PSI Alternatives & Similar ETFs

Invesco Semiconductors ETF (PSI) belongs to the Semiconductors category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PSI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PSI

PSI charges 0.56% annually. There are 8 ETFs in the Semiconductors category with lower expense ratios, going as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
CHPS	Xtrackers Semiconductor Select Equity ETF	0.15%	115.48M	Jul 2023	PSI vs CHPS
SOXQ	Invesco PHLX Semiconductor ETF	0.19%	3.22B	Jun 2021	PSI vs SOXQ
SOXX	iShares Semiconductor ETF	0.34%	46.67B	Jul 2001	PSI vs SOXX
SMHX	VanEck Fabless Semiconductor ETF	0.35%	361.77M	Aug 2024	PSI vs SMHX
XSD	SPDR S&P Semiconductor ETF	0.35%	3.91B	Jan 2006	PSI vs XSD

Best Risk-Adjusted Alternatives to PSI

PSI has a PortfoliosLab risk / return rank of 96. There are 2 ETFs in the Semiconductors category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
CHPS	Xtrackers Semiconductor Select Equity ETF	96	115.48M	Jul 2023	PSI vs CHPS
FTXL	First Trust Nasdaq Semiconductor ETF	96	2.89B	Sep 2016	PSI vs FTXL
SOXL	Direxion Daily Semiconductor Bull 3X ETF	96	28.01B	Mar 2010	PSI vs SOXL
CHPY	YieldMax Semiconductor Portfolio Option Income ETF	95	1.16B	Apr 2025	PSI vs CHPY
SOXX	iShares Semiconductor ETF	95	46.67B	Jul 2001	PSI vs SOXX

Top Performing PSI Alternatives (YTD)

PSI is at 116.16% YTD. There is 1 ETF in the Semiconductors category with a higher YTD return, going as high as 450.61%.

Symbol	Name	YTD Return	AUM	Inception
SOXL	Direxion Daily Semiconductor Bull 3X ETF	450.61%	28.01B	Mar 2010	PSI vs SOXL
FTXL	First Trust Nasdaq Semiconductor ETF	111.02%	2.89B	Sep 2016	PSI vs FTXL
CHPS	Xtrackers Semiconductor Select Equity ETF	107.68%	115.48M	Jul 2023	PSI vs CHPS
SOXX	iShares Semiconductor ETF	100.58%	46.67B	Jul 2001	PSI vs SOXX
SOXQ	Invesco PHLX Semiconductor ETF	90.62%	3.22B	Jun 2021	PSI vs SOXQ

Lowest Volatility Alternatives to PSI

PSI has 42.19% 1-year volatility. There are 12 ETFs in the Semiconductors category with lower 1-year volatility, going as low as 17.98%.

Symbol	Name	Volatility 1Y	AUM	Inception
MUYY	GraniteShares YieldBOOST MU ETF	17.98%	13.93M	Apr 2026	PSI vs MUYY
SEMI	Columbia Select Technology ETF	24.91%	38.12M	Mar 2022	PSI vs SEMI
SEMY	GraniteShares YieldBOOST Semiconductors ETF	25.93%	96.46M	Nov 2025	PSI vs SEMY
CHPY	YieldMax Semiconductor Portfolio Option Income ETF	32.57%	1.16B	Apr 2025	PSI vs CHPY
SMH	VanEck Semiconductor ETF	34.87%	84.54B	Dec 2011	PSI vs SMH

Lowest Drawdown Alternatives to PSI

PSI has a 1-year max drawdown of -15.48%. There are 5 ETFs in the Semiconductors category with shallower 1-year drawdowns, going as shallow as -12.17%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CHPY	YieldMax Semiconductor Portfolio Option Income ETF	-12.17%	1.16B	Apr 2025	PSI vs CHPY
SEMI	Columbia Select Technology ETF	-14.41%	38.12M	Mar 2022	PSI vs SEMI
FTXL	First Trust Nasdaq Semiconductor ETF	-14.51%	2.89B	Sep 2016	PSI vs FTXL
SHOC	Strive U.S. Semiconductor ETF	-14.59%	238.64M	Oct 2022	PSI vs SHOC
SMH	VanEck Semiconductor ETF	-14.93%	84.54B	Dec 2011	PSI vs SMH

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 11 categories. AUM among these funds goes as high as $493B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQQ	Invesco QQQ ETF	Nasdaq-100	59	16.45%	493.17B	Mar 1999	PSI vs QQQ
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	68	29.91%	21.99B	Oct 2015	PSI vs SPMO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	60	16.48%	101.29B	Oct 2020	PSI vs QQQM
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500, Equal Weight	49	9.94%	92.57B	Apr 2003	PSI vs RSP
XLG	Invesco S&P 500 Top 50 ETF	S&P 500	39	1.60%	10.60B	May 2005	PSI vs XLG
SPHQ	Invesco S&P 500 Quality ETF	S&P 500, Large Cap Blend Equities	61	16.54%	21.05B	Dec 2005	PSI vs SPHQ
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	30	8.20%	3.27B	Oct 2012	PSI vs SPHD
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	66	22.90%	8.18B	Mar 2005	PSI vs XMMO
PPA	Invesco Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	38	9.76%	8.26B	Oct 2005	PSI vs PPA
IDMO	Invesco S&P International Developed Momentum ETF	Momentum, Foreign Large Cap Equities	45	9.69%	3.93B	Feb 2012	PSI vs IDMO

Often Compared With PSI

Investors most often compare PSI with FSELX, XLE, VOO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FSELX	Fidelity Select Semiconductors Portfolio	Semiconductors, Technology Equities	96	89.12%	—	Jul 1985	PSI vs FSELX
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	42	23.49%	36.84B	Dec 1998	PSI vs XLE
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	PSI vs VOO
VGT	Vanguard Information Technology ETF	Technology Equities	58	23.32%	170.10B	Mar 2004	PSI vs VGT
SSG	Proshares Ultrashort Semiconductors	Leveraged Equities	0	-58.97%	38.98M	Jan 2007	PSI vs SSG
AIS	VistaShares Artificial Intelligence Supercycle ETF	Technology Equities	96	113.37%	574.75M	Dec 2024	PSI vs AIS
FSRPX	Fidelity Select Retailing Portfolio	Consumer Discretionary Equities	2	1.89%	—	Dec 1985	PSI vs FSRPX
LSMC.DE	Amundi MSCI Semiconductors ESG Screened UCITS ETF	Semiconductors, Technology Equities	94	67.72%	—	Jul 2020	PSI vs LSMC.DE
YALL	God Bless America ETF	Large Cap Blend Equities	12	-3.05%	101.04M	Oct 2022	PSI vs YALL
SXC	SunCoke Energy, Inc.		49	19.84%	—	—	PSI vs SXC
RETL	Direxion Daily Retail Bull 3X Shares	Leveraged Equities	13	-7.34%	31.14M	Jul 2010	PSI vs RETL
CHPX	Global X AI Semiconductor & Quantum ETF	Semiconductors, Technology Equities	—	88.06%	269.00M	Sep 2025	PSI vs CHPX
XESG.TO	iShares ESG Aware MSCI Canada Index ETF	Canada Equities	69	10.76%	637.70M	Mar 2019	PSI vs XESG.TO
BWET	Breakwave Tanker Shipping ETF	Commodities	98	968.33%	28.22M	May 2023	PSI vs BWET
TCAI	Tortoise AI Infrastructure ETF	Technology Equities	—	86.83%	169.58M	Aug 2025	PSI vs TCAI
SXT	Sensient Technologies Corporation		60	27.38%	—	—	PSI vs SXT
AIPO	Defiance AI & Power Infrastructure ETF	Building & Construction, Technology Equities	—	49.55%	738.53M	Jul 2025	PSI vs AIPO
XLK	State Street Technology Select Sector SPDR ETF	Technology Equities	66	28.25%	130.33B	Dec 1998	PSI vs XLK
PTF	Invesco Dorsey Wright Technology Momentum ETF	Momentum, Technology Equities	76	69.43%	851.02M	Oct 2006	PSI vs PTF
IGV	iShares Expanded Tech-Software Sector ETF	Technology Equities	4	-17.37%	13.68B	Jul 2001	PSI vs IGV

Compare PSI with Any Fund or Stock

Compare PSI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair PSI with funds that move differently

Invesco Semiconductors ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSI.

Explore PSI Diversifiers

Invesco Semiconductors ETF (PSI) Alternatives