VanEck Semiconductor ETF (SMH) — What Changed

Material changes in the AI committee's view · 23 events tracked · Detected nightly

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2026-08-01 MAJOR
▼ Agreement Shift

SMH's Committee agreement moved from 80.00% to 60.00% (-20.00pp, 1 day(s) apart).

80.00 → 60.00 (-20.0)

2026-08-01 MINOR
▲ Score Change

SMH's Committee score moved from 47.80 to 50.30 (+2.50, 1 day(s) apart).

47.80 → 50.30 (+2.5)

2026-08-01 MATERIAL
— Conviction Change

SMH's Committee conviction moved from high to moderate (1 day(s) apart).

high → moderate

2026-07-31 MAJOR
▲ Agreement Shift

SMH's Committee agreement moved from 40.00% to 80.00% (+40.00pp, 1 day(s) apart).

40.00 → 80.00 (+40.0)

2026-07-31 MINOR
▼ Score Change

SMH's Committee score moved from 48.60 to 47.80 (-0.80, 1 day(s) apart).

48.60 → 47.80 (-0.8)

2026-07-31 MAJOR
— Conviction Change

SMH's Committee conviction moved from contested to high (1 day(s) apart).

contested → high

2026-07-30 MAJOR
▼ Agreement Shift

SMH's Committee agreement moved from 60.00% to 40.00% (-20.00pp, 1 day(s) apart).

60.00 → 40.00 (-20.0)

2026-07-30 MINOR
▼ Score Change

SMH's Committee score moved from 50.73 to 48.60 (-2.13, 1 day(s) apart).

50.73 → 48.60 (-2.1)

2026-07-30 MATERIAL
— Conviction Change

SMH's Committee conviction moved from moderate to contested (1 day(s) apart).

moderate → contested

2026-07-28 MINOR
▼ Score Change

SMH's Committee score moved from 53.17 to 50.73 (-2.44, 1 day(s) apart).

53.17 → 50.73 (-2.4)

2026-07-18 MINOR
▼ Score Change

SMH's Committee score moved from 53.60 to 51.17 (-2.43, 1 day(s) apart).

53.60 → 51.17 (-2.4)

2026-07-17 MAJOR
▲ Agreement Shift

SMH's Committee agreement moved from 40.00% to 60.00% (+20.00pp, 1 day(s) apart).

40.00 → 60.00 (+20.0)

2026-07-17 MINOR
▼ Score Change

SMH's Committee score moved from 54.03 to 53.60 (-0.43, 1 day(s) apart).

54.03 → 53.60 (-0.4)

2026-07-17 MATERIAL
— Conviction Change

SMH's Committee conviction moved from contested to moderate (1 day(s) apart).

contested → moderate

2026-07-16 MINOR
▼ Score Change

SMH's Committee score moved from 54.47 to 54.03 (-0.44, 1 day(s) apart).

54.47 → 54.03 (-0.4)

2026-07-15 MAJOR
▼ Agreement Shift

SMH's Committee agreement moved from 60.00% to 40.00% (-20.00pp, 1 day(s) apart).

60.00 → 40.00 (-20.0)

2026-07-15 MINOR
▲ Score Change

SMH's Committee score moved from 53.17 to 54.47 (+1.30, 1 day(s) apart).

53.17 → 54.47 (+1.3)

2026-07-15 MATERIAL
— Conviction Change

SMH's Committee conviction moved from moderate to contested (1 day(s) apart).

moderate → contested

2026-07-14 MATERIAL
▲ Agreement Shift

SMH's Committee agreement moved from 50.00% to 60.00% (+10.00pp, 1 day(s) apart).

50.00 → 60.00 (+10.0)

2026-07-14 MAJOR
▼ Score Change

SMH's Committee score moved from 62.16 to 53.17 (-8.99, 1 day(s) apart).

62.16 → 53.17 (-9.0)

2026-07-14 MATERIAL
— Conviction Change

SMH's Committee conviction moved from contested to moderate (1 day(s) apart).

contested → moderate

2026-07-14 MAJOR
— Rating Change

SMH moved from Buy to Watch (1 day(s) apart).

Buy → Watch

2026-07-13 MINOR
▲ Score Change

SMH's Committee score moved from 61.63 to 62.16 (+0.53, 1 day(s) apart).

61.63 → 62.16 (+0.5)

How Change Detection Works

Every night, Innellis compares the committee's latest scores against the previous session. Changes are recorded only when they cross documented materiality thresholds — score moves, rating transitions, conviction shifts, and analyst agreement changes. Small day-to-day noise is deliberately filtered out. View full score history →