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
$ 1.0 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 +
| MICRON TECHNOLOGY INC | 20.9 % |
| ADVANCED MICRO DEVICES | 14.3 % |
| ALPHABET INC. CLASS A | 8.1 % |
| INTEL CORP | 6.7 % |
| HYNIX SEMICONDUCTOR INC | 5.7 % |
| NVIDIA CORP | 5.4 % |
| WESTERN DIGITAL CORP | 4.3 % |
| SEAGATE TECHNOLOGY HOLDINGS PLC | 3.7 % |
| MEDIATEK INC | 3.7 % |
| META PLATFORMS INC | 3.5 % |
Constituent Breakdown
| Number of holdings | 102 |
| Herfindahl-Hirschman Index | 908 |
| Wgt avg mkt cap (mns) | $1,135,254 |
| Large cap (>$10bn) | 104.4% |
| Mid cap ($2-10bn) | 2.0% |
| Small cap (<$2bn) | 0.1% |
| Developed mkts. | 95.0% |
| Emerging mkts. | 11.6% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 86.9 % |
 |
SOUTH KOREA | 5.7 % |
 |
TAIWAN | 5.2 % |
 |
IRELAND | 3.7 % |
 |
JAPAN | 2.2 % |
 |
BRITAIN | 1.3 % |
 |
CHINA | 0.7 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 45.8% | 71.1% | 39.1% | 32.5% | 10.4% | 18.7% | 14.7% | 14.4% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 1.7% | 0.9% | 0.5% | 0.4% |
| Total Returns | 45.8% | 71.2% | 39.2% | 32.5% | 12.1% | 19.6% | 15.2% | 14.8% | Ann. Volatility | 44.0% | 36.9% | 33.6% | 30.3% | 29.5% | 27.3% | 24.9% | 24.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.25 | 61% |
| MSCI EAFE | 1.54 | 43% |
| MSCI Emg Mkts | 1.33 | 77% |
Liquidity Measures
| Avg. volume (000) | 228 |
| ADV traded (mns) | $21 |
| Turnover | 2.1% |
| Avg. Bid/Ask (% of price) | 0.16% |
Technical Indicators
| 30d moving avg. (EMA) | $91.81 |
| Relative strength (RSI) | 47 |
| MACD/Signal | -3.01/-2.20 |
| Bollinger Bands (Upper/Lower) | $101.33/$81.81 |
| 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 |
|---|---|---|---|---|
| CHPS | Xtrackers Semiconductor Select Equity ETF | 50.6% | -45 bp | -0.1% |
| CHPX | Global X AI Semiconductor & Quantum ETF | 44.9% | -10 bp | -1.1% |
| AOTG | AOT Growth and Innovation ETF | 37.1% | +15 bp | -0.9% |
| SOXQ | Invesco PHLX Semiconductor ETF | 37.1% | -41 bp | -1.0% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 36.9% | -11 bp | +1.8% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 36.8% | +8 bp | +0.1% |
| FTXL | First Trust Nasdaq Semiconductor ETF | 36.8% | 0 bp | -1.1% |
| SPMO | Invesco S&P 500 Momentum ETF | 34.4% | -47 bp | +0.3% |
| BAI | iShares AI Innovation and Tech Active ETF | 32.7% | -5 bp | -1.8% |
| SOXX | iShares Semiconductor ETF | 32.3% | -25 bp | -1.0% |
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 8/9/2026
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
3.3%
ALTAR SCORE™
17th
PERCENTILE
AVOID
ETFRC RATING
There are 1,402 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. IGPT's ALTAR Score™ is approximately -1.0 standard
deviations above the category average. This places IGPT in the 17th percentile
among funds in the category.
Sell-Side Consensus
$111.01
PRICE TARGET
+21.4%
UPSIDE