What if you invested in Semiconductors (SMH) in 2015?

SMH · Index · Data through 2026-06-01

$

If you invested $1,000 in Semiconductors (SMH) in 2015

$27,898today
+2689.8% total return|+33.3% annualized

The same $1,000 in the S&P 500 would be worth $4,521(+352.1%)

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The S&P 500 returned $4,521 on the same $1,000. Semiconductors (SMH) beat the market by $23,379.

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What if Semiconductors (SMH) keeps this up?

Project forward at Semiconductors (SMH)'s 33.3% historical growth rate. See 5-30 year scenarios.

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Growth of $1,000

Semiconductors (SMH) vs. S&P 500 vs. US Dollar, 2015 to present

Semiconductors (SMH)
S&P 500
US Dollar

Year-by-Year Returns

$1,000 invested in Semiconductors (SMH) starting January 2015

YearPriceValueAnnual
2015$23.51$1,000-
2016$22.65$963-3.7%
2017$34.18$1,454+50.9%
2018$49.60$2,110+45.1%
2019$45.85$1,950-7.6%
2020$66.28$2,819+44.6%
2021$109.94$4,677+65.9%
2022$134.32$5,714+22.2%
2023$116.96$4,975-12.9%
2024$184.48$7,847+57.7%
2025$242.86$10,331+31.7%
2026$403.46$17,163+66.1%

What this return means

A $1,000 position in Semiconductors (SMH) opened in 2015 is worth $27,901 today. That works out to +2690.1%, about 28x the original stake, as of 2026-06-01.

That is a compound rate of about 33.3% a year, an extreme pace that few holdings sustain for 11.6 years. Because this is a broad S&P 500 fund, it is the benchmark here rather than something measured against it.

The year-by-year record shows how bumpy the ride was. The best single year was 2021 at +65.9%, and the worst was 2023 at -12.9%. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.

This is historical math, not financial advice. 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 2015 through June 2026 means 138 buys and $13,800 contributed over about 11.5 years.

$100/month, dollar-cost averaged

$149,291

+981.8% on $13,800 in

Same $13,800, all in at the start

$384,997

+2,689.8% on $13,800 in

Going all in at the start beat spreading the buys out by $235,706. 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 $60.63 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.

Numbers worth sharing

Occasional data drops when something interesting surfaces. No schedule, just signal.

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.