Semiconductor stocks have dominated every performance leaderboard in 2026, with memory and equipment makers delivering triple-digit gains that dwarf the broader market.
Yet the fund capturing most of that upside is not the industry's largest, and it manages a fraction of the ****** ets held by the sector's biggest ETF.
The Invesco Semiconductors ETF (PSI) has returned about 103.6% year to date through early July, Benzinga reported on July 6.
That figure towers over the roughly 66.2% gain posted by the much larger VanEck Semiconductor ETF (SMH) during the same period.
The roughly 37-point gap between two funds fishing from the same pool of chip stocks traces to a single overlooked variable: how the underlying index weights its holdings.
Yet the fund capturing most of that upside is not the industry's largest, and it manages a fraction of the ****** ets held by the sector's biggest ETF.
The Invesco Semiconductors ETF (PSI) has returned about 103.6% year to date through early July, Benzinga reported on July 6.
That figure towers over the roughly 66.2% gain posted by the much larger VanEck Semiconductor ETF (SMH) during the same period.
The roughly 37-point gap between two funds fishing from the same pool of chip stocks traces to a single overlooked variable: how the underlying index weights its holdings.
4 months ago
