ARKWvsPNQIETF Comparison
VS
ETF 2
PNQI
Invesco NASDAQ Internet ETF
This fund is part of
Digital Infrastructure and Connectivity
+0.18%
ARK Next Generation Technology ETF (ARKW) belongs to the Next Generation Internet segment. Invesco NASDAQ Internet ETF (PNQI) is part of the Digital Infrastructure and Connectivity segment. ARKW's top 3 sector exposures are Technology, Finance and Consumer Cyclicals. In contrast, PNQI's top sector exposures are Technology, Consumer Services and Consumer Non-Cyclicals. ARKW is more expensive with a Total Expense Ratio (TER) of 0.76%, versus 0.6% for PNQI. ARKW is up 4.81% year-to-date (YTD) with -$357M in YTD flows. PNQI performs worse with -4.46% YTD performance, and -$182M in YTD flows. Run a side-by-side ETF comparison of ARKW and PNQI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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ARKW vs PNQI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ARKW PNQI | -5.79%+0.85% | +11.58%+12.34% | +4.81%-4.46% | -9.08%-7.06% | +200.29%+70.59% | +2.05%+4.18% |
| Flows | ARKW PNQI | -$56M-$19K | -$46M-$15M | -$357M-$182M | -$254M-$196M | -$1.09B-$381M | -$2.20B-$500M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ARKW PNQI | +29.82%+19.65% | +33.14%+20.45% | +35.07%+20.94% | +44.57%+27.06% |
| Max drawdown | ARKW PNQI | -7.62%-5.57% | -35.57%-24.67% | -36.13%-24.82% | -76.79%-57.54% |
| Max drawdown duration | ARKW PNQI | 12d45d | 361d360d | 380d397d | 1352d1170d |
Trading data
ARKW | PNQI | |
Last sale 10/23/2026 at 1:30 PM | $154.89 | $51.53 |
| Previous close 10/22/2026 | $154.69 | $51.99 |
| Consolidated volume 10/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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ARKW
is actively managed and doesn’t replicate an indexARKW | PNQI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
ARKW | PNQI | |
|---|---|---|
| Last price | $154.89 | $51.53 |
| 1D performance | +0.13% | -0.88% |
| AuM | $1.80 B | $539.54 M |
| E/R | 0.76% | 0.6% |
Characteristics
ARKW | PNQI | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Ark Investment | Invesco |
| Benchmark | - | NASDAQ CTA Internet Index |
| N° of holdings | 38 | 77 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 30, 2014 | June 12, 2008 |
| ESG | No | No |
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Exposure
Countries
ARKW
USA
80.2%
Other
19.8%
PNQI
USA
83.95%
Other
16.05%
Sectors
ARKW
Technology
42.53%
Finance
26.43%
Consumer Cyclical.
7.68%
Other
23.37%
PNQI
Technology
56.27%
Consumer Services
15.63%
Consumer Non-Cycl.
15.11%
Finance
7.67%
Other
5.33%
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Diversification
ARKW
Total weight of top 15 holdings out of 15
59.26%
PNQI
Total weight of top 15 holdings out of 15
73.43%
Top 15 holdings
Data as of August 31, 2026
ARKW
Tesla, Inc.
7.68%
Circle Internet Group, Inc.
5.09%
Robinhood Markets, Inc.
4.66%
Space Exploration Technologies Corp.
4.37%
Shopify, Inc.
4.36%
Coinbase Global, Inc.
3.94%
Amazon.com, Inc.
3.85%
Advanced Micro Devices, Inc.
3.79%
CoreWeave, Inc.
3.47%
Block, Inc.
3.39%
NVIDIA Corp.
3.38%
Alphabet, Inc.
3.32%
Palantir Technologies, Inc.
2.96%
Meta Platforms, Inc.
2.52%
Broadcom Inc.
2.48%
PNQI
Microsoft Corp.
8.39%
Apple, Inc.
7.55%
Amazon.com, Inc.
7.08%
Meta Platforms, Inc.
6.76%
Alphabet, Inc.
6.71%
Salesforce, Inc.
4.93%
Shopify, Inc.
4.86%
Booking Holdings, Inc.
4.27%
Uber Technologies, Inc.
4.09%
The Walt Disney Co.
3.92%
Netflix, Inc.
3.47%
Adobe, Inc.
3.18%
Spotify Technology SA
2.95%
MercadoLibre, Inc.
2.67%
DoorDash, Inc.
2.59%
Frequently asked questions about ARKW and PNQI
How have the ARKW and PNQI ETFs performed in 2026?
As of October 23, 2026, ARKW is up 4.81% year-to-date (YTD), while PNQI has lost -4.46%. That puts ARKW better performer ahead so far this year.
Which ETF is attracting more investor money: ARKW or PNQI?
Year-to-date, the ARKW ETF saw -$357M in flows, compared to -$182M for PNQI.
Which ETF is more volatile: ARKW or PNQI?
Over the past year, ARKW had a volatility of 33.14%, while PNQI experienced 20.45%.
Which ETF is bigger: ARKW or PNQI?
As of October 23, 2026, ARKW holds $1.80 B in assets under management (AUM), while PNQI manages $539.54 M.
What sectors do the ARKW and PNQI ETFs invest in?
ARKW leans toward sectors like Technology, Finance and Consumer Cyclicals. Meanwhile, PNQI focuses on Technology, Consumer Services and Consumer Non-Cyclicals.
What are the top holdings of the ARKW ETF and PNQI ETF?
ARKW top holdings include Tesla, Inc., Circle Internet Group, Inc. and Robinhood Markets, Inc.. PNQI holds in its top three: Microsoft Corp., Apple, Inc. and Amazon.com, Inc..
Which ETF is more diversified: ARKW or PNQI?
ARKW holds 40 securities with 59.26% of its assets in the top 15. PNQI has 77 securities and a top 15 weight of 73.43%.
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Latest news about ARKW & PNQI
Rebound in Tech Stocks Pushes the S&P Technology Sector Up 42% in The First Half of 2023
July 3, 2023
ARKW
Diving into Next Generation Internet
September 26, 2022
ARKW
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