The VanEck Semiconductor ETF (SMH) is at a critical technical support level, with the upcoming Bank of Korea rate decision expected to influence its next major move. Strength in the Korean won and capital repatriation have pressured the KOSPI and the U.S. semiconductor sector. A hawkish rate stance by the Bank of Korea could strengthen the won further, risking a break below SMH support and an 8% drop in the ETF. Conversely, if SMH holds its $540 support and the won weakens after the meeting, the semiconductor sector could rally back toward recent highs.
As of Oct 21, 2026 22:22 WIB, the VanEck Semiconductor ETF (SMH) trades at USD 553.19 on Pluang, showing a 1.25% gain over the past day. The ETF's market cap stands at $66.62 billion with a trading volume of 7,358,390 shares. Pluang users currently favor buying SMH, with 67% of orders in that direction, highlighting ongoing interest in the semiconductor sector amid the upcoming Bank of Korea rate decision.
Invesco's semiconductor ETF (SOXQ) returned 67.69% over the past year, beating the popular VanEck's SMH fund, which returned 61.32%. However, over a five-year period, SMH outperformed SOXQ significantly, with returns of 333.41% versus 256.91%. The di...
Last week, the semiconductor ETF SMH closed down for its longest streak in 25 years, signaling potential broader market weakness. Despite this, bond prices (TLT) rose, possibly indicating a temporary bottom as earnings season begins. Inflation report...
The VanEck Semiconductor ETF (SMH) dropped nearly 10% due to a rotation of capital from AI and tech stocks into sectors like Financials and Energy amid worsening liquidity and macroeconomic challenges. The portfolio manager reduced cash holdings from...
