SPTE vs. PXQ

Last updated Apr 1, 2026

Compare and contrast key facts about SP Funds S&P Global Technology ETF (SPTE) and Invesco Dynamic Networking ETF (PXQ).

SPTE and PXQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPTE is a passively managed fund by SP Funds that tracks the performance of the S&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Gross. It was launched on Nov 30, 2023. 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. Both SPTE and PXQ 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

SPTE vs. PXQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds S&P Global Technology ETF (SPTE) and Invesco Dynamic Networking ETF (PXQ). The values are adjusted to include any dividend payments, if applicable.

SPTE vs. PXQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SPTE SP Funds S&P Global Technology ETF	-1.45%	26.37%	33.28%	5.24%
PXQ Invesco Dynamic Networking ETF	3.66%	28.65%	19.41%	5.43%

Returns By Period

In the year-to-date period, SPTE achieves a -1.45% return, which is significantly lower than PXQ's 3.66% return.

SPTE

• 1D: 4.49%
• 1M: -6.88%
• YTD: -1.45%
• 6M: 1.70%
• 1Y: 38.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PXQ

• 1D: 3.38%
• 1M: -6.68%
• YTD: 3.66%
• 6M: 9.60%
• 1Y: 39.27%
• 3Y*: 23.01%
• 5Y*: 11.86%
• 10Y*: 16.17%

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

SPTE vs. PXQ - Expense Ratio Comparison

SPTE has a 0.55% expense ratio, which is lower than PXQ's 0.63% expense ratio.

PXQ

Invesco Dynamic Networking ETF

SPTE

SP Funds S&P Global Technology ETF

Return for Risk

SPTE vs. PXQ — Risk / Return Rank

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

SPTE

SPTE Risk / Return Rank: 83
SPTE Sharpe Ratio Rank: 80
SPTE Sortino Ratio Rank: 83
SPTE Omega Ratio Rank: 78
SPTE Calmar Ratio Rank: 88
SPTE Martin Ratio Rank: 86

PXQ

PXQ Risk / Return Rank: 88
PXQ Sharpe Ratio Rank: 85
PXQ Sortino Ratio Rank: 87
PXQ Omega Ratio Rank: 84
PXQ Calmar Ratio Rank: 90
PXQ Martin Ratio Rank: 94

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.

SPTE vs. PXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and Invesco Dynamic Networking ETF (PXQ). 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.

	SPTE	PXQ	Difference
Sharpe ratio Return per unit of total volatility	1.43	1.70	-0.26
Sortino ratio Return per unit of downside risk	2.10	2.39	-0.29
Omega ratio Gain probability vs. loss probability	1.28	1.33	-0.05
Calmar ratio Return relative to maximum drawdown	2.69	3.03	-0.33
Martin ratio Return relative to average drawdown	9.53	14.17	-4.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPTE vs. PXQ - Sharpe Ratio Comparison

The current SPTE Sharpe Ratio is 1.43, which is comparable to the PXQ Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of SPTE and PXQ, 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

	SPTE	PXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.70	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	0.48	+0.58

Correlation

The correlation between SPTE and PXQ is 0.87, 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.

Dividends

SPTE vs. PXQ - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.97%, more than PXQ's 0.90% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SPTE SP Funds S&P Global Technology ETF	0.97%	0.96%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PXQ Invesco Dynamic Networking ETF	0.90%	0.86%	1.38%	0.60%	2.24%	0.55%	0.18%	0.44%	1.22%	0.66%	0.44%

Drawdowns

SPTE vs. PXQ - Drawdown Comparison

The maximum SPTE drawdown since its inception was -25.55%, smaller than the maximum PXQ drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for SPTE and PXQ.

Drawdown Indicators

	SPTE	PXQ	Difference
Max Drawdown Largest peak-to-trough decline	-25.55%	-57.18%	+31.63%
Max Drawdown (1Y) Largest decline over 1 year	-14.05%	-12.94%	-1.11%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.55%	—
Current Drawdown Current decline from peak	-9.93%	-6.94%	-2.99%
Average Drawdown Average peak-to-trough decline	-4.25%	-10.82%	+6.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.97%	2.76%	+1.21%

Volatility

SPTE vs. PXQ - Volatility Comparison

SP Funds S&P Global Technology ETF (SPTE) has a higher volatility of 9.15% compared to Invesco Dynamic Networking ETF (PXQ) at 8.61%. This indicates that SPTE's price experiences larger fluctuations and is considered to be riskier than PXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPTE	PXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.15%	8.61%	+0.54%
Volatility (6M) Calculated over the trailing 6-month period	16.86%	15.47%	+1.39%
Volatility (1Y) Calculated over the trailing 1-year period	26.99%	23.27%	+3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.74%	22.86%	+2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.74%	22.72%	+3.02%