PNQI vs. XNGI.DE

Last updated Apr 3, 2026

Compare and contrast key facts about Invesco NASDAQ Internet ETF (PNQI) and Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGI.DE).

PNQI and XNGI.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PNQI is a passively managed fund by Invesco that tracks the performance of the NASDAQ Internet Index. It was launched on Jun 12, 2008. XNGI.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI IMI Next Generation Internet Innovation Select ESG Screened 100. It was launched on Jul 12, 2022. Both PNQI and XNGI.DE 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

PNQI vs. XNGI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ Internet ETF (PNQI) and Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGI.DE). The values are adjusted to include any dividend payments, if applicable.

PNQI vs. XNGI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
PNQI Invesco NASDAQ Internet ETF	-16.55%	15.56%	29.44%	60.69%	-11.46%
XNGI.DE Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C	-12.13%	21.66%	35.21%	57.35%	-10.06%

Different Trading Currencies

PNQI is traded in USD, while XNGI.DE is traded in EUR. To make them comparable, the XNGI.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PNQI achieves a -16.55% return, which is significantly lower than XNGI.DE's -12.13% return.

PNQI

• 1D: 0.56%
• 1M: -4.50%
• YTD: -16.55%
• 6M: -19.46%
• 1Y: 0.55%
• 3Y*: 17.02%
• 5Y*: -0.90%
• 10Y*: 11.53%

XNGI.DE

• 1D: -0.40%
• 1M: -1.87%
• YTD: -12.13%
• 6M: -13.85%
• 1Y: 12.84%
• 3Y*: 22.69%
• 5Y*: —
• 10Y*: —

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

PNQI vs. XNGI.DE - Expense Ratio Comparison

PNQI has a 0.62% expense ratio, which is higher than XNGI.DE's 0.30% expense ratio.

PNQI

Invesco NASDAQ Internet ETF

XNGI.DE

Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C

Return for Risk

PNQI vs. XNGI.DE — Risk / Return Rank

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

PNQI

PNQI Risk / Return Rank: 12
PNQI Sharpe Ratio Rank: 12
PNQI Sortino Ratio Rank: 12
PNQI Omega Ratio Rank: 12
PNQI Calmar Ratio Rank: 12
PNQI Martin Ratio Rank: 12

XNGI.DE

XNGI.DE Risk / Return Rank: 20
XNGI.DE Sharpe Ratio Rank: 18
XNGI.DE Sortino Ratio Rank: 19
XNGI.DE Omega Ratio Rank: 18
XNGI.DE Calmar Ratio Rank: 24
XNGI.DE Martin Ratio Rank: 22

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. XNGI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Internet ETF (PNQI) and Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGI.DE). 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.

	PNQI	XNGI.DE	Difference
Sharpe ratio Return per unit of total volatility	0.02	0.56	-0.54
Sortino ratio Return per unit of downside risk	0.20	0.96	-0.75
Omega ratio Gain probability vs. loss probability	1.03	1.12	-0.10
Calmar ratio Return relative to maximum drawdown	0.06	0.91	-0.85
Martin ratio Return relative to average drawdown	0.16	2.68	-2.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PNQI vs. XNGI.DE - Sharpe Ratio Comparison

The current PNQI Sharpe Ratio is 0.02, which is lower than the XNGI.DE Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of PNQI and XNGI.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PNQI	XNGI.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.02	0.56	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.97	-0.46

Correlation

The correlation between PNQI and XNGI.DE is 0.64, 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

PNQI vs. XNGI.DE - Dividend Comparison

PNQI's dividend yield for the trailing twelve months is around 0.02%, while XNGI.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PNQI Invesco NASDAQ Internet ETF	0.02%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%
XNGI.DE Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PNQI vs. XNGI.DE - Drawdown Comparison

The maximum PNQI drawdown since its inception was -59.70%, which is greater than XNGI.DE's maximum drawdown of -24.74%. Use the drawdown chart below to compare losses from any high point for PNQI and XNGI.DE.

Drawdown Indicators

	PNQI	XNGI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-59.70%	-27.91%	-31.79%
Max Drawdown (1Y) Largest decline over 1 year	-24.85%	-18.97%	-5.88%
Max Drawdown (5Y) Largest decline over 5 years	-59.56%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-59.70%	—	—
Current Drawdown Current decline from peak	-21.13%	-16.14%	-4.99%
Average Drawdown Average peak-to-trough decline	-12.94%	-6.29%	-6.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.54%	6.93%	+1.61%

Volatility

PNQI vs. XNGI.DE - Volatility Comparison

Invesco NASDAQ Internet ETF (PNQI) has a higher volatility of 7.17% compared to Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGI.DE) at 6.00%. This indicates that PNQI's price experiences larger fluctuations and is considered to be riskier than XNGI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PNQI	XNGI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.17%	6.00%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	14.02%	13.88%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	23.46%	22.87%	+0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.86%	21.72%	+5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.24%	21.72%	+3.52%