IGPT
Invesco AI and Next Gen Software ETF
The Invesco Dynamic Software Portfolio ETF uses a quantitative model to choose US software companies across the market cap spectrum.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.1 B
ASSETS UNDER MGMT
57 bp
EXPENSES
Fund Basics
| Inception date | Jun 23, 2005 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ADVANCED MICRO DEVICES | 9.0 % |
| META PLATFORMS INC | 8.6 % |
| NVIDIA CORP | 8.4 % |
| MICRON TECHNOLOGY INC | 8.1 % |
| ALPHABET INC. CLASS A | 7.6 % |
| SK HYNIX INC | 3.8 % |
| MEDIATEK INC | 3.5 % |
| INTEL CORP | 3.3 % |
| MARVELL TECHNOLOGY, INC. | 3.0 % |
| SANDISK CORP | 3.0 % |
Constituent Breakdown
| Number of holdings | 112 |
| Herfindahl-Hirschman Index | 908 |
| Wgt avg mkt cap (mns) | $1,241,271 |
| Large cap (>$10bn) | 94.7% |
| Mid cap ($2-10bn) | 2.9% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 95.0% |
| Emerging mkts. | 11.6% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 80.3 % |
 |
TAIWAN | 5.5 % |
 |
SOUTH KOREA | 3.8 % |
 |
IRELAND | 2.6 % |
 |
JAPAN | 2.4 % |
 |
BRITAIN | 0.8 % |
 |
CHINA | 0.7 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 71.0% | 88.2% | 49.5% | 46.4% | 16.2% | 20.2% | 15.1% | 15.2% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 1.7% | 0.9% | 0.5% | 0.4% |
| Total Returns | 71.0% | 88.2% | 49.5% | 46.4% | 18.0% | 21.1% | 15.6% | 15.6% | Ann. Volatility | 41.5% | 38.5% | 33.8% | 30.8% | 30.0% | 27.6% | 25.0% | 24.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.33 | 61% |
| MSCI EAFE | 1.58 | 42% |
| MSCI Emg Mkts | 1.35 | 78% |
Liquidity Measures
| Avg. volume (000) | 172 |
| ADV traded (mns) | $13 |
| Turnover | 1.2% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $92.28 |
| Relative strength (RSI) | 39 |
| MACD/Signal | -3.51/-2.45 |
| Bollinger Bands (Upper/Lower) | $103.38/$80.33 |
| Short interest (% of AUM) | 0.5% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IGPT |
Expenses vs. IGPT |
ALTAR Score™ vs. IGPT |
|---|---|---|---|---|
| TRFK | Pacer Data and Digital Revolution ETF | 45.1% | -8 bp | -0.5% |
| CHPX | Global X AI Semiconductor & Quantum ETF | 44.8% | -7 bp | +0.2% |
| FAI | First Trust Bloomberg Artificial Intelligence ETF | 41.9% | +9 bp | +0.3% |
| AOTG | AOT Growth and Innovation ETF | 35.4% | +18 bp | -1.0% |
| GGME | Invesco Next Gen Media and Gaming ETF | 34.9% | +9 bp | +0.5% |
| AIX | Defiance US 100 Tech AI Moat ETF | 34.7% | +8 bp | -2.0% |
| CHPS | Xtrackers Semiconductor Select Equity ETF | 34.5% | -42 bp | +0.5% |
| CHAT | Roundhill Generative AI & Technology ETF | 34.2% | +18 bp | -1.3% |
| SOXX | iShares Semiconductor ETF | 34.0% | -24 bp | +8.2% |
| SHOC | Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF | 33.4% | -17 bp | -0.7% |
Risk and Returns: IGPT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/5/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.4%
ALTAR SCORE™
44th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. IGPT's ALTAR Score™ is approximately -0.2 standard
deviations above the category average. This places IGPT in the 44th percentile
among funds in the category.
Sell-Side Consensus
$120.78
PRICE TARGET
+65.5%
UPSIDE