Intel’s 524.3% Stock Surge at 7.3% Weight Powered SMH’s 138.2% Gain
INTC•Intel returned +524.3% over the past year while representing 7.3% of the VanEck Semiconductor ETF. This performance made Intel the second-largest contributor to the ETF’s 138.2% total gain, highlighting the outsized role of a few top holdings in driving returns.
1. Intel's 524.3% Return
Over the past year, Intel shares surged 524.3%, making it one of the sector’s standout performers. This gain occurred while Intel comprised 7.3% of the VanEck Semiconductor ETF, reflecting strong demand for its data-center and advanced chip offerings.
2. Role in SMH's 138.2% Gain
The ETF achieved a 138.2% total return over the same period, despite holding 25 semiconductor stocks. Intel’s contribution was second only to Micron Technology, demonstrating how a handful of winners drove the majority of the fund’s performance.
3. Concentration Implications
The ETF’s top five holdings account for 46.0% of assets and the top ten for 71.1%, revealing high concentration risk. Intel’s outsized impact implies that future share price swings could disproportionately affect the fund’s overall returns and volatility.
