In this paper, a microdisk resonator (MDR) based on an
A
l
N
−
P
S
i
O
2
hybrid plasmonic waveguide (HPW) and its refractive index (RI) sensing characteristics are investigated. The plasmonic characteristics of the MDR based on the
A
l
N
−
P
S
i
O
2
HPW (APHPW-MDR) in near-infrared wavelengths are studied by using the finite element method. Through the structure parameter optimizations, the propagation length (
L
p
r
o
p
) of the APHPW-MDR is
∼
165
µ
m
, which is
∼
2.5
times as long as that of the MDR based on the AlN HPW (AHPW-MDR). The simulation results show that the quality factor (
Q
) and extinction rate (ER) of the APHPW-MDR are
∼
621.3
and
∼
30
d
B
, respectively. The RI sensing sensitivity (
S
) of the RI sensor based on the APHPW-MDR is
∼
276.6
n
m
/
R
I
U
. The RI sensor based on the APHPW-MDR has wide application prospects in high-performance biochemical sensing, and it can also be used in integrated optical filters, modulators, switches, routers, and delay circuits.