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The vaneck semiconductor etf is not sponsored, endorsed, sold or promoted by marketvector indexes gmbh and marketvector indexes gmbh makes no representation regarding the advisability of investing in the fund. The vaneck semiconductor etf (smh) and the vaneck fabless semiconductor etf (smhx) both offer a diversified etf approach to capture opportunities across the entire industry. Vaneck semiconductor etf has had a strong performance in q1 of 2024 versus the prior quarter, up 28.9%
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Performance was positive for most of the portfolio, with exposure to nvidia corp Smh targets publicly traded companies that derive the majority of their revenue from these activities. ($nvda) being the largest positive contributor over the quarter.
To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit vaneck.com/etfs
Please read the prospectus and summary prospectus carefully before investing. Investing in the vaneck semiconductor etf (smh) is one way to access this opportunity Smh offers broad exposure to the semiconductor industry, helping to diversify risk while capitalizing on the industry's overall growth potential. Shareholders or potential shareholders of the vaneck etfs should obtain their own independent tax advice based on their particular circumstances
For more complete information about the vaneck etfs, contact your investment representative and request a prospectus or visit www.vaneck.com. Semiconductors include memory, microprocessors and standard chips, as well as “systems on a chip” (soc’s) that power ev and autonomous vehicles