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PNQI - ETF AI Analysis
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Invesco NASDAQ Internet ETF (PNQI)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several major positions, including Shopify, Uber, and Netflix, have delivered strong year-to-date gains, supporting the fund’s performance.
Sector Diversification
The ETF spreads its investments across technology, communication services, and consumer cyclical sectors, reducing reliance on a single industry.
Healthy Year-to-Date Performance
The ETF has achieved solid year-to-date growth, indicating strong overall momentum.
Negative Factors
High Geographic Concentration
Nearly all holdings are U.S.-based, limiting exposure to international markets and diversification.
Underperforming Holdings
Some top holdings, like Salesforce and Walt Disney, have lagged year-to-date, potentially dragging on returns.
Above-Average Expense Ratio
The ETF’s expense ratio is higher than many broad-market funds, which could reduce net returns over time.
PNQI vs. SPDR S&P 500 ETF (SPY)
AUM776.18M
RegionNorth America
Expense Ratio0.60%
Beta1.19
IssuerInvesco
Inception DateJun 12, 2008
Dividend Yield0.02%
Asset ClassEquity
Index TrackedNASDAQ Internet
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume26,476
30 Day Avg. Volume38,534
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
66.73Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering78
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PNQI Summary
The Invesco NASDAQ Internet ETF (PNQI) is an investment fund that focuses on companies driving the internet economy. It follows the NASDAQ Internet Index, which includes businesses like Alphabet (Google) and Amazon that are leaders in technology, e-commerce, and digital innovation. This ETF is a great option for investors looking to benefit from the growth of the internet sector and diversify their portfolio with companies shaping the future of online services. However, it’s important to know that PNQI is heavily tied to the tech industry, so its value can rise and fall with changes in the technology market.
How much will it cost me?The Invesco NASDAQ Internet ETF (PNQI) has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specific sector, which typically involves more research and management costs.
What would affect this ETF?The Invesco NASDAQ Internet ETF (PNQI) could benefit from continued growth in the internet sector, driven by increasing digital adoption, e-commerce expansion, and technological innovation from its top holdings like Alphabet, Apple, and Amazon. However, it may face challenges from rising interest rates, which could negatively impact high-growth tech companies, as well as potential regulatory scrutiny on major internet firms and broader economic slowdowns affecting consumer spending. Its heavy focus on U.S.-based technology and communication services makes it sensitive to these trends.
PNQI Top 10 Holdings
The Invesco NASDAQ Internet ETF is heavily anchored in tech and communication services, with Alphabet and Apple leading the charge thanks to steady growth in AI and cloud services, though Apple’s momentum has been more subdued. Amazon and Microsoft are showing mixed signals, with Amazon struggling to gain traction and Microsoft facing short-term headwinds despite its cloud focus. Meta Platforms has been a drag on the fund, weighed down by bearish sentiment and regulatory concerns. Overall, the ETF’s U.S.-centric portfolio leans heavily into the digital economy, but recent performance has been a mixed bag.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class C | 11.74% | $89.41M | $3.74T | 56.10% | 82 Outperform | |
| Apple | 9.57% | $72.87M | $4.11T | 9.19% | 79 Outperform | |
| Amazon | 7.87% | $59.96M | $2.42T | -4.46% | 71 Outperform | |
| Microsoft | 7.59% | $57.82M | $3.56T | 5.14% | 79 Outperform | |
| Meta Platforms | 7.10% | $54.08M | $1.62T | 3.73% | 76 Outperform | |
| Shopify | 4.51% | $34.31M | $213.68B | 37.87% | ― | |
| Salesforce | 4.03% | $30.67M | $245.71B | -28.73% | 80 Outperform | |
| Booking Holdings | 3.95% | $30.07M | $170.89B | 5.93% | 63 Neutral | |
| Walt Disney | 3.78% | $28.82M | $199.24B | -1.44% | 75 Outperform | |
| Uber Technologies | 3.54% | $26.96M | $176.84B | 35.87% | 74 Outperform |
PNQI Technical Analysis
Negative
―
Price Trends
54.61
Negative
54.49
Negative
51.02
Positive
Market Momentum
-0.03
Negative
43.71
Neutral
32.36
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PNQI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 53.63, equal to the 50-day MA of 54.61, and equal to the 200-day MA of 51.02, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 43.71 is Neutral, neither overbought nor oversold. The STOCH value of 32.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PNQI.
PNQI Peer Comparison
Comparison Results
Performance Comparison
PNQI
Invesco NASDAQ Internet ETF
53.53
4.57
9.33%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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