PNQI - ETF AI Analysis
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Invesco NASDAQ Internet ETF (PNQI)
Rating:74Outperform
Price Target:―
Positive Factors
Leading Technology and Internet Names
The fund holds many well-known, large technology and internet companies that have historically driven strong growth in the market.
Sector Diversification Within the Internet Theme
Holdings spread across technology, communication services, and consumer cyclical companies help reduce the impact if one internet-related sector struggles.
Focused U.S. Exposure
Almost all assets are invested in U.S.-based companies, giving investors targeted exposure to the U.S. internet and technology market.
Negative Factors
High Concentration in a Few Stocks
A small group of large holdings makes up a big share of the portfolio, so weakness in these companies can significantly affect the ETF.
Recent Weak Overall Performance
The fund’s returns over the year to date and recent three-month period have been weak, which may concern investors looking for steadier results.
Relatively High Expense Ratio
The ETF’s expense ratio is on the higher side for a passive fund, which means more of the returns are used to cover fees instead of going to investors.
PNQI vs. SPDR S&P 500 ETF (SPY)
AUM540.87M
RegionNorth America
Expense Ratio0.60%
Beta1.21
IssuerInvesco
Inception DateJun 12, 2008
Dividend YieldN/A
Asset ClassEquity
Index TrackedNASDAQ Internet
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume65,627
30 Day Avg. Volume54,708
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
60.86Price 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 a fund that follows the NASDAQ Internet Index, focusing on companies that make most of their money from online businesses. It holds well-known names like Apple and Amazon, along with other major tech and internet firms involved in e-commerce, online services, and digital platforms. Someone might invest in PNQI to seek growth from the continued expansion of the internet and to get a basket of leading online companies in one investment. A key risk is that it is heavily focused on internet and tech-related stocks, so its price can rise and fall sharply with that sector.
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
PNQI is essentially an internet-heavy Big Tech basket, with U.S. giants like Apple, Meta, Amazon, Alphabet, and Microsoft steering the ship. Apple has been rising and gives the fund a solid anchor, while Meta and Microsoft have seen more mixed, recently lagging action that can sap momentum. Amazon and Alphabet are treading water, not hurting the fund but not powering it either. With most exposure tied to U.S. tech and communication names, PNQI lives and dies by the mood around the digital economy and online platforms.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Microsoft | 8.45% | $45.72M | $3.45T | -4.22% | 79 Outperform | |
| Amazon | 7.72% | $41.76M | $2.92T | 23.26% | 71 Outperform | |
| Apple | 7.64% | $41.36M | $4.54T | 36.62% | 79 Outperform | |
| Alphabet Class C | 7.15% | $38.67M | $4.36T | 74.91% | 82 Outperform | |
| Meta Platforms | 7.12% | $38.55M | $1.42T | -23.03% | 76 Outperform | |
| Shopify | 4.86% | $26.28M | $151.83B | 1.31% | 77 Outperform | |
| Booking Holdings | 4.59% | $24.85M | $149.47B | -0.84% | 63 Neutral | |
| Uber Technologies | 4.05% | $21.94M | $143.22B | -16.23% | 74 Outperform | |
| Walt Disney | 3.92% | $21.21M | $167.04B | -6.69% | 75 Outperform | |
| Salesforce | 3.84% | $20.76M | $150.71B | -19.86% | 80 Outperform |
PNQI Technical Analysis
Positive
―
Price Trends
47.69
Positive
47.49
Positive
49.69
Positive
Market Momentum
1.09
Negative
72.04
Negative
92.50
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PNQI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 49.02, equal to the 50-day MA of 47.69, and equal to the 200-day MA of 49.69, indicating a bullish trend. The MACD of 1.09 indicates Negative momentum. The RSI at 72.04 is Negative, neither overbought nor oversold. The STOCH value of 92.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PNQI.
PNQI Peer Comparison
Comparison Results
Performance Comparison
PNQI
Invesco NASDAQ Internet ETF
52.19
-0.40
-0.76%
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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.
DisclaimerThis 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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