VGM vs PNQI

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

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

VGM vs PNQI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

VGM

$561M

PNQI

$559M

Expense Ratio

VGM

N/A

PNQI

0.60%

Max Drawdown

Winner

VGM

56.97%

PNQI

59.70%

Sharpe Ratio

Winner

VGM

0.90

PNQI

-0.38

5Y Beta

Winner

VGM

0.21

PNQI

1.12

P/E Ratio

VGM

N/A

PNQI

26.46

Forward P/E

VGM

N/A

PNQI

21.68

PEG Ratio

VGM

N/A

PNQI

0.45

5Y Dividends CAGR

VGM

4.04%

PNQI

N/A

5Y EPS CAGR

VGM

N/A

PNQI

21.47%

Debt to Equity

VGM

N/A

PNQI

34.09%

P/S Ratio

VGM

N/A

PNQI

2.08

P/B Ratio

VGM

N/A

PNQI

5.54

VGM vs PNQI - Historical Returns

Returns include dividend reinvestment.

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

Winner

VGM

-2.20%

PNQI

-2.72%

Winner

VGM

-1.45%

PNQI

-2.19%

Winner

VGM

+0.59%

PNQI

-13.74%

Winner

VGM

+13.27%

PNQI

-5.16%

5Y(CAGR)

VGM

-0.67%

Winner

PNQI

-0.17%

10Y(CAGR)

VGM

+1.98%

Winner

PNQI

+11.59%

Max(CAGR)

VGM

+5.22%

Winner

PNQI

+13.44%

VGM vs PNQI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

VGM vs PNQI Drawdown Comparison

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

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

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

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

Correlation

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

0.89

-101

Dividend Comparison (2000 - 2026)

VGM vs PNQI dividend yield comparison.

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