VanEck Semiconductor ETF logo
SPDR S&P 500 ETF Trust logo
SMHVSSPY• Last 12 Months (Normalized)

SMH vs SPY (VanEck Semiconductor ETF vs SPDR S&P 500 ETF Trust)

Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.

SMH Performance $567.01
+95.62%
VanEck Semiconductor ETF
Normalized Baseline0.00%
SPY Performance $770.19
+18.65%
SPDR S&P 500 ETF Trust
Normalized Baseline0.00%
Alpha Spread Margin SMH LEADS
+76.97%
SMH outperforming by 76.97%
SMHSPY
Spread TrajectoryLast 12 Months (Normalized)

Cumulative Performance Trajectory

Interactive divergence comparison normalized at 0.00% on start date.

SMH SPY

Comparative Historical Ledger

Daily closing prices, normalized percentages, and relative spread divergence.

Historical Quotes & Breakdown(253 dates)
DateSMH PriceSMH Gain (%)SPY PriceSPY Gain (%)Spread
Sep 04, 2025$289.86+0.00% $649.12+0.00% +0.00%
Sep 05, 2025$293.28+1.18% $647.24-0.29% +1.47%
Sep 08, 2025$296.52+2.30% $648.83-0.04% +2.34%
Sep 09, 2025$297.81+2.74% $650.33+0.19% +2.55%
Sep 10, 2025$300.83+3.78% $652.21+0.48% +3.30%
Sep 11, 2025$303.93+4.85% $657.63+1.31% +3.54%
Sep 12, 2025$304.32+4.99% $657.41+1.28% +3.71%
Sep 15, 2025$307.17+5.97% $660.91+1.82% +4.15%
Sep 16, 2025$307.21+5.99% $660.00+1.68% +4.31%
Sep 17, 2025$305.25+5.31% $659.18+1.55% +3.76%
Sep 18, 2025$316.97+9.35% $662.26+2.02% +7.33%
Sep 19, 2025$315.71+8.92% $663.70+2.25% +6.67%
Sep 22, 2025$322.17+11.15% $666.84+2.73% +8.42%
Sep 23, 2025$321.70+10.98% $663.21+2.17% +8.81%
Sep 24, 2025$321.11+10.78% $661.10+1.85% +8.93%
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