The Invesco S&P SmallCap Information Technology ETF (PSCT) has outperformed the XLK ETF by 9% since January 2026, primarily due to strong gains in semiconductor stocks. This performance aligns with accelerating earnings growth in the semiconductor sector. However, PSCT's exposure to slower-growing software and services stocks has limited its overall returns and risk-adjusted performance. Investors might consider more efficient alternatives like XSD and PSI or the large-cap XLK ETF for better quality and long-term results.
State Street Investment Management has filed for four new ETFs targeting the energy, technology, consumer staples, and consumer discretionary sectors. These new ETFs differ from existing ones by using uncapped S&P 500 sector indexes, allowing more co...
The Q2 2026 earnings season is expected to show strong growth with the S&P 500 projected to deliver a 23.3% earnings increase, led by technology and energy sectors. Tech gains are fueled by AI investments and semiconductor demand, while energy benefi...
