Data as of .
FTXL vs PSI: which is really different?
FTXL and PSI hold 52% of their weight in the same names, and FTXL returned more over the year.
ETFIQ Off-Index Score: PSI scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
52% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FTXL and PSI hold 52% of their money in the same securities at the same weight.
| Holding | FTXL | PSI |
|---|---|---|
| Intel Corporation | 9.03% | 6.04% |
| Micron Technology, Inc. | 7.89% | 5.30% |
| Advanced Micro Devices, Inc. | 4.43% | 5.69% |
| Analog Devices, Inc. | 3.86% | 4.89% |
| Texas Instruments Incorporated | 3.80% | 4.99% |
| KLA Corporation | 3.75% | 4.70% |
| Applied Materials, Inc. | 3.61% | 4.51% |
| Lam Research Corporation | 3.56% | 4.46% |
| Amkor Technology, Inc. | 3.69% | 2.75% |
| Teradyne, Inc. | 3.19% | 2.69% |
| Microchip Technology Incorporated | 2.88% | 2.65% |
| ON Semiconductor Corporation | 3.52% | 2.56% |
| Only in FTXL | Only in PSI |
|---|---|
| QUALCOMM Incorporated 7.76% | Cohu Inc 3.03% |
| NVIDIA Corporation 7.49% | Tower Semiconductor Ltd 2.79% |
| Broadcom Inc. 7.19% | SiTime Corp 2.75% |
| Marvell Technology, Inc. 4.29% | Wolfspeed Inc 2.69% |
| NXP Semiconductors N.V. 3.78% | Kulicke & Soffa Industries Inc 2.62% |
| Monolithic Power Systems, Inc. 1.75% | Ichor Holdings Ltd 2.55% |
| Cirrus Logic, Inc. 1.71% | MKS Inc 2.48% |
| Vishay Intertechnology, Inc. 1.01% | Power Integrations Inc 2.45% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FTXL | PSI | FTXL | PSI | FTXL | PSI | |
| 3 months | −17.9% | −21.8% | −20.2 pts | −24.0 pts | −15.4 pts | −19.3 pts |
| 6 months | +59.0% | +47.3% | +41.0 pts | +29.3 pts | +34.8 pts | +23.1 pts |
| 1 year | +116.0% | +96.1% | +99.4 pts | +79.5 pts | +94.2 pts | +74.3 pts |
| 3 years | +253.0% | +225.9% | +174.6 pts | +147.5 pts | +154.8 pts | +127.8 pts |
| Since launch | +1147.2% | +3200.3% | +833.7 pts | +2396.7 pts | +593.6 pts | +1510.0 pts |
| FTXL First Trust Nasdaq Semiconductor ETF Holds 38 stocks in semiconductors, 78% of its weight in S&P 500 companies | PSI Invesco Semiconductors ETF Holds 33 stocks in semiconductors, 48% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | Invesco |
| Theme | Semiconductors | Semiconductors |
| In the S&P 500 | 78.5% | 48.5% |
| Active share vs the S&P 500 | 81.0% | 92.2% |
| In the Nasdaq-100 | 75.1% | 43.2% |
| Holdings | 38 | 33 |
| Top ten, share of the fund | 59.5% | 47.5% |
| Expense ratio | 0.60% | 0.55% |
| Fee for the differing part | 0.74% | 0.60% |
| Total return, 1 year | +116.0% | +96.1% |
| vs the S&P 500 | +99.4 pts | +79.5 pts |
| vs the Nasdaq-100 | +94.2 pts | +74.3 pts |
| Below its high | −20.1% | −25.8% |
| Net assets | $1.5bn | $2.7bn |
FTXL in plain words
By weight, 78% of FTXL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 60% of the fund across 38 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +116.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 99.4 pts. It sits 20.1% below its all-time high of Jun 22, 2026.
PSI in plain words
By weight, 48% of PSI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 48% of the fund across 33 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned +96.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 79.5 pts. It sits 25.8% below its all-time high of Jun 30, 2026.
Questions people ask
- Do FTXL and PSI hold the same stocks?
- By their latest filings, 52% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, FTXL or PSI?
- FTXL has 78% of its weight in S&P 500 names and PSI has 48%, so PSI differs more from the index.
- Which is cheaper, FTXL or PSI?
- FTXL charges 0.60% a year and PSI charges 0.55%, so PSI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FTXL against PSI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ftxl-vs-psi Free to use with attribution; the underlying files are at Open data.