PXQ vs. FDN
Compare and contrast key facts about Invesco Dynamic Networking ETF (PXQ) and First Trust Dow Jones Internet Index (FDN).
PXQ and FDN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PXQ is a passively managed fund by Invesco that tracks the performance of the Dynamic Networking Intellidex Index. It was launched on Jun 23, 2005. FDN is a passively managed fund by First Trust that tracks the performance of the Dow Jones Internet Index. It was launched on Jun 23, 2006. Both PXQ and FDN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PXQ or FDN.
Correlation
The correlation between PXQ and FDN is 0.71, 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
PXQ vs. FDN - Performance Comparison
Key characteristics
Returns By Period
PXQ
N/A
N/A
N/A
N/A
N/A
N/A
FDN
-2.47%
6.86%
1.52%
17.10%
8.93%
13.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PXQ vs. FDN - Expense Ratio Comparison
PXQ has a 0.63% expense ratio, which is higher than FDN's 0.52% expense ratio.
Risk-Adjusted Performance
PXQ vs. FDN — Risk-Adjusted Performance Rank
PXQ
FDN
PXQ vs. FDN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Networking ETF (PXQ) 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.
Dividends
PXQ vs. FDN - Dividend Comparison
Neither PXQ nor FDN has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
PXQ Invesco Dynamic Networking ETF | 0.00% | 0.79% | 0.60% | 0.95% | 0.55% | 0.18% | 0.43% | 1.22% | 0.66% | 0.44% |
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% | 0.00% |
Drawdowns
PXQ vs. FDN - Drawdown Comparison
Volatility
PXQ vs. FDN - Volatility Comparison
The current volatility for Invesco Dynamic Networking ETF (PXQ) is 0.00%, while First Trust Dow Jones Internet Index (FDN) has a volatility of 8.26%. This indicates that PXQ experiences smaller price fluctuations and is considered to be less risky than FDN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.