PSCT vs. CHPS

Last updated Jun 24, 2026

PSCT (Invesco S&P SmallCap Information Technology ETF) and CHPS (Xtrackers Semiconductor Select Equity ETF) are both exchange-traded funds - PSCT is a Technology Equities fund tracking the S&P SmallCap 600 Information Technology Index, while CHPS is a Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index. Both are passively managed. Over the past year, PSCT returned 89.11% vs 199.74% for CHPS. A 0.79 correlation means they provide meaningful diversification when combined. PSCT charges 0.29%/yr vs 0.15%/yr for CHPS.

Performance

PSCT vs. CHPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Information Technology ETF (PSCT) and Xtrackers Semiconductor Select Equity ETF (CHPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCT achieves a 49.75% return, which is significantly lower than CHPS's 107.68% return.

PSCT

• 1D: -2.98%
• 1M: 1.89%
• YTD: 49.75%
• 6M: 45.37%
• 1Y: 89.11%
• 3Y*: 22.35%
• 5Y*: 12.33%
• 10Y*: 16.76%

CHPS

• 1D: -8.79%
• 1M: 14.08%
• YTD: 107.68%
• 6M: 109.36%
• 1Y: 199.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCT vs. CHPS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PSCT Invesco S&P SmallCap Information Technology ETF	49.75%	18.63%	-1.06%	-2.01%
CHPS Xtrackers Semiconductor Select Equity ETF	107.68%	58.47%	7.75%	10.88%

Correlation

The correlation between PSCT and CHPS is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jul 13, 2023	0.79

The correlation between PSCT and CHPS has been stable across timeframes, ranging from 0.79 to 0.79 - a consistent structural relationship.

PSCT vs. CHPS - Sectors Allocation Comparison

Sectors	PSCT	CHPS
Technology	86.5%	99.6%
Industrials	5.3%	0.4%
Energy	3.7%	0.6%
Financial Services	3.5%	0.2%
Basic Materials	-	-
Communication Services	-	0.0%
Consumer Cyclical	-	0.0%
Consumer Defensive	-	0.0%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

PSCT vs. CHPS — Risk / Return Rank

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

PSCT

PSCT Risk / Return Rank: 86
PSCT Sharpe Ratio Rank: 89
PSCT Sortino Ratio Rank: 80
PSCT Omega Ratio Rank: 77
PSCT Calmar Ratio Rank: 92
PSCT Martin Ratio Rank: 94

CHPS

CHPS Risk / Return Rank: 96
CHPS Sharpe Ratio Rank: 98
CHPS Sortino Ratio Rank: 94
CHPS Omega Ratio Rank: 94
CHPS Calmar Ratio Rank: 98
CHPS Martin Ratio Rank: 97

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.

PSCT vs. CHPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Information Technology ETF (PSCT) and Xtrackers Semiconductor Select Equity ETF (CHPS). 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.

	PSCT	CHPS	Difference
Sharpe ratio: Return per unit of total volatility	2.83	5.05	-2.22
Sortino ratio: Return per unit of downside risk	3.32	4.70	-1.37
Omega ratio: Gain probability vs. loss probability	1.43	1.66	-0.23
Calmar ratio: Return relative to maximum drawdown	6.05	11.49	-5.44
Martin ratio: Return relative to average drawdown	24.56	42.41	-17.85

PSCT vs. CHPS - Sharpe Ratio Comparison

The current PSCT Sharpe Ratio is 2.83, which is lower than the CHPS Sharpe Ratio of 5.05. The chart below compares the historical Sharpe Ratios of PSCT and CHPS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PSCT vs. CHPS - Drawdown Comparison

The maximum PSCT drawdown since its inception was -40.44%, roughly equal to the maximum CHPS drawdown of -39.44%. Use the drawdown chart below to compare losses from any high point for PSCT and CHPS.

Drawdown Indicators

	PSCT	CHPS	Difference
Max Drawdown Largest peak-to-trough decline	-40.44%	-39.44%	-1.00%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-17.50%	+2.70%
Max Drawdown (3Y) Largest decline over 3 years	-33.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	—	—
Current Drawdown Current decline from peak	-4.02%	-8.79%	+4.77%
Average Drawdown Average peak-to-trough decline	-7.89%	-9.08%	+1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	4.73%	-1.09%

Volatility

PSCT vs. CHPS - Volatility Comparison

The current volatility for Invesco S&P SmallCap Information Technology ETF (PSCT) is 13.89%, while Xtrackers Semiconductor Select Equity ETF (CHPS) has a volatility of 22.65%. This indicates that PSCT experiences smaller price fluctuations and is considered to be less risky than CHPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCT	CHPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.89%	22.65%	-8.76%
Volatility (6M) Calculated over the trailing 6-month period	23.58%	34.27%	-10.69%
Volatility (1Y) Calculated over the trailing 1-year period	31.64%	39.81%	-8.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.15%	35.53%	-7.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.88%	35.53%	-8.65%

PSCT vs. CHPS - Expense Ratio Comparison

PSCT has a 0.29% expense ratio, which is higher than CHPS's 0.15% expense ratio.

Dividends

PSCT vs. CHPS - Dividend Comparison

PSCT has not paid dividends to shareholders, while CHPS's dividend yield for the trailing twelve months is around 0.31%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHPS Xtrackers Semiconductor Select Equity ETF	0.31%	0.68%	1.75%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSCT Invesco S&P SmallCap Information Technology ETF	0.00%	0.02%	0.01%	0.02%	0.00%	0.01%	0.08%	0.22%	0.47%	0.19%	0.25%	0.15%

Frequently Asked Questions

Can I hold both PSCT and CHPS in my portfolio?

PSCT and CHPS have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCT or CHPS?

CHPS has higher volatility (22.65%) compared to PSCT (13.89%). In terms of maximum drawdown, PSCT dropped -40.44% vs CHPS's -39.44%.

Which ETF is better, PSCT or CHPS?

On 1-year performance, CHPS leads with 199.74% vs 89.11% for PSCT. On fees, CHPS is cheaper at 0.15% per year. On volatility, PSCT has been the lower-risk option at 13.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCT or CHPS?

Over the 1-year period, CHPS has performed better with a 199.74% return vs 89.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCT or CHPS?

CHPS is cheaper with a 0.15% expense ratio, compared with 0.29% for PSCT.

Which ETF pays a higher dividend yield, PSCT or CHPS?

CHPS has the higher dividend yield at 0.31%, compared with 0.00% for PSCT.

What is the main difference between PSCT and CHPS?

PSCT is categorized as Technology Equities, while CHPS is Semiconductors. PSCT tracks S&P SmallCap 600 Information Technology Index, while CHPS tracks Solactive Semiconductor ESG Screened Index. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.29% for PSCT and 0.15% for CHPS.

Which has better risk-adjusted returns?

CHPS currently has the higher Sharpe Ratio (5.05 vs 2.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.