PortfoliosLab logo
PNQI vs. IWY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PNQI and IWY is 0.82, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

PNQI vs. IWY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ Internet ETF (PNQI) and iShares Russell Top 200 Growth ETF (IWY). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2025FebruaryMarchApril
-10.48%
-15.38%
PNQI
IWY

Key characteristics

Sharpe Ratio

PNQI:

-0.13

IWY:

-0.14

Sortino Ratio

PNQI:

-0.04

IWY:

-0.04

Omega Ratio

PNQI:

0.99

IWY:

0.99

Calmar Ratio

PNQI:

-0.10

IWY:

-0.13

Martin Ratio

PNQI:

-0.52

IWY:

-0.51

Ulcer Index

PNQI:

5.32%

IWY:

5.84%

Daily Std Dev

PNQI:

20.71%

IWY:

21.38%

Max Drawdown

PNQI:

-59.70%

IWY:

-32.68%

Current Drawdown

PNQI:

-25.60%

IWY:

-23.22%

Returns By Period

In the year-to-date period, PNQI achieves a -16.43% return, which is significantly higher than IWY's -20.22% return. Over the past 10 years, PNQI has underperformed IWY with an annualized return of 10.49%, while IWY has yielded a comparatively higher 14.74% annualized return.


PNQI

YTD

-16.43%

1M

-16.19%

6M

-10.07%

1Y

-2.62%

5Y*

8.13%

10Y*

10.49%

IWY

YTD

-20.22%

1M

-15.16%

6M

-14.80%

1Y

-2.99%

5Y*

16.76%

10Y*

14.74%

*Annualized

Compare stocks, funds, or ETFs

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


PNQI vs. IWY - Expense Ratio Comparison

PNQI has a 0.62% expense ratio, which is higher than IWY's 0.20% expense ratio.


Expense ratio chart for PNQI: current value is 0.62%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PNQI: 0.62%
Expense ratio chart for IWY: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IWY: 0.20%

Risk-Adjusted Performance

PNQI vs. IWY — 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 4949
Overall Rank
The Sharpe Ratio Rank of PNQI is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of PNQI is 4949
Sortino Ratio Rank
The Omega Ratio Rank of PNQI is 4949
Omega Ratio Rank
The Calmar Ratio Rank of PNQI is 4949
Calmar Ratio Rank
The Martin Ratio Rank of PNQI is 4747
Martin Ratio Rank

IWY
The Risk-Adjusted Performance Rank of IWY is 4747
Overall Rank
The Sharpe Ratio Rank of IWY is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of IWY is 4848
Sortino Ratio Rank
The Omega Ratio Rank of IWY is 4848
Omega Ratio Rank
The Calmar Ratio Rank of IWY is 4646
Calmar Ratio Rank
The Martin Ratio Rank of IWY is 4747
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. IWY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Internet ETF (PNQI) and iShares Russell Top 200 Growth ETF (IWY). 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 chart of Sharpe ratio for PNQI, currently valued at -0.13, compared to the broader market-1.000.001.002.003.004.00
PNQI: -0.13
IWY: -0.14
The chart of Sortino ratio for PNQI, currently valued at -0.04, compared to the broader market-2.000.002.004.006.008.0010.00
PNQI: -0.04
IWY: -0.04
The chart of Omega ratio for PNQI, currently valued at 0.99, compared to the broader market0.501.001.502.002.50
PNQI: 0.99
IWY: 0.99
The chart of Calmar ratio for PNQI, currently valued at -0.10, compared to the broader market0.002.004.006.008.0010.0012.0014.00
PNQI: -0.10
IWY: -0.13
The chart of Martin ratio for PNQI, currently valued at -0.52, compared to the broader market0.0020.0040.0060.0080.00
PNQI: -0.52
IWY: -0.51

The current PNQI Sharpe Ratio is -0.13, which is comparable to the IWY Sharpe Ratio of -0.14. The chart below compares the historical Sharpe Ratios of PNQI and IWY, 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 Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.13
-0.14
PNQI
IWY

Dividends

PNQI vs. IWY - Dividend Comparison

PNQI has not paid dividends to shareholders, while IWY's dividend yield for the trailing twelve months is around 0.52%.


TTM20242023202220212020201920182017201620152014
PNQI
Invesco NASDAQ Internet ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.00%0.00%0.00%
IWY
iShares Russell Top 200 Growth ETF
0.52%0.42%0.68%0.88%0.50%0.71%1.06%1.32%1.26%1.51%1.58%1.44%

Drawdowns

PNQI vs. IWY - Drawdown Comparison

The maximum PNQI drawdown since its inception was -59.70%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for PNQI and IWY. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-25.60%
-23.22%
PNQI
IWY

Volatility

PNQI vs. IWY - Volatility Comparison

Invesco NASDAQ Internet ETF (PNQI) has a higher volatility of 11.26% compared to iShares Russell Top 200 Growth ETF (IWY) at 10.26%. This indicates that PNQI's price experiences larger fluctuations and is considered to be riskier than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
11.26%
10.26%
PNQI
IWY