METW vs. PXQ

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill Meta Weeklypay ETF (METW) and Invesco Dynamic Networking ETF (PXQ).

METW and PXQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. METW is a passively managed fund by Roundhill that tracks the performance of the Ball Metaverse Index. It was launched on Jun 30, 2021. PXQ is a passively managed fund by Invesco that tracks the performance of the Dynamic Networking Intellidex Index. It was launched on Jun 23, 2005. Both METW and PXQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

METW vs. PXQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meta Weeklypay ETF (METW) and Invesco Dynamic Networking ETF (PXQ). The values are adjusted to include any dividend payments, if applicable.

METW vs. PXQ - Yearly Performance Comparison

	2026 (YTD)	2025
METW Roundhill Meta Weeklypay ETF	-15.94%	-8.20%
PXQ Invesco Dynamic Networking ETF	5.86%	20.60%

Returns By Period

In the year-to-date period, METW achieves a -15.94% return, which is significantly lower than PXQ's 5.86% return.

METW

• 1D: 1.15%
• 1M: -14.03%
• YTD: -15.94%
• 6M: -24.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PXQ

• 1D: 2.12%
• 1M: -4.06%
• YTD: 5.86%
• 6M: 10.12%
• 1Y: 41.49%
• 3Y*: 23.88%
• 5Y*: 12.33%
• 10Y*: 16.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

METW vs. PXQ - Expense Ratio Comparison

METW has a 0.59% expense ratio, which is lower than PXQ's 0.63% expense ratio.

PXQ

Invesco Dynamic Networking ETF

METW

Roundhill Meta Weeklypay ETF

Return for Risk

METW vs. PXQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PXQ

PXQ Risk / Return Rank: 88
PXQ Sharpe Ratio Rank: 85
PXQ Sortino Ratio Rank: 87
PXQ Omega Ratio Rank: 84
PXQ Calmar Ratio Rank: 90
PXQ Martin Ratio Rank: 94

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.

METW vs. PXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) and Invesco Dynamic Networking ETF (PXQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	METW	PXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.79	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.68	0.49	-1.16

Correlation

The correlation between METW and PXQ is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

METW vs. PXQ - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 50.14%, more than PXQ's 0.88% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
METW Roundhill Meta Weeklypay ETF	50.14%	30.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PXQ Invesco Dynamic Networking ETF	0.88%	0.86%	1.38%	0.60%	2.24%	0.55%	0.18%	0.44%	1.22%	0.66%	0.44%

Drawdowns

METW vs. PXQ - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, smaller than the maximum PXQ drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for METW and PXQ.

Drawdown Indicators

	METW	PXQ	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-57.18%	+16.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.55%	—
Current Drawdown Current decline from peak	-33.30%	-4.97%	-28.33%
Average Drawdown Average peak-to-trough decline	-15.26%	-10.82%	-4.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.78%	—

Volatility

Volatility by Period

	METW	PXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	41.86%	23.35%	+18.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.86%	22.87%	+18.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.86%	22.72%	+19.14%