Data as of .
PSI vs XSD: which is really different?
PSI and XSD hold 33% 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
33% 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 XSD hold 33% of their money in the same securities at the same weight.
| Holding | PSI | XSD |
|---|---|---|
| Advanced Micro Devices Inc | 5.69% | 3.23% |
| Semtech Corp | 3.85% | 3.10% |
| Micron Technology Inc | 5.30% | 2.94% |
| Intel Corp | 6.04% | 2.72% |
| Analog Devices Inc | 4.89% | 2.48% |
| Texas Instruments Inc | 4.99% | 2.45% |
| Diodes Inc | 2.64% | 2.42% |
| SiTime Corp | 2.75% | 2.42% |
| Lattice Semiconductor Corp | 2.54% | 2.20% |
| Microchip Technology Inc | 2.65% | 2.16% |
| MACOM Technology Solutions Holdings Inc | 2.75% | 1.99% |
| Power Integrations Inc | 2.45% | 1.76% |
| Only in PSI | Only in XSD |
|---|---|
| KLA Corp 4.70% | IMPINJ INC 3.93% |
| Applied Materials Inc 4.51% | SKYWORKS SOLUTIONS INC 3.48% |
| Lam Research Corp 4.46% | QORVO INC 3.37% |
| Cohu Inc 3.03% | NVIDIA CORP 2.94% |
| FormFactor Inc 2.92% | AMBARELLA INC 2.87% |
| Tower Semiconductor Ltd 2.79% | MAXLINEAR INC 2.79% |
| AXT Inc 2.76% | SILICON LABORATORIES INC 2.70% |
| Amkor Technology Inc 2.75% | QUALCOMM INC 2.65% |
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 17, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| PSI | XSD | PSI | XSD | PSI | XSD | |
| 3 months | −21.8% | −20.4% | −24.0 pts | −22.6 pts | −19.3 pts | −17.9 pts |
| 6 months | +47.3% | +57.2% | +29.3 pts | +39.2 pts | +23.1 pts | +33.0 pts |
| 1 year | +96.1% | +58.2% | +79.5 pts | +41.7 pts | +74.3 pts | +36.5 pts |
| 3 years | +225.9% | +158.3% | +147.5 pts | +79.9 pts | +127.8 pts | +60.1 pts |
| Since launch | +3200.3% | +2210.2% | +2396.7 pts | +1406.7 pts | +1510.0 pts | +520.0 pts |
| PSI Invesco Semiconductors ETF Holds 33 stocks in semiconductors, 48% of its weight in S&P 500 companies | XSD State Street(R) SPDR(R) S&P(R) Semiconductor ETF Holds 48 stocks in semiconductors, 38% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | State Street |
| Theme | Semiconductors | Semiconductors |
| In the S&P 500 | 48.5% | 38.2% |
| Active share vs the S&P 500 | 92.2% | 88.2% |
| In the Nasdaq-100 | 43.2% | 30.9% |
| Holdings | 33 | 48 |
| Top ten, share of the fund | 47.5% | 31.4% |
| Expense ratio | 0.55% | 0.35% |
| Fee for the differing part | 0.60% | 0.40% |
| Total return, 1 year | +96.1% | +58.2% |
| vs the S&P 500 | +79.5 pts | +41.7 pts |
| vs the Nasdaq-100 | +74.3 pts | +36.5 pts |
| Below its high | −25.8% | −22.0% |
| Net assets | $2.7bn | $3.0bn |
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.
XSD in plain words
By weight, 38% of XSD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 88%. The top ten holdings are 31% of the fund across 48 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned +58.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 41.7 pts. It sits 22.0% below its all-time high of Jun 3, 2026.
Questions people ask
- Do PSI and XSD hold the same stocks?
- By their latest filings, 33% 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 XSD?
- PSI has 48% of its weight in S&P 500 names and XSD has 38%, so PSI differs more from the index.
- Which is cheaper, PSI or XSD?
- PSI charges 0.55% a year and XSD charges 0.35%, so XSD 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 XSD, data as of Sep 18, 2026. https://etfiq.com/compare/themes/psi-vs-xsd Free to use with attribution; the underlying files are at Open data.