SMH vs XSD: how much do they overlap?

VanEck Semiconductor ETF (SMH) · SPDR S&P Semiconductor ETF (XSD)

26.6%

overlap by weight · 15 shared holdings

SMH: 25 holdings (as of 2026-03-31) · XSD: 47 holdings (as of 09-Jul-2026)

Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.

Low overlap

What this means

SMH and XSD hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.

Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.

Top shared holdings

CompanyTickerin SMHin XSD
Advanced Micro Devices Inc AMD 4.68% 2.79%
Micron Technology Inc MU 4.23% 2.56%
Texas Instruments Inc TXN 4.61% 2.51%
Broadcom Inc AVGO 7.79% 2.48%
Intel Corp INTC 4.34% 2.42%
NVIDIA Corp NVDA 19.64% 2.32%
QUALCOMM Inc QCOM 4.09% 2.31%
Analog Devices Inc ADI 4.7% 2.3%
Marvell Technology Inc MRVL 2.35% 2.22%
NXP Semiconductors NV NXPI 1.24% 2.34%

FAQ

How much do SMH and XSD overlap?

SMH and XSD have a 26.6% overlap by weight, sharing 15 holdings (out of 25 in SMH and 47 in XSD), based on official issuer holdings as of 2026-03-31.

What does 26.6% overlap mean?

SMH and XSD hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.

Which stocks do SMH and XSD both hold?

The largest shared positions are Advanced Micro Devices Inc, Micron Technology Inc, Texas Instruments Inc, Broadcom Inc, Intel Corp. The full list of top shared holdings with weights in each fund is shown on this page.

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