Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
VanEck Fabless Semiconductor ETF (SMHX)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: SMHX (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 33.54% | Avg. Invested days 53 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 18.46 - 32.19 | Updated Date 06/28/2025 |
52 Weeks Range 18.46 - 32.19 | Updated Date 06/28/2025 |
Upturn AI SWOT
VanEck Fabless Semiconductor ETF
ETF Overview
Overview
The VanEck Fabless Semiconductor ETF (FABL) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVISu00ae US Fabless Semiconductor Index. It invests in companies that design and market semiconductors but do not manufacture them, focusing on the fabless semiconductor industry.
Reputation and Reliability
VanEck is a well-established ETF provider with a long track record in the market, known for its thematic and sector-specific ETFs.
Management Expertise
VanEck has a dedicated team of investment professionals with experience in managing sector-focused ETFs and understanding the nuances of the semiconductor industry.
Investment Objective
Goal
To replicate, before fees and expenses, the price and yield performance of the MVISu00ae US Fabless Semiconductor Index.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, aiming to track the MVISu00ae US Fabless Semiconductor Index.
Composition The ETF primarily holds common stocks of fabless semiconductor companies, reflecting the composition of the underlying index.
Market Position
Market Share: FABL's market share is dependent on the overall AUM within the specific niche of fabless semiconductor ETFs, often fluctuating with market conditions and investor interest.
Total Net Assets (AUM): 152123333
Competitors
Key Competitors
- SMH
- SOXX
- XSD
Competitive Landscape
The competitive landscape is dominated by broad semiconductor ETFs like SMH and SOXX. FABL provides a more targeted exposure to fabless companies, which can be beneficial but also results in higher concentration risk. Competitors provide broader semiconductor exposure with lower expense ratios, but they are less specific in their focus.
Financial Performance
Historical Performance: Historical performance varies depending on the time period and semiconductor industry trends. Recent performance can be found on financial websites.
Benchmark Comparison: Performance should be compared to the MVISu00ae US Fabless Semiconductor Index to assess tracking effectiveness. Past performance is not indicative of future results.
Expense Ratio: 0.35
Liquidity
Average Trading Volume
The average trading volume is moderate, which generally provides sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is typically tight, reflecting decent liquidity and ease of trading, but can widen during periods of high volatility.
Market Dynamics
Market Environment Factors
Economic growth, demand for electronic devices, technological innovation, and geopolitical factors influence FABL's performance. Government regulations and trade policies also have an impact.
Growth Trajectory
The growth trajectory is linked to the expansion of the fabless semiconductor industry, driven by increasing demand for semiconductors in various sectors, including mobile devices, automotive, and artificial intelligence. No changes to strategy or holdings were noted.
Moat and Competitive Advantages
Competitive Edge
FABL offers a unique, focused exposure to the fabless semiconductor segment. Its focus on companies that design chips, rather than manufacture them, gives it a distinct advantage in capturing growth from innovative semiconductor designs. The ETF is well diversified within the fabless semiconductor space, mitigating some company-specific risks. VanEck's established brand and expertise in sector ETFs further enhance its position.
Risk Analysis
Volatility
The ETF exhibits high volatility due to its concentration in a specific sector and the inherent cyclicality of the semiconductor industry.
Market Risk
The ETF is susceptible to market risk related to the overall stock market and specific risks associated with the semiconductor industry, including technological obsolescence and intense competition.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking targeted exposure to the fabless semiconductor industry and who understands the inherent risks and volatility associated with sector-specific investments.
Market Risk
FABL is best suited for investors with a higher risk tolerance who are looking for potential long-term growth in the semiconductor sector.
Summary
The VanEck Fabless Semiconductor ETF (FABL) offers a focused investment in the fabless semiconductor industry, tracking the MVISu00ae US Fabless Semiconductor Index. Its expense ratio is 0.35% offering targeted exposure, but it is more concentrated than broader semiconductor ETFs. The ETF is suitable for investors with a higher risk tolerance looking for potential long-term growth in this high growth sector. Investors should consider the fund's volatility and potential cyclical downturns within the industry.
Peer Comparison
Sources and Disclaimers
Data Sources:
- VanEck Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck Fabless Semiconductor ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The Fabless Index is composed of U.S.-listed common stocks of companies that derive at least 50% of their revenues from the semiconductor industry and operate as fabless semiconductor companies. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.