PNQI - ETF AI Analysis
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Invesco NASDAQ Internet ETF (PNQI)
Rating:71Outperform
Price Target:―
Positive Factors
Large, Recognizable Tech Leaders
The ETF’s biggest positions include well-known technology and internet companies, giving investors exposure to major industry leaders.
Focused Internet and Tech Exposure
Holdings are concentrated in technology, communication services, and consumer cyclical internet businesses, which can benefit if online and digital trends stay strong.
Meaningful Fund Size
The fund manages a sizable pool of assets, which can help support trading liquidity and ongoing viability.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee, which can eat into returns over time compared with lower-cost alternatives.
Recent Weak Performance
The fund has shown weak returns over the past month, three months, and year to date, signaling recent headwinds for its strategy.
Concentrated in U.S. Tech and Internet Stocks
With almost all assets in U.S. companies and heavy weighting in a handful of large tech and internet names, the ETF is sensitive to downturns in this specific segment of the market.
PNQI vs. SPDR S&P 500 ETF (SPY)
AUM531.35M
RegionNorth America
Expense Ratio0.60%
Beta1.20
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. Volume49,433
30 Day Avg. Volume106,644
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
62.55Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering78
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PNQI Summary
PNQI is the Invesco NASDAQ Internet ETF, which follows the NASDAQ Internet Index and focuses on companies driving the online economy. It holds major names like Amazon and Alphabet (Google), along with other internet, e-commerce, and digital service businesses. Someone might invest in PNQI if they believe internet and online services will keep growing and want an easy way to spread their money across many leading digital companies instead of picking single stocks. A key risk is that it is heavily concentrated in tech and internet stocks, so its price can swing up and down more than the overall 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
PNQI is essentially an all‑U.S. internet and Big Tech story, with heavyweights like Alphabet, Meta, Apple, Amazon, and Microsoft steering the ship. Lately, those giants have been losing steam, with most of them lagging and acting as a brake on the fund. On the brighter side, Netflix and Booking have shown more life recently, helping to cushion the blow, while Uber has been more or less steady. Overall, the ETF is highly concentrated in tech and communication services, so its fate is tightly tied to the mood around major U.S. internet platforms.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Amazon | 9.14% | $49.32M | $2.51T | 28.93% | 71 Outperform | |
| Alphabet Class C | 8.35% | $45.03M | $3.84T | 103.62% | 82 Outperform | |
| Apple | 8.10% | $43.71M | $3.82T | 36.80% | 79 Outperform | |
| Meta Platforms | 7.96% | $42.97M | $1.59T | 15.03% | 76 Outperform | |
| Microsoft | 7.80% | $42.10M | $2.77T | -2.17% | 79 Outperform | |
| Netflix | 4.36% | $23.50M | $430.87B | 10.78% | 73 Outperform | |
| Booking Holdings | 4.07% | $21.96M | $139.84B | -1.77% | 63 Neutral | |
| Uber Technologies | 3.91% | $21.10M | $147.79B | 1.23% | 74 Outperform | |
| Walt Disney | 3.87% | $20.86M | $176.78B | 17.08% | 75 Outperform | |
| Shopify | 3.82% | $20.63M | $146.66B | 32.79% | 77 Outperform |
PNQI Technical Analysis
Neutral
―
Price Trends
46.86
Negative
50.20
Negative
52.18
Negative
Market Momentum
-0.55
Negative
49.45
Neutral
78.23
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PNQI, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 45.27, equal to the 50-day MA of 46.86, and equal to the 200-day MA of 52.18, indicating a neutral trend. The MACD of -0.55 indicates Negative momentum. The RSI at 49.45 is Neutral, neither overbought nor oversold. The STOCH value of 78.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PNQI.
PNQI Peer Comparison
Comparison Results
Performance Comparison
PNQI
Invesco NASDAQ Internet ETF
45.73
3.55
8.42%
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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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