SMH

Stock

VanEck Semiconductor ETF

Price

$412.88

as of Feb 23, 2026

All Time High: $417.52

🟢

Typical

Current Drawdown

-1.1%

Days in Drawdown

16

Avg Max Drawdown

5.3%

Avg Length

87

Drawdown Severity Score™

0.2

SMH - Price & High Water Mark

SMH - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

VanEck Semiconductor ETF (SMH) Analysis: Current Drawdown Insights

VanEck Semiconductor ETF is trading slightly below its recent peak. As of 2026-02-23, the stock price is $412.88, just 1.1% below its all-time high of $417.52.

Based on comprehensive historical analysis spanning 14 years, VanEck Semiconductor ETF typically experiences drawdowns averaging 5.3% in depth, with an average duration of 87 days. VanEck Semiconductor ETF has gone through 105 total drawdown events in the last 14 years. The largest drawdown for VanEck Semiconductor ETF in the last 14 years was 45.3%. The longest drawdown duration in its history was 562 days.

The Drawdown Severity Score™ for VanEck Semiconductor ETF currently stands at 0.22. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range—a routine pullback.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing VanEck Semiconductor ETF's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 105 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-02-07Ongoing16 days-1.1%$417.52$412.88
2025-10-302025-12-0941 days-11.8%$368.61$325.10$369.00
2025-10-212025-10-244 days-2.5%$347.22$338.60$351.14
2025-10-092025-10-2012 days-6.0%$346.07$325.34$347.22
2025-10-072025-10-082 days-1.8%$343.38$337.05$346.07
2025-10-032025-10-064 days-0.5%$338.24$336.68$343.38
2025-09-232025-09-297 days-0.3%$322.17$321.06$322.66
2025-09-192025-09-224 days-0.4%$316.97$315.71$322.17
2025-09-172025-09-182 days-0.6%$307.21$305.25$316.97
2025-08-152025-09-1128 days-5.1%$301.92$286.43$303.93
2025-07-312025-08-1213 days-4.2%$296.26$283.95$300.10
2025-07-182025-07-2912 days-2.2%$291.71$285.37$292.90
2025-07-162025-07-172 days-0.5%$290.80$289.28$291.71
2025-07-112025-07-155 days-0.8%$287.52$285.32$290.80
2025-07-072025-07-093 days-1.4%$283.62$279.76$285.42
2024-07-112025-07-02357 days-35.7%$280.03$179.95$281.25
2024-06-202024-07-1021 days-7.6%$275.54$254.65$280.03
2024-06-112024-06-122 days-0.1%$254.73$254.35$261.93
2024-06-062024-06-105 days-0.9%$253.29$251.10$254.73
2024-05-292024-06-058 days-3.7%$248.73$239.42$253.29
2024-05-212024-05-222 days-0.1%$233.96$233.63$235.55
2024-03-082024-05-2073 days-14.9%$233.14$198.33$233.96
2024-03-052024-03-062 days-1.5%$223.10$219.69$225.35
2024-02-272024-02-293 days-1.4%$209.42$206.49$211.01
2024-02-232024-02-264 days-0.6%$209.00$207.70$209.42
2024-02-122024-02-2211 days-3.6%$202.95$195.64$209.00
2024-02-062024-02-072 days-1.1%$194.09$191.89$195.76
2024-01-262024-02-0511 days-3.4%$191.52$185.05$194.09
2023-12-282024-01-1822 days-6.2%$175.08$164.26$179.51
2023-12-202023-12-267 days-2.8%$173.15$168.33$174.89
2023-11-212023-12-1121 days-4.5%$163.19$155.87$164.65
2023-08-012023-11-14106 days-14.4%$158.95$136.03$159.42
2023-07-192023-07-2810 days-4.5%$158.60$151.38$158.83
2023-07-142023-07-174 days-0.8%$156.57$155.27$158.16
2021-12-282023-07-13562 days-45.3%$154.88$84.71$156.57
2021-12-082021-12-2720 days-6.8%$153.07$142.62$154.88
2021-11-222021-12-0716 days-4.1%$151.93$145.70$153.07
2021-11-172021-11-182 days-0.6%$148.23$147.35$150.98
2021-11-102021-11-167 days-3.2%$147.13$142.49$148.23
2021-09-172021-11-0146 days-9.4%$134.25$121.57$134.69
2021-09-072021-09-137 days-1.5%$132.99$130.97$133.50
2021-08-312021-09-034 days-0.9%$132.80$131.59$132.99
2021-08-052021-08-2723 days-6.4%$131.55$123.15$132.39
2021-07-012021-07-3030 days-5.9%$127.62$120.10$128.06
2021-04-062021-06-2884 days-13.0%$125.14$108.83$126.38
2021-02-172021-04-0547 days-15.6%$124.64$105.22$125.14
2021-01-222021-02-1121 days-7.9%$119.50$110.02$122.62
2021-01-202021-01-212 days-0.4%$118.17$117.67$119.50
2021-01-152021-01-195 days-1.9%$116.51$114.24$118.17
2021-01-132021-01-142 days-0.5%$114.30$113.68$116.51
2021-01-082021-01-114 days-0.4%$112.50$112.09$113.77

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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