Is PSI a good investment?

Invesco Semiconductors ETF (PSI) is a semiconductor ETF. As of September 11, 2026, ETF Copilot scores PSI 5.6 out of 10 — highest on Growth (9.9), lowest on Valuation (0.1). It trades at 49.1 times earnings, against its own median of 19.9. Its ten largest holdings are 47% of the fund.

Updated September 11, 2026

How is PSI rated? ETF Copilot scores Invesco Semiconductors ETF (PSI) 5.6 out of 10

As of September 11, 2026, ETF Copilot scores Invesco Semiconductors ETF (PSI) 5.6 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.6 / 10
Growth: 9.9 / 10
Valuation: 0.1 / 10
Risk: 0.5 / 10
Quality: 3.5 / 10
Return: 9.9 / 10

What is PSI's expense ratio? 0.55% a year

As of September 11, 2026, PSI charges 0.55% a year, yields 0.64% and holds $2.6B in assets across 30 positions.

Invesco Semiconductors ETF (PSI) — cost, income and size
Measure	PSI
Expense ratio	0.55%
Dividend yield	0.64%
Assets under management	$2.6B
Holdings	30

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in PSI's data

Tracks U.S. semiconductor manufacturers and designers using a trend-focused index.

Trades at a richer price than most chip peers — a premium that expects continued growth.

Trailing EBITDA multiple of 32.1x sits among the priciest 10% of semiconductor funds, well above its own 11.3x history median. Analysts project 33% earnings growth ahead.

A momentum-driven sleeve for tech portfolios, focused on semiconductor makers with elevated valuations and higher fees.

Why did PSI move this week? It rose 7.7% in the week to September 11, 2026 — Semtech and Cohu drove it

PSI rose 7.7% in the week to September 11, 2026. The holdings that moved it most were Semtech (+23.5%), Cohu (+24.1%) and Intel (+12.3%); Wolfspeed (−3.4%) pushed the other way.

Is PSI expensive right now? It trades at 49.1 times earnings, against its own median of 19.9

As of September 11, 2026, PSI is more expensive than 97% of its own 114 monthly readings since 2017 — 111 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside PSI? 100% Tech

What's inside PSI: Size (Large 46%, Mid 30%, Small 24%); Geography (International 5%, US 95%); Tech 100.0%; AI 12.7%; Semiconductors 97.4%; Memory 41.1%.

What are PSI's top holdings? The ten largest are 47% of the fund

Intel, Advanced Micro Devices, Micron Technology, Texas Instruments, Analog Devices, KLA, Lam Research, Applied Materials, Semtech and Cohu are PSI's largest holdings, in that order.

Less concentrated than 79% of Tech - Semiconductors ETFs.

Half of PSI's weight sits in its 12 largest positions, and once those weights are taken into account it behaves like 27 equally weighted holdings.

Cite this

ETF Copilot, “Invesco Semiconductors ETF (PSI) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/psi