FTXL vs SMH overlap - what they share and where they differ
FTXL and SMH share 59.1% of their weight across 19 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
FTXL and SMH
59.1%
19 shared positions
FTXL
First Trust Nasdaq Semiconductor ETF
Reported positions cover 99% of the fund, 34 positions · Jun 30, 2026
Top 10: 67.3%·Holdings of FTXL
SMH
VanEck Semiconductor ETF
Reported positions cover 100% of the fund, 25 positions · Jun 30, 2026
Top 10: 70.2%·Holdings of SMH
Reported positions cover FTXL 99%, SMH 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SMH vs FTXL side by side
FTXLFirst Trust Nasdaq Semiconductor ETF
34
stock positions reported to the SEC
12.9% of its weight is in 15 names SMH does not hold
SMHVanEck Semiconductor ETF
25
stock positions reported to the SEC
20.7% of its weight is in 6 names FTXL does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: SMH has 2.7 points more of it.
The figures side by side
| FTXL | SMH | |
|---|---|---|
| Filing date | Jun 30, 2026 | Jun 30, 2026 |
| Stock positions reported | 34 | 25 |
| Weight of the ten largest | 67.3% | 70.2% |
| Largest position | INTC 13.3% | NVDA 17.6% |
| Held alone | 15 positions, 12.9% | 6 positions, 20.7% |
| Covered by stock positions | 99% | 100% |
Holdings they share
| Stock | In FTXL | In SMH | Counted |
|---|---|---|---|
| MUMICRON TECHNOLOGY INC | 12.14% | 5.67% | 5.67% |
| AMDADVANCED MICRO DEVICES INC | 6.29% | 5.63% | 5.63% |
| INTCINTEL CORP | 13.28% | 5.15% | 5.15% |
| NVDANVIDIA CORP | 4.79% | 17.55% | 4.79% |
| AVGOBROADCOM INC | 4.72% | 5.28% | 4.72% |
| MRVLMARVELL TECHNOLOGY INC | 7.91% | 4.66% | 4.66% |
| KLACKLA CORP | 4.29% | 5.57% | 4.29% |
| AMATAPPLIED MATERIALS INC | 4.21% | 5.74% | 4.21% |
| LRCXLAM RESEARCH CORP | 4.02% | 5.31% | 4.02% |
| QCOMQUALCOMM INC | 5.63% | 3.74% | 3.74% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FTXL
Only in SMH
Questions people ask
Is FTXL the same as SMH?
59.1% of their weight sits in the same 19 holdings. FTXL also reports AMKR, ENTG, CRUS, which the other does not. SMH also reports TSM, ASML, CDNS, which the other does not.
How is the overlap between FTXL and SMH measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of FTXL and 100% of SMH, so the number cannot exceed the smaller coverage.
Which holds more, SMH or FTXL?
FTXL reports 34 stock positions and SMH reports 25. 12.9% of FTXL's weight sits in names SMH does not hold, and 20.7% of SMH's weight in names FTXL does not hold. The ten largest positions are 67.3% of FTXL and 70.2% of SMH.
How do FTXL and SMH differ by sector?
The widest gap is Technology: SMH has 2.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.