NVIDIA (NVDA) stock vs the S&P 500 and semiconductor stocks
As of 12 October 2026, NVIDIA (NVDA) is beating both the S&P 500 and semiconductor stocks as a group (SMH) over the past three months.
Where NVIDIA stands now
As of 12 October 2026, NVIDIA is ahead of the S&P 500 on every window Zensei tracks, from one month to one year. The trend against the market is intact on all horizons.
Inside its group, NVDA is slipping: still ahead of semiconductor stocks (SMH) over three months, but behind over the past month. As a group, semiconductor stocks are gaining ground on the S&P 500 right now. The group is in transition, so the stock's place inside it matters more than usual.
NVIDIA is 19.5% of SMH, a weight large enough to drive the fund. It sits in 13 of the sector and theme funds Zensei tracks. The thing to watch is the gap to its group: as long as it stays ahead of both the market and its peers, the trend is intact.
NVIDIA competitors and peers
The largest other holdings of VanEck Semiconductor ETF (SMH), by weight in the fund, with their plain return over the past month.
Is NVIDIA in the S&P 500?
As of 12 October 2026, NVIDIA is in the S&P 500. Its sector fund, Technology (XLK), holds it at 15.6% weight.
Every stock in one of the 11 S&P 500 sector funds is in the index. See Tech Stocks (XLK)
NVIDIA ETF: the funds that hold NVDA
13 funds that Zensei tracks hold NVDA. The main sector is the fund Zensei groups it with. The other funds follow by weight.
NVDA stock performance: 1-month, 3-month and 1-year vs the S&P 500
NVIDIA and the S&P 500 (SPY) side by side, over each window Zensei tracks.
Prices as of · computed from daily adjusted closes · how we measure
NVDA against semiconductor stocks, in depth
See the size of the gap between NVIDIA and semiconductor stocks (SMH) over every window, its momentum and its relative strength, and where it sits among semiconductor stocks.
See the full analysisNVIDIA stock: common questions
Who are NVIDIA's competitors?
As of 12 October 2026, the largest other holdings of VanEck Semiconductor ETF (SMH) by weight are TSMC (TSM), AMD (AMD), Broadcom (AVGO), Marvell Technology (MRVL), Texas Instruments Inc (TXN). These are the stocks NVIDIA sits next to among semiconductor stocks.
Which ETFs hold NVIDIA?
As of 12 October 2026, 13 funds that Zensei tracks hold NVDA. Zensei groups it with semiconductor stocks in VanEck Semiconductor ETF (SMH), where its weight is 19.5%. It is also in Technology Select Sector SPDR (XLK, 15.6%), EA Series Trust Next Generation Media ETF (GGME, 8.4%), SPDR S&P 1500 Momentum Tilt ETF (MMTM, 5.9%), Invesco MSCI Sustainable Future ETF (ERTH, 5.5%), First Trust S-Network Future Vehicles & Technology ETF (CARZ, 5.0%).
Is NVIDIA in the S&P 500?
As of 12 October 2026, NVIDIA is in the S&P 500. Its sector fund, Technology (XLK), holds it at 15.6% weight.
What sector is NVIDIA in?
As of 12 October 2026, Zensei groups NVIDIA with semiconductor stocks (SMH, its primary fund). In the S&P 500, it is in the Technology sector fund (XLK). It is also in EV stocks (CARZ), nanotechnology stocks (TINY), metaverse stocks (FMET) and power grid stocks (GRID).
Is NVIDIA stock beating the S&P 500?
As of 12 October 2026, NVIDIA (NVDA) is up 3.7% over the past month. The S&P 500 is up 2.1% over the same month. Over three months, the stock is up 11.3% and the S&P 500 is up 4.1%.
Is NVIDIA doing better than other semiconductor stocks?
As of 12 October 2026, NVIDIA (NVDA) is ahead of semiconductor stocks as a group (SMH) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.
Recent changes
- ·Among the strongest → beating the market and semiconductor stocks
- ·Beating the market and semiconductor stocks → among the strongest
- ·First tracked: beating the market and semiconductor stocks
Track NVIDIA against semiconductor stocks and the market
Zensei Edge maps 100+ sectors and themes against the S&P 500, with each stock inside them measured against its group.