Invesco NASDAQ Internet ETF (PNQI) is a communication-services ETF. As of October 9, 2026, ETF Copilot scores PNQI 5.7 out of 10 — highest on Value (9.2), lowest on Risk (1.3). It trades at 24.2 times earnings, against its own median of 32.5. Its ten largest holdings are 63% of the fund.
What stands out in PNQI's data
U.S. internet software and services companies, from e-commerce to cloud platforms.
Trades at a higher price than typical peers — you pay more for each dollar of earnings.
Trailing P/E multiple of 24.2x sits above the category median of 18.5x, though below its own historical median of 32.7x. Holds 77 stocks.
A growth-oriented sleeve for a portfolio already tilted toward technology and communication services.
Why did PNQI move this week? It rose 3.7% in the week to October 9, 2026 — Amazon.com and Spotify Technology drove it
PNQI rose 3.7% in the week to October 9, 2026. The holdings that moved it most were Amazon.com (+4.3%), Spotify Technology (+11.9%) and Microsoft (+3.4%); Meta Platforms (−1.3%) pushed the other way.
How is PNQI rated? ETF Copilot scores Invesco NASDAQ Internet ETF (PNQI) 5.7 out of 10
As of October 9, 2026, ETF Copilot scores Invesco NASDAQ Internet ETF (PNQI) 5.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.7 / 10
- Growth: 6.9 / 10
- Value: 9.2 / 10
- Risk: 1.3 / 10
- Quality: 7.1 / 10
- Return: 4.0 / 10
Is PNQI expensive right now? It trades at 24.2 times earnings, against its own median of 32.5
As of October 9, 2026, PNQI is cheaper than 97% of its own last 9 years.
Trailing 12 months, built from PNQI's holdings. How we calculate this →
What's inside PNQI? 49% Tech
What's inside PNQI: Size (Large 91%, Mid 9%, Small 1%); Geography (International 15%, US 85%); Tech 49.1%; Magnificent 7 43.3%; AI 20.9%.
What are PNQI's top holdings? The ten largest are 63% of the fund
Facebook, Apple, Microsoft, Alphabet, Amazon.com, Shopify, Walt Disney, Uber Technologies, Salesforce and Netflix are PNQI's largest holdings, in that order.
More concentrated than 50% of Communications ETFs.
Half of PNQI's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 20 equally weighted holdings.
What is PNQI's expense ratio? 0.60% a year
As of October 9, 2026, PNQI charges 0.60% a year and holds $544M in assets across 77 positions.
| Measure | PNQI |
|---|---|
| Expense ratio | 0.60% |
| Assets under management | $544M |
| Holdings | 77 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Invesco NASDAQ Internet ETF (PNQI) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/pnqi
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