PSCT - ETF AI Analysis
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Invesco S&P SmallCap Information Technology ETF (PSCT)
Rating:63Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, suggesting its strategy has recently worked well for investors.
Top Holdings Showing Solid Momentum
Several of the largest positions, such as ViaSat, Formfactor, Maxlinear, and others, have posted strong year-to-date gains, helping drive the fund’s overall results.
Moderate Expense Ratio
The fund’s expense ratio is reasonable for a specialized small-cap technology ETF, allowing investors to keep more of their returns compared with many niche funds.
Negative Factors
High Sector Concentration in Technology
Nearly all of the portfolio is invested in technology-related companies, which can make the fund more sensitive to downturns in the tech sector.
Limited Geographic Diversification
With almost all holdings based in the United States, the ETF offers little exposure to international markets, reducing geographic diversification.
Recent Short-Term Weakness
The ETF has experienced a weak one-month stretch, which may signal short-term volatility even though longer-term performance has been strong.
PSCT vs. SPDR S&P 500 ETF (SPY)
AUM529.69M
RegionNorth America
Expense Ratio0.29%
Beta1.40
IssuerInvesco
Inception DateApr 07, 2010
Dividend Yield<0.01%
Asset ClassEquity
Index TrackedS&P Small Cap 600 / Information Technology -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume27,325
30 Day Avg. Volume39,804
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
104.12Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering72
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PSCT Summary
PSCT is the Invesco S&P SmallCap Information Technology ETF, which follows the S&P SmallCap 600 Capped Information Technology Index. It focuses on smaller U.S. tech companies, many of which are in areas like chips, hardware, and software. Some of its better-known holdings include ViaSat and Qorvo. Investors might consider PSCT if they want growth potential from smaller, innovative tech firms and diversification within the technology sector. However, because it invests in small tech companies, the share price can be quite volatile and may go up and down more than the overall stock market.
How much will it cost me?The expense ratio for the Invesco S&P SmallCap Information Technology ETF (PSCT) is 0.29%, which means you’ll pay $2.90 per year for every $1,000 invested. This is slightly higher than average because the ETF focuses on a specific sector (small-cap technology) and tracks a niche index, which requires more specialized management. Overall, it’s a reasonable cost for targeted exposure to small-cap tech companies.
What would affect this ETF?The PSCT ETF, focused on small-cap U.S. technology companies, could benefit from continued innovation in the tech sector and growing demand for cutting-edge solutions. However, it may face challenges from rising interest rates, which can impact growth-focused companies, and economic slowdowns that could reduce investment in smaller firms. Regulatory changes or shifts in technology trends could also influence the performance of its top holdings.
PSCT Top 10 Holdings
PSCT is a pure small-cap U.S. tech play, and a handful of chip and communications names are steering the ship. MaxLinear has been rising sharply, giving the fund a strong tailwind, while Qorvo’s steady, improving momentum adds support. RingCentral and IMPINJ are also contributing, with solid recent gains despite some underlying profitability questions. On the flip side, EPAM and ACI Worldwide have been lagging, acting as small anchors on performance. Overall, the ETF is heavily concentrated in niche technology players, with little exposure beyond the U.S. market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ViaSat | 4.32% | $23.31M | $9.92B | 120.75% | 56 Neutral | |
| Maxlinear | 3.53% | $19.06M | $8.72B | 571.04% | 60 Neutral | |
| Ralliant Corporation | 3.53% | $19.03M | $8.10B | 76.73% | ― | |
| Plexus | 3.05% | $16.44M | $7.00B | 96.38% | 75 Outperform | |
| RingCentral | 2.54% | $13.73M | $6.62B | 200.38% | 63 Neutral | |
| Epam Systems | 2.54% | $13.73M | $5.84B | -20.47% | 70 Neutral | |
| IMPINJ | 2.40% | $12.93M | $5.79B | 0.89% | 56 Neutral | |
| ACI Worldwide | 2.24% | $12.07M | $5.14B | -0.27% | 73 Outperform | |
| Box | 2.19% | $11.84M | $4.99B | 10.47% | 65 Neutral | |
| Kulicke & Soffa | 2.10% | $11.31M | $4.81B | 140.99% | 61 Neutral |
PSCT Technical Analysis
Negative
―
Price Trends
80.12
Positive
81.82
Negative
73.20
Positive
Market Momentum
0.83
Negative
49.60
Neutral
37.79
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PSCT, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 80.80, equal to the 50-day MA of 80.12, and equal to the 200-day MA of 73.20, indicating a neutral trend. The MACD of 0.83 indicates Negative momentum. The RSI at 49.60 is Neutral, neither overbought nor oversold. The STOCH value of 37.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PSCT.
PSCT Peer Comparison
Comparison Results
Performance Comparison
PSCT
Invesco S&P SmallCap Information Technology ETF
80.61
25.91
47.37%
GTOP
Goldman Sachs Technology Opportunities ETF
―
―
―
QQH
HCM Defender 100 Index ETF
―
―
―
IETC
iShares Evolved US Technology ETF
―
―
―
PTF
Invesco DWA Technology Momentum ETF
―
―
―
IDGT
iShares U.S. Digital Infrastructure and Real Estate ETF
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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