EUV vs. PSI

Last updated Jul 21, 2026

EUV (Corgi Lithography & Semiconductor Photonics ETF) and PSI (Invesco Semiconductors ETF) are both exchange-traded funds - EUV is a Technology Equities fund actively managed by Corgi Funds, while PSI is a Semiconductors fund tracking the Dynamic Semiconductors Intellidex Index. EUV is actively managed, while PSI is passively managed. Their correlation of 0.93 suggests significant overlap in exposure. EUV charges 0.35%/yr vs 0.56%/yr for PSI.

Performance

EUV vs. PSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Corgi Lithography & Semiconductor Photonics ETF (EUV) and Invesco Semiconductors ETF (PSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EUV

• 1D: -0.08%
• 1M: -19.50%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PSI

• 1D: 0.24%
• 1M: -19.44%
• 6M: 55.16%
• YTD: 82.08%
• 1Y: 131.76%
• 3Y*: 46.66%
• 5Y*: 28.58%
• 10Y*: 31.78%
• ALL TIME*: 17.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EUV vs. PSI - Yearly Performance Comparison

	2026 (YTD)
EUV Corgi Lithography & Semiconductor Photonics ETF	-7.89%
PSI Invesco Semiconductors ETF	2.80%

Correlation

The correlation between EUV and PSI is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 6, 2026	0.93

Return for Risk

EUV vs. PSI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EUV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PSI

PSI Risk / Return Rank: 92
PSI Sharpe Ratio Rank: 95
PSI Sortino Ratio Rank: 86
PSI Omega Ratio Rank: 87
PSI Calmar Ratio Rank: 95
PSI Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EUV vs. PSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corgi Lithography & Semiconductor Photonics ETF (EUV) and Invesco Semiconductors ETF (PSI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EUV	PSI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.84	—
Sortino ratio: Return per unit of downside risk	—	3.00	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	5.58	—
Martin ratio: Return relative to average drawdown	—	21.50	—

Drawdowns

EUV vs. PSI - Drawdown Comparison

The maximum EUV drawdown since its inception was -24.11%, smaller than the maximum PSI drawdown of -62.96%. Use the drawdown chart below to compare losses from any high point for EUV and PSI.

Drawdown Indicators

	EUV	PSI	Difference
Max Drawdown Largest peak-to-trough decline	-24.11%	-62.96%	+38.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-41.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.85%	—
Current Drawdown Current decline from peak	-24.11%	-23.56%	-0.55%
Average Drawdown Average peak-to-trough decline	-7.27%	-15.90%	+8.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.15%	—

Volatility

Volatility by Period

	EUV	PSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	40.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	69.77%	46.83%	+22.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.77%	39.82%	+29.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.77%	36.12%	+33.65%

EUV vs. PSI - Expense Ratio Comparison

EUV has a 0.35% expense ratio, which is lower than PSI's 0.56% expense ratio.

Dividends

EUV vs. PSI - Dividend Comparison

EUV has not paid dividends to shareholders, while PSI's dividend yield for the trailing twelve months is around 0.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUV Corgi Lithography & Semiconductor Photonics ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSI Invesco Semiconductors ETF	0.03%	0.10%	0.15%	0.40%	0.61%	0.14%	0.21%	0.52%	0.83%	0.21%	0.68%	0.16%

Frequently Asked Questions

Can I hold both EUV and PSI in my portfolio?

With a correlation of 0.93, EUV and PSI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EUV or PSI?

On fees, EUV is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUV or PSI?

EUV is cheaper with a 0.35% expense ratio, compared with 0.56% for PSI.

Which ETF pays a higher dividend yield, EUV or PSI?

PSI has the higher dividend yield at 0.03%, compared with 0.00% for EUV.

What is the main difference between EUV and PSI?

EUV is categorized as Technology Equities, while PSI is Semiconductors. They also come from different issuers: Corgi Funds and Invesco. Their fees differ too: 0.35% for EUV and 0.56% for PSI.