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AIHY vs IGPT

Defiance AI Hyperscale Leaders ETF

AIHYBNYSE Arca

Invesco AI and Next Gen Software ETF

IGPTBNYSE Arca

Overlap

13.3%by weight

Expense ratio

AIHY −0.20pt a year

AIHY0.37%IGPT0.57%

Avg volume · 30D

IGPT 6.7×the volume

AIHY25.7KIGPT173K

AIHY vs IGPT Performance

Aug 6, 2026 – Nov 6, 2026

−2.7%AIHY−17.3%IGPT

Aug 6, 2026 to Nov 6, 2026. AIHY −2.7%. IGPT −17.3%. Use the arrow keys to read each point.−10%10%Aug 2026Sep 2026Nov 2026
Expense ratio
AIHY 0.37%, better
IGPT 0.57%
Fund size
AIHY $16M
IGPT $1.11B
1Y total return
AIHY No data
IGPT +28.2%
Yield (12M)
AIHY No data
IGPT 0.00%
Holdings
AIHY 13
IGPT 103
Avg volume (30D)
AIHY 25.7K sh
IGPT 173K sh, better
NAV per share
AIHY $20.44
IGPT $75.34
52W range

ETF.net Grade

AIHY: Cost 90, Risk 85, Mission not scored, Tradability 53, Holdings 22, Durability 41. IGPT: Cost 74, Risk 43, Mission not scored, Tradability 73, Holdings 40, Durability 89.
Pillar letters and Scores for AIHY, IGPT, with each pillar’s weight
PillarAIHYIGPT
Cost30% weightA90HigherA74
Mission25% weightNot scoredNot scored
Risk15% weightA85HigherC43
Tradability15% weightC53A73Higher
Holdings10% weightF22C40Higher
Durability5% weightC41A89Higher

Rank among Artificial Intelligence funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AIHY and IGPT are both graded against the same 30 Artificial Intelligence funds, so their Grades compare head to head.

Artificial Intelligence⁠

Category · 30 funds
See all 30 ›

AIHY ranks 4th and IGPT 5th of 30 funds in the Artificial Intelligence Category.

  1. Rank 1AXAIXXtrackers Artificial Intelligence and Big Data ETFScore 79
  2. Rank 2AQTUMDefiance Quantum ETFScore 78
  3. Rank 3AARTYiShares Future AI & Tech ETFScore 72
  4. Rank 4BAIHYDefiance AI Hyperscale Leaders ETFScore 69
  5. Rank 5BAIQGlobal X Artificial Intelligence & Technology ETFScore 64
  6. Rank 5BIGPTInvesco AI and Next Gen Software ETFScore 64
  7. Rank 7BAIVCAmplify Bloomberg AI Value Chain ETFScore 63

Our read on each fund

ETF.net Research

AIHYBDefiance AI Hyperscale Leaders ETF

IGPTBInvesco AI and Next Gen Software ETF

In short

AIHY No data

IGPT Born in 2005 as a software fund, re-aimed at AI in 2023. IGPT holds about 100 global companies that earn at least half their revenue from next-gen software work, at 0.57% a year.

Stated mandate

AIHY No data

IGPT The fund provides exposure to global companies associated with next-generation artificial intelligence and software themes.

Why people hold it

AIHY No data

  • IGPT Real purity screen: a company needs at least 50% of revenue from software-development subsectors to qualify, then the 100 largest by free float make the index.sec.gov
  • Weighting multiplies free-float size by revenue exposure to the theme, with concentration caps, so the purest plays get credit, not only the biggest companies.stoxx.com
  • Global and all-cap by design: developed and emerging markets, large caps down to small, instead of the usual huddle of US mega-cap tech.sec.gov
  • At 0.57% a year it sits below the AI-theme median fee, and it is a billion-dollar-plus, moderately traded fund that rates among the stronger builds in a crowded field.

Worth knowing

AIHY No data

  • IGPT The history before August 2023 belongs to a different strategy: it traded as Invesco Dynamic Software (PSJ) on a US-only Intellidex index until the AI rebuild.sec.gov
  • Cheaper ways to own the theme exist, including XAIX at 0.35% and ARTY at 0.47%.
  • One theme, global, with emerging-market and smaller names in the mix, so day-to-day swings can run hotter than a broad tech fund.sec.gov

Full AIHY profile⁠

Full IGPT profile⁠

AIHY vs IGPT Holdings

How AIHY and IGPT differ

Overlap by weight

13.3%

Shared holdings make up 22.4% of AIHY and 18.6% of IGPT.

Level by level

  • Holdings2 in both13.3%
  • Sector6 Sectors64.2%
  • Countryby domicile85.7%
  • Asset classStocks100%

Sector

Sector weights in AIHY and IGPT, widest gap first
SectorMore in AIHYMore in IGPTGap
TechnologyIGPT +30.0 points
CommunicationAIHY +22.1 points
Consumer DiscretionaryAIHY +10.3 points
IndustrialsAIHY +3.4 points
Real EstateIGPT +3.0 points
Health CareIGPT +2.8 points

Country, concentration and asset class

Country by domicile

Country weights in AIHY and IGPT, widest gap first
CountryMore in AIHYMore in IGPTGap
United StatesAIHY +7.3 points
ChinaAIHY +7.0 points
TaiwanIGPT +5.0 points
JapanIGPT +3.8 points
South KoreaIGPT +3.5 points
SwitzerlandIGPT +0.6 points
Other countries (7)IGPT +1.4 points

Concentration

Weight in the 10 largest Holdings

  • AIHY117.3%
  • IGPT58.2%

Securities held

  • AIHY10
  • IGPT100

Asset class

AIHY
Stocks
IGPT
Stocks

Holdings

  • Only in AIHY8
  • In both2
  • Only in IGPT98

Only in AIHY

8 securities, 64.2% of AIHY by weight

  • First American Government Obligations Fund 12/01/203124.84%
  • Microsoft Corp21.50%
  • Amazon.com Inc3.91%

Only in IGPT

98 securities, 81.4% of IGPT by weight

  • NVIDIA Corp8.64%
  • Advanced Micro Devices Inc8.34%
  • Micron Technology Inc6.98%

Weight gaps

All 2 Holdings in both funds, largest gap first.

Holding weights in AIHY and IGPT, widest gap first
HoldingMore in AIHYMore in IGPTGap
Meta Platforms IncMETAAIHY +9.11 points
Alphabet IncGOOGLIGPT +5.27 points

All 14 AIHY holdings⁠All 101 IGPT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AIHY vs IGPT Cost

Overpaying IGPT vs AIHY

$3,758

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AIHY 0.37%

    $7,513

  • IGPT 0.57%

    $11,271

$10,000
30 years

Cost over time

  • AIHY 0.37%
  • IGPT 0.57%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530IGPT $11,271AIHY $7,513

Year by year

YearAIHYIGPTOverpaying
10$670$1,023$353
20$2,590$3,921$1,331
30$7,513$11,271$3,758

Expense ratio

  • 0.37%AIHY, cheaper
  • 0.57%IGPT
  • Middle half of Artificial Intelligence funds
  • Median 0.65%

AIHY 4th cheapest of 30 funds

IGPT 9th cheapest of 30 funds

AIHY vs IGPT Dividends

Last 12 months to Nov 6, 2026
Yield (12M)
AIHY No data
IGPT 0.00%
Payout (12M)
AIHY None
IGPT None

Distribution history

Per share, 2016 to 2025, same scale for both

AIHYAll AIHY payments⁠

No distribution history available.

IGPT9 paymentsAll IGPT payments⁠
One bar per payment. 9 payments from 2016 to 2025. Dec 16, 2016 $0.0049; Dec 23, 2019 $0.02; Mar 23, 2020 $0.02; Sep 20, 2021 $0.06; Dec 20, 2021 $2.59; Sep 19, 2022 $0.26; Dec 19, 2022 $0.17; Jun 23, 2025 $0.02; Sep 22, 2025 $0.0096. Use the arrow keys to read each point.$0$2.502016201920222025

AIHY vs IGPT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AIHY No dataIGPT 35.3%
Return per unit of riskSharpe ratio, 3 years
AIHY No dataIGPT 0.97
Worst fallMax drawdown, 5 years
AIHY No dataIGPT −40.5%
Market sensitivityBeta, 5 years
AIHY 2.22IGPT 2.09

AIHY and IGPT in the news

All news⁠

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