POWERSHARES NASDAQ INTERNET: (NASD: PNQI)
May 17 03:09 PM ET
BENCHMARK for PNQI
This Index is a modified market-capitalization weighted index designed to track the performance of the largest & most liquid U.S.-listed companies engaged in internet-related businesses & that are listed on one of the three major U.S. stock exchanges.
FUND SUMMARY FOR PNQI
POWERSHARES NASDAQ INTERNET
It is based on the NASDAQ Internet Index. It invests at least 90% of its assets in common stocks comprising the Index which tracks the performance of the largest & most liquid US-listed companies engaged in internet-related businesses & that are listed on 1 of the major US stock exchanges. The Index uses a modified market capitalization-weighted methodology.
Zacks ETF Rank : PNQI
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.