PNQI vs CTEF

Comparison between INVESCO NASDAQ INTERNET ETF (PNQI, ETF) and CASTELLAN TARGETED EQUITY ETF (CTEF, ETF).

PNQI vs CTEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PNQI(ETF)	CTEF(ETF)
Net Assets	$559M	$559M
Expense Ratio	0.60%	0.45%
Max Drawdown	59.70%	15.00%
Sharpe Ratio	-0.38	2.39
5Y Beta	1.12	1.45
P/E Ratio	26.46	20.83
Forward P/E	21.68	16.54
PEG Ratio	0.45	0.20
5Y EPS CAGR	21.47%	58.88%
Debt to Equity	34.09%	89.80%
P/S Ratio	2.08	2.15
P/B Ratio	5.54	6.63

Net Assets

PNQI

$559M

Winner

CTEF

$559M

Expense Ratio

PNQI

0.60%

Winner

CTEF

0.45%

Max Drawdown

PNQI

59.70%

Winner

CTEF

15.00%

Sharpe Ratio

PNQI

-0.38

Winner

CTEF

2.39

5Y Beta

Winner

PNQI

1.12

CTEF

1.45

P/E Ratio

PNQI

26.46

Winner

CTEF

20.83

Forward P/E

PNQI

21.68

Winner

CTEF

16.54

PEG Ratio

PNQI

0.45

Winner

CTEF

0.20

5Y EPS CAGR

PNQI

21.47%

Winner

CTEF

58.88%

Debt to Equity

Winner

PNQI

34.09%

CTEF

89.80%

P/S Ratio

Winner

PNQI

2.08

CTEF

2.15

P/B Ratio

Winner

PNQI

5.54

CTEF

6.63

PNQI vs CTEF - Holdings Comparison

PNQI and CTEF have 1 common holdings. Overlap is 0.70%

PNQI's top 25 holdings weight is 88.77%. CTEF's top 25 holdings weight is 95.88%.

Rank	PNQI	CTEF
#1	ALPHABET INC CLASS C (GOOG) - 9.75%	MICRON TECHNOLOGY INC (MU) - 9.53%
#2	AMAZON.COM INC (AMZN) - 9.74%	WESTERN DIGITAL CORP (WDC) - 7.17%
#3	APPLE INC (AAPL) - 8.93%	JABIL INC (JBL) - 6.66%
#4	MICROSOFT CORP (MSFT) - 8.39%	LAM RESEARCH CORP (LRCX) - 6.54%
#5	META PLATFORMS INC CLASS A (META) - 7.34%	MODINE MANUFACTURING CO (MOD) - 6.25%
#6	UBER TECHNOLOGIES INC (UBER) - 3.88%	COMFORT SYSTEMS USA INC (FIX) - 5.98%
#7	THE WALT DISNEY CO (DIS) - 3.81%	DECKERS OUTDOOR CORP (DECK) - 4.60%
#8	NETFLIX INC (NFLX) - 3.66%	NVIDIA CORP (NVDA) - 4.36%
#9	BOOKING HOLDINGS INC (BKNG) - 3.42%	DAVE INC ORDINARY SHARES CLASS A (DAVE) - 4.32%
#10	n/a (SHOP) - 3.30%	VIRTU FINANCIAL INC CLASS A (VIRT) - 4.23%
#11	SALESFORCE INC (CRM) - 3.17%	TAPESTRY INC (TPR) - 4.23%
#12	INTUIT INC (INTU) - 3.09%	BLUE BIRD CORP (BLBD) - 4.17%
#13	ADOBE INC (ADBE) - 2.90%	BREAD FINANCIAL HOLDINGS INC (BFH) - 4.15%
#14	SPOTIFY TECHNOLOGY SA (SPOT) - 2.54%	AFFILIATED MANAGERS GROUP INC (AMG) - 3.79%
#15	MERCADOLIBRE INC (MELI) - 2.26%	PALOMAR HOLDINGS INC (PLMR) - 3.66%
#16	ALIBABA GROUP HOLDING LTD ADR (BABA) - 2.01%	FRONTDOOR INC (FTDR) - 3.59%
#17	DOORDASH INC ORDINARY SHARES CLASS A (DASH) - 1.77%	EXPEDIA GROUP INC (EXPE) - 3.36%
#18	AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 1.55%	TENET HEALTHCARE CORP (THC) - 3.31%
#19	EBAY INC (EBAY) - 1.43%	MCKESSON CORP (MCK) - 3.14%
#20	n/a (COIN) - 1.21%	APPLOVIN CORP ORDINARY SHARES CLASS A (APP) - 2.84%
#21	PAYPAL HOLDINGS INC (PYPL) - 1.13%	N/A
#22	SEA LTD ADR (SE) - 1.06%	N/A
#23	TWILIO INC CLASS A (TWLO) - 0.83%	N/A
#24	ROBLOX CORP ORDINARY SHARES CLASS A (RBLX) - 0.82%	N/A
#25	VERISIGN INC (VRSN) - 0.78%	N/A
Total Holdings	79	20

PNQI vs CTEF - Historical Returns

Returns include dividend reinvestment.

Period	PNQI	CTEF
1 month	-2.72%	+4.97%
3 months	-2.19%	+15.77%
6 months	-13.74%	+26.08%
1 year	-5.16%	+67.32%
5 years(CAGR)	-0.17%	N/A
10 years(CAGR)	+11.59%	N/A
Max(CAGR)	+13.44%	+70.60%

PNQI

-2.72%

Winner

CTEF

+4.97%

PNQI

-2.19%

Winner

CTEF

+15.77%

PNQI

-13.74%

Winner

CTEF

+26.08%

PNQI

-5.16%

Winner

CTEF

+67.32%

5Y(CAGR)

PNQI

-0.17%

CTEF

N/A

10Y(CAGR)

PNQI

+11.59%

CTEF

N/A

Max(CAGR)

PNQI

+13.44%

Winner

CTEF

+70.60%

PNQI vs CTEF - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	PNQI	CTEF
2026	-11.52%	+23.04%
2025	+15.27%	+33.22%
2024	+32.77%	N/A
2023	+58.04%	N/A
2022	-48.18%	N/A
2021	-4.36%	N/A
2020	+56.54%	N/A
2019	+27.88%	N/A
2018	-7.11%	N/A
2017	+38.28%	N/A
2016	+6.92%	N/A
2015	+19.71%	N/A
2014	-0.94%	N/A
2013	+60.84%	N/A
2012	+17.08%	N/A
2011	-1.81%	N/A
2010	+32.20%	N/A
2009	+88.03%	N/A
2008	-43.92%	N/A

PNQI vs CTEF Drawdown Comparison

The maximum drawdown for PNQI was -59.70%, occurring on Nov 9, 2022. Recovery took 1110 trading sessions.

The maximum drawdown for CTEF was -15.00%, occurring on Mar 30, 2026. Recovery took 33 trading sessions.

The current PNQI drawdown is -17.22%. The current CTEF drawdown is -3.30%.

Rank	PNQI	CTEF
#1	-59.70% Feb 16, 2021 - Jul 18, 2025	-15.00% Feb 25, 2026 - Apr 14, 2026
#2	-58.58% Jun 17, 2008 - Nov 16, 2009	-6.99% Nov 10, 2025 - Dec 10, 2025
#3	-29.90% Jun 20, 2018 - Jan 8, 2020	-5.33% Oct 1, 2025 - Oct 24, 2025
#4	-28.86% Feb 19, 2020 - May 18, 2020	-4.97% May 14, 2026 - May 26, 2026
#5	-26.08% Apr 29, 2011 - Mar 26, 2012	-4.01% Dec 11, 2025 - Dec 22, 2025
#6	-24.85% Sep 19, 2025 - Mar 27, 2026	-3.39% Jan 29, 2026 - Feb 6, 2026
#7	-24.18% Dec 4, 2015 - Aug 9, 2016	-3.30% Jun 2, 2026 - Jun 5, 2026
#8	-20.83% Mar 6, 2014 - Apr 24, 2015	-2.49% Dec 24, 2025 - Jan 5, 2026
#9	-15.22% Apr 15, 2010 - Sep 3, 2010	-2.27% Sep 22, 2025 - Sep 30, 2025
#10	-15.11% Jul 21, 2015 - Oct 30, 2015	-2.23% Apr 20, 2026 - May 1, 2026
#11	-13.24% Mar 27, 2012 - Sep 19, 2012	-2.05% Oct 27, 2025 - Nov 10, 2025
#12	-11.43% Sep 1, 2020 - Nov 5, 2020	-2.04% Jan 6, 2026 - Jan 21, 2026
#13	-11.43% Mar 12, 2018 - Jun 5, 2018	-1.85% Aug 28, 2025 - Sep 4, 2025
#14	-10.93% Oct 4, 2012 - Jan 2, 2013	-1.79% Feb 18, 2026 - Feb 25, 2026
#15	-9.72% Jan 5, 2010 - Mar 5, 2010	-1.61% Feb 11, 2026 - Feb 18, 2026

Correlation

Correlation between PNQI and CTEF is -0.57 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.57

-101