PSCT: INVESCO S&P SMALLCAP INFORMATION TECHNOLOGY ETF
Share-split context: A forward split was recorded on Jul 17, 2023 with coefficient 3. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.
What this ETF is trying to do
The Invesco S&P Smallcap Information Technology ETF (ticker: PSCT) focuses on small companies within the information technology sector. This means it invests in smaller businesses that create software, hardware, or other tech tools.
What the numbers show
As of October 7, 2026, the current price of one share is $82.79.
This ETF has a history of "forward splits." The most recent one happened on July 17, 2023. In a forward split, each old share becomes multiple new shares. For this ETF, each old share became three new shares. When this happens, the price per share drops proportionally, but you still own the same total amount of the fund. A split like this is not a gain or a loss for the investor; it just changes how many pieces your investment is divided into.
Because of these splits, we look at "split-adjusted" returns to see how the value has changed over time:
• Year-to-Date (YTD): The price return is approximately 46.25%. The total return is approximately 46.26%.
• One Year: The price return is approximately 54.08%. The total return is approximately 54.09%.
• Three Years: The price return is approximately 90.45%. The total return is approximately 90.58%.
It is important to know that "price return" only tracks the change in the share price. "Total return" includes both the price change and any cash distributions paid out.
Income and distribution explanation
Some investors look for ETFs that pay them cash, known as distributions. This ETF has a distribution yield of approximately 0.42%. The distributions are described as irregular or less frequent. While distributions provide cash, they are not the same as total return.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in an ETF goes down over time. StockValueFinder uses an "erosion-risk score" to measure this risk. For PSCT, the erosion score is 100, and the label states "No price erosion detected." This means the current data shows a good status regarding price stability.
Pros
• Strong Returns: The ETF has shown significant split-adjusted price and total returns over the last one, three, and year-to-date periods.
• Top Holdings: The fund has exposure to several tech companies. Some of its top holdings include Viasat Inc (4.45%), Formfactor Inc (3.80%), Qorvo Inc (3.42%), Ralliant Corp (3.12%), and Plexus Corp (2.91%).
Cons
• Irregular Income: Distributions do not happen on a regular schedule, which might be difficult for investors who rely on steady cash.
Beginner takeaway
PSCT is an ETF that tracks small technology companies. It has experienced strong growth in both share price and total return recently. While it does have a history of share splits, these were standard adjustments that did not change the value of your ownership at the time they happened. Currently, there are no signs of price erosion detected by the erosion-risk score.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | VIASAT INC | VSAT | 4.45% |
| 2 | FORMFACTOR INC | FORM | 3.80% |
| 3 | QORVO INC | QRVO | 3.42% |
| 4 | RALLIANT CORP | RAL | 3.12% |
| 5 | PLEXUS CORP | PLXS | 2.91% |
| 6 | EPAM SYSTEMS INC | EPAM | 2.64% |
| 7 | MAXLINEAR INC | MXL | 2.52% |
| 8 | ACI WORLDWIDE INC | ACIW | 2.41% |
| 9 | ENPHASE ENERGY INC | ENPH | 2.22% |
| 10 | RINGCENTRAL INC CLASS A | RNG | 2.20% |