PNQI vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricPNQIVTIWinner
Expense Ratio0.60%0.03%
AUM$508M$663.5B
Dividend Yield0.00%1.07%
Holdings803,543
YTD Return-3.04%+14.20%
1Y Return-1.87%+24.16%
3Y Return (annualized)+16.97%+21.12%
5Y Return (annualized)+0.52%+12.37%
Volatility (annualized)22.9%15.3%
Max Drawdown-59.7%-56.6%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 12, 2008May 24, 2001

PNQI vs VTI Performance

Invesco Nasdaq Internet ETF (PNQI) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year PNQI returned -1.87% while VTI returned +24.16%. Year to date, PNQI is down 3.04% versus a gain of 14.20% for VTI.

Over three years, PNQI compounded at +16.97% per year against +21.12% for VTI; over five years the annualized figures are +0.52% and +12.37% respectively. Across the full 18-year window we track, PNQI has the edge at +13.87% annualized vs +8.14%. 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 15.3% for VTI. 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 -56.6% for VTI. 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 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

PNQI charges 0.60% per year while VTI 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 1.07% for VTI.

Holdings Overlap

18.9%overlap

PNQI and VTI share 50 holdings out of 2811 unique holdings combined, representing a 18.9% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PNQIWeight in VTIDifference
AAPL7.78%5.84%1.94%
MSFT7.05%3.81%3.24%
AMZN7.64%3.17%4.47%
GOOGProProPro
METAProProPro
UBERProProPro
BKNGProProPro
DISProProPro
NFLXProProPro
CRMProProPro
See all 10 holdings PNQI shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, PNQI or VTI?

PNQI has an expense ratio of 0.60% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $57 per year of difference.

Which performed better, PNQI or VTI?

Over the past year PNQI returned -1.87% vs +24.16% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (18 years), PNQI annualized +13.87% vs +8.14% for VTI. Past performance does not guarantee future results.

Which is riskier, PNQI or VTI?

PNQI has been the more volatile fund at 22.9% annualized versus 15.3% for VTI. Worst drawdown: PNQI -59.7% vs VTI -56.6%.

Should I hold both PNQI and VTI?

PNQI and VTI have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PNQI and VTI?

PNQI and VTI share 50 common holdings with a 18.9% weight overlap. Combined, they hold 2811 unique securities.

Which pays a higher dividend, PNQI or VTI?

PNQI yields 0.00% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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