Key Differences
| Feature | SMH | VNQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.13% |
| Dividend Yield | 0.3% | 3.7% |
| Holdings | 25 | 150+ |
| Index Tracked | MVIS US Listed Semiconductor 25 Index | MSCI US Investable Market Real Estate 25/50 Index |
| Inception Date | 2011-12-20 | 2004-09-14 |
SMH vs VNQ: Which Is Better?
SMH and VNQ are both widely used by ETF investors, but they serve different portfolio roles depending on diversification goals, sector exposure, and long-term strategy.
SMH is designed for investors seeking semiconductor industry exposure and tracks MVIS US Listed Semiconductor 25 Index. It is commonly used in portfolios focused on technology allocations.
VNQ is designed for investors seeking US equity REITs exposure and tracks MSCI US Investable Market Real Estate 25/50 Index. It is commonly used in portfolios focused on real estate allocations.
Portfolio Overlap
Understanding how much SMH and VNQ overlap in their underlying holdings is key to evaluating whether combining them adds diversification or creates redundancy in your portfolio.
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