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PNQIvsQQQMETF Comparison

ETF 1

PNQI

Invesco NASDAQ Internet ETF

This fund is part of

Digital Infrastructure and Connectivity

+1.07%

Full PNQI fund page

VS

ETF 2

QQQM

Invesco NASDAQ 100 ETF

This fund is part of

US Large Cap

+0.66%

Full QQQM fund page

Invesco NASDAQ Internet ETF (PNQI) belongs to the Digital Infrastructure and Connectivity segment. Invesco NASDAQ 100 ETF (QQQM) is part of the US Large Cap segment. PNQI's top 3 sector exposures are Technology, Consumer Services and Consumer Non-Cyclicals. In contrast, QQQM's top sector exposures are Technology, Consumer Non-Cyclicals and Healthcare. PNQI is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.15% for QQQM. PNQI is down -6.02% year-to-date (YTD) with -$182M in YTD flows. QQQM performs better with 17.86% YTD performance, and +$26.88B in YTD flows. Run a side-by-side ETF comparison of PNQI and QQQM 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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PNQI vs QQQM performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PNQI QQQM	+0.60%-2.06%	+6.33%+5.86%	-6.02%+17.86%	-10.87%+15.38%	+73.96%+112.78%	+4.22%+96.24%
Flows	PNQI QQQM	-$1M+$3.68B	-$9M+$8.74B	-$182M+$26.88B	-$196M+$31.06B	-$383M+$63.52B	-$500M+$75.29B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PNQI QQQM	+19.04%+19.03%	+20.38%+19.93%	+20.83%+20.53%	+27.06%+23.13%
Max drawdown	PNQI QQQM	-5.57%-7.26%	-24.67%-11.91%	-24.82%-22.82%	-57.54%-35.09%
Max drawdown duration	PNQI QQQM	45d21d	364d167d	401d124d	1170d714d

Trading data

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	PNQI	QQQM
Last sale 10/28/2026 at 1:30 PM	$50.53	$298.71
Previous close 10/27/2026	$50.70	$296.96
Consolidated volume 10/27/2026
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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	PNQI	QQQM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/28/2026 at 1:30 PM

Live

Closed

	PNQI	QQQM
Last price	$50.53	$298.71
1D performance	-0.34%	+0.59%
AuM	$530.75 M	$110.37 B
E/R	0.6%	0.15%

Characteristics

	PNQI	QQQM
Management strategy	Passive	Passive
Provider	Invesco	Invesco
Benchmark	NASDAQ CTA Internet Index	NASDAQ-100 Index
N° of holdings	77	101
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 12, 2008	October 13, 2020
ESG	No	No

More PNQI data on Trackinsight

More QQQM data on Trackinsight

Exposure

Countries

PNQI

USA

83.95%

Other

16.05%

QQQM

USA

94.49%

Other

5.51%

Sectors

PNQI

Technology

56.27%

Consumer Services

15.63%

Consumer Non-Cycl.

15.11%

Finance

7.67%

Other

5.33%

QQQM

Technology

67.22%

Consumer Non-Cycl.

11.5%

Other

21.28%

Diversification

PNQI

Total weight of top 15 holdings out of 15

73.43%

QQQM

Total weight of top 15 holdings out of 15

56.8%

Top 15 holdings

Data as of August 31, 2026

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%

QQQM

NVIDIA Corp.

8.75%

Apple, Inc.

7.33%

Microsoft Corp.

5.95%

Micron Technology, Inc.

4.62%

Amazon.com, Inc.

4.37%

Advanced Micro Devices, Inc.

3.40%

Alphabet, Inc.

3.15%

Alphabet, Inc.

2.92%

Tesla, Inc.

2.81%

Broadcom Inc.

2.79%

Meta Platforms, Inc.

2.68%

Walmart, Inc.

2.19%

Intel Corp.

2.03%

Cisco Systems, Inc.

1.94%

Palantir Technologies, Inc.

1.87%

Frequently asked questions about PNQI and QQQM

How have the PNQI and QQQM ETFs performed in 2026?

As of October 27, 2026, PNQI is down -6.02% year-to-date (YTD), while QQQM has returned 17.86%. That puts QQQM better performer ahead so far this year.

Which ETF is attracting more investor money: PNQI or QQQM?

Year-to-date, the PNQI ETF saw -$182M in flows, compared to +$26.88B for QQQM.

Which ETF is more volatile: PNQI or QQQM?

Over the past year, PNQI had a volatility of 20.38%, while QQQM experienced 19.93%.

Which ETF is bigger: PNQI or QQQM?

As of October 27, 2026, PNQI holds $530.75 M in assets under management (AUM), while QQQM manages $110.37 B.

What sectors do the PNQI and QQQM ETFs invest in?

PNQI leans toward sectors like Technology, Consumer Services and Consumer Non-Cyclicals. Meanwhile, QQQM focuses on Technology and Consumer Non-Cyclicals.

What are the top holdings of the PNQI ETF and QQQM ETF?

PNQI top holdings include Microsoft Corp., Apple, Inc. and Amazon.com, Inc.. QQQM holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: PNQI or QQQM?

PNQI holds 77 securities with 73.43% of its assets in the top 15. QQQM has 102 securities and a top 15 weight of 56.8%.

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QQQM

PNQIvsQQQMETF Comparison

Invesco NASDAQ Internet ETF

Invesco NASDAQ 100 ETF

PNQI vs QQQM performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PNQI and QQQM ETFs performed in 2026?

As of October 27, 2026, PNQI is down -6.02% year-to-date (YTD), while QQQM has returned 17.86%. That puts QQQM better performer ahead so far this year.

Which ETF is attracting more investor money: PNQI or QQQM?

Year-to-date, the PNQI ETF saw -$182M in flows, compared to +$26.88B for QQQM.

Which ETF is more volatile: PNQI or QQQM?

Over the past year, PNQI had a volatility of 20.38%, while QQQM experienced 19.93%.

Which ETF is bigger: PNQI or QQQM?

As of October 27, 2026, PNQI holds $530.75 M in assets under management (AUM), while QQQM manages $110.37 B.

What sectors do the PNQI and QQQM ETFs invest in?

PNQI leans toward sectors like Technology, Consumer Services and Consumer Non-Cyclicals. Meanwhile, QQQM focuses on Technology and Consumer Non-Cyclicals.

What are the top holdings of the PNQI ETF and QQQM ETF?

PNQI top holdings include Microsoft Corp., Apple, Inc. and Amazon.com, Inc.. QQQM holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: PNQI or QQQM?

PNQI holds 77 securities with 73.43% of its assets in the top 15. QQQM has 102 securities and a top 15 weight of 56.8%.

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