Invesco AI and Next Gen Software ETF (IGPT) belongs to the Artificial Intelligence category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IGPT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IGPT
IGPT charges 0.56% annually. There are 7 ETFs in the Artificial Intelligence category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence and Big Data ETF | 0.35% | 157.62M | Aug 2024 | IGPT vs XAIX | |
| Themes Generative Artificial Intelligence ETF | 0.35% | 26.54M | Dec 2023 | IGPT vs WISE | |
| Themes China Generative Artificial Intelligence ET... | 0.39% | — | Jul 2025 | IGPT vs DRGN | |
| WisdomTree Artificial Intelligence and Innovation ... | 0.45% | 620.07M | Dec 2021 | IGPT vs WTAI | |
| iShares Future AI & Tech ETF | 0.47% | 3.50B | Jun 2018 | IGPT vs ARTY |
Best Risk-Adjusted Alternatives to IGPT
IGPT has a PortfoliosLab risk / return rank of 84. There is 1 ETF in the Artificial Intelligence category with a higher risk-adjusted rank, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VistaShares Artificial Intelligence Supercycle ETF | 89 | 921.07M | Dec 2024 | IGPT vs AIS | |
| TCW Artificial Intelligence ETF | 79 | 125.54M | Aug 2017 | IGPT vs AIFD | |
| ROBO Global Artificial Intelligence ETF | 79 | 421.30M | May 2020 | IGPT vs THNQ | |
| Roundhill Generative AI & Technology ETF | 76 | 1.78B | May 2023 | IGPT vs CHAT | |
| Xtrackers Artificial Intelligence and Big Data ETF | 69 | 157.62M | Aug 2024 | IGPT vs XAIX |
Top Performing IGPT Alternatives (YTD)
IGPT is at 50.51% YTD. There are 3 ETFs in the Artificial Intelligence category with higher YTD returns, going as high as 72.78%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VistaShares Artificial Intelligence Supercycle ETF | 72.78% | 921.07M | Dec 2024 | IGPT vs AIS | |
| Global X AI Semiconductor & Quantum ETF | 63.02% | 211.53M | Sep 2025 | IGPT vs CHPX | |
| Tortoise AI Infrastructure ETF | 60.69% | 169.58M | Aug 2025 | IGPT vs TCAI | |
| Roundhill Generative AI & Technology ETF | 44.67% | 1.78B | May 2023 | IGPT vs CHAT | |
| iShares Future AI & Tech ETF | 43.11% | 3.50B | Jun 2018 | IGPT vs ARTY |
Lowest Volatility Alternatives to IGPT
IGPT has 36.96% 1-year volatility. There are 17 ETFs in the Artificial Intelligence category with lower 1-year volatility, going as low as 23.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Agentic AI ETF | 23.85% | 9.56M | Sep 2025 | IGPT vs AGIQ | |
| First Trust Nasdaq Artificial Intelligence & Robot... | 25.00% | 724.78M | Feb 2018 | IGPT vs ROBT | |
| Xtrackers Artificial Intelligence and Big Data ETF | 25.87% | 157.62M | Aug 2024 | IGPT vs XAIX | |
| Global X Robotics & Artificial Intelligence Themat... | 26.47% | 3.31B | Sep 2016 | IGPT vs BOTZ | |
| Pictet AI & Automation ETF | 26.96% | 14.01M | Oct 2025 | IGPT vs PBOT |
Lowest Drawdown Alternatives to IGPT
IGPT has a 1-year max drawdown of -24.74%. There are 14 ETFs in the Artificial Intelligence category with shallower 1-year drawdowns, going as shallow as -16.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence and Big Data ETF | -16.95% | 157.62M | Aug 2024 | IGPT vs XAIX | |
| ROBO Global Artificial Intelligence ETF | -18.39% | 421.30M | May 2020 | IGPT vs THNQ | |
| First Trust Bloomberg Artificial Intelligence ETF | -18.84% | — | Nov 2024 | IGPT vs FAI | |
| YieldMax AI & Tech Portfolio Option Income ETF | -19.32% | 101.75M | Jan 2025 | IGPT vs GPTY | |
| Global X Robotics & Artificial Intelligence Themat... | -19.34% | 3.31B | Sep 2016 | IGPT vs BOTZ |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 58 | 14.23% | 452.80B | Mar 1999 | IGPT vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 51 | 22.35% | 21.05B | Oct 2015 | IGPT vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 59 | 14.26% | 97.11B | Oct 2020 | IGPT vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 79 | 14.26% | 96.96B | Apr 2003 | IGPT vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 61.64% | 2.58B | Jun 2021 | IGPT vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 65 | 14.14% | 19.45B | Dec 2005 | IGPT vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 45 | 4.68% | 10.56B | May 2005 | IGPT vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 55 | 12.76% | 4.04B | Oct 2012 | IGPT vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 44 | 13.32% | 7.18B | Mar 2005 | IGPT vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 58 | 11.63% | 4.08B | Feb 2012 | IGPT vs IDMO |
Often Compared With IGPT
Investors most often compare IGPT with AIQ, VGT, IRBO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare IGPT with Any Fund or Stock
Compare IGPT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IGPT with funds that move differently
Invesco AI and Next Gen Software ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IGPT.
Explore IGPT Diversifiers