PSI vs. SXT

Last updated Jun 4, 2026

PSI (Invesco Semiconductors ETF) is Semiconductors fund tracking the Dynamic Semiconductors Intellidex Index, while SXT (Sensient Technologies Corporation) is a stock. Over the past 10 years, PSI returned 34.28%/yr vs 7.22%/yr for SXT. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

PSI vs. SXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Semiconductors ETF (PSI) and Sensient Technologies Corporation (SXT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSI achieves a 107.72% return, which is significantly higher than SXT's 21.08% return. Over the past 10 years, PSI has outperformed SXT with an annualized return of 34.28%, while SXT has yielded a comparatively lower 7.22% annualized return.

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%

SXT

• 1D: -0.43%
• 1M: -1.05%
• YTD: 21.08%
• 6M: 22.82%
• 1Y: 22.17%
• 3Y*: 15.94%
• 5Y*: 7.06%
• 10Y*: 7.22%

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

PSI vs. SXT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSI Invesco Semiconductors ETF	107.72%	36.32%	17.17%	49.06%	-34.43%	46.55%	56.75%	52.49%	-11.55%	40.16%
SXT Sensient Technologies Corporation	21.08%	34.22%	10.49%	-7.24%	-25.61%	38.25%	14.86%	21.00%	-22.13%	-5.40%

Correlation

The correlation between PSI and SXT is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jun 24, 2005	0.50

Over the past year, the correlation between PSI and SXT has dropped to 0.24 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.

Return for Risk

PSI vs. SXT — Risk / Return Rank

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

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

SXT

SXT Risk / Return Rank: 58
SXT Sharpe Ratio Rank: 61
SXT Sortino Ratio Rank: 62
SXT Omega Ratio Rank: 59
SXT Calmar Ratio Rank: 56
SXT Martin Ratio Rank: 54

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.

PSI vs. SXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Semiconductors ETF (PSI) and Sensient Technologies Corporation (SXT). 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.

	PSI	SXT	Difference
Sharpe ratio: Return per unit of total volatility	5.58	0.59	+4.99
Sortino ratio: Return per unit of downside risk	5.11	1.33	+3.77
Omega ratio: Gain probability vs. loss probability	1.69	1.16	+0.53
Calmar ratio: Return relative to maximum drawdown	13.59	0.73	+12.87
Martin ratio: Return relative to average drawdown	49.28	1.30	+47.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSI vs. SXT - Sharpe Ratio Comparison

The current PSI Sharpe Ratio is 5.58, which is higher than the SXT Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of PSI and SXT, 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

	PSI	SXT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.58	0.59	+4.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.24	+0.61
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.98	0.26	+0.72
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.39	+0.20

Drawdowns

PSI vs. SXT - Drawdown Comparison

The maximum PSI drawdown since its inception was -62.96%, which is greater than SXT's maximum drawdown of -50.61%. Use the drawdown chart below to compare losses from any high point for PSI and SXT.

Drawdown Indicators

	PSI	SXT	Difference
Max Drawdown Largest peak-to-trough decline	-62.96%	-50.61%	-12.35%
Max Drawdown (1Y) Largest decline over 1 year	-15.48%	-30.70%	+15.22%
Max Drawdown (3Y) Largest decline over 3 years	-41.07%	-31.60%	-9.47%
Max Drawdown (5Y) Largest decline over 5 years	-44.85%	-47.61%	+2.76%
Max Drawdown (10Y) Largest decline over 10 years	-44.85%	-50.61%	+5.76%
Current Drawdown Current decline from peak	0.00%	-9.13%	+9.13%
Average Drawdown Average peak-to-trough decline	-15.94%	-12.96%	-2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.26%	17.13%	-12.87%

Volatility

PSI vs. SXT - Volatility Comparison

Invesco Semiconductors ETF (PSI) has a higher volatility of 13.60% compared to Sensient Technologies Corporation (SXT) at 6.62%. This indicates that PSI's price experiences larger fluctuations and is considered to be riskier than SXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSI	SXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.60%	6.62%	+6.98%
Volatility (6M) Calculated over the trailing 6-month period	30.09%	30.72%	-0.63%
Volatility (1Y) Calculated over the trailing 1-year period	37.75%	37.62%	+0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.85%	29.49%	+8.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.09%	28.31%	+6.78%

Dividends

PSI vs. SXT - Dividend Comparison

PSI's dividend yield for the trailing twelve months is around 0.05%, less than SXT's 1.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SXT Sensient Technologies Corporation	1.45%	1.75%	2.30%	2.48%	2.25%	1.58%	2.11%	2.22%	2.42%	1.68%	1.41%	1.66%

Frequently Asked Questions

Can I hold both PSI and SXT in my portfolio?

PSI and SXT have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSI or SXT?

PSI has higher volatility (13.60%) compared to SXT (6.62%). In terms of maximum drawdown, PSI dropped -62.96% vs SXT's -50.61%.

Which has better risk-adjusted returns?

PSI currently has the higher Sharpe Ratio (5.58 vs 0.59), 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.