Seasonal Evaluation for VanEck Semiconductor ETF (SMH)
The following tables show quarterly and semi-annual reports.
In the quarterly breakdown, the first through fourth quarters correspond to spring, summer, fall, and winter, respectively.
Detailed definitions for the semi-annual periods are provided in the table headers.
| Overview | 1st Quarter Jan. - Mar. |
2nd Quarter Apr. - Jun. |
3rd Quarter Jul. - Sep. |
4th Quarter Oct. - Dec. |
|---|---|---|---|---|
| Success Rate | 78.57% | 71.43% | 57.14% | 85.71% |
| Median Return | 8.69% | 4.85% | 3.46% | 8.61% |
| Average Return | 9.88% | 8.95% | 8.94% | 10.52% |
| Maximum Gain | 29.69% | 31.88% | 21.85% | 26.26% |
| Gain Year | 2023 | 2025 | 2016 | 2020 |
| Maximum Loss | -17.16% | -24.49% | -9.13% | -16.42% |
| Loss Year | 2020 | 2022 | 2022 | 2018 |
| Based on the past 14 years (2012-2025) | ||||
| Overview | Winter Season Oct. - Mar. |
Summer Season Apr. - Sep. |
First HY Jan. - Jun. |
Second HY Jul. - Dec. |
|---|---|---|---|---|
| Success Rate | 82.14% | 64.29% | 75.00% | 71.43% |
| Median Return | 8.61% | 3.65% | 7.06% | 7.18% |
| Average Return | 10.21% | 8.95% | 9.43% | 9.86% |
| Maximum Gain | 29.69% | 31.88% | 31.88% | 26.26% |
| Gain Year | 2023 | 2025 | 2025 | 2020 |
| Maximum Loss | -17.16% | -24.49% | -24.49% | -16.42% |
| Loss Year | 2020 | 2022 | 2022 | 2018 |
| Based on the past 14 years (2012-2025) | ||||