VanEck Semiconductor ETF (SMH) Drawdown History
50 recorded drawdown events with recovery analysis
Price
$395.98
All-Time High
$426.16
Current Drawdown
-7.1%
Severity Score
1.4
Zone
Slightly Elevated
Drawdown Distribution
How SMH's 50 recorded drawdowns break down by severity:
34
< 5%
9
5-10%
5
10-20%
0
20-30%
2
30%+
Recovery Patterns
When SMH drops 10% or more from its high, it has happened 7 times with an average duration of 181 days and an average maximum drop of -21.5%.
Drops of 20% or more have occurred 2 times, lasting an average of 460 days with an average depth of -40.5%.
All Drawdown Events
Showing 16 events with drops of 5% or more, sorted by depth.
| # | Start Date | End Date | Max Drop | Duration | Start Price | Low Price |
|---|---|---|---|---|---|---|
| 1 | 2021-12-28 | 2023-07-13 | -45.3% | 562 days | $154.88 | $84.71 |
| 2 | 2024-07-11 | 2025-07-02 | -35.7% | 357 days | $280.03 | $179.95 |
| 3 | 2021-02-17 | 2021-04-05 | -15.6% | 47 days | $124.64 | $105.22 |
| 4 | 2024-03-08 | 2024-05-20 | -14.9% | 73 days | $233.14 | $198.33 |
| 5 | 2023-08-01 | 2023-11-14 | -14.4% | 106 days | $158.95 | $136.03 |
| 6 | 2021-04-06 | 2021-06-28 | -13.0% | 84 days | $125.14 | $108.83 |
| 7 | 2025-10-30 | 2025-12-09 | -11.8% | 41 days | $368.61 | $325.10 |
| 8 | 2021-09-17 | 2021-11-01 | -9.4% | 46 days | $134.25 | $121.57 |
| 9 | 2021-01-22 | 2021-02-11 | -7.9% | 21 days | $119.50 | $110.02 |
| 10 | 2024-06-20 | 2024-07-10 | -7.6% | 21 days | $275.54 | $254.65 |
| 11 | 2021-12-08 | 2021-12-27 | -6.8% | 20 days | $153.07 | $142.62 |
| 12 | 2021-08-05 | 2021-08-27 | -6.4% | 23 days | $131.55 | $123.15 |
| 13 | 2023-12-28 | 2024-01-18 | -6.2% | 22 days | $175.08 | $164.26 |
| 14 | 2025-10-09 | 2025-10-20 | -6.0% | 12 days | $346.07 | $325.34 |
| 15 | 2021-07-01 | 2021-07-30 | -5.9% | 30 days | $127.62 | $120.10 |
| 16 | 2025-08-15 | 2025-09-11 | -5.1% | 28 days | $301.92 | $286.43 |
34 minor events (under 5% drop) not shown.
Frequently Asked Questions
What is SMH's biggest all-time drawdown?
VanEck Semiconductor ETF's deepest recorded drawdown was -45.3%, which occurred from 2021-12-28 to 2023-07-13 and lasted 562 days. The stock dropped from $154.88 to a low of $84.71.
How long does it take SMH to recover from a drawdown?
When SMH drops 10% or more from its high, it has historically recovered within an average of 181 days. This is based on 7 comparable events in the tracked history.
Is SMH at an all-time high?
No, VanEck Semiconductor ETF is currently trading at $395.98, which is -7.1% below its all-time high of $426.16. The current Drawdown Severity Score is 1.4 (Slightly Elevated).
How many drawdown events has SMH experienced?
VanEck Semiconductor ETF has experienced 50 tracked drawdown events. Of these, 16 were drops of 5% or more. The average maximum drawdown across all events is -5.4%.
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