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ARTY vs. IGPT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ARTY vs. IGPT

Last updated Aug 2, 2026
Documentation

ARTY (iShares Future AI & Tech ETF) and IGPT (Invesco AI and Next Gen Software ETF) are both Artificial Intelligence funds - ARTY tracks the Morningstar Global Artificial Intelligence Select Index (Net) while IGPT tracks the STOXX World AC NexGen Software Development Index. Both are passively managed. Over the past 5 years, ARTY returned 9.92%/yr vs 12.06%/yr for IGPT. Their correlation of 0.86 means they have usually moved in the same direction. ARTY charges 0.47%/yr vs 0.56%/yr for IGPT.

Performance

ARTY vs. IGPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future AI & Tech ETF (ARTY) and Invesco AI and Next Gen Software ETF (IGPT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ARTY achieves a 38.42% return, which is significantly lower than IGPT's 45.80% return.

ARTY

1D
0.60%
1M
-6.25%
6M
29.47%
YTD
38.42%
1Y
57.81%
3Y*
25.12%
5Y*
9.92%
10Y*
—
ALL TIME*
14.64%

IGPT

1D
0.59%
1M
-8.98%
6M
33.98%
YTD
45.80%
1Y
74.93%
3Y*
33.09%
5Y*
12.06%
10Y*
19.74%
ALL TIME*
14.87%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

ARTY

iShares Future AI & Tech ETF
$36.04M$40.00M$59.74M

IGPT

Invesco AI and Next Gen Software ETF
$28.12M$21.89M$21.69M

ARTY vs. IGPT - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
ARTY
iShares Future AI & Tech ETF		38.42%29.97%8.02%36.37%-37.89%6.32%48.85%34.47%-13.76%
IGPT
Invesco AI and Next Gen Software ETF		45.80%31.55%17.15%27.29%-27.73%-11.79%54.31%35.06%-1.08%

Correlation

The correlation between ARTY and IGPT is 0.92, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.92

Correlation (3Y)
Balances recent behavior with more history.

0.88

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.89

Correlation (All Time)
Calculated using the full available price history since Jun 28, 2018

0.86

The correlation between ARTY and IGPT has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.

ARTY vs. IGPT - Sectors Allocation Comparison

Sectors
ARTY
IGPT

Technology

87.8%
76.6%

Industrials

5.3%
2.0%

Communication Services

3.0%
16.9%

Utilities

1.6%

-

Real Estate

1.4%
2.4%

Healthcare

0.9%
2.1%

Financial Services

0.7%
0.1%

Basic Materials

-

-

Consumer Cyclical

-

0.1%

Consumer Defensive

-

-

Energy

-

-

Technology

ARTY
87.8%
IGPT
76.6%

Industrials

ARTY
5.3%
IGPT
2.0%

Communication Services

ARTY
3.0%
IGPT
16.9%

Utilities

ARTY
1.6%
IGPT

-

Real Estate

ARTY
1.4%
IGPT
2.4%

Healthcare

ARTY
0.9%
IGPT
2.1%

Financial Services

ARTY
0.7%
IGPT
0.1%

Basic Materials

ARTY

-

IGPT

-

Consumer Cyclical

ARTY

-

IGPT
0.1%

Consumer Defensive

ARTY

-

IGPT

-

Energy

ARTY

-

IGPT

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Future AI & Tech ETF

Invesco AI and Next Gen Software ETF

Often compared with ARTY:
ARTY vs. BOTZARTY vs. QQQARTY vs. ARKQARTY vs. AIQARTY vs. BAIARTY vs. SPYARTY vs. IETC
Often compared with IGPT:
IGPT vs. AIQIGPT vs. CHATIGPT vs. BOTZIGPT vs. QQQIGPT vs. VGTIGPT vs. IRBOIGPT vs. XAIX

Return for Risk

ARTY vs. IGPT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
ARTY
ARTY Risk / Return Rank: 6060
Overall Rank
ARTY Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
ARTY Sortino Ratio Rank: 5656
Sortino Ratio Rank
ARTY Omega Ratio Rank: 5757
Omega Ratio Rank
ARTY Calmar Ratio Rank: 6565
Calmar Ratio Rank
ARTY Martin Ratio Rank: 6161
Martin Ratio Rank
IGPT
IGPT Risk / Return Rank: 8080
Overall Rank
IGPT Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
IGPT Sortino Ratio Rank: 7777
Sortino Ratio Rank
IGPT Omega Ratio Rank: 7878
Omega Ratio Rank
IGPT Calmar Ratio Rank: 8080
Calmar Ratio Rank
IGPT Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARTY vs. IGPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future AI & Tech ETF (ARTY) and Invesco AI and Next Gen Software ETF (IGPT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

ARTYIGPTDifference
Sharpe ratioReturn per unit of total volatility
1.44
1.94

-0.50

Sortino ratioReturn per unit of downside risk
1.93
2.46

-0.53

Omega ratioGain probability vs. loss probability

1.25

1.32

-0.08

Calmar ratioReturn relative to maximum drawdown

2.24

2.89

-0.65

Martin ratioReturn relative to average drawdown

7.25

11.04

-3.79

ARTY vs. IGPT - Sharpe Ratio Comparison

The current ARTY Sharpe Ratio is 1.44, which is comparable to the IGPT Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of ARTY and IGPT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ARTY vs. IGPT - Drawdown Comparison

The maximum ARTY drawdown since its inception was -54.50%, which is greater than IGPT's maximum drawdown of -50.14%. Use the drawdown chart below to compare losses from any high point for ARTY and IGPT.

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Drawdown Indicators

ARTYIGPTDifference

Max Drawdown

Largest peak-to-trough decline

-54.50%

-50.14%

-4.36%

Max Drawdown (1Y)

Largest decline over 1 year

-24.00%

-24.74%

+0.74%

Max Drawdown (3Y)

Largest decline over 3 years

-32.44%

-29.30%

-3.14%

Max Drawdown (5Y)

Largest decline over 5 years

-50.53%

-42.04%

-8.49%

Max Drawdown (10Y)

Largest decline over 10 years

—

-50.14%

—

Current Drawdown

Current decline from peak

-17.41%

-19.79%

+2.38%

Average Drawdown

Average peak-to-trough decline

-19.68%

-11.95%

-7.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.42%

6.47%

+0.95%

Volatility

ARTY vs. IGPT - Volatility Comparison

iShares Future AI & Tech ETF (ARTY) and Invesco AI and Next Gen Software ETF (IGPT) have volatilities of 14.17% and 14.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ARTYIGPTDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.17%

14.66%

-0.49%

Volatility (6M)

Calculated over the trailing 6-month period

33.16%

32.84%

+0.32%

Volatility (1Y)

Calculated over the trailing 1-year period

37.34%

36.85%

+0.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.29%

29.53%

+0.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.64%

27.29%

+1.35%

ARTY vs. IGPT - Expense Ratio Comparison

ARTY has a 0.47% expense ratio, which is lower than IGPT's 0.56% expense ratio.

Dividends

ARTY vs. IGPT - Dividend Comparison

ARTY's dividend yield for the trailing twelve months is around 0.07%, more than IGPT's 0.01% yield.

PositionTTM20252024202320222021202020192018201720162015
ARTY
iShares Future AI & Tech ETF		0.07%0.00%0.50%0.88%0.75%2.41%0.53%0.69%0.34%0.00%0.00%0.00%
IGPT
Invesco AI and Next Gen Software ETF		0.01%0.04%0.00%0.00%1.41%6.21%0.04%0.05%0.00%0.00%0.03%0.15%

Frequently Asked Questions

With a correlation of 0.92, ARTY and IGPT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IGPT has higher volatility (14.66%) compared to ARTY (14.17%). In terms of maximum drawdown, ARTY dropped -54.50% vs IGPT's -50.14%.

On 5-year performance, IGPT leads with 12.06% vs 9.92% for ARTY. On fees, ARTY is cheaper at 0.47% per year. On volatility, ARTY has been the lower-risk option at 14.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IGPT has performed better with a 12.06% return vs 9.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ARTY is cheaper with a 0.47% expense ratio, compared with 0.56% for IGPT.

ARTY has the higher dividend yield at 0.07%, compared with 0.01% for IGPT.

ARTY tracks Morningstar Global Artificial Intelligence Select Index (Net), while IGPT tracks STOXX World AC NexGen Software Development Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.47% for ARTY and 0.56% for IGPT.

IGPT currently has the higher Sharpe Ratio (1.94 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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