PNQI vs VTI
Invesco Nasdaq Internet ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PNQI or VTI?
Large Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. PNQI led over the full window, VTI over 1Y, 3Y and 5Y. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 62.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | PNQI | VTI |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $556M | $689.2B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 160 | 3,524 |
| YTD Return | -2.06% | +13.02%Best |
| 1Y Return | -4.42% | +16.63%Best |
| 3Y Return (annualized) | +18.87% | +21.97%Best |
| 5Y Return (annualized) | +1.16% | +11.99%Best |
| Volatility (annualized) | 22.9% | 16.0%Best |
| Max Drawdown | -59.7% | -50.8%Best |
| $10,000 over 5 years | $10,594 | $17,616Best |
| Top 10 Weight | 62.9% | 33.5%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jun 12, 2008 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Jun 13, 2008 to Oct 14, 2026 (18.3 years).
PNQI vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 18.3 years both funds cover.
PNQI vs VTI Performance
Invesco Nasdaq Internet ETF (PNQI) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PNQI returned -4.42% while VTI returned +16.63%. Year to date, PNQI is down 2.06% versus a gain of 13.02% for VTI.
Over three years, PNQI compounded at +18.87% per year against +21.97% for VTI; over five years the annualized figures are +1.16% and +11.99% respectively. Across the full 18-year window we track, PNQI has the edge at +13.79% annualized vs +10.23%.
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 16.0% 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 -50.8% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% for VTI.
Holdings Overlap
85.5% of PNQI's money is in holdings VTI also owns. 21.3% of VTI's money is in holdings PNQI also owns.
Most of PNQI is already inside VTI. Owning both mostly buys the same companies twice.
57 positions in common, counted across the 78 positions we hold weights for in PNQI and 3,441 in VTI, against full books of 160 and 3,524.
What only one of them owns
Our book lists 1,112 positions for VTI that do not appear in our book for PNQI (76.3% of the fund), and 7 for PNQI that do not appear in VTI (3.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in PNQI | Weight in VTI | Difference |
|---|---|---|---|
| AAPLApple, Inc | 8.68% | 6.30% | 2.38% |
| MSFTMicrosoft Corp | 8.40% | 5.11% | 3.29% |
| METAMeta Platforms Inc | 10.48% | 1.70% | 8.78% |
| AMZNAmazon.Com Inc | 7.98% | 3.41% | 4.57% |
| GOOGAlphabet Inc. C | 8.36% | 2.12% | 6.24% |
| DISWalt Disney Co | 3.91% | 0.25% | 3.66% |
| CRMSalesforce Inc Crm Us Equity | 3.76% | 0.27% | 3.49% |
| UBERUber Technologies Inc | 3.71% | 0.21% | 3.50% |
| NFLXNetflix, Inc. | 3.41% | 0.46% | 2.95% |
| BKNGBooking Holdings, Inc. | 3.20% | 0.21% | 2.99% |
85.5% of PNQI is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $57 a year on a $10,000 investment.
Which performed better, PNQI or VTI?
Over the past year PNQI returned -4.42% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (18 years), PNQI annualized +13.79% vs +10.23% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PNQI or VTI?
PNQI has been the more volatile fund at 22.9% annualized versus 16.0% for VTI. Worst drawdown: PNQI -59.7% vs VTI -50.8%.
Should I hold both PNQI and VTI?
PNQI and VTI have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PNQI and VTI?
85.5% of PNQI's money is in holdings VTI also owns. 21.3% of VTI's is in holdings PNQI also owns. They hold 57 positions in common, counted across the 78 positions we hold weights for in PNQI and 3,441 in VTI.
Which pays a higher dividend, PNQI or VTI?
PNQI yields 0.00% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than PNQI?
VTI has a lower expense ratio. PNQI led over the full window, VTI over 1Y, 3Y and 5Y. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 62.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.