PSCI ETF — Holdings & Analysis

The Invesco S&P SmallCap Industrials ETF (PSCI) is designed to track the performance of small-cap U.S. industrial companies, offering focused exposure to this specific market segment.

With assets under management (AUM) of $0.16 billion and an expense ratio of 0.29%, PSCI provides a relatively low-cost way to access a basket of 92 industrial stocks. The fund's concentrated sector allocation and small-cap focus differentiate it from broader market ETFs, potentially offering higher growth but also increased volatility.

Invesco S&P SmallCap Industrials ETF (PSCI) ETF — Price, Holdings & Analysis

The Invesco S&P SmallCap Industrials ETF (PSCI) is designed to track the performance of small-cap U.S. industrial companies, offering focused exposure to this specific market segment. With assets under management (AUM) of $0.16 billion and an expense ratio of 0.29%, PSCI provides a relatively low-cost way to access a basket of 92 industrial stocks. The fund's concentrated sector allocation and small-cap focus differentiate it from broader market ETFs, potentially offering higher growth but also increased volatility.

ETF Overview

The Invesco S&P SmallCap Industrials ETF (Fund) is based on the S&P SmallCap 600 Capped Industrials Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to measure the overall performance of the securities of US industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing.The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

PSCI aims to replicate the S&P SmallCap 600 Capped Industrials Index, investing at least 90% of its total assets in the index's constituent securities. This index comprises U.S. industrial companies within the S&P SmallCap 600 Index, focusing on businesses providing industrial products and services such as engineering, heavy machinery, construction, and aerospace. The ETF is rebalanced quarterly. PSCI's top holdings include Moog Inc Class A (3.41%), Primoris Services Corp (2.90%), and JBT Marel Corp (2.85%), reflecting a diverse range of industrial sub-sectors. With over 84% of its portfolio allocated to the industrials sector, PSCI offers targeted exposure for investors seeking to capitalize on the growth potential of smaller industrial companies. The fund's strategy makes it suitable for investors who understand sector-specific risks and are looking to overweight small-cap industrials in their portfolios.

Risk Metrics

PSCI exhibits a concentrated risk profile due to its heavy allocation to the industrials sector (84.1%). This concentration means that the fund's performance is highly dependent on the performance of this sector, making it vulnerable to sector-specific downturns. Furthermore, as a small-cap ETF, PSCI is subject to the volatility associated with smaller companies. The fund's beta of 1.53 (3Y) indicates that it is more volatile than the broader market. The expense ratio of 0.29% will create a slight drag on performance over time. Investors should be aware of these factors and consider their risk tolerance before investing in PSCI. Past performance does not guarantee future results.

Expense Ratio

0.29%

What does PSCI hold?

Holding	Weight
Moog Inc Class A (MOG-A)	3.41%
Primoris Services Corp (PRIM)	2.90%
JBT Marel Corp (JBTM)	2.85%
Zurn Elkay Water Solutions Corp (ZWS)	2.70%
Armstrong World Industries Inc (AWI)	2.66%
ESCO Technologies Inc (ESE)	2.55%
Gates Industrial Corp PLC (GTES)	2.53%
Federal Signal Corp (FSS)	2.52%
Air Lease Corp Class A (AL)	2.43%
Everus Construction Group Inc (ECG)	2.19%

How Is the Fund Allocated?

Sector	Weight
Industrials	84.1%
Technology	6.0%
Consumer Cyclical	5.3%
Energy	1.9%
Basic Materials	1.0%
Real Estate	0.7%
Healthcare	0.5%
Communication Services	0.5%
Financial Services	0.0%

Country	Weight
United States	100.0%
Other	0.0%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Invesco QQQ Trust, Series 1 (QQQ) (Equity) — 0.18% expense ratio
Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) (Equity) — 0.47% expense ratio
Invesco ESG S&P 500 Equal Weight ETF (RSPE) (Equity) — 0.20% expense ratio
Invesco Taxable Municipal Bond ETF (BAB) (Fixed Income) — 0.28% expense ratio
Invesco Dividend Achievers ETF (PFM) (Equity) — 0.52% expense ratio
Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) (Equity) — 0.39% expense ratio

Risk Metrics

Beta: 1.53

Questions & Answers

What is PSCI and what does it track?

The Invesco S&P SmallCap Industrials ETF (PSCI) aims to track the investment results of the S&P SmallCap 600 Capped Industrials Index. This index is designed to measure the performance of U.S. industrial companies within the S&P SmallCap 600 Index.

What is the expense ratio for PSCI?

The expense ratio for PSCI is 0.29%. This means that for every $10,000 invested in the fund, $29 is charged annually to cover operating expenses.

While this is not the lowest expense ratio available in the equity ETF category, it is competitive and may be reasonable considering the fund's focused exposure to small-cap industrials. The category average expense ratio is 0.44%.

What are the top holdings in PSCI?

The top holdings in PSCI provide insight into the fund's composition and sector focus.

As of 2026-03-15, the top five holdings are Moog Inc Class A (3.41%), Primoris Services Corp (2.90%), JBT Marel Corp (2.85%), Zurn Elkay Water Solutions Corp (2.70%), and Armstrong World Industries Inc (2.66%).

Is PSCI a good long-term investment?

Evaluating PSCI as a long-term investment requires careful consideration of its investment strategy, risk profile, and market context. The fund's focus on small-cap industrials can offer growth potential, but it also introduces sector-specific and size-related risks.

With a beta of 1.53, PSCI is more volatile than the broader market.

How does PSCI compare to similar ETFs?

PSCI distinguishes itself through its specific focus on U.S. small-cap industrial companies. While other ETFs may offer broader exposure to the industrials sector or the small-cap market, PSCI combines these two elements.

Its expense ratio of 0.29% is competitive within its category.

Does PSCI pay dividends?

As of 2026-03-15, the Invesco S&P SmallCap Industrials ETF (PSCI) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders.

Investors seeking income-generating investments may want to consider other ETFs with a history of dividend payments.