PSCT vs. PSI

Last updated Jun 4, 2026

PSCT (Invesco S&P SmallCap Information Technology ETF) and PSI (Invesco Semiconductors ETF) are both exchange-traded funds - PSCT is a Technology Equities fund tracking the S&P SmallCap 600 Information Technology Index, while PSI is a Semiconductors fund tracking the Dynamic Semiconductors Intellidex Index. Both are passively managed. Over the past 10 years, PSCT returned 16.70%/yr vs 34.28%/yr for PSI. Their correlation of 0.84 suggests significant overlap in exposure. PSCT charges 0.29%/yr vs 0.56%/yr for PSI.

Performance

PSCT vs. PSI - Performance Comparison

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

Returns By Period

In the year-to-date period, PSCT achieves a 54.18% return, which is significantly lower than PSI's 107.72% return. Over the past 10 years, PSCT has underperformed PSI with an annualized return of 16.70%, while PSI has yielded a comparatively higher 34.28% annualized return.

PSCT

• 1D: -1.18%
• 1M: 15.45%
• YTD: 54.18%
• 6M: 50.59%
• 1Y: 98.87%
• 3Y*: 23.44%
• 5Y*: 13.84%
• 10Y*: 16.70%

PSI

• 1D: 1.35%
• 1M: 21.18%
• YTD: 107.72%
• 6M: 104.36%
• 1Y: 208.96%
• 3Y*: 57.01%
• 5Y*: 31.86%
• 10Y*: 34.28%

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

PSCT vs. PSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSCT Invesco S&P SmallCap Information Technology ETF	54.18%	18.63%	-1.06%	20.81%	-22.50%	26.26%	27.79%	39.38%	-9.34%	9.96%
PSI Invesco Semiconductors ETF	107.72%	36.32%	17.17%	49.06%	-34.43%	46.55%	56.75%	52.49%	-11.55%	40.16%

Correlation

The correlation between PSCT and PSI is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Apr 8, 2010	0.84

The correlation between PSCT and PSI has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.

PSCT vs. PSI - Sectors Allocation Comparison

Sectors	PSCT	PSI
Technology	85.2%	97.6%
Industrials	5.1%	2.4%
Energy	5.0%	-
Financial Services	3.7%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

PSCT vs. PSI — Risk / Return Rank

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

PSCT

PSCT Risk / Return Rank: 89
PSCT Sharpe Ratio Rank: 92
PSCT Sortino Ratio Rank: 85
PSCT Omega Ratio Rank: 81
PSCT Calmar Ratio Rank: 93
PSCT Martin Ratio Rank: 94

PSI

PSI Risk / Return Rank: 96
PSI Sharpe Ratio Rank: 98
PSI Sortino Ratio Rank: 95
PSI Omega Ratio Rank: 94
PSI Calmar Ratio Rank: 98
PSI 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. PSI - Risk-Adjusted Trends Comparison

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

	PSCT	PSI	Difference
Sharpe ratio: Return per unit of total volatility	3.35	5.58	-2.24
Sortino ratio: Return per unit of downside risk	3.88	5.11	-1.23
Omega ratio: Gain probability vs. loss probability	1.49	1.69	-0.20
Calmar ratio: Return relative to maximum drawdown	6.72	13.59	-6.88
Martin ratio: Return relative to average drawdown	28.34	49.28	-20.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSCT vs. PSI - Sharpe Ratio Comparison

The current PSCT Sharpe Ratio is 3.35, which is lower than the PSI Sharpe Ratio of 5.58. The chart below compares the historical Sharpe Ratios of PSCT and PSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PSCT	PSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.35	5.58	-2.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.85	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.98	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.59	+0.03

Drawdowns

PSCT vs. PSI - Drawdown Comparison

The maximum PSCT drawdown since its inception was -40.44%, smaller than the maximum PSI drawdown of -62.96%. Use the drawdown chart below to compare losses from any high point for PSCT and PSI.

Drawdown Indicators

	PSCT	PSI	Difference
Max Drawdown Largest peak-to-trough decline	-40.44%	-62.96%	+22.52%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-15.48%	+0.68%
Max Drawdown (3Y) Largest decline over 3 years	-33.96%	-41.07%	+7.11%
Max Drawdown (5Y) Largest decline over 5 years	-34.80%	-44.85%	+10.05%
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	-44.85%	+4.41%
Current Drawdown Current decline from peak	-1.18%	0.00%	-1.18%
Average Drawdown Average peak-to-trough decline	-7.91%	-15.94%	+8.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	4.26%	-0.76%

Volatility

PSCT vs. PSI - Volatility Comparison

The current volatility for Invesco S&P SmallCap Information Technology ETF (PSCT) is 9.00%, while Invesco Semiconductors ETF (PSI) has a volatility of 13.60%. This indicates that PSCT experiences smaller price fluctuations and is considered to be less risky than PSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCT	PSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.00%	13.60%	-4.60%
Volatility (6M) Calculated over the trailing 6-month period	21.05%	30.09%	-9.04%
Volatility (1Y) Calculated over the trailing 1-year period	29.82%	37.75%	-7.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.68%	37.85%	-10.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.67%	35.09%	-8.42%

PSCT vs. PSI - Expense Ratio Comparison

PSCT has a 0.29% expense ratio, which is lower than PSI's 0.56% expense ratio.

Dividends

PSCT vs. PSI - Dividend Comparison

PSCT's dividend yield for the trailing twelve months is around 0.01%, less than PSI's 0.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCT Invesco S&P SmallCap Information Technology ETF	0.01%	0.02%	0.01%	0.02%	0.00%	0.01%	0.08%	0.22%	0.47%	0.19%	0.25%	0.15%
PSI Invesco Semiconductors ETF	0.05%	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 PSCT and PSI in my portfolio?

PSCT and PSI have a correlation of 0.86, 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 PSI?

PSI has higher volatility (13.60%) compared to PSCT (9.00%). In terms of maximum drawdown, PSCT dropped -40.44% vs PSI's -62.96%.

Which ETF is better, PSCT or PSI?

On 10-year performance, PSI leads with 34.28% vs 16.70% for PSCT. On fees, PSCT is cheaper at 0.29% per year. On volatility, PSCT has been the lower-risk option at 9.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCT or PSI?

Over the 10-year period, PSI has performed better with a 34.28% return vs 16.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCT or PSI?

PSCT is cheaper with a 0.29% expense ratio, compared with 0.56% for PSI.

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

PSI has the higher dividend yield at 0.05%, compared with 0.01% for PSCT.

What is the main difference between PSCT and PSI?

PSCT is categorized as Technology Equities, while PSI is Semiconductors. PSCT tracks S&P SmallCap 600 Information Technology Index, while PSI tracks Dynamic Semiconductors Intellidex Index. Their fees differ too: 0.29% for PSCT and 0.56% for PSI.

Which has better risk-adjusted returns?

PSI currently has the higher Sharpe Ratio (5.58 vs 3.35), 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.