Skip to content
etf.net

IGPT vs XAIX

Invesco AI and Next Gen Software ETF

IGPTBNYSE Arca

Xtrackers Artificial Intelligence and Big Data ETF

XAIXANasdaq

Overlap

Expense ratio

XAIX −0.22pt a year

IGPT0.57%XAIX0.35%

Avg volume · 30D

IGPT 8.9×the volume

IGPT173KXAIX19.4K

IGPT vs XAIX Performance

Nov 6, 2025 – Nov 6, 2026

+28.2%IGPT+20.0%XAIX

Nov 6, 2025 to Nov 6, 2026. IGPT +28.2%. XAIX +20.0%. Use the arrow keys to read each point.0%40%60%80%Nov 2025May 2026Nov 2026
Expense ratio
IGPT 0.57%
XAIX 0.35%, better
Fund size
IGPT $1.11B
XAIX $141M
1Y total return
IGPT +28.2%, better
XAIX +20.0%
Yield (12M)
IGPT 0.00%
XAIX 0.43%, better
Holdings
IGPT 103
XAIX 102
Avg volume (30D)
IGPT 173K sh, better
XAIX 19.4K sh
NAV per share
IGPT $75.34
XAIX $50.86
52W range

ETF.net Grade

IGPT: Cost 74, Risk 43, Mission not scored, Tradability 73, Holdings 40, Durability 89. XAIX: Cost 97, Risk 87, Mission 69, Tradability 56, Holdings 62, Durability 66.
Pillar letters and Scores for IGPT, XAIX, with each pillar’s weight
PillarIGPTXAIX
Cost30% weightA74A97Higher
Mission25% weightNot scoredB69
Risk15% weightC43A87Higher
Tradability15% weightA73HigherB56
Holdings10% weightC40B62Higher
Durability5% weightA89HigherB66

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. IGPT and XAIX 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 ›

XAIX ranks 1st 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 5BAIQGlobal X Artificial Intelligence & Technology ETFScore 64
  4. Rank 5BIGPTInvesco AI and Next Gen Software ETFScore 64
  5. Rank 7BAIVCAmplify Bloomberg AI Value Chain ETFScore 63

Our read on each fund

ETF.net Research

IGPTBInvesco AI and Next Gen Software ETF

XAIXAXtrackers Artificial Intelligence and Big Data ETF

In short

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.

XAIX No data

Stated mandate

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

XAIX No data

Why people hold it

  • 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.

XAIX No data

Worth knowing

  • 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

XAIX No data

Full IGPT profile⁠

Full XAIX profile⁠

IGPT vs XAIX 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.

IGPT vs XAIX Cost

Overpaying IGPT vs XAIX

$4,145

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

  • IGPT 0.57%

    $11,271

  • XAIX 0.35%

    $7,126

$10,000
30 years

Cost over time

  • IGPT 0.57%
  • XAIX 0.35%
  • 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 $11,271XAIX $7,126

Year by year

YearIGPTXAIXOverpaying
10$1,023$634$389
20$3,921$2,454$1,467
30$11,271$7,126$4,145

Expense ratio

  • 0.57%IGPT
  • 0.35%XAIX, cheaper
  • Middle half of Artificial Intelligence funds
  • Median 0.65%

XAIX cheapest of 30 funds

IGPT 9th cheapest of 30 funds

IGPT vs XAIX Dividends

Last 12 months to Nov 6, 2026
Yield (12M)
IGPT 0.00%
XAIX 0.43%, better
Payout (12M)
IGPT None
XAIX $0.22
Last payment
IGPT No data
XAIX $0.10
Ex-dividend
IGPT No data
XAIX Jun 18, 2026
Paid on
IGPT No data
XAIX Jun 26, 2026
Frequency
IGPT No data
XAIX Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

IGPT8 paymentsAll IGPT payments⁠
One bar per payment. 8 payments from 2017 to 2026 YTD. 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$2.502017202020232026YTD
XAIXTwice a year · 4 paymentsAll XAIX payments⁠
One bar per payment. 4 payments from 2017 to 2026 YTD. Dec 20, 2024 $0.03; Jun 20, 2025 $0.11; Dec 19, 2025 $0.12; Jun 18, 2026 $0.10. Use the arrow keys to read each point.$0$2.502017202020232026YTD

IGPT vs XAIX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IGPT 35.3%XAIX 26.1%since Sep 2024
Return per unit of riskSharpe ratio, 3 years
IGPT 0.97XAIX 0.98since Sep 2024
Worst fallMax drawdown, 5 years
IGPT −40.5%XAIX −24.0%since Aug 2024
Market sensitivityBeta, 5 years
IGPT 2.09XAIX 1.79

IGPT and XAIX in the news

All news⁠

Popular comparisons

  • IGPTBvsQTUMA

    Invesco AI and Next Gen Software ETF · Defiance Quantum ETF

    Expense ratio
    0.57% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XAIXAvsAIQB

    Xtrackers Artificial Intelligence and Big Data ETF · Global X Artificial Intelligence & Technology ETF

    Expense ratio
    0.35% · 0.68%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • IGPTBvsARTYA

    Invesco AI and Next Gen Software ETF · iShares Future AI & Tech ETF

    Expense ratio
    0.57% · 0.47%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XAIXAvsQTUMA

    Xtrackers Artificial Intelligence and Big Data ETF · Defiance Quantum ETF

    Expense ratio
    0.35% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • IGPTBvsAIHYB

    Invesco AI and Next Gen Software ETF · Defiance AI Hyperscale Leaders ETF

    Expense ratio
    0.57% · 0.37%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XAIXAvsARTYA

    Xtrackers Artificial Intelligence and Big Data ETF · iShares Future AI & Tech ETF

    Expense ratio
    0.35% · 0.47%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.