Invesco AI and Next Gen Software ETF
$102.68−1.45 (−1.39%)
- Expense ratio
- 0.57%
- Fund size
- $1.4B
- 1Y return
- +89.3%
- Yield · Last 12 months
- 0.00%
- Holdings
- 101
- Volume · 30D
- 0.2M sh
- NAV per share
- $102.65
- 52W range
The ETF.net IGPT Grade
Score 67 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 79Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 55Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 72Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 35Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 88Category rank
Our read on IGPT
BThe AI aisle's old-timer with a new name. Invesco launched this as a software fund in 2005, then rewired it in 2023 into a global AI and next-gen software index of roughly 100 stocks, priced below the thematic median.
The fund provides exposure to global companies associated with next-generation artificial intelligence and software themes.
Why people hold it
- Costs 0.56% a year against a 0.68% median for its AI thematic group. In a corner of the market that likes to charge for the buzzword, that gap matters.
- Global by mandate. It tracks the STOXX World AC NexGen Software Development Index, so AI and software names listed outside the US are in scope, not just the US megacaps.invesco.com
- Real infrastructure behind it: an Invesco fund dating to 2005, a multi-billion-dollar asset base and moderate day-to-day volume.
- Lands in the upper half of the AI thematic funds we cover, helped by the low fee and the broad global reach.
Worth knowing
- The AI identity starts in 2023, when Invesco renamed the Dynamic Software ETF (PSJ), moved to IGPT and swapped indexes. History before that came from a different strategy.sec.gov
- Below the cohort median on fee, but not the floor: XAIX (0.35%), QTUM (0.40%) and ARTY (0.47%) list lower expense ratios.
- About 100 stocks, all wired to one theme. Software and AI names tend to move together, so the swings run wider than a broad-market fund's.
IGPT Holdings
- Stocks
- 101
- 62%
- META
Sectors
- Technology74.7%
- Communication18.1%
- Real Estate2.7%
- Health Care2.2%
- Industrials2.2%
- Consumer Discr.0.1%
Geography
- United States82.16%
- Taiwan5.58%
- South Korea4.39%
- Japan4.07%
- China0.89%
- United Kingdom0.77%
- Cayman Islands0.47%
- Switzerland0.46%
- 1.21%
IGPT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IGPT$18,929
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IGPT |
|---|---|
| Year to date | +75.1% |
| 1 month | +13.3% |
| 3 months | −3.7% |
| 1 year | +89.3% |
| 3 years | +48.2% |
| 5 years | +17.8% |
| 10 years | +21.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IGPT |
|---|---|---|
| 2026 YTD | +75.1% | |
| 2025 | +31.6% | |
| 2024 | +17.1% | |
| 2023 | +27.3% | |
| 2022 | −27.7% | |
| 2021 | −11.7% | |
| 2020 | +54.3% |
IGPT in the news
IGPT Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 22, 2025 | Sep 26, 2025 | $0.0096 |
| Jun 23, 2025 | Jun 27, 2025 | $0.02 |
| Dec 19, 2022 | Dec 23, 2022 | $0.17 |
| Sep 19, 2022 | Sep 23, 2022 | $0.26 |
| Dec 20, 2021 | Dec 31, 2021 | $2.59 |
| Sep 20, 2021 | Sep 30, 2021 | $0.06 |
| Mar 23, 2020 | Mar 31, 2020 | $0.02 |
| Dec 23, 2019 | Dec 31, 2019 | $0.02 |
| Dec 16, 2016 | Dec 30, 2016 | $0.0049 |
| Jun 19, 2015 | Jun 30, 2015 | $0.02 |
| Dec 19, 2014 | Dec 31, 2014 | $0.01 |
IGPT Risk
- 33.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.01
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −40.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IGPT Cost
0.57%
IGPT0.57%
- The middle half of Artificial Intelligence funds
- Median 0.65%
6 of the 30 Artificial Intelligence funds charge less.