Invesco Semiconductors ETF Outperforms VanEck Fund Due to Diversified Holdings
The Invesco Semiconductors ETF (PSI) has outperformed the larger VanEck Semiconductor ETF (SMH) in 2026 due to a more balanced allocation and lower exposure to Nvidia. While SMH is heavily weighted toward Nvidia, which underperformed compared to other semiconductor stocks like Micron Technology and Lam Research, PSI's diversified approach allowed it to capture stronger gains from the broader chip sector.
Tickers: $LRCX $MU $NVDA $PSI $SMH
Topics: ETFs index weighting Nvidia semiconductors