UCITS Equivalent of SMH

SMH, VanEck Semiconductor ETF, has no exact UCITS twin. The closest is VVSM (VanEck Semiconductor UCITS ETF, accumulating, ISIN IE00BMC38736): it tracks the MarketVector US Listed Semiconductor 10% Capped Screened and costs the same 0.35% a year as SMH. Data as of October 23, 2026.

In the EU, the closest to SMH is VVSM

US · not sold in the EUSMHVanEck Semiconductor ETF

Index
MVIS US Listed Semiconductor 25
Fee
0.35%
Companies
26
Dividends
Paid out
Based in
United States
Trades in
USD

UCITS · EUVVSMVanEck Semiconductor UCITS ETF

Index
MarketVector US Listed Semiconductor 10% Capped Screened (differs from the US fund)
Fee
0.35%
Companies
25 (differs from the US fund)
Dividends
Reinvested (differs from the US fund)
Based in
Ireland (differs from the US fund)
Trades in
EUR · Xetra (differs from the US fund)
Top 10 shared
9 of 10
Ticker: VVSMISIN: IE00BMC38736
  • SEC00.35%iShares MSCI Global Semiconductors UCITS ETF USD (Acc)
  • LSMC0.35%Amundi MSCI Semiconductors UCITS ETF Acc

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Other US ETFs in the EU

All 21 US ETFs and their UCITS twins

SMH and VVSM side by side

SMHVanEck Semiconductor ETF

Index
MVIS US Listed Semiconductor 25
Fee a year
0.35%
Holdings
26 (Sep 30, 2026)
Dividends
Paid out
Domicile
United States
Replication
Not in our data
Fund size
Not in our data
Listings
Nasdaq: SMH in USD
ISIN
US92189F6768

VVSMVanEck Semiconductor UCITS ETF

Index
MarketVector US Listed Semiconductor 10% Capped Screened
Fee a year
0.35%
Holdings
25 (Sep 30, 2026)
Dividends
Reinvested
Domicile
Ireland
Replication
Physical, every holding
Fund size
€7.3B (Oct 22, 2026)
Listings
Xetra: VVSM in EUR; London: SMH in USD and SMGB in GBP
ISIN
IE00BMC38736

Is VVSM the same as SMH?

Not exactly: VVSM is the closest UCITS fund to SMH, not a copy of it. Top 10 holdings in common: 9 of 10 (79% of SMH's top-10 weight). VVSM tracks a version of the same MarketVector US Listed Semiconductor index, with each company capped at 10% and an ESG screen: 25 companies against 26 in SMH.

Compare any two funds in the ETF overlap calculator, or see what your whole portfolio costs a year.

Is VVSM accumulating or distributing?

VVSM is accumulating: it reinvests the dividends inside the fund. There is no distributing class.

Where is VVSM domiciled?

VVSM is domiciled in Ireland, under the EU's UCITS rules for funds. Most UCITS ETFs are domiciled in Ireland or Luxembourg. What Irish domicile means for US dividends.

Why can't I buy SMH in the EU?

SMH is a US fund that publishes no KID, the key information document EU rules require for every fund sold to retail investors, so EU brokers cannot offer it to you. The full answer.

How do I buy VVSM?

Search VVSM or its ISIN IE00BMC38736 at your broker. It trades on Xetra in euros as VVSM. In London it trades as SMH in USD and SMGB in GBP.

Where the data comes from

Source: VanEck documents, as of October 23, 2026: SMH, VVSM.

The top-10 overlap compares the ten largest holdings of SMH and of VVSM, as our portfolio analysis reads them: how many names they share, and how much of SMH's top-10 weight those names make up.

How we choose the twin: the closest index first, then the lowest fee among plain index funds.

Data as of October 23, 2026.

Frequently asked questions

Is VVSM cheaper than SMH?

They cost the same: 0.35% a year. On €10,000, both cost €35 a year.

How many companies does VVSM hold?

25 (Sep 30, 2026), against 26 in SMH (Sep 30, 2026).

How big is VVSM?

€7.3B across its share classes (Oct 22, 2026).

What are the alternatives to VVSM?

On the same or a nearby index: SEC0 (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) at 0.35% and LSMC (Amundi MSCI Semiconductors UCITS ETF Acc) at 0.35%.

Not investment advice

This page compares published fund facts: indexes, fees, holdings and listings. It does not tell you what to buy or sell. Read the fund's KID and check with your broker before you invest; taxes depend on where you live.