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Launched · SEC filings

Invesco NASDAQ Internet ETF

PNQINasdaqInvescoC

$49.42+0.11 (+0.23%)

At close: Nov 2, 2026, 4:00 PM ET

C41/ 100

Rank 10 of 22 in US Thematic

C41/100Rank 10 of 22inUS Thematic
Intraday session: up, 79 prints from 49.31 to 49.42. Range 49.41 to 50.22. Use the arrow keys to read each point.49.6049.8050.0050.2010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$512M
1Y total return
−12.1%
Yield · Last 12 months
0.00%
Holdings
79
Avg volume · 30D
40K sh
52W range
low $42.80high $56.47
Launched
Filings
SEC EDGAR

The ETF.net PNQI Grade

C

Score 41 out of 100

Category
US Thematic⁠
Rank
10 of 22
Six-pillar profile for PNQI. Scores out of 100: Cost 21, Risk 29, Mission 49, Tradability 82, Holdings 31, Durability 94. Strongest: Durability (94). Weakest: Cost (21). Leans toward Durability.

Score 41 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F21 out of 100
    Rank 17 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C49 out of 100
    Rank 5 of 7

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D29 out of 100
    Rank 18 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A82 out of 100
    Rank 3 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D31 out of 100
    Rank 21 of 22

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A94 out of 100
    Rank 2 of 22

Our read on PNQI

ETF.net Research

In short

COne of the original internet ETFs, running since 2008. It tracks a Nasdaq CTA index of US-listed internet businesses, ADRs included, with weight caps that trim the giants at each rebalance.

Stated mandate

The fund seeks to track an index of companies involved in internet-related businesses.

Why people hold it

  • Live since 2008, so this is a long-tenured take on the internet theme rather than a fund built for the latest headline.
  • The index caps its five biggest names at 8% and everything else at 4%, rebalancing quarterly. Megacaps get trimmed instead of quietly becoming the whole fund.nasdaq.com
  • ADRs are eligible, so the basket reaches internet companies based outside the US as long as they trade on a US exchange.nasdaq.comnasdaqomx.com
  • Moderately traded with a tight, rules-based mandate: at least 90% of assets sit in index constituents, so what you see in the methodology is what you own.invesco.com

Worth knowing

  • At 0.60%, it runs above the thematic-peer median of 0.57%, and cheaper tech-theme options exist (LRND at 0.14%, TECB at 0.30%).
  • Non-diversified by design: roughly 80 stocks in one theme. Swings in internet sentiment land harder here than in a broad market fund.usnews.com
  • The holdings skew toward growth-stage internet businesses, and cash payouts have not been a regular feature of the fund.

PNQI Performance

Launched Jun 12, 2008

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PNQI$8,786
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PNQI $8,786. SPY $11,199. Use the arrow keys to read each point.$8,000$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PNQI. Periods over one year show the average yearly return.
PeriodPNQI
Year to date−8.6%
1 month−2.8%
3 months+0.6%
1 year−12.1%
3 yearsper year+18.1%
5 yearsper year+0.1%
10 yearsper year+11.0%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PNQI
YearReturn barPNQI
2026 YTD−8.6%
2025+15.6%

PNQI in the news

PNQI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2025

One bar per payment. 2 payments from 2016 to 2025. Dec 18, 2017 $0.0054; Jun 23, 2025 $0.009. Use the arrow keys to read each point.2016201720182019202020212022202320242025
Ex-datePay dateAmount per share
Jun 23, 2025Jun 27, 2025$0.009
Dec 18, 2017Dec 29, 2017$0.0054
Dec 19, 2014No dataNo data
Dec 21, 2012Dec 31, 2012$0.0043
Dec 19, 2008Dec 31, 2008$0.0025

— Pay date not on file.

$10,000 in PNQI 10 years ago paid $8.63 in dividends.

PNQI Risk

Risk pillarD29 out of 100Rank 18 of 22 in US Thematic
How much the fund’s monthly returns vary, scaled to a year.
18.8%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.75
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−57.6%
Trough Nov 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.25
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PNQI Cost

Compare PNQI and LRND

Overpaying vs LRND, cheapest in US Thematic

$8,885

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PNQI 0.60%

    $11,817

  • LRND 0.14% Cheapest

    $2,932

$10,000
30 years

Cost over time

  • PNQI 0.60%
  • LRND 0.14%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PNQI $11,817LRND $2,932

Year by year

YearPNQILRNDOverpaying
10$1,076$256$820
20$4,116$1,000$3,116
30$11,817$2,932$8,885

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