SMH vs. NSI ETF Comparison

Comparison of Market Vectors Semiconductor ETF (SMH) to National Security Emerging Markets Index ETF (NSI)

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$215.43

Average Daily Volume

8,615,319

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

NSI

National Security Emerging Markets Index ETF

NSI Description

The fund invests at least 80% of its total assets in component securities of the index. The index consists of stocks listed on globally recognized stock exchanges that excludes companies benefiting end-users that, in the view of the sponsor of the fund, National Security Index, LLC (the "Sponsor") pose a threat to the national security interests of the United States.

Grade (RS Rating)

Last Trade

$25.80

Average Daily Volume

1,674

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	SMH	NSI
30 Days	-12.37%	-2.24%
60 Days	-3.94%	-2.04%
90 Days	6.10%	-3.59%
12 Months	49.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMH	Weight in NSI	Overlap
	TSM	D	13.1%	12.2%	12.2%

SMH Overweight 24 Positions Relative to NSI

	Symbol	Grade	Weight
	NVDA	D	19.68%
	AVGO	D	7.95%
	TXN	C	5.04%
	AMD	F	4.81%
	INTC	F	4.71%
	ASML	D	4.5%
	AMAT	D	4.3%
	LRCX	F	4.14%
	QCOM	D	4.12%
	ADI	D	4.05%
	MU	D	3.81%
	KLAC	D	3.72%
	SNPS	F	3.01%
	CDNS	F	2.46%
	NXPI	D	2.07%
	MRVL	F	1.69%
	MCHP	F	1.61%
	MPWR	C	1.27%
	STM	F	0.97%
	ON	D	0.95%
	SWKS	C	0.64%
	TER	D	0.62%
	QRVO	C	0.4%
	OLED	C	0.38%

SMH Underweight 6 Positions Relative to NSI

	Symbol	Grade	Weight
	PDD	F	-4.32%
	HDB	D	-3.33%
	IBN	B	-2.15%
	ASX	F	-2.1%
	CHT	D	-1.99%
	UMC	D	-1.95%

SMH: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Software - Application Semiconductor Memory

Keywords: S&P 500 Nasdaq 100 Integrated Circuits Semiconductor Computing Electronics Fabless Semiconductor Companies Power Management Semiconductor Device Fabrication Semiconductor Devices Electronic Engineering Smartphones Design Manufacturers Electronic Design Electronic Devices Flash Mobile Devices Aerospace Analog Devices Analog Products

NSI: Top Represented Industries & Keywords

Industries: Semiconductors Banks - Regional - Asia Specialty Retail Telecom Services

Keywords: Semiconductor Device Fabrication Bank Banking Cash Management Integrated Circuits Investment Banking Retail Banking Semiconductor Semiconductor Devices Tracking Services ADSL Automotive Electronics Ball Grid Array Broadband Broadband Access Business Loans Car Loans Cement Services Cheque Chip Scale Package