PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PNQI vs. DSTL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PNQI vs. DSTL

Last updated Jun 26, 2026

PNQI (Invesco NASDAQ Internet ETF) and DSTL (Distillate U.S. Fundamental Stability & Value ETF) are both exchange-traded funds - PNQI is a Large Cap Growth Equities fund tracking the NASDAQ Internet Index, while DSTL is a Large Cap Value Equities fund actively managed by Distillate Capital. PNQI is passively managed, while DSTL is actively managed. Over the past 5 years, PNQI returned -3.03%/yr vs 8.87%/yr for DSTL. A 0.66 correlation means they provide meaningful diversification when combined. PNQI charges 0.62%/yr vs 0.39%/yr for DSTL.

Performance

PNQI vs. DSTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ Internet ETF (PNQI) and Distillate U.S. Fundamental Stability & Value ETF (DSTL). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PNQI achieves a -18.59% return, which is significantly lower than DSTL's 1.53% return.

PNQI

1D
-2.67%
1M
-8.54%
YTD
-18.59%
6M
-19.34%
1Y
-13.81%
3Y*
12.87%
5Y*
-3.03%
10Y*
11.73%

DSTL

1D
0.52%
1M
0.38%
YTD
1.53%
6M
0.28%
1Y
10.18%
3Y*
12.00%
5Y*
8.87%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PNQI vs. DSTL - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
PNQI
Invesco NASDAQ Internet ETF		-18.59%15.56%29.44%60.69%-47.92%-5.57%61.36%28.76%-8.83%
DSTL
Distillate U.S. Fundamental Stability & Value ETF		1.53%8.71%12.78%22.71%-10.64%28.87%19.31%35.49%-8.42%

Correlation

The correlation between PNQI and DSTL is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.49

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (5Y)
Calculated over the trailing 5-year period

0.66

Correlation (All Time)
Calculated using the full available price history since Oct 24, 2018

0.66

The correlation between PNQI and DSTL shifts across timeframes, from 0.49 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.

PNQI vs. DSTL - Sectors Allocation Comparison

Sectors
PNQI
DSTL

Technology

39.8%
31.1%

Communication Services

30.4%
6.7%

Consumer Cyclical

27.0%
11.9%

Financial Services

2.4%
6.8%

Real Estate

0.4%

-

Industrials

0.1%
12.9%

Healthcare

0.0%
20.3%

Basic Materials

-

0.7%

Consumer Defensive

-

3.3%

Energy

-

5.4%

Utilities

-

1.0%

Technology

PNQI
39.8%
DSTL
31.1%

Communication Services

PNQI
30.4%
DSTL
6.7%

Consumer Cyclical

PNQI
27.0%
DSTL
11.9%

Financial Services

PNQI
2.4%
DSTL
6.8%

Real Estate

PNQI
0.4%
DSTL

-

Industrials

PNQI
0.1%
DSTL
12.9%

Healthcare

PNQI
0.0%
DSTL
20.3%

Basic Materials

PNQI

-

DSTL
0.7%

Consumer Defensive

PNQI

-

DSTL
3.3%

Energy

PNQI

-

DSTL
5.4%

Utilities

PNQI

-

DSTL
1.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco NASDAQ Internet ETF

Distillate U.S. Fundamental Stability & Value ETF

Often compared with PNQI:
PNQI vs. QQQPNQI vs. FDNPNQI vs. OGIGPNQI vs. XNTKPNQI vs. EUFNPNQI vs. SMHPNQI vs. IYW
Often compared with DSTL:
DSTL vs. COWZDSTL vs. VFLODSTL vs. PPLDSTL vs. PFIXDSTL vs. VOODSTL vs. SCHDDSTL vs. POGRX

Return for Risk

PNQI vs. DSTL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PNQI
PNQI Risk / Return Rank: 44
Overall Rank
PNQI Sharpe Ratio Rank: 44
Sharpe Ratio Rank
PNQI Sortino Ratio Rank: 44
Sortino Ratio Rank
PNQI Omega Ratio Rank: 44
Omega Ratio Rank
PNQI Calmar Ratio Rank: 55
Calmar Ratio Rank
PNQI Martin Ratio Rank: 44
Martin Ratio Rank
DSTL
DSTL Risk / Return Rank: 2626
Overall Rank
DSTL Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
DSTL Sortino Ratio Rank: 2525
Sortino Ratio Rank
DSTL Omega Ratio Rank: 2323
Omega Ratio Rank
DSTL Calmar Ratio Rank: 2828
Calmar Ratio Rank
DSTL Martin Ratio Rank: 2828
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.

PNQI vs. DSTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Internet ETF (PNQI) and Distillate U.S. Fundamental Stability & Value ETF (DSTL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

PNQIDSTLDifference
Sharpe ratioReturn per unit of total volatility
-0.74
0.85

-1.58

Sortino ratioReturn per unit of downside risk
-0.91
1.30

-2.20

Omega ratioGain probability vs. loss probability

0.89

1.15

-0.26

Calmar ratioReturn relative to maximum drawdown

-0.56

1.23

-1.79

Martin ratioReturn relative to average drawdown

-1.20

3.51

-4.71

PNQI vs. DSTL - Sharpe Ratio Comparison

The current PNQI Sharpe Ratio is -0.74, which is lower than the DSTL Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of PNQI and DSTL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

PNQI vs. DSTL - Drawdown Comparison

The maximum PNQI drawdown since its inception was -59.70%, which is greater than DSTL's maximum drawdown of -33.09%. Use the drawdown chart below to compare losses from any high point for PNQI and DSTL.

Loading charts...

Drawdown Indicators

PNQIDSTLDifference

Max Drawdown

Largest peak-to-trough decline

-59.70%

-33.09%

-26.61%

Max Drawdown (1Y)

Largest decline over 1 year

-24.85%

-8.30%

-16.55%

Max Drawdown (3Y)

Largest decline over 3 years

-24.85%

-16.92%

-7.93%

Max Drawdown (5Y)

Largest decline over 5 years

-59.56%

-20.10%

-39.46%

Max Drawdown (10Y)

Largest decline over 10 years

-59.70%

—

—

Current Drawdown

Current decline from peak

-23.06%

-3.57%

-19.49%

Average Drawdown

Average peak-to-trough decline

-12.98%

-4.15%

-8.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.55%

2.91%

+8.64%

Volatility

PNQI vs. DSTL - Volatility Comparison

Invesco NASDAQ Internet ETF (PNQI) has a higher volatility of 7.49% compared to Distillate U.S. Fundamental Stability & Value ETF (DSTL) at 4.21%. This indicates that PNQI's price experiences larger fluctuations and is considered to be riskier than DSTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

PNQIDSTLDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.49%

4.21%

+3.28%

Volatility (6M)

Calculated over the trailing 6-month period

15.12%

8.85%

+6.27%

Volatility (1Y)

Calculated over the trailing 1-year period

18.83%

12.10%

+6.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.93%

15.80%

+11.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.32%

19.37%

+5.95%

PNQI vs. DSTL - Expense Ratio Comparison

PNQI has a 0.62% expense ratio, which is higher than DSTL's 0.39% expense ratio.

Dividends

PNQI vs. DSTL - Dividend Comparison

PNQI has not paid dividends to shareholders, while DSTL's dividend yield for the trailing twelve months is around 1.24%.

PositionTTM202520242023202220212020201920182017
DSTL
Distillate U.S. Fundamental Stability & Value ETF		1.24%1.31%1.34%1.30%1.35%1.01%0.83%0.97%0.00%0.00%
PNQI
Invesco NASDAQ Internet ETF		0.00%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%

Frequently Asked Questions

PNQI and DSTL have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PNQI has higher volatility (7.49%) compared to DSTL (4.21%). In terms of maximum drawdown, PNQI dropped -59.70% vs DSTL's -33.09%.

On 5-year performance, DSTL leads with 8.87% vs -3.03% for PNQI. On fees, DSTL is cheaper at 0.39% per year. On volatility, DSTL has been the lower-risk option at 4.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DSTL has performed better with a 8.87% return vs -3.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DSTL is cheaper with a 0.39% expense ratio, compared with 0.62% for PNQI.

DSTL has the higher dividend yield at 1.24%, compared with 0.00% for PNQI.

PNQI is categorized as Large Cap Growth Equities, while DSTL is Large Cap Value Equities. They also come from different issuers: Invesco and Distillate Capital. Their fees differ too: 0.62% for PNQI and 0.39% for DSTL.

DSTL currently has the higher Sharpe Ratio (0.85 vs -0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for PNQI and DSTL

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer