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

Correlation

The correlation between PNQI and SOXX is 0.68, 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.


-0.50.00.51.00.7

Performance

PNQI vs. SOXX - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
16.70%
-9.81%
PNQI
SOXX

Key characteristics

Sharpe Ratio

PNQI:

1.79

SOXX:

0.51

Sortino Ratio

PNQI:

2.35

SOXX:

0.90

Omega Ratio

PNQI:

1.32

SOXX:

1.11

Calmar Ratio

PNQI:

0.94

SOXX:

0.71

Martin Ratio

PNQI:

11.32

SOXX:

1.55

Ulcer Index

PNQI:

2.81%

SOXX:

11.40%

Daily Std Dev

PNQI:

17.79%

SOXX:

34.67%

Max Drawdown

PNQI:

-59.70%

SOXX:

-70.21%

Current Drawdown

PNQI:

-9.00%

SOXX:

-16.30%

Returns By Period

In the year-to-date period, PNQI achieves a 32.33% return, which is significantly higher than SOXX's 15.98% return. Over the past 10 years, PNQI has underperformed SOXX with an annualized return of 13.38%, while SOXX has yielded a comparatively higher 22.95% annualized return.


PNQI

YTD

32.33%

1M

2.34%

6M

18.00%

1Y

32.14%

5Y*

10.94%

10Y*

13.38%

SOXX

YTD

15.98%

1M

2.54%

6M

-8.42%

1Y

17.24%

5Y*

22.51%

10Y*

22.95%

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. SOXX - Expense Ratio Comparison

PNQI has a 0.62% expense ratio, which is higher than SOXX's 0.46% expense ratio.


PNQI
Invesco NASDAQ Internet ETF
Expense ratio chart for PNQI: current value at 0.62% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.62%
Expense ratio chart for SOXX: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%

Risk-Adjusted Performance

PNQI vs. SOXX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Internet ETF (PNQI) and iShares PHLX Semiconductor ETF (SOXX). 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.


Sharpe ratio
The chart of Sharpe ratio for PNQI, currently valued at 1.79, compared to the broader market0.002.004.001.790.51
The chart of Sortino ratio for PNQI, currently valued at 2.35, compared to the broader market-2.000.002.004.006.008.0010.002.350.90
The chart of Omega ratio for PNQI, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.001.321.11
The chart of Calmar ratio for PNQI, currently valued at 0.94, compared to the broader market0.005.0010.0015.000.940.71
The chart of Martin ratio for PNQI, currently valued at 11.32, compared to the broader market0.0020.0040.0060.0080.00100.0011.321.55
PNQI
SOXX

The current PNQI Sharpe Ratio is 1.79, which is higher than the SOXX Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of PNQI and SOXX, 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.79
0.51
PNQI
SOXX

Dividends

PNQI vs. SOXX - Dividend Comparison

PNQI has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.65%.


TTM20232022202120202019201820172016201520142013
PNQI
Invesco NASDAQ Internet ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.00%0.00%0.00%0.00%
SOXX
iShares PHLX Semiconductor ETF
0.65%0.78%1.25%0.64%0.81%1.23%1.37%0.90%1.08%1.29%1.56%1.18%

Drawdowns

PNQI vs. SOXX - Drawdown Comparison

The maximum PNQI drawdown since its inception was -59.70%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for PNQI and SOXX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.00%
-16.30%
PNQI
SOXX

Volatility

PNQI vs. SOXX - Volatility Comparison

The current volatility for Invesco NASDAQ Internet ETF (PNQI) is 5.68%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 8.71%. This indicates that PNQI experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
5.68%
8.71%
PNQI
SOXX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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