SMH vs SOXX overlap - what they share and where they differ

SMH and SOXX share 73.9% of their weight across 23 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.

SMH and SOXX

73.9%

23 shared positions

SMH

VanEck Semiconductor ETF

Reported positions cover 100% of the fund, 25 positions · Jun 30, 2026

Top 10: 70.2%·Holdings of SMH

SOXX

iShares Semiconductor ETF

Reported positions cover 100% of the fund, 30 positions · Jun 30, 2026

Top 10: 61.6%·Holdings of SOXX

Reported positions cover SMH 100%, SOXX 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

SOXX vs SMH side by side

SMHVanEck Semiconductor ETF

25

stock positions reported to the SEC

3.9% of its weight is in 2 names SOXX does not hold

SOXXiShares Semiconductor ETF

30

stock positions reported to the SEC

8.1% of its weight is in 7 names SMH does not hold

Where each fund's weight sits

SMH
SOXX
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
97.3%
93.7%
Healthcare
1.5%
3.4%
Basic Materials
0.0%
1.2%

The widest gap is Technology: SMH has 3.5 points more of it.

The figures side by side

SMHSOXX
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported2530
Weight of the ten largest70.2%61.6%
Largest positionNVDA 17.6%MU 8.5%
Held alone2 positions, 3.9%7 positions, 8.1%
Covered by stock positions100%100%

Holdings they share

StockIn SMHIn SOXXCounted
NVDANVIDIA Corp17.55%6.81%6.81%
AMATApplied Materials Inc5.74%5.77%5.74%
MUMicron Technology Inc5.67%8.54%5.67%
AMDAdvanced Micro Devices Inc5.63%8.09%5.63%
KLACKLA Corp5.57%5.64%5.57%
AVGOBroadcom Inc5.28%6.08%5.28%
INTCIntel Corp5.15%6.33%5.15%
LRCXLam Research Corp5.31%4.89%4.89%
MRVLMarvell Technology Inc4.66%5.22%4.66%
TSMTaiwan Semiconductor Manufacturing Co Ltd9.29%4.26%4.26%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in SMH

CDNSCadence Design Systems Inc2.15%
SNPSSynopsys Inc1.79%

Only in SOXX

CRDOCredo Technology Group Holding Ltd.2.01%
ASXASE Technology Holding Co. Ltd.1.22%
ENTGEntegris, Inc.1.22%
MTSIMACOM Technology Solutions Holdings, Inc.1.17%
UMCUnited Microelectronics Corp.1.02%
NOVA LTD.0.77%
RMBSRambus, Inc.0.64%

Questions people ask

Is SMH the same as SOXX?

73.9% of their weight sits in the same 23 holdings. SMH also reports CDNS, SNPS, which the other does not. SOXX also reports CRDO, ASX, ENTG, which the other does not.

How is the overlap between SMH and SOXX measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of SMH and 100% of SOXX, so the number cannot exceed the smaller coverage.

Which holds more, SOXX or SMH?

SMH reports 25 stock positions and SOXX reports 30. 3.9% of SMH's weight sits in names SOXX does not hold, and 8.1% of SOXX's weight in names SMH does not hold. The ten largest positions are 70.2% of SMH and 61.6% of SOXX.

How do SMH and SOXX differ by sector?

The widest gap is Technology: SMH has 3.5 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.