Manhattan Associates Inc vs VanEck Semiconductor ETF — how do they compare? Manhattan Associates Inc trades at $204.05 (market cap $12.06B), while VanEck Semiconductor ETF trades at $603.92 (market cap $73.92B). The key difference: VanEck Semiconductor ETF is far larger — about 6.1× Manhattan Associates Inc's market cap, and Manhattan Associates Inc is more actively traded (376,150 versus 11,050,892). Which is the better fit depends on your goals — on Pluang, investors hold Manhattan Associates Inc for 12 Days and VanEck Semiconductor ETF for 101 Days on average.
| MANH | SMH | |
|---|---|---|
Market Cap | $12.06B | $73.92B |
Volume | 376,150 | 11,050,892 |
Sector | Technology | — |
52-Week High | $223.76 | $668.91 |
52-Week Low | $120.88 | $325.10 |
Typical Hold Time | 12 Days | 101 Days |
Enterprise Value | $11.93B | — |
Signals from Pluang's Aura AI — not financial advice
MANH trades at $204.89, up 1.38% on the day, with a bullish technical trend and strong profitability metrics including a 96.38% ROE and 18.67% net income margin. The stock has consistently beaten earnings estimates in recent quarters, though high valuation ratios like a P/E of 59.26 suggest premium pricing. Recent news includes a mix of positive product launches and ongoing legal investigations into fiduciary duties.
The outlook is cautiously optimistic, supported by analyst consensus and solid fundamentals, but risks include the high valuation, potential legal overhangs, and a projected decline in net income for 2026. Upside potential exists toward the $210.50 consensus target if execution remains strong.
SMH trades at $603.33, down 3.47% on the day, but maintains a bullish technical outlook with strong moving average support. The semiconductor ETF has delivered exceptional returns, up approximately 69% year-to-date through September 30, 2026, significantly outperforming the broader market. Recent sector strength is driven by AI demand and positive industry developments, including AMD's $8.2 billion acquisition of World Labs.
The semiconductor sector's structural growth, particularly in AI applications, supports continued upside potential. However, concentration risk in top holdings like Nvidia and sensitivity to US-China trade tensions present meaningful headwinds. Current technical levels suggest support at $597 with resistance at $620, providing clear near-term trading parameters.
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Manhattan Associates, Inc. is a global leader in supply chain and omnichannel commerce software. The company provides a comprehensive suite of cloud-based and on-premise solutions for warehouse management (WMS), transportation management (TMS), and order management (OMS). MANH's technology helps retailers, wholesalers, and manufacturers manage inventory, optimize logistics, and unify the shopping experience across physical and digital channels.
Read more on MANH →The fund normally invests at least 80% of its total assets in securities that comprise the target index. The index includes common stocks and depositary receipts of US exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a US exchange. The fund is non-diversified.
Read more on SMH →