Data as of .
PSI vs SHOC: which is really different?
PSI and SHOC hold 39% of their weight in the same names, and PSI 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
39% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, PSI and SHOC hold 39% of their money in the same securities at the same weight.
| Holding | PSI | SHOC |
|---|---|---|
| Micron Technology Inc | 5.30% | 14.10% |
| Advanced Micro Devices Inc | 5.69% | 5.10% |
| KLA Corp | 4.70% | 5.21% |
| Intel Corp | 6.04% | 4.62% |
| Applied Materials Inc | 4.51% | 6.67% |
| Lam Research Corp | 4.46% | 4.97% |
| Texas Instruments Inc | 4.99% | 3.85% |
| Analog Devices Inc | 4.89% | 3.05% |
| Teradyne Inc | 2.69% | 1.18% |
| Microchip Technology Inc | 2.65% | 0.76% |
| ON Semiconductor Corp | 2.56% | 0.58% |
| MKS Inc | 2.48% | 0.46% |
| Only in PSI | Only in SHOC |
|---|---|
| Semtech Corp 3.85% | NVIDIA Corp 17.62% |
| Cohu Inc 3.03% | Broadcom Inc 9.72% |
| FormFactor Inc 2.92% | ASML Holding NV 5.05% |
| AXT Inc 2.76% | MARVELL TECHNOLOGY INC 4.22% |
| MACOM Technology Solutions Holdings Inc 2.75% | Cadence Design Systems Inc 1.63% |
| Amkor Technology Inc 2.75% | QUALCOMM Inc 1.54% |
| SiTime Corp 2.75% | Synopsys Inc 1.35% |
| Wolfspeed Inc 2.69% | Astera Labs Inc 1.17% |
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 Jun 30, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| PSI | SHOC | PSI | SHOC | PSI | SHOC | |
| 3 months | −21.8% | −13.7% | −24.0 pts | −16.0 pts | −19.3 pts | −11.3 pts |
| 6 months | +47.3% | +46.1% | +29.3 pts | +28.0 pts | +23.1 pts | +21.8 pts |
| 1 year | +96.1% | +72.0% | +79.5 pts | +55.5 pts | +74.3 pts | +50.3 pts |
| 3 years | +225.9% | +224.8% | +147.5 pts | +146.4 pts | +127.8 pts | +126.7 pts |
| Since launch | +3200.3% | +331.6% | +2396.7 pts | +216.6 pts | +1510.0 pts | +167.8 pts |
| PSI Invesco Semiconductors ETF Holds 33 stocks in semiconductors, 48% of its weight in S&P 500 companies | SHOC Strive U.S. Semiconductor ETF Holds 30 stocks in semiconductors, 91% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | Strive |
| Theme | Semiconductors | Semiconductors |
| In the S&P 500 | 48.5% | 90.7% |
| Active share vs the S&P 500 | 92.2% | 80.4% |
| In the Nasdaq-100 | 43.2% | 86.2% |
| Holdings | 33 | 30 |
| Top ten, share of the fund | 47.5% | 77.3% |
| Expense ratio | 0.55% | 0.40% |
| Fee for the differing part | 0.60% | 0.50% |
| Total return, 1 year | +96.1% | +72.0% |
| vs the S&P 500 | +79.5 pts | +55.5 pts |
| vs the Nasdaq-100 | +74.3 pts | +50.3 pts |
| Below its high | −25.8% | −15.2% |
| Net assets | $2.7bn | $278m |
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.
SHOC in plain words
By weight, 91% of SHOC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 80%. The top ten holdings are 77% of the fund across 30 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +72.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 55.5 pts. It sits 15.2% below its all-time high of Jun 22, 2026.
Questions people ask
- Do PSI and SHOC hold the same stocks?
- By their latest filings, 39% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, PSI or SHOC?
- PSI has 48% of its weight in S&P 500 names and SHOC has 91%, so PSI differs more from the index.
- Which is cheaper, PSI or SHOC?
- PSI charges 0.55% a year and SHOC charges 0.40%, so SHOC 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, PSI against SHOC, data as of Sep 18, 2026. https://etfiq.com/compare/themes/psi-vs-shoc Free to use with attribution; the underlying files are at Open data.