Data as of .
OGIG vs PNQI: which is really different?
OGIG and PNQI hold 42% of their weight in the same names, and PNQI returned more over the year.
ETFIQ Off-Index Score: OGIG scores higher
How much of it is not the index it is sold as an alternative to?
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
42% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, OGIG and PNQI hold 42% of their money in the same securities at the same weight.
| Holding | OGIG | PNQI |
|---|---|---|
| Amazon.com Inc | 6.94% | 7.29% |
| Alphabet Inc | 6.73% | 7.11% |
| Microsoft Corp | 6.03% | 8.53% |
| Meta Platforms Inc | 5.33% | 8.19% |
| Shopify Inc | 1.96% | 4.21% |
| Mercadolibre Inc | 1.93% | 2.56% |
| Doordash Inc | 1.71% | 2.24% |
| Netflix Inc | 1.45% | 3.24% |
| Uber Technologies Inc | 1.03% | 3.89% |
| Alibaba Group Holding Ltd | 1.01% | 1.65% |
| Spotify Technology Sa | 0.96% | 2.96% |
| Salesforce Inc | 0.94% | 4.85% |
| Only in OGIG | Only in PNQI |
|---|---|
| Oracle Corp 5.41% | Apple Inc 8.38% |
| Palantir Technologies Inc 3.62% | Walt Disney Co/The 3.92% |
| Applovin Corp 3.31% | eBay Inc 1.40% |
| Crowdstrike Holdings Inc 2.95% | PayPal Holdings Inc 1.31% |
| Palo Alto Networks Inc 2.70% | Sea Ltd 1.26% |
| Datadog Inc 2.38% | Coinbase Global Inc 1.22% |
| Snowflake Inc 2.35% | Twilio Inc 1.04% |
| Rubrik Inc 2.20% | Expedia Group Inc 0.90% |
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 May 31, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| OGIG | PNQI | OGIG | PNQI | OGIG | PNQI | |
| 3 months | +11.0% | +10.1% | +8.8 pts | +7.9 pts | +13.5 pts | +12.6 pts |
| 6 months | +18.0% | +12.0% | 0.0 pts | −6.0 pts | −6.2 pts | −12.2 pts |
| 1 year | −15.6% | −10.8% | −32.2 pts | −27.4 pts | −37.4 pts | −32.6 pts |
| 3 years | +55.6% | +59.2% | −22.8 pts | −19.2 pts | −42.6 pts | −39.0 pts |
| Since launch | +95.5% | +865.0% | −119.7 pts | +61.5 pts | −240.3 pts | −825.2 pts |
| OGIG ALPS | O'Shares Global Internet Giants ETF Shares Holds 54 stocks in internet and e-commerce, 62% 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 | |
|---|---|---|
| Issuer | ALPS | Invesco |
| Theme | Internet and e-commerce | Internet and e-commerce |
| In the S&P 500 | 61.8% | 75.2% |
| Active share vs the S&P 500 | 82.9% | 78.8% |
| In the Nasdaq-100 | 56.5% | 63.9% |
| Holdings | 54 | 79 |
| Top ten, share of the fund | 45.4% | 60.0% |
| Expense ratio | 0.48% | 0.60% |
| Fee for the differing part | 0.58% | 0.76% |
| Total return, 1 year | −15.6% | −10.8% |
| vs the S&P 500 | −32.2 pts | −27.4 pts |
| vs the Nasdaq-100 | −37.4 pts | −32.6 pts |
| Below its high | −22.5% | −11.4% |
| Net assets | $115m | $524m |
OGIG in plain words
By weight, 62% of OGIG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 45% of the fund across 54 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −15.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 32.2 pts. It sits 22.5% 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 OGIG and PNQI hold the same stocks?
- By their latest filings, 42% 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, OGIG or PNQI?
- OGIG has 62% of its weight in S&P 500 names and PNQI has 75%, so OGIG differs more from the index.
- Which is cheaper, OGIG or PNQI?
- OGIG charges 0.48% a year and PNQI charges 0.60%, so OGIG 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.
Cite this page. ETFIQ, OGIG against PNQI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ogig-vs-pnqi Free to use with attribution; the underlying files are at Open data.