MicroSectors 3x Long Semiconductor ETNsMicroSectors 3x Long Semiconductor ETNsMicroSectors 3x Long Semiconductor ETNs

MicroSectors 3x Long Semiconductor ETNs

No trades
No trades

Key stats


Assets under management (AUM)
—
Fund flows (1Y)
—
Dividend yield (indicated)
—
Discount/Premium to NAV
—
Shares outstanding
—
Expense ratio
0.70%

Fund info


Brand
REX Microsectors
Inception date
Aug 5, 2026
Structure
Exchange-Traded Note
Index tracked
VettaFi Semiconductor Fund-Tracking Index - USD - Benchmark TR Gross
Replication method
Synthetic
Management style
Passive
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
ISIN
US06367V7257
CUSIP
06367V725
FIGI
BBG0243CH5Z1
Identifiers
ISIN US06367V7257
SMHU is a short-term trading tool, not buy-and-hold investment. The product is structured as an exchange traded note, which is an unsecured debt obligation of the issuing bank, thus introducing credit risk to traders of the shares. SMHU aims to provide 3x the daily closing price of the VanEck Semiconductor ETF (SMH), an ETF tracking a concentrated index of 25 largest semiconductor stocks, globally. The leverage of the note resets daily, so returns over any period longer than one day will differ from three times the return of SMH and losses compound. In a flat or choppy market, SMHU can produce losses due to the daily reset.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fixed

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SMHU trades at 25.10 USD today, its price has fallen −10.52% in the past 24 hours. Track more dynamics on SMHU price chart.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SMHU expense ratio is 0.70%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, SMHU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, SMHU doesn't pay dividends to its holders.
SMHU shares are issued by Bank of Montreal
SMHU follows the VettaFi Semiconductor Fund-Tracking Index - USD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 5, 2026.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.