Invesco S&P SmallCap Industrials ETF

PSCI

Market cap $185M

AI infrastructure spending, strong defense demand, and rising manufacturing activity have all helped to push the industrials sector higher this year. The benchmark Industrial Select Sector SPDR Fund NYSEARCA: XLI, which tracks a broad index of large S&P companies in the industrials sector, has returned more than 16% year to date (YTD), making it one of the top-performing sector-specific funds over that period.

The “Fab 10” reshapes the AI trade

Small caps are leading markets in 2026. Finance, aerospace and industrial sectors stand out with strong earnings momentum.

Invesco S&P SmallCap Industrials ETF remains a Hold, supported by favorable fiscal and macro conditions. Recent ISM Manufacturing PMI data shows early signs of demand recovery, with new orders and backlogs improving. PSCI benefits from robust government spending capacity, as the Treasury General Account remains historically high.

The Invesco S&P SmallCap Industrials ETF (PSCI) was launched on 04/07/2010, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.

Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco S&P SmallCap Industrials ETF (PSCI), a passively managed exchange traded fund launched on 04/07/2010.

Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco S&P SmallCap Industrials ETF (PSCI), a passively managed exchange traded fund launched on 04/07/2010.

The Biden administration's massive industrial and infrastructure spending -- via the IIJA, CHIPS Act, and IRA -- qualifies as a new American industrial policy. The holdings of the Invesco S&P SmallCap Industrial ETF will quietly benefit from this ongoing funding of new US manufacturing capacity, energy plants, and data centers. PSCI offers retail investors exposure to a very diversified portfolio of small-cap industrial firms (at low relative cost).

Monthly article series shows dashboard with aggregate subsector metrics in industrials. It is the second most overpriced sector, slightly behind information technology. The machinery/conglomerates subsector is moderately overvalued, whereas aerospace/defense has the worst value and quality scores.

Industrials are the second most overpriced sector, but value and quality scores vary across subsectors. Aerospace/defense is the least attractive one. PSCI, an alternative or a complement to XLI with better fundamentals. 10 industrial stocks cheaper than their peers in March 2024.