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PSI - ETF AI Analysis
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Invesco Dynamic Semiconductors ETF (PSI)
Rating:70Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and over the past few months, indicating solid recent momentum.
Leading Semiconductor Holdings
Many of the top positions, such as Micron, Lam Research, Intel, and several smaller chip-related names, have delivered strong year-to-date performance that supports the fund’s returns.
Meaningful Fund Size
With over a billion dollars in assets, the ETF is a well-established product that is likely to have good trading liquidity for most investors.
Negative Factors
High Sector Concentration
Nearly all of the fund is invested in technology and specifically semiconductors, which increases risk if this single industry faces a downturn.
Limited Geographic Diversification
The ETF is almost entirely invested in U.S. companies, offering little exposure to semiconductor firms in other regions.
Above-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the returns are eaten up by fees over time.
PSI vs. SPDR S&P 500 ETF (SPY)
AUM1.23B
RegionNorth America
Expense Ratio0.56%
Beta1.97
IssuerInvesco
Inception DateJun 23, 2005
Dividend Yield0.08%
Asset ClassEquity
Index TrackedDynamic Semiconductor Intellidex Index (AMEX)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume120,960
30 Day Avg. Volume78,052
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
108.69Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PSI Summary
The Invesco Dynamic Semiconductors ETF (PSI) is a fund that focuses on semiconductor companies, following the Dynamic Semiconductor Intellidex Index. Semiconductors are the chips that power phones, computers, cars, and data centers. This ETF holds well-known names like Nvidia, Intel, and Micron, along with other chip makers and related tech firms. Someone might invest in PSI to seek growth from long-term trends such as artificial intelligence, 5G, and the Internet of Things. However, it is heavily concentrated in the semiconductor industry, so its price can swing sharply with tech sector ups and downs.
How much will it cost me?The Invesco Dynamic Semiconductors ETF (PSI) has an expense ratio of 0.56%, meaning you’ll pay $5.60 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, focusing on a specific sector with a unique stock selection strategy. Active management often involves higher costs due to more research and trading activity.
What would affect this ETF?The Invesco Dynamic Semiconductors ETF (PSI) could benefit from growing demand for advanced technologies like AI, 5G, and IoT, which rely heavily on semiconductors. However, it may face challenges from global economic slowdowns, regulatory changes, or supply chain disruptions affecting the semiconductor industry. Its focus on U.S.-based companies and top holdings like Nvidia and AMD makes it sensitive to shifts in technology trends and geopolitical factors impacting North America.
PSI Top 10 Holdings
PSI is a pure play on U.S. chipmakers, and its story is being written mostly by a handful of heavyweights. Micron, Lam Research, and KLA have been rising steadily, giving the fund a solid lift as demand for advanced memory and chip equipment stays strong. Intel has also been climbing, helping to round out the rally in core semiconductor names. On the flip side, Nvidia looks a bit tired after a huge run, and Qualcomm has been lagging, acting as mild brakes on an otherwise fast-moving semiconductor portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Micron | 7.44% | $90.96M | $492.75B | 362.65% | 79 Outperform | |
| Lam Research | 6.01% | $73.48M | $296.58B | 187.95% | 77 Outperform | |
| Intel | 5.19% | $63.52M | $243.81B | 155.31% | 64 Neutral | |
| KLA | 4.73% | $57.81M | $184.88B | 80.90% | 77 Outperform | |
| Advanced Micro Devices | 4.36% | $53.27M | $400.94B | 102.60% | 73 Outperform | |
| Ultra Clean Holdings | 4.14% | $50.67M | $2.09B | 21.95% | 52 Neutral | |
| ACM Research | 3.96% | $48.43M | $3.97B | 195.26% | 72 Outperform | |
| Nvidia | 3.87% | $47.28M | $4.51T | 51.99% | 76 Outperform | |
| Qualcomm | 3.52% | $43.00M | $163.01B | -14.94% | 80 Outperform | |
| Photronics | 3.44% | $42.04M | $2.13B | 56.26% | 74 Outperform |
PSI Technical Analysis
Neutral
―
Price Trends
84.56
Positive
78.88
Positive
67.96
Positive
Market Momentum
2.80
Positive
51.69
Neutral
42.77
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PSI, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 92.08, equal to the 50-day MA of 84.56, and equal to the 200-day MA of 67.96, indicating a neutral trend. The MACD of 2.80 indicates Positive momentum. The RSI at 51.69 is Neutral, neither overbought nor oversold. The STOCH value of 42.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PSI.
PSI Peer Comparison
Comparison Results
Performance Comparison
PSI
Invesco Dynamic Semiconductors ETF
90.77
29.44
48.00%
RSPT
Invesco S&P 500 Equal Weight Technology ETF
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QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
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XSD
SPDR S&P Semiconductor ETF
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―
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FTXL
First Trust Nasdaq Semiconductor ETF
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―
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SOXQ
Invesco PHLX Semiconductor ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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