VanEck Launches SMHC Targeting China’s Domestic Chip Industry

VanEck has introduced the VanEck China Semiconductor ETF (SMHC), a fund providing pure-play exposure to 25 Chinese semiconductor and semiconductor-equipment companies. The ETF is designed to capture China's rapidly expanding domestic chip ecosystem, which VanEck argues is largely absent from traditional semiconductor funds focused on U.S., Taiwanese, and European firms. Tracking the MarketVector China Semiconductor 25 Index, SMHC targets companies deriving at least 50% of revenue from semiconductor-related activities, offering investors focused access to China's policy-backed push for semiconductor self-sufficiency.