VanEck Semiconductor ETF vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? VanEck Semiconductor ETF trades at $585, while Taiwan Semiconductor Mfg. Co. Ltd. trades at $425.54 (market cap $1.88T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.94% dividend while VanEck Semiconductor ETF pays none. Which is the better fit depends on your goals.
| SMH | TSM | |
|---|---|---|
52-Week High | $668.91 | $477.57 |
52-Week Low | $283.95 | $227.33 |
Market Cap | — | $1.88T |
Sector | — | Technology |
Enterprise Value | — | $1.81T |
Dividend Yield | — | 0.94% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 57% market share in 2021 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.
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