Skip to content
etf.net

Launched

Pictet AI Enhanced International Equity ETF

PQNTNYSE ArcaPictetB

$22.77+0.20 (+0.87%)

As of Nov 2, 2026, 11:44 AM ET

B60/ 100

Rank 20 of 56 in International Active Equity

B60/100Rank 20 of 56inInternational Active Equity
Intraday session: up, 22 prints from 22.57 to 22.77. Range 22.57 to 22.77. Use the arrow keys to read each point.22.6022.6522.7010 AM12 PM2 PM4 PM
Expense ratio
0.30%
Fund size
$14M
1Y total return
+11.9%
Yield · Last 12 months
No data
Holdings
273
Avg volume · 30D
2.46K sh
52W range
low $19.55high $23.84
Launched

The ETF.net PQNT Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Category
International Active Equity⁠
Rank
20 of 56
Six-pillar profile for PQNT. Scores out of 100: Cost 89, Risk 51, Mission not scored, Tradability 25, Holdings 57, Durability 32. Strongest: Cost (89). Weakest: Tradability (25). Based on 5 of 6 pillars.

Score 60 of 100 falls in the B 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.
    A89 out of 100
    Rank 6 of 56

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C51 out of 100
    Rank 31 of 56

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D25 out of 100
    Rank 50 of 56

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B57 out of 100
    Rank 28 of 52

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D32 out of 100
    Rank 50 of 56

Our read on PQNT

ETF.net Research

In short

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

  • 0.30% for an actively managed international portfolio, well under the typical fee in the active international aisle.
  • Among 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.
  • The 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.
  • Rates in the upper half of its actively managed international peer group on our review, with the portfolio itself a relative strength.

Worth knowing

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

PQNT Holdings

Holdings pillarB57 out of 100Rank 28 of 52 in International Active Equity
Asset class
Stocks
Holdings
273
Top-10 weight
27%
Largest holding
Cashusd5.9%

Geography

  • Japan25.42%
  • United Kingdom14.13%
  • Switzerland11.05%
  • Germany7.86%
  • France7.40%
  • Netherlands7.29%
  • Australia5.16%
  • Italy3.72%
  • Other countries (16)17.96%

Developed 99% · Emerging 1% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 19.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataCashusd5.90%801,860$802K53
2EFAIshares Msci Eafe Etf4.80%6,308$652K6
3IEFAIshares Core Msci Eafe Etf4.78%6,746$650K12
4ASML.ASAsml Holding NV3.08%265$418K193
5ROP.SWRoche Holding AG1.66%459$225K203
6BATS.LBritish American Tobacco1.51%3,345$206K142
7NOVN.SWNovartis Ag-Reg1.49%1,248$203K189
86758.TSony Group Corp1.33%7,170$180K167
96098.TRecruit Holdings Co Ltd1.31%1,458$178K167
10ZURN.SWZurich Insurance Group AG1.09%194$147K156
11GALD.SWGalderma Group AG1.08%624$146K132
12BNP.PABnp Paribas1.03%1,465$140K155
13UBSG.SWUbs Group Ag-Reg1.01%2,868$137K134
14ISP.MIIntesa Sanpaolo0.98%20,190$133K141
15LSEG.LLondon Stock Exchange Gr0.93%991$126K124

Showing 1–15 of 273 holdings

PQNT Performance

Launched Oct 15, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.
PQNT$11,190
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. PQNT $11,190. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025May 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 PQNT. Periods over one year show the average yearly return.
PeriodPQNT
Year to date+7.3%
1 month−2.0%
3 months−2.3%
1 year+11.9%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+7.3%
2025+4.5%

History from Oct 16, 2025

PQNT in the news

PQNT Dividends

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

$10,000 in PQNT 1 year ago paid $40.72 in dividends.

PQNT Risk

Risk pillarC51 out of 100Rank 31 of 56 in International Active Equity
How much the fund’s monthly returns vary, scaled to a year.
12.5%
Annualised · 12 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.
0.66
vs 3-month T-bills · 12 months 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.
−11.2%
12 months · trough Mar 2026
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.
0.63
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.

PQNT Cost

Compare PQNT and TACN

Overpaying vs TACN, cheapest in International Active Equity

$6,149

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

  • PQNT 0.30%

    $6,149

  • TACN 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • PQNT 0.30%
  • TACN 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530PQNT $6,149TACN $0

Year by year

YearPQNTTACNOverpaying
10$545$0$545
20$2,113$0$2,113
30$6,149$0$6,149

Other funds in International Active Equity

See others