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YNOTvsPWBETF Comparison

ETF 1
YNOT

Horizon Digital Frontier ETF

This fund is part of
Disruptive Technology
-1.92%
VS
ETF 2
PWB

Invesco Dynamic Large Cap Growth ETF

This fund is part of
US Large Cap Growth
-0.47%

Horizon Digital Frontier ETF (YNOT) belongs to the Disruptive Technology segment. Invesco Dynamic Large Cap Growth ETF (PWB) is part of the US Large Cap Growth segment. YNOT's top 3 sector exposures are Technology, Industrials and Non-Energy Materials. In contrast, PWB's top sector exposures are Technology, Industrials and Consumer Non-Cyclicals. YNOT is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.55% for PWB. YNOT is up 7.06% year-to-date (YTD) with +$68M in YTD flows. PWB performs better with 21.63% YTD performance, and +$554M in YTD flows. Run a side-by-side ETF comparison of YNOT and PWB 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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YNOT vs PWB performance and flow charts

Performance

-6.0-4.0-2.00.02.04.0%Jun 24Jul 1Jul 8Jul 15Jul 22

Cumulative Flows

0 M20 M40 M60 M80 M100 M120 MJun 24Jul 1Jul 8Jul 15Jul 22

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Historic performance and flows
Data as of 07/24/2026
1M3MYTD1Y3Y5Y
Perf.
YNOT
PWB
-5.01%-4.17%
-4.03%+5.68%
+7.06%+21.63%
+16.08%+30.81%
n/a+115.68%
n/a+103.30%
Flows
YNOT
PWB
+$18M+$115M
+$33M+$296M
+$68M+$554M
+$121M+$649M
-+$782M
-+$698M
Volatility and drawdown
3M1Y3Y5Y
Volatility
YNOT
PWB
+28.91%+30.09%
+24.80%+22.48%
n/a+20.54%
n/a+21.81%
Max drawdown
YNOT
PWB
-13.63%-8.44%
-16.78%-12.11%
n/a-22.20%
n/a-31.51%
Max drawdown duration
YNOT
PWB
52d24d
168d71d
n/a101d
n/a757d
Trading data

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YNOT
PWB
Last sale
7/24/2026 at 1:30 PM
$30.24
$154.57
Previous close
07/23/2026
$30.78
$157.38
Consolidated volume
07/23/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of June 30, 2026
1-year trailing difference

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YNOT
is actively managed and doesn’t replicate an index

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YNOT
PWB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 7/24/2026 at 1:30 PM
Live
Closed
YNOT
PWB
Last price
$30.24
$154.57
1D performance
-1.75%
-1.79%
AuM$129.81 M$2.31 B
E/R0.75%0.55%
Characteristics
YNOT
PWB
Management strategyActivePassive
ProviderHorizon InvestmentsInvesco
Benchmark-Dynamic Large Cap Growth Intellidex Index
N° of holdings9850
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateJuly 9, 2025March 3, 2005
ESGNoNo
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Exposure

Countries

YNOT
USA
75.8%
Other
24.2%
PWB
USA
97.25%
Other
2.75%

Sectors

YNOT
Technology
55.24%
Industrials
16.6%
Non-Energy Materi.
8.92%
Other
19.24%
PWB
Technology
55.3%
Industrials
19.05%
Consumer Non-Cycl.
10.29%
Finance
8.2%
Other
7.16%
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Diversification

YNOT

Total weight of top 15 holdings out of 15

50.54%
PWB

Total weight of top 15 holdings out of 15

49.96%

Top 15 holdings

Data as of June 30, 2026
YNOT
NVIDIA Corp.
8.01%
Alphabet, Inc.
6.87%
Microsoft Corp.
5.11%
Amazon.com, Inc.
4.94%
Broadcom Inc.
4.06%
Caterpillar, Inc.
2.90%
Intel Corp.
2.39%
Micron Technology, Inc.
2.39%
Corning, Inc.
2.38%
Palantir Technologies, Inc.
2.26%
Tencent Holdings Ltd.
2.19%
Applied Materials, Inc.
2.05%
GE Vernova, Inc.
1.82%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.60%
SoftBank Group Corp.
1.57%
PWB
Applied Materials, Inc.
4.56%
Micron Technology, Inc.
4.18%
Lam Research Corp.
3.89%
Caterpillar, Inc.
3.63%
Advanced Micro Devices, Inc.
3.43%
Visa, Inc.
3.41%
Mastercard, Inc.
3.35%
Costco Wholesale Corp.
3.14%
Apple, Inc.
3.05%
Meta Platforms, Inc.
2.97%
NVIDIA Corp.
2.97%
Amazon.com, Inc.
2.90%
Alphabet, Inc.
2.87%
Broadcom Inc.
2.86%
Palantir Technologies, Inc.
2.74%
Frequently asked questions about YNOT and PWB

How have the YNOT and PWB ETFs performed in 2026?

As of July 24, 2026, YNOT is up 7.06% year-to-date (YTD), while PWB has returned 21.63%. That puts PWB better performer ahead so far this year.

Which ETF is attracting more investor money: YNOT or PWB?

Year-to-date, the YNOT ETF saw +$68M in flows, compared to +$554M for PWB.

Which ETF is more volatile: YNOT or PWB?

Over the past year, YNOT had a volatility of 24.8%, while PWB experienced 22.48%.

Which ETF is bigger: YNOT or PWB?

As of July 24, 2026, YNOT holds $129.81 M in assets under management (AUM), while PWB manages $2.31 B.

What sectors do the YNOT and PWB ETFs invest in?

YNOT leans toward sectors like Technology, Industrials and Non-Energy Materials. Meanwhile, PWB focuses on Technology, Industrials and Consumer Non-Cyclicals.

What are the top holdings of the YNOT ETF and PWB ETF?

YNOT top holdings include NVIDIA Corp., Alphabet, Inc. and Microsoft Corp.. PWB holds in its top three: Applied Materials, Inc., Micron Technology, Inc. and Lam Research Corp..

Which ETF is more diversified: YNOT or PWB?

YNOT holds 98 securities with 50.54% of its assets in the top 15. PWB has 50 securities and a top 15 weight of 49.96%.

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