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Launched · SEC filings

Invesco NASDAQ Internet ETF

PNQINasdaqC

$53.02+0.12 (+0.22%)

At close: Oct 13, 2026, 4:00 PM

C41/ 100

Rank 10 of 22 in US Thematic

C41/100Rank 10 of 22inUS Thematic
Intraday session: up, 79 prints from 52.90 to 53.02. Range 53.00 to 53.62. Use the arrow keys to read each point.53.2053.4053.6010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$551M
1Y total return
−2.3%
Yield · Last 12 months
0.00%
Holdings
79
Avg volume · 30D
0M sh
NAV per share
$52.59
52W range
low $42.80high $57.22
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 28, Mission 47, Tradability 84, Holdings 29, 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.
    C47 out of 100
    Rank 5 of 7

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D28 out of 100
    Rank 17 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A84 out of 100
    Rank 2 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D29 out of 100
    Rank 20 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

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

  1. 01Live since 2008, so this is a long-tenured take on the internet theme rather than a fund built for the latest headline.
  2. 02The 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.indexes.nasdaq.com
  3. 03ADRs are eligible, so the basket reaches internet companies based outside the US as long as they trade on a US exchange.indexes.nasdaq.comindexes.nasdaqomx.com
  4. 04Moderately 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

  1. 01At 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%).
  2. 02Non-diversified by design: roughly 80 stocks in one theme. Swings in internet sentiment land harder here than in a broad market fund.money.usnews.com
  3. 03The holdings skew toward growth-stage internet businesses, and cash payouts have not been a regular feature of the fund.

PNQI Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
79
Top-10 weight
62%
Largest holding
META10.0%

Sectors

  • Technology40.4%
  • Communication32.2%
  • Consumer Discretionary24.6%
  • Financials2.4%
  • Real Estate0.3%
  • Health Care0.0%

Geography

  • United States85.32%
  • Canada4.75%
  • Sweden2.81%
  • Uruguay2.54%
  • China2.51%
  • Singapore1.68%
  • Israel0.26%
  • India0.10%
  • Other countries (1)0.02%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001METAMeta Platforms Inc9.98%76,571$55M704
002AAPLApple Inc8.44%138,313$47M715
003MSFTMicrosoft Corp8.38%86,377$46M815
004GOOGAlphabet Inc8.24%130,664$45M478
005AMZNAmazon.com Inc8.03%168,701$44M736
006SHOPShopify Inc4.60%148,614$25M131
007DISWalt Disney Co/The3.99%203,738$22M371
008UBERUber Technologies Inc3.75%289,428$21M424
009CRMSalesforce Inc3.53%85,021$19M462
010NFLXNetflix Inc3.45%270,365$19M485
011BKNGBooking Holdings Inc3.11%106,949$17M433
012SPOTSpotify Technology SA2.81%29,327$16M183
013ADBEAdobe Inc2.49%56,590$14M475
014MELIMercadoLibre Inc2.48%7,224$14M222
015INTUIntuit Inc2.14%38,964$12M458

Showing 1–15 of 79 holdings

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$9,771
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. PNQI $9,771. SPY $12,044. Use the arrow keys to read each point.$7,593$9,991$12,390Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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−1.9%
1 month+3.5%
3 months+9.7%
1 year−2.3%
3 yearsper year+19.1%
5 yearsper year+2.0%
10 yearsper year+11.8%

As of the close, 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−1.9%
2025+15.6%
2024+29.4%
2023+60.7%
2022−47.9%
2021−5.6%
2020+61.4%

PNQI in the news

Filtered to PNQI · US Thematic · Invesco

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 12, 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, 2014Data unavailableData unavailable
Dec 21, 2012Dec 31, 2012$0.0043
Dec 19, 2008Dec 31, 2008$0.0025

PNQI Risk

How much the fund’s monthly returns vary, scaled to a year.
18.8%
Annualised · 36 months to Sep 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 Sep 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.
−58.4%
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.

PNQI Cost

Expense ratio0.60%
  • The middle half of US Thematic funds
  • Median 0.35%

16 of the 22 US Thematic funds charge less.

PNQI costs $60.00 a year on $10,000. The median US Thematic fund costs $35.00.

Other funds in US Thematic

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