Do ISHP and PNQI hold the same stocks?

By their latest filings, 21% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, ISHP or PNQI?

ISHP has 41% of its weight in S&P 500 names and PNQI has 76%, so ISHP differs more from the index.

Which is cheaper, ISHP or PNQI?

ISHP and PNQI both charge 0.60% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

ISHP vs PNQI: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, ISHP returned −6.8% to PNQI's −5.8%; 21% of their weight is in the same names.

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Net assets on Nov 3, 2026: $5.3m for First Trust S-Network E-Commerce ETF and $514m for Invesco NASDAQ Internet ETF.

ISHP on its own →PNQI on its own →

At a glance

40.6%

ISHP in the S&P 500

75.9%

PNQI in the S&P 500

−6.8%

ISHP total return, 1 year

−5.8%

PNQI total return, 1 year

ISHP · 1 year to Nov 4, 2026 59% of its weight is outside the S&P 500

41% of ISHP's weight is in S&P 500 companies and 59% is outside the index. Holdings as of Nov 3, 2026.

PNQI · 1 year to Nov 4, 2026 24% of its weight is outside the S&P 500

76% of PNQI's weight is in S&P 500 companies and 24% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

Both cost 0.60% a year; their one-year returns differ by 1.0 point; PNQI is far larger, $514m against $5.3m.

Points (pts) are percentage points.

ISHP vs PNQI: Holdings Overlap & Returns
Measure	ISHP	PNQI
Return
Measure	ISHP	PNQI
Total return, 1 year	−6.8%	−5.8%
Drawdown
Measure	ISHP	PNQI
Below its all-time high	13.7%, high on Sep 18, 2025	9.3%, high on Sep 19, 2025
Against its benchmark
Measure	ISHP	PNQI
What it tracks	Internet and e-commerce	Internet and e-commerce
Its benchmark, total return, 1 year	+15.0%
Against its benchmark, 1 year	behind by 21.8 pts
Cost and size
Measure	ISHP	PNQI
Expense ratio	0.60%	0.60%
Net assets, as of Nov 3, 2026	$5.3m	$514m
Holdings
Measure	ISHP	PNQI
Holdings in common	21%

Method

What they share

21%

By the books each fund has filed, ISHP and PNQI hold 21% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

21% in common

Positions both hold · largest shared weight first ISHP PNQI

Airbnb, Inc. (Class A) 1.66% 1.92%

Amazon.com, Inc. 1.60% 8.15%

Booking Holdings Inc. 1.58% 3.21%

DoorDash, Inc. (Class A) 1.55% 2.06%

Uber Technologies, Inc. 1.54% 3.72%

MercadoLibre, Inc. 1.45% 2.31%

eBay Inc. 1.72% 1.45%

Alibaba Group Holding Limited (ADR) 1.54% 1.43%

Shopify Inc. (Class A) 1.40% 4.08%

Meta Platforms, Inc. (Class A) 1.39% 9.17%

PayPal Holdings, Inc. 1.72% 1.36%

Expedia Group, Inc. 1.72% 0.90%

Only in one fund ↓

Only in ISHP

Fiserv, Inc. 2.06%

Scout24 SE 1.94%

Global Payments Inc. 1.92%

United Parcel Service, Inc. (Class B) 1.88%

lululemon athletica inc. 1.87%

Allegro.eu SA 1.86%

Autotrader Group Plc 1.84%

JD Health International Inc. 1.84%

Only in PNQI

Apple Inc 8.85%

Microsoft Corp 8.68%

Alphabet Inc 7.01%

Walt Disney Co 4.49%

Salesforce Inc 3.64%

Spotify Technology SA 3.39%

Netflix Inc 3.31%

Adobe Inc 2.69%

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Window by window

Window by window: ISHP vs PNQI: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	ISHP	PNQI	ISHP	PNQI
3 months	+0.4%	+1.8%	+1.7 pts vs ACWI	not measured
6 months	+3.8%	+5.4%	+1.2 pts vs ACWI	not measured
1 year	−6.8%	−5.8%	−21.8 pts vs ACWI	not measured
3 years	+48.4%	+62.5%	−29.2 pts vs ACWI	not measured
Since launchNot the same days: ISHP Oct 2016 · PNQI Jun 2008	+105.0%	+957.1%	−122.5 pts vs ACWI	not measured

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Side by side

ISHP First Trust S-Network E-Commerce ETF · Holds 60 stocks in internet and e-commerce, 41% of its weight in S&P 500 companies PNQI Invesco NASDAQ Internet ETF · Holds 79 stocks in internet and e-commerce, 76% of its weight in S&P 500 companies

Issuer First Trust Invesco

Theme Internet and e-commerce Internet and e-commerce

In the S&P 500 40.6% 75.9%

Active share vs the S&P 500 93.3% 78.9%

In the Nasdaq-100 19.0% 65.4%

Holdings 60 79

Top ten, share of the fund 18.9% 61.2%

Expense ratio 0.60% 0.60%

Fee for the differing part 0.64% 0.76%

Total return, 1 year −6.8% −5.8%

vs its benchmark −21.8 pts vs ACWI not measured

Below its high −13.7% −9.3%

Net assets, as of Nov 3, 2026 $5.3m $514m

As of Nov 4, 2026. Source: ETFIQ.

21% of the two portfolios are the same securities at the same weight.

Alert

About each fund

ISHP

By weight, 41% of ISHP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 19% of the fund across 60 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −6.8% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 21.8 pts. It sits 13.7% below its all-time high of Sep 18, 2025.

PNQI

By weight, 76% 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 61% of the fund across 79 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −5.8% with distributions reinvested. It sits 9.3% below its all-time high of Sep 19, 2025.

Questions people ask

Do ISHP and PNQI hold the same stocks?: By their latest filings, 21% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ISHP or PNQI?: ISHP has 41% of its weight in S&P 500 names and PNQI has 76%, so ISHP differs more from the index.
Which is cheaper, ISHP or PNQI?: ISHP and PNQI both charge 0.60% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

ISHP vs EMQQ ISHP vs ARKW ISHP vs ONLN ISHP vs KWEB PNQI vs FDNI PNQI vs EMQQ PNQI vs ARKW PNQI vs FDN

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →ISHP on its own →PNQI on its own →ISHP dividend history →ISHP holdings →PNQI dividend history →PNQI holdings →Method →Standards and sources →

Sources and dates

ISHP filings on SEC EDGAR ↗

ISHP prospectus with the expense ratio (SEC) ↗

First Trust page for ISHP ↗

PNQI filings on SEC EDGAR ↗

PNQI prospectus with the expense ratio (SEC) ↗

Invesco page for PNQI ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, ISHP against PNQI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ishp-vs-pnqi

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