What if you invested in Semiconductors (SMH) in 2005?
SMH · Index · Data through 2026-06-01
If you invested $1,000 in Semiconductors (SMH) in 2005
The same $1,000 in the S&P 500 would be worth $9,342(+834.2%)
The S&P 500 returned $9,342 on the same $1,000. Semiconductors (SMH) beat the market by $40,154.
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Compare Semiconductors (SMH) to another stock
See how Semiconductors (SMH) stacks up since 2005, head to head.
What if Semiconductors (SMH) keeps this up?
Project forward at Semiconductors (SMH)'s 19.8% historical growth rate. See 5-30 year scenarios.
Growth of $1,000
Semiconductors (SMH) vs. S&P 500 vs. US Dollar, 2005 to present
Year-by-Year Returns
$1,000 invested in Semiconductors (SMH) starting January 2005
| Year | Price | Value | Annual |
|---|---|---|---|
| 2005 | $13.25 | $1,000 | - |
| 2006 | $15.84 | $1,195 | +19.5% |
| 2007 | $14.36 | $1,084 | -9.3% |
| 2008 | $11.95 | $902 | -16.8% |
| 2009 | $7.18 | $542 | -39.9% |
| 2010 | $10.51 | $793 | +46.3% |
| 2011 | $14.61 | $1,103 | +39% |
| 2012 | $14.23 | $1,074 | -2.6% |
| 2013 | $14.88 | $1,123 | +4.5% |
| 2014 | $18.14 | $1,369 | +21.9% |
| 2015 | $23.51 | $1,774 | +29.6% |
| 2016 | $22.65 | $1,709 | -3.7% |
| 2017 | $34.18 | $2,579 | +50.9% |
| 2018 | $49.60 | $3,743 | +45.1% |
| 2019 | $45.85 | $3,460 | -7.6% |
| 2020 | $66.28 | $5,002 | +44.6% |
| 2021 | $109.94 | $8,296 | +65.9% |
| 2022 | $134.32 | $10,136 | +22.2% |
| 2023 | $116.96 | $8,826 | -12.9% |
| 2024 | $184.48 | $13,921 | +57.7% |
| 2025 | $242.86 | $18,328 | +31.7% |
| 2026 | $403.46 | $30,447 | +66.1% |
What this return means
Holding Semiconductors (SMH) from 2005 multiplied a $1,000 stake into $49,496. That works out to +4849.6%, about 49x the original stake, as of 2026-06-01.
In compound terms that is roughly 19.8% a year, well above what a broad index has historically returned. Because this is a broad S&P 500 fund, it is the benchmark here rather than something measured against it.
The path was not smooth. The best single year was 2021 at +65.9%, and the worst was 2009 at -39.9%. At its lowest point the position was down about 55% from an earlier high. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.
None of this is a recommendation. It is a record of what already happened, and past performance does not guarantee future results.
What if you invested $100 a month instead?
Most people do not drop a lump sum in on day one. They add a fixed amount every month. Putting $100 into Semiconductors (SMH) at the close of every month from January 2005 through June 2026 means 258 buys and $25,800 contributed over about 21.5 years.
$100/month, dollar-cost averaged
$733,180
+2,741.8% on $25,800 in
Same $25,800, all in at the start
$1,277,129
+4,850.1% on $25,800 in
Going all in at the start beat spreading the buys out by $543,950. That is the usual result when a stock trends up: each monthly buy pays a higher price than the last, so the average cost climbs. Averaging in also meant an average buy price of $23.08 per share across the whole stretch, so the monthly buyer never had to time a single low. Neither number counts dividends, taxes, or trading costs.
Illustrative fixed $100/month example, not a recommendation. Figures are computed from SMH split-adjusted monthly closes through June 2026. Past performance does not guarantee future results.
Semiconductors (SMH) at different times
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For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.