PNQI - ETF AI Analysis
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Invesco NASDAQ Internet ETF (PNQI)
Rating:74Outperform
Price Target:―
Positive Factors
Leading Internet and Tech Giants at the Top
The fund’s largest positions include well-known internet and technology leaders, which have historically driven much of the sector’s growth.
Strong Recent One-Month Rebound
The ETF has shown a solid bounce over the past month, suggesting improving short-term momentum after earlier weakness.
Focused Exposure to High-Growth Sectors
Heavy weights in technology, communication services, and consumer cyclical stocks give investors targeted access to areas of the market with strong long-term growth potential.
Negative Factors
Weak Year-to-Date Performance
The fund’s returns so far this year have been negative, indicating that investors have recently faced losses in this strategy.
Concentration in a Few Big Names
A small group of large companies makes up a significant share of the portfolio, increasing the impact if any of these stocks perform poorly.
High Fee for a Passive ETF
The expense ratio is relatively high compared with many index ETFs, which can eat into long-term returns.
PNQI vs. SPDR S&P 500 ETF (SPY)
AUM558.61M
RegionNorth America
Expense Ratio0.60%
Beta1.21
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. Volume38,177
30 Day Avg. Volume82,497
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
62.17Price 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) follows the NASDAQ Internet Index, focusing on companies that make most of their money from the internet. It holds many well-known names such as Amazon and Microsoft, along with other online leaders in shopping, search, social media, and streaming. Someone might invest in PNQI if they want growth potential from the continued shift toward online services and prefer a single fund instead of picking individual tech and internet stocks. A key risk is that it is heavily focused on internet and tech-related companies, so its price can swing a lot and may fall sharply if this sector struggles.
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 riding on the shoulders of U.S. internet heavyweights, with Amazon, Alphabet, Meta, and Microsoft doing most of the heavy lifting as their shares have been rising or at least holding steady despite some recent bumps. Apple, while still a core pillar, has been losing a bit of steam this year. On the weaker side, Shopify and Booking have been lagging, acting more like a headwind than a help. Overall, the fund is tightly tied to U.S. Big Tech and internet platforms, making it a focused bet on the digital economy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Amazon | 9.60% | $54.06M | $2.84T | 39.12% | 71 Outperform | |
| Alphabet Class C | 8.64% | $48.66M | $4.15T | 114.58% | 82 Outperform | |
| Microsoft | 8.35% | $47.03M | $3.15T | 8.60% | 79 Outperform | |
| Meta Platforms | 8.08% | $45.52M | $1.71T | 23.44% | 76 Outperform | |
| Apple | 7.82% | $44.04M | $3.98T | 27.35% | 79 Outperform | |
| Shopify | 3.97% | $22.37M | $164.38B | 26.03% | 77 Outperform | |
| Uber Technologies | 3.90% | $21.99M | $152.03B | -2.63% | 74 Outperform | |
| Booking Holdings | 3.84% | $21.65M | $140.27B | -9.24% | 63 Neutral | |
| Walt Disney | 3.72% | $20.98M | $181.76B | 13.52% | 75 Outperform | |
| Netflix | 3.66% | $20.64M | $389.43B | -17.71% | 73 Outperform |
PNQI Technical Analysis
Positive
―
Price Trends
46.83
Positive
49.41
Negative
51.90
Negative
Market Momentum
0.66
Negative
59.90
Neutral
39.33
Neutral
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 47.82, equal to the 50-day MA of 46.83, and equal to the 200-day MA of 51.90, indicating a neutral trend. The MACD of 0.66 indicates Negative momentum. The RSI at 59.90 is Neutral, neither overbought nor oversold. The STOCH value of 39.33 is Neutral, 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
49.01
2.60
5.60%
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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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