A machine-readable holdings disclosure for MicroSectors -3x Short Semiconductor ETNs (SMHD) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
What sectors does SMHD invest in?
MicroSectors -3x Short Semiconductor ETNs (SMHD) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
What sector is SMHD most exposed to?
SMHD's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
Is SMHD a US-only fund?
The country allocation card on this page shows SMHD's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
What does SMHD invest in?
The ETN is designed to provide -3x leveraged exposure to the daily performance of the VettaFi Semiconductor Fund-Tracking Index. The index tracks the performance of the VanEck Semiconductor ETF (SMH), which in turn seeks to replicate an index of 25 of the largest and most liquid U.S. exchange-listed companies in the semiconductor industry. The notes are not a buy-and-hold investment and are intended as a daily trading tool for sophisticated investors.
Diversification Data Unavailable
Fund portfolios are disclosed quarterly with a ~60-day publication delay, so even covered funds lag their most recent trades.
