Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

PSI vs SOXX: which is really different?

PSI and SOXX hold 45% of their weight in the same names, and SOXX returned more over the year.

Invesco Semiconductors ETF and iShares Semiconductor ETF.

48.5%PSI in the S&P 500
74.1%SOXX in the S&P 500
+96.1%PSI total return, 1 year
+99.9%SOXX total return, 1 year

ETFIQ Off-Index Score: PSI scores higher

How much of it is not the index it is sold as an alternative to?

PSI 26SOXX 140.1, the lowest in this set91.8, the highest

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

PSI52% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
49%52%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 92% · top ten 48% of the fund · 33 holdings filed Sep 19, 2026 · Nasdaq-100: 43% in49%52%in the S&P 500outside the S&P 500active share 92% · top ten 48% of the fund
SOXX26% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
74%26%of its weight in S&P 500 companiesoutside the S&P 500active share 82% · top ten 62% of the fund · 34 holdings filed Sep 17, 2026 · Nasdaq-100: 66% in74%26%in the S&P 500outsideactive share 82% · top ten 62% of the fund

45% 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 SOXX hold 45% of their money in the same securities at the same weight.

Positions PSI and SOXX both hold, largest shared weight first
HoldingPSISOXX
Intel Corp6.04%9.23%
Advanced Micro Devices Inc5.69%9.05%
Micron Technology Inc5.30%8.06%
Analog Devices Inc4.89%3.95%
Texas Instruments Inc4.99%3.89%
KLA Corp4.70%3.84%
Applied Materials Inc4.51%3.69%
Lam Research Corp4.46%3.64%
Teradyne Inc2.69%3.03%
Microchip Technology Inc2.65%2.06%
ON Semiconductor Corp2.56%1.42%
Tower Semiconductor Ltd2.79%1.23%
Only in each
Only in PSIOnly in SOXX
Semtech Corp 3.85%NVIDIA 7.66%
Cohu Inc 3.03%BROADCOM INC 7.35%
FormFactor Inc 2.92%MARVELL TECHNOLOGY 4.39%
AXT Inc 2.76%QUALCOMM 3.97%
Amkor Technology Inc 2.75%SK HYNIX AMERICAN DEPOSITARY SHARE 3.32%
SiTime Corp 2.75%TAIWAN SEMICONDUCTOR MANUFACTURING 3.05%
Wolfspeed Inc 2.69%MONOLITHIC POWER SYSTEMS INC 3.04%
Diodes Inc 2.64%NXP SEMICONDUCTORS NV 3.02%

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

PSI and SOXX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
PSISOXXPSISOXXPSISOXX
3 months−21.8%−16.6%−24.0 pts−18.8 pts−19.3 pts−14.1 pts
6 months+47.3%+60.5%+29.3 pts+42.5 pts+23.1 pts+36.3 pts
1 year+96.1%+99.9%+79.5 pts+83.3 pts+74.3 pts+78.1 pts
3 years+225.9%+241.0%+147.5 pts+162.6 pts+127.8 pts+142.8 pts
Since launch+3200.3%+3732.7%+2396.7 pts+2929.2 pts+1510.0 pts+2042.5 pts
Open the live comparison on ETFIQ
PSI and SOXX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PSI
Invesco Semiconductors ETF
Holds 33 stocks in semiconductors, 48% of its weight in S&P 500 companies
SOXX
iShares Semiconductor ETF
Holds 34 stocks in semiconductors, 74% of its weight in S&P 500 companies
IssuerInvescoiShares
ThemeSemiconductorsSemiconductors
In the S&P 50048.5%74.1%
Active share vs the S&P 50092.2%82.3%
In the Nasdaq-10043.2%65.7%
Holdings3334
Top ten, share of the fund47.5%62.3%
Expense ratio0.55%0.33%
Fee for the differing part0.60%0.40%
Total return, 1 year+96.1%+99.9%
vs the S&P 500+79.5 pts+83.3 pts
vs the Nasdaq-100+74.3 pts+78.1 pts
Below its high−25.8%−18.6%
Net assets$2.7bn$45.4bn

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.

SOXX in plain words

By weight, 74% of SOXX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 62% of the fund across 34 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +99.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 83.3 pts. It sits 18.6% below its all-time high of Jun 22, 2026.

Questions people ask

Do PSI and SOXX hold the same stocks?
By their latest filings, 45% 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 SOXX?
PSI has 48% of its weight in S&P 500 names and SOXX has 74%, so PSI differs more from the index.
Which is cheaper, PSI or SOXX?
PSI charges 0.55% a year and SOXX charges 0.33%, so SOXX 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.

PSI against SOXX, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, PSI against SOXX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/psi-vs-soxx Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources