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PNQI vs. FDN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PNQI and FDN is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

PNQI vs. FDN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ Internet ETF (PNQI) and First Trust Dow Jones Internet Index (FDN). The values are adjusted to include any dividend payments, if applicable.

700.00%750.00%800.00%850.00%900.00%950.00%1,000.00%1,050.00%December2025FebruaryMarchAprilMay
853.87%
892.36%
PNQI
FDN

Key characteristics

Sharpe Ratio

PNQI:

0.87

FDN:

0.83

Sortino Ratio

PNQI:

1.31

FDN:

1.26

Omega Ratio

PNQI:

1.19

FDN:

1.18

Calmar Ratio

PNQI:

0.72

FDN:

0.77

Martin Ratio

PNQI:

3.15

FDN:

2.71

Ulcer Index

PNQI:

6.61%

FDN:

7.74%

Daily Std Dev

PNQI:

24.06%

FDN:

25.26%

Max Drawdown

PNQI:

-59.70%

FDN:

-61.55%

Current Drawdown

PNQI:

-11.49%

FDN:

-10.73%

Returns By Period

In the year-to-date period, PNQI achieves a -0.58% return, which is significantly higher than FDN's -1.99% return. Over the past 10 years, PNQI has underperformed FDN with an annualized return of 12.34%, while FDN has yielded a comparatively higher 13.56% annualized return.


PNQI

YTD

-0.58%

1M

16.87%

6M

6.30%

1Y

16.99%

5Y*

9.37%

10Y*

12.34%

FDN

YTD

-1.99%

1M

18.79%

6M

7.44%

1Y

18.61%

5Y*

9.97%

10Y*

13.56%

*Annualized

Compare stocks, funds, or ETFs

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PNQI vs. FDN - Expense Ratio Comparison

PNQI has a 0.62% expense ratio, which is higher than FDN's 0.52% expense ratio.


Risk-Adjusted Performance

PNQI vs. FDN — Risk-Adjusted Performance Rank

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

PNQI
The Risk-Adjusted Performance Rank of PNQI is 7171
Overall Rank
The Sharpe Ratio Rank of PNQI is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of PNQI is 7272
Sortino Ratio Rank
The Omega Ratio Rank of PNQI is 7272
Omega Ratio Rank
The Calmar Ratio Rank of PNQI is 6969
Calmar Ratio Rank
The Martin Ratio Rank of PNQI is 6969
Martin Ratio Rank

FDN
The Risk-Adjusted Performance Rank of FDN is 6969
Overall Rank
The Sharpe Ratio Rank of FDN is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of FDN is 7070
Sortino Ratio Rank
The Omega Ratio Rank of FDN is 7171
Omega Ratio Rank
The Calmar Ratio Rank of FDN is 7171
Calmar Ratio Rank
The Martin Ratio Rank of FDN is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PNQI vs. FDN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Internet ETF (PNQI) and First Trust Dow Jones Internet Index (FDN). 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.


The current PNQI Sharpe Ratio is 0.87, which is comparable to the FDN Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of PNQI and FDN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50December2025FebruaryMarchAprilMay
0.87
0.83
PNQI
FDN

Dividends

PNQI vs. FDN - Dividend Comparison

Neither PNQI nor FDN has paid dividends to shareholders.


TTM20242023202220212020201920182017
PNQI
Invesco NASDAQ Internet ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%
FDN
First Trust Dow Jones Internet Index
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PNQI vs. FDN - Drawdown Comparison

The maximum PNQI drawdown since its inception was -59.70%, roughly equal to the maximum FDN drawdown of -61.55%. Use the drawdown chart below to compare losses from any high point for PNQI and FDN. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-11.49%
-10.73%
PNQI
FDN

Volatility

PNQI vs. FDN - Volatility Comparison

Invesco NASDAQ Internet ETF (PNQI) and First Trust Dow Jones Internet Index (FDN) have volatilities of 14.48% and 14.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%December2025FebruaryMarchAprilMay
14.48%
14.35%
PNQI
FDN