Why PSI And Not CHPS For Better Semiconductor Exposure

Invesco Semiconductors ETF has outperformed the newer Xtrackers Semiconductor Select Equity ETF, delivering a 6.5% total return in under a quarter. PSI's edge stems from its concentrated U.S.-only portfolio, high 78% turnover, and a quant-driven strategy focused on momentum, management, and valuation. CHPS, with a lower 0.15% expense ratio and 25% Asian exposure, follows an ESG-screened, globally diversified approach but lacks PSI's IP-rich U.S. focus.