PNQI vs VOO
PNQI vs VOO
Invesco Nasdaq Internet ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | PNQI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.03% | |
| AUM | $508M | $979.0B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 80 | 509 | |
| YTD Return | -4.77% | +13.31% | |
| 1Y Return | -1.83% | +24.01% | |
| 3Y Return (annualized) | +15.83% | +21.17% | |
| 5Y Return (annualized) | +0.05% | +13.34% | |
| Volatility (annualized) | 22.9% | 14.1% | |
| Max Drawdown | -59.7% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 12, 2008 | Sep 7, 2010 |
PNQI vs VOO Performance
Invesco Nasdaq Internet ETF (PNQI) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PNQI returned -1.83% while VOO returned +24.01%. Year to date, PNQI is down 4.77% versus a gain of 13.31% for VOO.
Over three years, PNQI compounded at +15.83% per year against +21.17% for VOO; over five years the annualized figures are +0.05% and +13.34% respectively. Across the full 16-year window we track, PNQI has the edge at +13.77% annualized vs +13.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PNQI has been the more volatile fund, with annualized monthly volatility of 22.9% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -59.7% for PNQI and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PNQI charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, PNQI currently yields 0.00% against 1.09% for VOO.
Holdings Overlap
PNQI and VOO share 22 holdings out of 561 unique holdings combined, representing a 21.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PNQI | Weight in VOO | Difference |
|---|---|---|---|
| AAPL | 7.78% | 6.59% | 1.19% |
| MSFT | 7.05% | 4.30% | 2.75% |
| AMZN | 7.64% | 3.62% | 4.02% |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| UBER | Pro | Pro | Pro |
| BKNG | Pro | Pro | Pro |
| DIS | Pro | Pro | Pro |
| NFLX | Pro | Pro | Pro |
| CRM | Pro | Pro | Pro |
See all 10 holdings PNQI shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, PNQI or VOO?
PNQI has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, PNQI or VOO?
Over the past year PNQI returned -1.83% vs +24.01% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), PNQI annualized +13.77% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, PNQI or VOO?
PNQI has been the more volatile fund at 22.9% annualized versus 14.1% for VOO. Worst drawdown: PNQI -59.7% vs VOO -34.3%.
Should I hold both PNQI and VOO?
PNQI and VOO have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PNQI and VOO?
PNQI and VOO share 22 common holdings with a 21.2% weight overlap. Combined, they hold 561 unique securities.
Which pays a higher dividend, PNQI or VOO?
PNQI yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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