PSI - ETF AI Analysis

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Invesco Dynamic Semiconductors ETF (PSI)

Rating:72Outperform

Price Target:―

PSI, the Invesco Dynamic Semiconductors ETF, earns a solid overall rating largely because many of its biggest positions—like Micron, Broadcom, Nvidia, KLA, Texas Instruments, Lam Research, and Applied Materials—show strong financial performance, positive earnings commentary, and strategic exposure to fast-growing areas such as AI and advanced chip technologies. This strength is partly offset by weaker names like nLIGHT, which faces ongoing financial and cash flow challenges, and by a key risk that the fund is heavily concentrated in the semiconductor sector, making it sensitive to industry cycles, valuations, and regulatory issues such as export controls.

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)

AUM1.21B

RegionNorth America

Expense Ratio0.56%

Beta1.96

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. Volume245,915

30 Day Avg. Volume165,799

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

114.96

Price 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 the equipment and specialty names rather than the headline giants. Micron and Lam Research are among the key engines, rising on strong demand tied to AI and advanced memory. Nvidia, while still a star, looks more steady than explosive lately, adding stability rather than fireworks. On the flip side, Ultra Clean and nLIGHT are more mixed, with financial and revenue pressures that can tug at returns. Overall, this is a tightly focused semiconductor bet, not a broad tech basket.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
AVGO	Broadcom	5.69%	$69.25M	$1.59T	75.57%	76 Outperform
MU	Micron	5.35%	$65.06M	$456.23B	327.22%	79 Outperform
NVDA	Nvidia	5.24%	$63.71M	$4.45T	58.45%	76 Outperform
KLAC	KLA	5.16%	$62.77M	$184.76B	106.83%	77 Outperform
AMD	Advanced Micro Devices	5.10%	$62.04M	$322.40B	101.55%	73 Outperform
AMAT	Applied Materials	4.92%	$59.87M	$267.66B	124.92%	77 Outperform
TXN	Texas Instruments	4.91%	$59.76M	$172.48B	9.48%	78 Outperform
LRCX	Lam Research	4.73%	$57.54M	$261.61B	178.36%	77 Outperform
LASR	nLIGHT	3.28%	$39.85M	$3.50B	612.48%	61 Neutral
TSEM	Tower	2.83%	$34.42M	₪41.50B	216.87%	76 Outperform

PSI Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

94.36

Negative

100DMA

85.84

Positive

200DMA

74.30

Positive

Market Momentum

MACD

-0.77

Positive

RSI

43.99

Neutral

STOCH

46.23

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PSI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 97.53, equal to the 50-day MA of 94.36, and equal to the 200-day MA of 74.30, indicating a neutral trend. The MACD of -0.77 indicates Positive momentum. The RSI at 43.99 is Neutral, neither overbought nor oversold. The STOCH value of 46.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PSI.

PSI Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
PSI	―	―	$1.21B	0.56%	72 Outperform
RSPT	―	―	$4.04B	0.40%	71 Outperform
QTEC	―	―	$2.81B	0.55%	74 Outperform
XSD	―	―	$1.64B	0.35%	67 Neutral
FTXL	―	―	$1.50B	0.60%	74 Outperform
SOXQ	―	―	$1.03B	0.19%	74 Outperform

Performance Comparison

PSI

Invesco Dynamic Semiconductors ETF

92.08

39.81

76.16%

RSPT

Invesco S&P 500 Equal Weight Technology ETF

―

QTEC

First Trust NASDAQ-100 Technology Sector Index Fund

―

XSD

SPDR S&P Semiconductor ETF

―

FTXL

First Trust Nasdaq Semiconductor ETF

―

SOXQ

Invesco PHLX Semiconductor ETF

―

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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