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
60 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 +
| NVIDIA CORP | 8.1 % |
| ALPHABET INC. CLASS A | 7.8 % |
| ADVANCED MICRO DEVICES | 7.4 % |
| META PLATFORMS INC | 7.2 % |
| MICRON TECHNOLOGY INC | 5.8 % |
| INTUITIVE SURGICAL INC | 4.5 % |
| QUALCOMM INC | 4.3 % |
| HYNIX SEMICONDUCTOR INC | 4.1 % |
| ADOBE SYSTEMS INC | 4.1 % |
| INTEL CORP | 3.1 % |
Constituent Breakdown
| Number of holdings | 88 |
| Herfindahl-Hirschman Index | 402 |
| Wgt avg mkt cap (mns) | $887,533 |
| Large cap (>$10bn) | 91.6% |
| Mid cap ($2-10bn) | 3.9% |
| Small cap (<$2bn) | 0.1% |
| Developed mkts. | 88.1% |
| Emerging mkts. | 8.4% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 80.5 % |
 |
SOUTH KOREA | 4.2 % |
 |
TAIWAN | 3.4 % |
 |
JAPAN | 2.9 % |
 |
IRELAND | 1.5 % |
 |
BRITAIN | 1.0 % |
 |
CHINA | 0.9 % |
 |
FRANCE | 0.7 % |
 |
SWEDEN | 0.6 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 67.6% | 123.0% | 49.0% | 42.1% | 13.5% | 21.1% | 15.4% | 15.3% |
| Dividend Yield | 0.0% | 0.1% | 0.0% | 0.0% | 1.7% | 0.9% | 0.5% | 0.4% |
| Total Returns | 67.6% | 123.1% | 49.1% | 42.1% | 15.2% | 22.0% | 15.9% | 15.7% | Ann. Volatility | 35.9% | 28.5% | 29.9% | 27.2% | 27.7% | 26.3% | 24.4% | 24.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.94 | 64% |
| MSCI EAFE | 1.23 | 42% |
| MSCI Emg Mkts | 1.20 | 70% |
Liquidity Measures
| Avg. volume (000) | 210 |
| ADV traded (mns) | $21 |
| Turnover | 2.0% |
| Avg. Bid/Ask (% of price) | 0.22% |
Technical Indicators
| 30d moving avg. (EMA) | $85.56 |
| Relative strength (RSI) | 74 |
| MACD/Signal | 6.22/5.78 |
| Bollinger Bands (Upper/Lower) | $101.21/$78.60 |
| Short interest (% of AUM) | 0.3% |
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 |
|---|---|---|---|---|
| AGIX | KraneShares Artificial Intelligence and Technology ETF | 47.8% | +39 bp | -1.2% |
| CHPX | Global X AI Semiconductor & Quantum ETF | 39.2% | -10 bp | -1.0% |
| FMET | Fidelity Metaverse ETF | 37.0% | -21 bp | +1.9% |
| IYW | iShares U.S. Technology ETF | 36.0% | -20 bp | +0.7% |
| GGME | Invesco Next Gen Media and Gaming ETF | 35.4% | 0 bp | +2.3% |
| IGM | iShares Expanded Tech Sector ETF | 34.6% | -19 bp | +0.3% |
| SMH | VanEck Semiconductor ETF | 33.8% | -25 bp | -0.6% |
| TECB | iShares U.S. Tech Breakthrough Multisector ETF | 33.7% | -20 bp | +0.3% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 33.1% | +8 bp | +0.2% |
| QTOP | iShares Nasdaq Top 30 Stocks ETF | 32.5% | -40 bp | +0.5% |
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 6/3/2026
Peer Group Comparison
Sample data. Subscribe for access.
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
2.7%
ALTAR SCORE™
12nd
PERCENTILE
AVOID
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. IGPT's ALTAR Score™ is approximately -1.2 standard
deviations above the category average. This places IGPT in the 12nd percentile
among funds in the category.
Sell-Side Consensus
$111.25
PRICE TARGET
+8.9%
UPSIDE