PSIETF

The Invesco Semiconductors ETF (PSI) offers broad exposure to the semiconductor sector with $3.04 billion in assets and a 0.56% expense ratio. The fund has delivered strong performance with 101.48% gains over the past year, but carries high risk with a beta of 1.80 and 42.98% standard deviation. Top holdings include Intel, Micron Technology, and KLA Corp, with the fund receiving a Zacks ETF Rank of 2 (Buy).

In September, despite broader market weakness, several ETFs outperformed driven by specific market themes. Shipping ETFs surged due to maritime disruptions raising freight rates, interest rate hedge funds gained as Treasury yields climbed amid hawkish Fed signals, and semiconductor ETFs rallied on strong AI chip and data-center demand. Oil funds also benefited from Middle East tensions.