Why VanEck Semiconductor ETF moves
VanEck Semiconductor ETF rose on Lam Research's buyback.
Written after the close on ·
Updated 02:00 with news that came after the close
Why today
16,413 news analyzed todayVanEck Semiconductor ETF rose on Lam Research's buyback.
Over the same session the S&P 500 rose slightly, so the fund moved more than the market.
Lam Research announced a $25 billion buyback, and it is a top holding in the fund.
The buyback likely helped lift chip stocks in the session.
Over the last five trading days the fund fell sharply, and the move was very big for it.
Today's move of +3.62% was 2.3 times a normal day's 1.6%. S&P 500 moved +0.31% on the same day.
VanEck Semiconductor ETF +3.62%S&P 500 +0.31%Much stronger than the market
What the key figures say about VanEck Semiconductor ETF
The figures connect what VanEck Semiconductor ETF earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $0.70–$1.20.
The dividend explained
A dividend is money paid to shareholders. VanEck Semiconductor ETF paid $1.10 per share in the twelve months through November 6, 2026.
On the ex-dividend day, December 22, 2025, VanEck Semiconductor ETF traded without the right to the $1.10 dividend. The price went from $356.23 to $359.70; including the dividend, the day's change was +1.3%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2016: $0.292017: $0.702018: $0.822019: $1.062020: $0.752021: $0.792022: $1.202023: $1.042024: $1.072025: $1.10
What followed similar falls?
Including reinvested dividends, VanEck Semiconductor ETF fell 11.2% over the latest five trading days. Since November 7, 2016, falls at least this large were followed by a higher value 21 trading days later in 5 out of 8 non-overlapping periods. The median was +5.8%, against +2.9% for an ordinary 21-day period, which ended higher 65 times in 100.
Such a fall has not said much about the next month.
+5.8% · 5/8
$10,000 in VanEck Semiconductor ETF bought on November 7, 2016 is worth $148,000 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in VanEck Semiconductor ETF be worth today? →
What would $10,000 in VanEck Semiconductor ETF be worth today?
$148,000
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
The five biggest days of the journey
· +17.2% · the whole market rose 9.5% the same day
· −14.4% · the whole market fell 12.0% the same day
· −11.2% · the whole market fell 4.4% the same day · Why?
· −10.6% · the whole market fell 9.5% the same day
· +10.3% · the whole market rose 9.4% the same day
Earlier days
−11.20% market −2.70% VanEck Semiconductor ETF, a fund that holds chip company shares, fell sharply over the week, a very big move for it. Read →
VanEck Semiconductor ETF, a fund that holds chip company shares, fell sharply over the week, a very big move for it.
The S&P 500 also fell sharply, so SMH dropped more than the broad market.
Chip stocks had their worst selling after Democrats won control of Congress, raising fears of tighter rules on AI data center construction.
Last session, SMH rebounded sharply while the S&P 500 rose only slightly.
−11.21% market −4.41% VanEck Semiconductor ETF fell, a rare, very big move. Read →
VanEck Semiconductor ETF fell, a rare, very big move.
The S&P 500 also fell very sharply, so the fund dropped more than the broader market.
Chip stocks sold off on worries that Democrats' midterm wins could slow the data-center buildout for AI.
Intel, AMD and Nvidia were among the names that fell, and volume was well above normal.
Over the last five trading days the fund also fell very sharply, and this move was about six times a normal five-day stretch.
−2.75% market +1.65% VanEck Semiconductor ETF fell, moving against a rising market. Read →
VanEck Semiconductor ETF fell, moving against a rising market.
No single company news clearly explains the drop.
Over the last five trading days, the ETF fell sharply, moving more than the S&P 500, which fell slightly.
The fall was very big compared with its normal five-day swings, and trading volume ran at about twice its usual level.
Likely reasons are the broader selloff in chip and AI stocks, with Intel's weak forecast and Qualcomm's shares dropping after its results.
−6.98% market −1.77% VanEck Semiconductor ETF fell, moving far more than the market. Read →
VanEck Semiconductor ETF fell, moving far more than the market.
Over the same session the S&P 500 also fell sharply, though by less.
The fall was likely driven by a broad tech and chip selloff, partly triggered by Intel's steep share drop after its weak outlook for the coming quarter.
Intel's warning pressured chipmakers more broadly, while worries about heavy AI spending across big tech added to the pressure.
Trading volume was well above normal, showing heavy selling.
−0.89% market −0.56% VanEck Semiconductor ETF, a fund that tracks chip stocks on Nasdaq, was roughly flat over the week, slipping less than the market. Read →
VanEck Semiconductor ETF, a fund that tracks chip stocks on Nasdaq, was roughly flat over the week, slipping less than the market.
The sharp drop on Friday came after Intel's steep fall on its weak outlook, which hit chip stocks broadly.
Intel's shares fell about 29%, dragging the semiconductor index lower.
The fund moved less than the S&P 500 over the five days, which fell slightly.
+3.02% market +0.56% VanEck Semiconductor ETF rose clearly without company news. Read →
VanEck Semiconductor ETF rose clearly without company news.
VanEck Semiconductor ETF is an exchange-traded fund, a basket of chip company shares that trades like a single stock.
Over the same day the S&P 500 also rose clearly, so the move was broadly in line with the wider market.
The fund traded at a usual volume.
Over the last five trading days it rose slightly while the S&P 500 was roughly flat.
+2.74% market +0.71% VanEck Semiconductor ETF rose clearly without company news. Read →
VanEck Semiconductor ETF rose clearly without company news.
The S&P 500 also rose clearly that day, so the ETF moved roughly in line with the broad market, a basket of large US stocks.
Taken alone, the stock-specific news from that session is mostly commentary and does not explain a clear, separate move.
Over the last five trading days, the ETF fell slightly while the S&P 500 was roughly unchanged.
−2.33% market −0.43% VanEck Semiconductor ETF slipped slightly over the last five trading days, moving more than the broad market. Read →
VanEck Semiconductor ETF slipped slightly over the last five trading days, moving more than the broad market.
The S&P 500 also fell slightly, so the pullback looks more sector-driven than market-wide.
Chip stocks sold off around Thursday as worries about AI spending, which is companies' investment in data centers and computing power, hit tech shares hard.
Day-to-day moves have otherwise been ordinary for the fund, and trading activity looks normal.
−5.99% market −1.18% VanEck Semiconductor ETF, traded on Nasdaq, fell very sharply in the last session. Read →
VanEck Semiconductor ETF, traded on Nasdaq, fell very sharply in the last session.
It fell more than the broader market, which dropped sharply over the same day.
The move was very big for this fund, roughly four times a normal day, and trading was well above its usual level.
The news from the last session points to a broad selloff in chip stocks, with no single company event clearly driving it.
Reports from that day cited supply chain worries and a fall in KLA and Lam Research shares, which likely weighed on the wider sector.