VanEck Semiconductor ETF VVSM.DE

VanEck Semiconductor ETF is an ETF (exchange-traded fund) managed by VanEck and domiciled in Ireland. It was launched on 1 December 2020 and manages 6.33bn GBP. Its ongoing charge is 0.35% a year. It accumulates its income (no dividends paid out). It is listed on Xetra in EUR under the ticker VVSM.DE, ISIN IE00BMC38736.

It belongs to the sector and thematic family. Sector products focus on one industry (technology, healthcare, energy, banking) and thematic ones on a trend (robotics, water, semiconductors). They're far more concentrated bets than a global index.

Stated objective, as published by Financial Times:

The Fund’s investment objective is to replicate, before fees and expenses, the MarketVector™ US Listed Semiconductor 10% Capped Screened Index (the Index). Investment Policy In order to seek to achieve its investment objective, the Manager will use a replication strategy by investing directly in the underlying equity securities, being the stock, American depository receipts (ADRs), and global depository receipts (GDRs), that consists of the component securities of the Index.

Financial Times

By concentrating on one sector, these products overlap with what you already hold in a global fund and amplify that weight without it being obvious. Seeing what they are worth next to your total net worth is exactly what saves you the surprise.

Comparing only the ETFs in this family that publish their ongoing charge (4), the cheapest charges 0.15% and the most expensive 0.65%. VanEck Semiconductor ETF sits at 0.35%.

These are the other products of the same family in the catalogue. Not all of them track exactly the same index: compare the full name, the TER, the currency, whether they accumulate or distribute and where they are listed.

Product	ISIN / Ticker	Type	Market	Currency	Dividends	Ongoing charge (TER)
iShares Global Clean Energy Transition UCITS ETF USD (Dist)	INRG.L	ETF	London SE	GBP	Distributing	0.65%
iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)	QDVE.DE	ETF	Xetra	EUR	Accumulating	0.15%
VanEck Defense UCITS ETF A (Acc)	DFEN.DE	ETF	Xetra	EUR	Accumulating	0.55%
Vanguard Information Technology ETF	VGT	ETF	NYSE Arca	USD	n/a	n/a
Technology Select Sector SPDR Fund	XLK	ETF	NYSE Arca	USD	n/a	n/a
iShares Semiconductor ETF	SOXX	ETF	NASDAQ	USD	n/a	n/a
Vanguard Real Estate ETF	VNQ	ETF	NYSE Arca	USD	n/a	n/a
VanEck Semiconductor ETF	SMH	ETF	NASDAQ	USD	n/a	n/a
DNB Nuclear Energy S EUR	NO0013670588	Investment fund	Fund (not listed)	EUR	Accumulating	n/a
Wellington Global Health Care Equity Fund EUR D Ac	IE00BF2ZVB54	Investment fund	Fund (not listed)	EUR	Accumulating	1.74%

Sector and thematic ETFs

• Open Neto and go to Investments (a Neto PRO feature).
• Search for the product by ISIN (funds) or by ticker (ETFs).
• Enter your units and your average purchase price.
• The app updates the price and recalculates your net worth on its own.

Everything you add feeds the same number you see on the main screen, so you don't keep one app for spending and another for investments: it's the same picture.

What ongoing charge (TER) does VanEck Semiconductor ETF have?

According to the Financial Times, 0.35% a year. It is what the product deducts from its own value for running it; you don't pay it separately and it is already reflected in the price you see in Neto.

Does VanEck Semiconductor ETF accumulate or distribute dividends?

It accumulates: dividends received are reinvested inside the product instead of being paid out. In Neto you see that as a price increase, not as income.

Where is VanEck Semiconductor ETF listed and in which currency?

On Xetra, in EUR, under the ticker VVSM.DE (ISIN IE00BMC38736). The same ETF can be listed on several exchanges with different tickers and the same ISIN; in Neto you search for the ticker listed in the catalogue.

Can I track VanEck Semiconductor ETF in Neto?

Yes. Add it by its ticker, enter your units and average price, and the app keeps the value up to date and adds it to your net worth, next to your accounts, savings and debts. No broker connection.