PNQI vs VGM

Comparison between INVESCO NASDAQ INTERNET ETF (PNQI, ETF) and Invesco Trust for Investment Grade Municipals (VGM, ETF).

5-Year PerformancePNQI has outperformed VGM, delivering a return of -0.2% compared to -0.7%

PNQI vs VGM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PNQI(ETF)	VGM(ETF)
Net Assets	$559M	$561M
Expense Ratio	0.60%	N/A
Max Drawdown	59.70%	56.97%
Sharpe Ratio	-0.38	0.90
5Y Beta	1.12	0.21
P/E Ratio	26.46	N/A
Forward P/E	21.68	N/A
PEG Ratio	0.45	N/A
5Y Dividends CAGR	N/A	4.04%
5Y EPS CAGR	21.47%	N/A
Debt to Equity	34.09%	N/A
P/S Ratio	2.08	N/A
P/B Ratio	5.54	N/A

Net Assets

PNQI

$559M

Winner

VGM

$561M

Expense Ratio

PNQI

0.60%

VGM

N/A

Max Drawdown

PNQI

59.70%

Winner

VGM

56.97%

Sharpe Ratio

PNQI

-0.38

Winner

VGM

0.90

5Y Beta

PNQI

1.12

Winner

VGM

0.21

P/E Ratio

PNQI

26.46

VGM

N/A

Forward P/E

PNQI

21.68

VGM

N/A

PEG Ratio

PNQI

0.45

VGM

N/A

5Y Dividends CAGR

PNQI

N/A

VGM

4.04%

5Y EPS CAGR

PNQI

21.47%

VGM

N/A

Debt to Equity

PNQI

34.09%

VGM

N/A

P/S Ratio

PNQI

2.08

VGM

N/A

P/B Ratio

PNQI

5.54

VGM

N/A

PNQI vs VGM - Historical Returns

Returns include dividend reinvestment.

Period	PNQI	VGM
1 month	-2.72%	-2.20%
3 months	-2.19%	-1.45%
6 months	-13.74%	+0.59%
1 year	-5.16%	+13.27%
5 years(CAGR)	-0.17%	-0.67%
10 years(CAGR)	+11.59%	+1.98%
Max(CAGR)	+13.44%	+5.22%

PNQI

-2.72%

Winner

VGM

-2.20%

PNQI

-2.19%

Winner

VGM

-1.45%

PNQI

-13.74%

Winner

VGM

+0.59%

PNQI

-5.16%

Winner

VGM

+13.27%

5Y(CAGR)

Winner

PNQI

-0.17%

VGM

-0.67%

10Y(CAGR)

Winner

PNQI

+11.59%

VGM

+1.98%

Max(CAGR)

Winner

PNQI

+13.44%

VGM

+5.22%

PNQI vs VGM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PNQI	VGM
2026	-11.52%	-0.61%
2025	+15.27%	+10.26%
2024	+32.77%	+9.33%
2023	+58.04%	+4.12%
2022	-48.18%	-24.02%
2021	-4.36%	+11.38%
2020	+56.54%	+7.57%
2019	+27.88%	+15.89%
2018	-7.11%	-7.78%
2017	+38.28%	+9.59%
2016	+6.92%	+0.84%
2015	+19.71%	+6.74%
2014	-0.94%	+16.53%
2013	+60.84%	-16.11%
2012	+17.08%	+9.31%
2011	-1.81%	+21.70%
2010	+32.20%	+3.53%
2009	+88.03%	+55.64%
2008	-43.92%	-32.30%
2007	N/A	-6.33%
2006	N/A	+11.93%
2005	N/A	+4.42%
2004	N/A	+1.63%
2003	N/A	+7.57%
2002	N/A	+16.03%
2001	N/A	+8.58%
2000	N/A	+10.93%
1999	N/A	-6.34%

PNQI vs VGM Drawdown Comparison

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

The maximum drawdown for VGM was -49.32%, occurring on Dec 16, 2008. Recovery took 581 trading sessions.

The current PNQI drawdown is -17.22%. The current VGM drawdown is -6.87%.

Rank	PNQI	VGM
#1	-59.70% Feb 16, 2021 - Jul 18, 2025	-49.32% May 16, 2007 - Sep 3, 2009
#2	-58.58% Jun 17, 2008 - Nov 16, 2009	-36.59% Sep 22, 2021 - Oct 25, 2023
#3	-29.90% Jun 20, 2018 - Jan 8, 2020	-24.75% Feb 11, 2020 - Nov 30, 2020
#4	-28.86% Feb 19, 2020 - May 18, 2020	-23.11% Jan 25, 2013 - Feb 2, 2015
#5	-26.08% Apr 29, 2011 - Mar 26, 2012	-17.26% Nov 5, 2010 - Sep 7, 2011
#6	-24.85% Sep 19, 2025 - Mar 27, 2026	-15.75% Mar 11, 2004 - Aug 25, 2005
#7	-24.18% Dec 4, 2015 - Aug 9, 2016	-15.16% Jul 8, 2016 - Jun 28, 2019
#8	-20.83% Mar 6, 2014 - Apr 24, 2015	-12.53% Nov 5, 1999 - Aug 21, 2000
#9	-15.22% Apr 15, 2010 - Sep 3, 2010	-10.76% Oct 6, 2009 - Mar 8, 2010
#10	-15.11% Jul 21, 2015 - Oct 30, 2015	-10.20% Jun 16, 2003 - Jan 14, 2004
#11	-13.24% Mar 27, 2012 - Sep 19, 2012	-9.87% Sep 30, 2002 - Apr 10, 2003
#12	-11.43% Sep 1, 2020 - Nov 5, 2020	-7.48% Feb 2, 2015 - Nov 23, 2015
#13	-11.43% Mar 12, 2018 - Jun 5, 2018	-7.01% Nov 13, 2001 - Jan 18, 2002
#14	-10.93% Oct 4, 2012 - Jan 2, 2013	-6.40% Sep 27, 2012 - Jan 25, 2013
#15	-9.72% Jan 5, 2010 - Mar 5, 2010	-6.33% Aug 21, 2000 - Dec 28, 2000

Correlation

Correlation between PNQI and VGM is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2000 - 2026)

PNQI vs VGM dividend yield comparison.

Year	PNQI	VGM
2026	0.00%	3.22%
2025	0.02%	7.48%
2024	0.00%	6.35%
2023	0.00%	4.42%
2022	0.00%	5.67%
2021	0.00%	4.65%
2020	0.00%	4.65%
2019	0.00%	4.82%
2018	0.00%	5.97%
2017	0.02%	5.79%
2016	0.00%	6.50%
2015	0.00%	6.62%
2014	0.00%	6.64%
2013	0.00%	7.68%
2012	0.05%	6.91%
2011	0.00%	7.05%
2010	0.00%	7.91%
2009	0.00%	6.61%
2008	0.09%	9.50%
2007	0.00%	5.80%
2006	0.00%	5.33%
2005	0.00%	7.95%
2004	0.00%	6.67%
2003	0.00%	7.36%
2002	0.00%	8.71%
2001	0.00%	7.55%
2000	0.00%	2.67%