SMH vs FTEC: Complete Comparison
VanEck Semiconductor ETF vs Fidelity MSCI Information Technology Index ETF โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ๏ธHead-to-Head Comparison
๐ SMH wins this comparison
Key Factors
โถAdditional Metrics (3)
Bottom line: SMH wins with better expense ratio and number of holdings. Consider SMH for your portfolio, but FTEC is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
3 shared holdings representing 28.6% portfolio overlap
Top Shared Holdings
| # | Stock | SMH Weight | FTEC Weight | Overlap |
|---|---|---|---|---|
| 1 | NVDA NVDA | 16.92% | 13.85% | 13.85% |
| 2 | AVGO AVGO | 8.91% | 5.12% | 5.12% |
| 3 | AMD AMD | 5.63% | 2.18% | 2.18% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in SMH
Unique to SMH
| Symbol | Name | Weight |
|---|---|---|
| TSM | TSM | 9.45% |
| MU | MU | 6.58% |
| AMAT | AMAT | 5.97% |
| ASML | ASML | 5.68% |
| LRCX | LRCX | 5.64% |
Top Holdings Only in FTEC
Unique to FTEC
| Symbol | Name | Weight |
|---|---|---|
| AAPL | Apple Inc | 16.52% |
| MSFT | Microsoft Corp | 14.18% |
| CRM | Salesforce Inc | 2.42% |
| ORCL | Oracle Corp | 2.35% |
| ADBE | Adobe Inc | 2.02% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.
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