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Data as of .

IBUY vs PNQI: which is really different?

IBUY and PNQI hold 24% of their weight in the same names, and PNQI returned more over the year.

Amplify Online Retail ETF and Invesco NASDAQ Internet ETF.

30.7%IBUY in the S&P 500
75.2%PNQI in the S&P 500
−13.9%IBUY total return, 1 year
−10.8%PNQI total return, 1 year

ETFIQ Off-Index Score: IBUY scores higher

How much of it is not the index it is sold as an alternative to?

IBUY 31.3PNQI 9.40.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

IBUY69% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
31%69%in the S&P 500of its weight outside the S&P 500active share 95% · top ten 29% of the fund · 85 holdings filed Sep 21, 2026 · Nasdaq-100: 19% in31%69%inoutside the S&P 500active share 95% · top ten 29% of the fund
PNQI25% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
75%25%of its weight in S&P 500 companiesoutside the S&P 500active share 79% · top ten 60% of the fund · 79 holdings filed Sep 19, 2026 · Nasdaq-100: 64% in75%25%in the S&P 500outsideactive share 79% · top ten 60% of the fund

24% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, IBUY and PNQI hold 24% of their money in the same securities at the same weight.

Positions IBUY and PNQI both hold, largest shared weight first
HoldingIBUYPNQI
Spotify Technology SA2.90%2.96%
Booking Holdings Inc2.41%3.68%
DoorDash Inc2.78%2.24%
Amazon.com Inc2.23%7.29%
Uber Technologies Inc2.15%3.89%
Airbnb Inc2.87%1.96%
eBay Inc2.50%1.40%
PayPal Holdings Inc2.74%1.31%
Expedia Group Inc2.74%0.90%
Shopify Inc0.88%4.21%
Sea Ltd0.82%1.26%
Apple Inc0.70%8.38%
Only in each
Only in IBUYOnly in PNQI
MSC Industrial Direct Co Inc 2.81%Microsoft Corp 8.53%
Liquidity Services Inc 2.79%Meta Platforms Inc 8.19%
Maplebear Inc 2.73%Alphabet Inc 7.11%
Affirm Holdings Inc 2.63%Salesforce Inc 4.85%
Hims & Hers Health Inc 2.52%Walt Disney Co/The 3.92%
Revolve Group Inc 2.47%Netflix Inc 3.24%
Peloton Interactive Inc 2.31%Adobe Inc 2.84%
Figs Inc 2.18%Intuit Inc 2.34%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 19, 2026 and Sep 21, 2026.

Performance, window by window

IBUY and PNQI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
IBUYPNQIIBUYPNQIIBUYPNQI
3 months−1.5%+10.1%−3.7 pts+7.9 pts+1.0 pts+12.6 pts
6 months+10.9%+12.0%−7.1 pts−6.0 pts−13.3 pts−12.2 pts
1 year−13.9%−10.8%−30.5 pts−27.4 pts−35.7 pts−32.6 pts
3 years+48.7%+59.2%−29.7 pts−19.2 pts−49.4 pts−39.0 pts
Since launch+170.0%+865.0%−159.2 pts+61.5 pts−431.6 pts−825.2 pts
Open the live comparison on ETFIQ
IBUY and PNQI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
IBUY
Amplify Online Retail ETF
Holds 85 stocks in internet and e-commerce, 31% of its weight in S&P 500 companies
PNQI
Invesco NASDAQ Internet ETF
Holds 79 stocks in internet and e-commerce, 75% of its weight in S&P 500 companies
IssuerAmplifyInvesco
ThemeInternet and e-commerceInternet and e-commerce
In the S&P 50030.7%75.2%
Active share vs the S&P 50094.8%78.8%
In the Nasdaq-10018.5%63.9%
Holdings8579
Top ten, share of the fund28.8%60.0%
Expense ratio0.65%0.60%
Fee for the differing part0.69%0.76%
Total return, 1 year−13.9%−10.8%
vs the S&P 500−30.5 pts−27.4 pts
vs the Nasdaq-100−35.7 pts−32.6 pts
Below its high−51.3%−11.4%
Net assets$121m$524m

IBUY in plain words

By weight, 31% of IBUY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 29% of the fund across 85 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned −13.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 30.5 pts. It sits 51.3% below its all-time high of Feb 12, 2021.

PNQI in plain words

By weight, 75% of PNQI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 79%. The top ten holdings are 60% of the fund across 79 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned −10.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 27.4 pts. It sits 11.4% below its all-time high of Sep 19, 2025.

Questions people ask

Do IBUY and PNQI hold the same stocks?
By their latest filings, 24% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, IBUY or PNQI?
IBUY has 31% of its weight in S&P 500 names and PNQI has 75%, so IBUY differs more from the index.
Which is cheaper, IBUY or PNQI?
IBUY charges 0.65% a year and PNQI charges 0.60%, so PNQI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

IBUY against PNQI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IBUY against PNQI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ibuy-vs-pnqi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources