QQQ vs SMH

Invesco QQQ Trust against VanEck Semiconductor ETF — live side-by-side technical comparison.

Prices as of 2026-11-10T17:09:29+00:00 UTC · updates daily

Who leads right now

QQQ leads 4 of the 7 windows we measure — over 1 month QQQ is -10.8% and SMH -20.9%; over year to date QQQ is +9.1% and SMH +32.5%. The QQQ/SMH price ratio stands at 1.404, above its 50-day average of 1.2825, and above the 200-day average of 1.3231. A ratio above its own average means QQQ is gaining on SMH; on this reading the recent edge belongs to QQQ.

QQQ/SMH over the last year

QQQ/SMH price ratio · dashed: its 50- and 200-day lines · ratio above its 50-day line = QQQ gaining on SMH
1.0661.3991.7322.065
Both rebased to 100 on 2025-11-10
100120.6155.4186.1QQQSMH
Ask
Compare QQQ and SMH: which has been stronger over the last year, and where does each stand against its 200-day average? Ask the analyst about this pair →

Performance side by side

QQQSMH
Price$670.06 $477.26
1 day -1.4%lead -2.1%
5 days -2.2%lead -8.0%
1 month -10.8%lead -20.9%
6 months -5.8%lead -15.8%
Year to date +9.1% +32.5%lead
1 year +7.5% +33.0%lead
2 years +30.3% +84.0%lead
52-week position 55% of range 45% of range
52-week range $555.60–$762.86 $315.05–$671.83
vs 50-day average below $719.30 below $562.73
vs 200-day average below $681.39 below $522.58
RSI (14) 39 37
Next earnings — —

Where each one stands

QQQ — Invesco QQQ Trust

QQQ trades at $670.06, below its 50-day average of $719.30, and below the 200-day at $681.39. It sits at 55% of its 52-week range ($555.60–$762.86); 14-day RSI is 39, in neutral territory; an average session moves it about 2.6%. For levels, the first level overhead is $681.39 (1.7% away) and the first support below is $650.00 (3.0% down). On the checklist the page runs for every asset, 1 of 6 checks read bullish — the lean is bearish.

SMH — VanEck Semiconductor ETF

SMH trades at $477.26, below its 50-day average of $562.73, and below the 200-day at $522.58. It sits at 45% of its 52-week range ($315.05–$671.83); 14-day RSI is 37, in neutral territory; an average session moves it about 5.4%. For levels, the first level overhead is $500.00 (4.8% away) and the first support below is $475.00 (0.5% down). On the checklist the page runs for every asset, 1 of 6 checks read bullish — the lean is bearish.

Which one moves harder

SMH is the more volatile of the two — an average session moves it 5.4% against 2.6% for QQQ, so an identical position size carries roughly 2.1× the daily risk.

What would change the picture

The comparison turns on those levels: QQQ clearing $681.39 or losing $650.00; SMH clearing $500.00 or losing $475.00. Until one of them gives way, the relative reading above stands.

Questions people ask about QQQ vs SMH

Which is performing better right now, QQQ or SMH?
Over the past month QQQ is -10.8% and SMH is -20.9%, so QQQ is ahead on that window. Year to date the figures are +9.1% for QQQ and +32.5% for SMH.
Which has done better over the last year, QQQ or SMH?
Over the last year QQQ is +7.5% and SMH is +33.0%, so SMH is ahead on that window. Over two years it is +30.3% against +84.0%.
Is QQQ or SMH more volatile?
SMH is the more volatile of the two — an average session moves it 5.4% against 2.6% for QQQ, so an identical position size carries roughly 2.1× the daily risk.
What are the key levels for QQQ and SMH?
QQQ: resistance $681.39, support $650.00; SMH: resistance $500.00, support $475.00. Levels come from recent swing zones and round numbers, recomputed daily.
What does the QQQ/SMH ratio mean?
It is simply QQQ's price divided by SMH's — 1.404 today. When the ratio rises, QQQ is outperforming; when it falls, SMH is. Comparing it to its own 50- and 200-day averages shows whether the current leadership is new or long-standing.

Full technical briefs

QQQ →
Invesco QQQ Trust
Full technical brief: trend, levels, chart, news
SMH →
VanEck Semiconductor ETF
Full technical brief: trend, levels, chart, news

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