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)
AUM538.36M
RegionNorth America
Expense Ratio0.60%
Beta1.23
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. Volume52,458
30 Day Avg. Volume46,570
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
62.47Price 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 story, with U.S. giants like Microsoft, Amazon, and Alphabet doing most of the heavy lifting. Microsoft’s steady climb and Amazon’s mixed but generally rising trend help keep the fund’s engine humming, while Alphabet adds another pillar of strength despite some recent choppiness. On the flip side, Meta has been losing steam and Salesforce is clearly lagging, acting as a drag on overall returns. With a tight focus on technology, communication services, and consumer internet names, this ETF is firmly anchored in the U.S. digital economy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Meta Platforms | 11.07% | $59.60M | $1.88T | 3.83% | 76 Outperform | |
| Apple | 8.64% | $46.51M | $4.96T | 30.77% | 79 Outperform | |
| Alphabet Class C | 8.24% | $44.34M | $4.27T | 37.49% | 82 Outperform | |
| Microsoft | 8.00% | $43.05M | $3.70T | -2.64% | 79 Outperform | |
| Amazon | 7.82% | $42.11M | $2.75T | 14.32% | 71 Outperform | |
| Shopify | 4.01% | $21.59M | $189.39B | 1.19% | 77 Outperform | |
| Walt Disney | 4.00% | $21.53M | $179.26B | -6.97% | 75 Outperform | |
| Salesforce | 3.77% | $20.27M | $191.99B | -1.13% | 80 Outperform | |
| Uber Technologies | 3.72% | $20.05M | $142.75B | -29.08% | 74 Outperform | |
| Netflix | 3.60% | $19.41M | $300.47B | -40.64% | 73 Outperform |
PNQI Technical Analysis
Neutral
―
Price Trends
50.80
Positive
49.12
Positive
49.24
Positive
Market Momentum
0.05
Positive
49.82
Neutral
34.65
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 51.61, equal to the 50-day MA of 50.80, and equal to the 200-day MA of 49.24, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 49.82 is Neutral, neither overbought nor oversold. The STOCH value of 34.65 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
51.29
-4.75
-8.48%
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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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