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PQNT

GradeBNew York Stock Exchange Arca

Pictet AI Enhanced International Equity ETF

Active Equity · Pictet · Inception 2025-10-15

$23.13−0.25 (−1.09%)

As of Sep 23, 2026, 10:16 AM EDT

History starts Oct 16, 2025.History starts Oct 16, 2025.
Intraday session: down, 3 prints from 23.38 to 23.13. Range 23.13 to 24.01. Use the arrow keys to read each point.$23.40$23.60$23.80$24.0010 AM12 PM2 PM4 PM
Expense ratio
0.30%
Fund size
$12M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
274
Volume · 30D
0M sh
NAV per share
$23.22
52W range
low $19.55high $23.84

The ETF.net PQNT Grade

B

62/ 100

Rank 18 of 57 in International Active Equity⁠

Confidence Medium

Six-pillar profile for PQNT. Scores out of 100: Cost 89, Risk 57, Mission not scored, Tradability 19, Holdings 75, Durability 30. Strongest: Cost (89). Weakest: Tradability (19). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 62 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 89
    Category rank8/57 · top 14%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 57
    Category rank25/57 · top 44%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 19
    Category rank50/57 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 75
    Category rank13/53 · top 25%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 30
    Category rank53/57 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on PQNT

ETF.net Research

BAI is the engine here, not the pitch: an actively managed developed-markets fund measured against the MSCI EAFE index, where machine-driven stock selection costs 0.30%, low for an active international mandate.

Stated mandate

The Fund seeks long-term capital appreciation and is an actively managed ETF using an investment strategy enhanced through artificial intelligence.

Why people hold it

  1. 010.30% for an actively managed international portfolio, well under the typical fee in the active international aisle.
  2. 02Among funds using MSCI EAFE as their yardstick, fees stretch past a full point (AADR at 1.17%). PQNT sits near the floor of that range.
  3. 03The mandate stays plain: developed non-US stocks, benchmarked to MSCI EAFE. AI drives the selection, so this is not a thematic basket of AI stocks.
  4. 04Rates in the upper half of its actively managed international peer group on our review, with the portfolio itself a relative strength.

Worth knowing

  1. 01Launched in October 2025, so there is no long live record showing how the AI-enhanced process behaves across a full market cycle.
  2. 02Still a small, thinly traded fund, which can mean wider bid-ask spreads than the household names in the category.
  3. 03Active is active: holdings can look different from MSCI EAFE, so results can diverge from the benchmark in either direction.

PQNT Holdings

As of Sep 20, 2026, 8:54 AM
Asset class
Stocks
Holdings
274
Top-10 weight
19%
Largest holding
IEFA3.3%

Geography

  • Japan23.87%
  • United Kingdom12.64%
  • Switzerland9.09%
  • France7.41%
  • Netherlands7.06%
  • Germany7.05%
  • United States6.79%
  • Australia4.96%
  • Other countries (16)21.13%

Developed 99% · Emerging 1% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 20.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IEFAISHARES CORE MSCI EAFE ETF3.34%3,922$384K10
002EFAISHARES MSCI EAFE ETF3.34%3,658$384K7
003ASML.ASASML HOLDING NV3.18%221$366K194
004ROP.SWROCHE HOLDING AG1.44%383$166K196
005BATS.LBRITISH AMERICAN TOBACCO1.36%2,789$156K145
0066758.TSONY GROUP CORP1.30%6,376$150K162
007NOVN.SWNOVARTIS AG-REG1.26%1,040$145K183
008BNP.PABNP PARIBAS1.23%1,221$141K153
0096098.TRECRUIT HOLDINGS CO LTD1.16%1,216$134K165
0101299.HKAIA GROUP LTD1.16%13,689$134K154
011ISP.MIINTESA SANPAOLO1.12%16,826$129K140
012UBSG.SWUBS GROUP AG-REG1.06%2,428$122K137
013ABN.ASABN AMRO BANK NV-CVA1.02%2,363$118K109
014ZURN.SWZURICH INSURANCE GROUP AG1.02%162$117K153
015BBVA.MCBANCO BILBAO VIZCAYA ARG1.01%4,124$117K142

Showing 1–15 of 286 holdings

PQNT Performance

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

PQNT$11,112
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. PQNT $11,112. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 PQNT. Periods over one year show the average yearly return.
PeriodPQNT
Year to date+11.1%
1 month−1.5%
3 months+2.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

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 PQNT
YearReturn barPQNT
2026 YTD+11.1%
2025+4.5%

History from Oct 16, 2025

PQNT in the news

ETF.net Research hasn’t filed on PQNT yet — coverage lands here as it’s written.

PQNT 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 Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 19, 2025 $0.08. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 23, 2025$0.08

PQNT Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
0.58
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.

PQNT Cost

Expense ratio0.30%
  • The middle half of International Active Equity funds
  • Median 0.58%

5 of the 55 International Active Equity funds charge less.

PQNT costs $30.00 a year on $10,000. The median International Active Equity fund costs $58.00.