AMD stock vs the S&P 500 and semiconductor stocks
As of 2 October 2026, AMD is among the strongest stocks we track. It is well ahead of the S&P 500 and ahead of semiconductor stocks as a group (SMH) over the past three months.
Where AMD stands now
As of 2 October 2026, AMD 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, AMD leads: it is ahead of semiconductor stocks (SMH) over both the past month and three months. 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.
AMD is 5.7% of SMH, so its moves weigh on the fund. It sits in 10 of the sector and theme funds Zensei tracks. The thing to watch is whether the lead holds as the longer windows catch up; leaders that keep their recent edge tend to stay in front.
AMD vs the S&P 500: returns
AMD 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
AMD against semiconductor stocks, in depth
See the size of the gap between AMD and semiconductor stocks (SMH) over every window, its momentum and its relative strength, and where it sits among semiconductor stocks.
See the full analysisWhich ETFs hold AMD?
10 funds that Zensei tracks hold AMD, by weight. The fund with the largest weight is its sector on this page.
AMD competitors
The largest other holdings of VanEck Semiconductor ETF (SMH), with their return over the past month.
AMD stock: common questions
Is AMD stock beating the S&P 500?
As of 2 October 2026, AMD is up 37.9% over the past month. The S&P 500 is up 1.3% over the same month. Over three months, the stock is up 22.4% and the S&P 500 is up 3.6%.
Which ETFs hold AMD?
As of 2 October 2026, 10 funds that Zensei tracks hold AMD. Its largest weight is in VanEck Semiconductor ETF (SMH), at 5.7%. It is also in Technology Select Sector SPDR (XLK, 5.1%), First Trust S-Network Future Vehicles & Technology ETF (CARZ, 5.1%), Fidelity Metaverse ETF (FMET, 4.8%), Amplify Transformational Data Sharing ETF (BLOK, 3.5%), Robo Global Artificial Intelligence ETF (THNQ, 2.2%).
Who are AMD's competitors?
As of 2 October 2026, the largest other holdings of VanEck Semiconductor ETF (SMH) are NVIDIA (NVDA), TSMC (TSM), Broadcom (AVGO), Micron Technology (MU), Intel (INTC). These are the stocks AMD sits next to among semiconductor stocks.
Is AMD doing better than other semiconductor stocks?
As of 2 October 2026, AMD 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.
Track AMD 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.