# VanEck Semiconductor UCITS ETF Accum A USD (SMGB) **Source:** https://fundology.uk/fund/smgb · ISIN IE00BMC38736 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, SMGB (VanEck Semiconductor UCITS ETF Accum A USD, ISIN IE00BMC38736) closed at £86.25 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 30/09/2026 its total return was +162.9%, or +105.5% after UK CPIH inflation. ## Summary VanEck Semiconductor UCITS ETF Accum A USD is an exchange-traded fund (ETF) from VanEck, launched in 2020. It tracks the MarketVector US Listed Semiconductor 10% Capped Screened Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£86.25** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | SMGB | | ISIN | IE00BMC38736 | | Category | Technology | | Type | ETF | | Provider | VanEck | | Tracks | MarketVector US Listed Semiconductor 10% Capped Screened Index | | Income | Accumulating | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £5.4bn | | Launched | 2020 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +113.88% | +107.17% | income reinvested | | 3 years | +290.88% | +252.72% | income reinvested | | 5 years | +162.90% | +105.52% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of VanEck Semiconductor UCITS ETF Accum A USD in pounds (price, with income reinvested in the fund): 2022 −27.8%, 2023 +66.2%, 2024 +27.1%, 2025 +36.9%; 2026 to 30/09/2026 +87.9%. Returns of VanEck Semiconductor UCITS ETF Accum A USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +114.8%; to 30/09/2025: +24.8%; to 30/09/2024: +44.8%; to 30/09/2023: +40.5%; to 30/09/2022: −17.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -27.8% | -33.9% | Price | | 2023 | +66.2% | +59.5% | Price | | 2024 | +27.1% | +22.8% | Price | | 2025 | +36.9% | +32.2% | Price | | 2026 to 30/09/2026 | +87.9% | +82.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 33.62% | -18.91% | | 3 years | 31.67% | -34.53% | | 5 years | 30.48% | -34.53% | ## Largest fall Volatility of VanEck Semiconductor UCITS ETF Accum A USD in pounds, annualised from weekly returns to 30/09/2026: 33.6% over 1 year, 31.7% over 3 years, 30.5% over 5 years. Largest fall in the price of VanEck Semiconductor UCITS ETF Accum A USD since October 2021, in pounds: −34.5% from 12/07/2024 to 04/04/2025. The lowest 12-month return of VanEck Semiconductor UCITS ETF Accum A USD in pounds (price, with income reinvested in the fund) since January 2021 was −27.8% (12 months to 30/12/2022); the highest was +186.2% (12 months to 19/06/2026). On 30/09/2026 the price of VanEck Semiconductor UCITS ETF Accum A USD was 7.8% below its highest weekly close since October 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of VanEck Semiconductor UCITS ETF Accum A USD 0.35% a year, as of 01/10/2026: 92 of the 118 other technology funds charge more, 8 the same and 18 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.35%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | Advanced Micro Devices | 10.99% | | TSMC | 9.98% | | Micron Technology | 9.88% | | NVIDIA | 9.73% | | Broadcom | 9.18% | | SK hynix | 8.83% | | ASML | 8.41% | | Intel | 6.74% | | Applied Materials | 4.41% | | Lam Research | 4.41% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By country Added up from the holdings VanEck publishes, as of 30/09/2026. | Country | Weight | |---|---| | United States | 71.7% | | Taiwan | 10.0% | | Netherlands | 8.9% | | South Korea | 8.8% | | Switzerland | 0.5% | | Not classified | 0.1% | ### By type of asset Added up from the holdings VanEck publishes, as of 30/09/2026. | Type of asset | Weight | |---|---| | Equity | 100.0% | | Cash and money market | 0.1% | All 26 holdings: https://fundology.uk/fund/smgb/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.