to offer coverage of a narrow ...