PSI vs. XLE
Compare and contrast key facts about Invesco Dynamic Semiconductors ETF (PSI) and Energy Select Sector SPDR Fund (XLE).
PSI and XLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSI is a passively managed fund by Invesco that tracks the performance of the Dynamic Semiconductors Intellidex Index. It was launched on Jun 23, 2005. XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998. Both PSI and XLE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSI or XLE.
Correlation
The correlation between PSI and XLE is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PSI vs. XLE - Performance Comparison
Key characteristics
PSI:
-0.22
XLE:
-0.46
PSI:
-0.01
XLE:
-0.45
PSI:
1.00
XLE:
0.93
PSI:
-0.25
XLE:
-0.57
PSI:
-0.62
XLE:
-1.52
PSI:
16.39%
XLE:
7.53%
PSI:
46.12%
XLE:
25.08%
PSI:
-62.96%
XLE:
-71.54%
PSI:
-29.94%
XLE:
-13.92%
Returns By Period
In the year-to-date period, PSI achieves a -19.35% return, which is significantly lower than XLE's -3.07% return. Over the past 10 years, PSI has outperformed XLE with an annualized return of 18.60%, while XLE has yielded a comparatively lower 3.96% annualized return.
PSI
-19.35%
-6.04%
-18.10%
-14.29%
17.85%
18.60%
XLE
-3.07%
-11.28%
-6.73%
-11.11%
23.49%
3.96%
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PSI vs. XLE - Expense Ratio Comparison
PSI has a 0.56% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
PSI vs. XLE — Risk-Adjusted Performance Rank
PSI
XLE
PSI vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Semiconductors ETF (PSI) and Energy Select Sector SPDR Fund (XLE). 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.
Dividends
PSI vs. XLE - Dividend Comparison
PSI's dividend yield for the trailing twelve months is around 0.19%, less than XLE's 3.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSI Invesco Dynamic Semiconductors ETF | 0.19% | 0.15% | 0.40% | 0.61% | 0.14% | 0.21% | 0.52% | 0.83% | 0.21% | 0.68% | 0.16% | 1.77% |
XLE Energy Select Sector SPDR Fund | 3.47% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% |
Drawdowns
PSI vs. XLE - Drawdown Comparison
The maximum PSI drawdown since its inception was -62.96%, smaller than the maximum XLE drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for PSI and XLE. For additional features, visit the drawdowns tool.
Volatility
PSI vs. XLE - Volatility Comparison
Invesco Dynamic Semiconductors ETF (PSI) has a higher volatility of 26.89% compared to Energy Select Sector SPDR Fund (XLE) at 17.44%. This indicates that PSI's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.