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Launched · SEC filings

Invesco Semiconductors ETF

PSINYSE ArcaInvescoB

$113.88−4.75 (−4.00%)

At close: Nov 2, 2026, 4:00 PM ET

B64/ 100

Rank 7 of 25 in Semiconductors

B64/100Rank 7 of 25inSemiconductors
Intraday session: down, 79 prints from 118.63 to 113.88. Range 113.64 to 121.22. Use the arrow keys to read each point.116.00120.0010 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$2.27B
1Y total return
+52.2%
Yield · Last 12 months
0.02%
Holdings
32
Avg volume · 30D
429K sh
52W range
low $66.93high $189.24
Launched
Filings
SEC EDGAR

The ETF.net PSI Grade

Based on 5 of 6 pillars

B

Score 64 out of 100

Category
Semiconductors⁠
Rank
7 of 25
Six-pillar profile for PSI. Scores out of 100: Cost 58, Risk 41, Mission not scored, Tradability 81, Holdings 85, Durability 87. Strongest: Durability (87). Weakest: Risk (41). Based on 5 of 6 pillars.

Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B58 out of 100
    Rank 11 of 25

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C41 out of 100
    Rank 11 of 17

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A81 out of 100
    Rank 5 of 25

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A85 out of 100
    Rank 3 of 23

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A87 out of 100
    Rank 4 of 25

Our read on PSI

ETF.net Research

In short

BMost chip ETFs rank the giants by size. PSI runs a quant screen instead: roughly 30 US semiconductor stocks picked on momentum, earnings, quality, management action and value, reshuffled quarterly. 0.55% a year.

Stated mandate

The fund seeks capital appreciation and normally invests at least 90% of total assets in common stocks comprising the Dynamic Semiconductor Intellidex Index.

Why people hold it

  • The index scores US chip companies on price momentum, earnings momentum, quality, management action and value, then holds roughly 30 of them.invesco.comsec.gov
  • The roster is rebalanced and reconstituted every quarter, so the screen keeps re-sorting the group instead of letting one ranking sit for years.invesco.com
  • Built from US semiconductor companies, so it is a domestic chip sleeve rather than a global one.sec.gov
  • Running since 2005, now a multi-billion-dollar fund in a crowded category, and it pays quarterly.

Worth knowing

  • At 0.55% it costs more than the typical semiconductor ETF; index rivals CHPS (0.15%) and SOXQ (0.19%) charge less for cap-weighted exposure.
  • One industry, roughly 30 names, and the fund is non-diversified, so a few stocks can steer results and chip cycles swing hard.sec.gov
  • The quarterly re-sort means the portfolio can look quite different from a cap-weighted chip index, in either direction.invesco.com

PSI Performance

Launched Jun 23, 2005

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PSI$15,223
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PSI $15,223. SPY $11,199. Use the arrow keys to read each point.$10,000$15,000$20,000$25,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PSI. Periods over one year show the average yearly return.
PeriodPSI
Year to date+50.4%
1 month−22.2%
3 months−13.1%
1 year+52.2%
3 yearsper year+46.3%
5 yearsper year+21.6%
10 yearsper year+27.7%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PSI
YearReturn barPSI
2026 YTD+50.4%
2025+36.3%
2024+17.2%
2023+49.1%
2022−34.4%
2021+46.5%
2020+56.7%

PSI in the news

PSI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.02%Last 12 months
Payout per share
$0.02Last 12 months
Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 35 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.02; Sep 18, 2017 $0.0057; Dec 18, 2017 $0.01; Jun 18, 2018 $0.05; Sep 24, 2018 $0.03; Dec 24, 2018 $0.05; Mar 18, 2019 $0.0063; Jun 24, 2019 $0.05; Sep 23, 2019 $0.03; Dec 23, 2019 $0.03; Mar 23, 2020 $0.02; Jun 22, 2020 $0.03; Sep 21, 2020 $0.02; Dec 21, 2020 $0.0061; Mar 22, 2021 $0.0079; Jun 21, 2021 $0.03; Sep 20, 2021 $0.02; Dec 20, 2021 $0.01; Mar 21, 2022 $0.04; Jun 21, 2022 $0.04; Sep 19, 2022 $0.06; Dec 19, 2022 $0.06; Mar 20, 2023 $0.06; Jun 20, 2023 $0.06; Sep 18, 2023 $0.02; Dec 18, 2023 $0.05; Jun 24, 2024 $0.05; Sep 23, 2024 $0.0072; Dec 23, 2024 $0.03; Mar 24, 2025 $0.0051; Jun 23, 2025 $0.04; Sep 22, 2025 $0.02; Dec 22, 2025 $0.0047; Mar 23, 2026 $0.0032; Jun 22, 2026 $0.02. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 22, 2026Jun 26, 2026$0.02
Mar 23, 2026Mar 27, 2026$0.0032
Dec 22, 2025Dec 26, 2025$0.0047
Sep 22, 2025Sep 26, 2025$0.02
Jun 23, 2025Jun 27, 2025$0.04
Mar 24, 2025Mar 28, 2025$0.0051
Dec 23, 2024Dec 27, 2024$0.03
Sep 23, 2024Sep 27, 2024$0.0072
Jun 24, 2024Jun 28, 2024$0.05
Dec 18, 2023Dec 22, 2023$0.05
Sep 18, 2023Sep 22, 2023$0.02
Jun 20, 2023Jun 23, 2023$0.06

See all 53 payments⁠

$10,000 in PSI 10 years ago paid $997 in dividends.⁠

PSI Risk

Risk pillarC41 out of 100Rank 11 of 17 in Semiconductors
How much the fund’s monthly returns vary, scaled to a year.
43.6%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.99
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−44.9%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.26
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PSI Cost

Compare PSI and CHPS

Overpaying vs CHPS, cheapest in Semiconductors

$7,767

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PSI 0.55%

    $10,904

  • CHPS 0.15% Cheapest

    $3,137

$10,000
30 years

Cost over time

  • PSI 0.55%
  • CHPS 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PSI $10,904CHPS $3,137

Year by year

YearPSICHPSOverpaying
10$988$274$714
20$3,790$1,071$2,719
30$10,904$3,137$7,767

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