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ISIN
US46137V6882
CUSIP
46137V688
Issuer
Invesco
Inception Date
Jun 23, 2005
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
STOXX World AC NexGen Connectivity Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth
Assets Under Management
$41M

Share Price Chart


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Performance

PXQ Performance Chart

Invesco Next Gen Connectivity ETF (PXQ) is up 63.4% since the beginning of the year. PXQ is currently trading at $218 per share. Investors who bought $1,000 worth of PXQ shares 5 years ago would now be looking at an investment worth $2,673.


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S&P 500 Index

Returns By Period

Invesco Next Gen Connectivity ETF (PXQ) has returned 63.41% so far this year and 99.38% over the past 12 months. Looking at the last ten years, PXQ has achieved an annualized return of 21.42%, outperforming the S&P 500 Index benchmark, which averaged 13.66% per year.


Invesco Next Gen Connectivity ETF

1D
-0.63%
1M
26.38%
YTD
63.41%
6M
62.53%
1Y
99.38%
3Y*
43.36%
5Y*
21.73%
10Y*
21.42%

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PXQ Monthly Returns History

Based on dividend-adjusted daily data since Jun 23, 2005, PXQ's average daily return is +0.06%, while the average monthly return is +1.30%. At this rate, an investment would double in approximately 4.5 years.

Historically, 60% of months were positive and 40% were negative. The best month was May 2026 with a return of +22.8%, while the worst month was Sep 2008 at -16.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PXQ closed higher 53% of trading days. The best single day was Nov 24, 2008 with a return of +10.8%, while the worst single day was Oct 15, 2008 at -11.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20266.37%4.43%-6.68%22.45%22.81%4.83%63.41%
20252.28%-1.16%-5.28%2.19%5.73%8.50%-1.02%2.24%7.12%7.98%-2.25%0.18%28.65%
20240.98%2.36%2.23%-5.57%4.68%6.95%-0.63%1.76%2.17%-0.40%3.39%0.48%19.41%
20231.83%1.92%5.01%-6.05%5.12%4.72%1.62%-0.33%-5.04%-0.47%8.34%8.97%27.39%
2022-11.94%-0.50%2.90%-12.40%-4.62%-6.15%8.49%-0.65%-8.65%11.18%-1.65%-7.42%-29.54%
20211.92%-1.73%-2.50%3.57%1.60%4.62%2.86%4.26%-5.92%6.57%2.91%2.42%21.83%

Benchmark Metrics

Invesco Next Gen Connectivity ETF has an annualized alpha of 5.94%, beta of 0.99, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since June 24, 2005.

  • This ETF captured 128.30% of S&P 500 Index gains and 105.43% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This ETF generated an annualized alpha of 5.94% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 0.99 and R2 of 0.60, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
5.94%
Beta
0.99
0.60
Upside Capture
128.30%
Downside Capture
105.43%

Expense Ratio

PXQ has an expense ratio of 0.40%, placing it in the medium range.


Return for Risk

Risk / Return Rank

PXQ ranks 96 for risk / return — in the top 96% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


PXQ Risk / Return Rank: 9696
Overall Rank
PXQ Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
PXQ Sortino Ratio Rank: 9696
Sortino Ratio Rank
PXQ Omega Ratio Rank: 9595
Omega Ratio Rank
PXQ Calmar Ratio Rank: 9696
Calmar Ratio Rank
PXQ Martin Ratio Rank: 9797
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco Next Gen Connectivity ETF (PXQ) and compare them to S&P 500 Index.


PXQBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+2.46

Sortino ratioReturn per unit of downside risk

+2.64

Omega ratioGain probability vs. loss probability

1.76

1.41

+0.35

Calmar ratioReturn relative to maximum drawdown

10.00

2.93

+7.08

Martin ratioReturn relative to average drawdown

44.01

13.52

+30.49

Dividends

Dividend History

Invesco Next Gen Connectivity ETF provided a 0.57% dividend yield over the last twelve months, with an annual payout of $1.25 per share.


0.00%0.50%1.00%1.50%2.00%$0.00$0.50$1.00$1.502016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019201820172016
Dividend$1.25$1.15$1.45$0.54$1.58$0.56$0.15$0.27$0.59$0.30$0.18

Dividend yield

0.57%0.86%1.38%0.60%2.24%0.55%0.18%0.44%1.22%0.66%0.44%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco Next Gen Connectivity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.32$0.00$0.00$0.00$0.32
2025$0.00$0.00$0.22$0.00$0.00$0.36$0.00$0.00$0.36$0.00$0.00$0.22$1.15
2024$0.00$0.00$0.30$0.00$0.00$0.43$0.00$0.00$0.33$0.00$0.00$0.39$1.45
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12$0.00$0.00$0.41$0.54
2022$0.00$0.00$0.47$0.00$0.00$0.52$0.00$0.00$0.19$0.00$0.00$0.40$1.58
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.25$0.00$0.00$0.31$0.56

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco Next Gen Connectivity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Next Gen Connectivity ETF was 57.18%, occurring on Nov 21, 2008. Recovery took 342 trading sessions.

The current Invesco Next Gen Connectivity ETF drawdown is 0.63%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-57.18%Nov 2008
1y 4mo1y 4mo
2y 8moJul 2007 - Apr 2010
Bear market2022
-34.55%Jun 2022
7mo 8d2y 23d
2y 8moNov 2021 - Jul 2024
2011 bear market2011
-31.91%Oct 2011
7mo 20d1y 10mo
2y 5moFeb 2011 - Aug 2013
COVID crash2020
-31.71%Mar 2020
1mo 8d2mo 17d
3mo 25dFeb 2020 - Jun 2020
2016 bear market2016
-30.00%Feb 2016
7mo 25d7mo 13d
1y 3moJun 2015 - Sep 2016

Drawdown Indicators


PXQBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-57.18%

-56.78%

-0.40%

Max Drawdown (1Y)

Largest decline over 1 year

-9.99%

-9.10%

-0.89%

Max Drawdown (3Y)

Largest decline over 3 years

-21.40%

-18.90%

-2.50%

Max Drawdown (5Y)

Largest decline over 5 years

-34.55%

-25.43%

-9.12%

Max Drawdown (10Y)

Largest decline over 10 years

-34.55%

-33.92%

-0.63%

Current Drawdown

Current decline from peak

-0.63%

-0.74%

+0.11%

Average Drawdown

Average peak-to-trough decline

-10.74%

-10.72%

-0.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.27%

1.97%

+0.30%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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