CTAS vs. IGPT
CTAS (Cintas Corporation) is a stock, while IGPT (Invesco AI and Next Gen Software ETF) is Artificial Intelligence fund tracking the STOXX World AC NexGen Software Development Index. Over the past 10 years, CTAS returned 23.69%/yr vs 20.17%/yr for IGPT. Their 0.54 correlation means they have sometimes moved together and sometimes differently.
Performance
CTAS vs. IGPT - Performance Comparison
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Returns By Period
In the year-to-date period, CTAS achieves a 7.63% return, which is significantly lower than IGPT's 54.99% return. Over the past 10 years, CTAS has outperformed IGPT with an annualized return of 23.69%, while IGPT has yielded a comparatively lower 20.17% annualized return.
CTAS
- 1D
- -1.10%
- 1M
- 12.99%
- 6M
- 5.09%
- YTD
- 7.63%
- 1Y
- -8.77%
- 3Y*
- 19.06%
- 5Y*
- 16.62%
- 10Y*
- 23.69%
- ALL TIME*
- 16.28%
IGPT
- 1D
- -1.88%
- 1M
- -6.08%
- 6M
- 50.29%
- YTD
- 54.99%
- 1Y
- 83.56%
- 3Y*
- 39.31%
- 5Y*
- 13.46%
- 10Y*
- 20.17%
- ALL TIME*
- 15.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $532.74M | $525.09M | $429.66M | |
| $23.66M | $21.65M | $21.95M |
CTAS vs. IGPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CTAS Cintas Corporation | 7.63% | 3.78% | 22.24% | 34.82% | 2.97% | 26.51% | 32.74% | 61.73% | 9.04% | 36.32% |
IGPT Invesco AI and Next Gen Software ETF | 54.99% | 31.55% | 17.15% | 27.29% | -27.73% | -11.79% | 54.31% | 35.06% | 16.38% | 34.60% |
Correlation
The correlation between CTAS and IGPT is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.36 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2005 | 0.54 |
The correlation between CTAS and IGPT shifts across timeframes, from -0.21 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CTAS vs. IGPT — Risk / Return Rank
CTAS
IGPT
CTAS vs. IGPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cintas Corporation (CTAS) 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.
| CTAS | IGPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.64 | ||
| Sortino ratioReturn per unit of downside risk | -3.15 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.36 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 3.40 | -3.72 |
| Martin ratioReturn relative to average drawdown | -0.52 | 12.56 | -13.08 |
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Drawdowns
CTAS vs. IGPT - Drawdown Comparison
The maximum CTAS drawdown since its inception was -65.32%, which is greater than IGPT's maximum drawdown of -50.14%. Use the drawdown chart below to compare losses from any high point for CTAS and IGPT.
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Drawdown Indicators
| CTAS | IGPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.32% | -50.14% | -15.18% |
Max Drawdown (1Y)Largest decline over 1 year | -27.23% | -24.74% | -2.49% |
Max Drawdown (3Y)Largest decline over 3 years | -27.68% | -29.30% | +1.62% |
Max Drawdown (5Y)Largest decline over 5 years | -27.68% | -41.73% | +14.05% |
Max Drawdown (10Y)Largest decline over 10 years | -48.38% | -50.14% | +1.76% |
Current DrawdownCurrent decline from peak | -10.70% | -14.74% | +4.04% |
Average DrawdownAverage peak-to-trough decline | -15.04% | -11.95% | -3.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.93% | 6.67% | +10.26% |
Volatility
CTAS vs. IGPT - Volatility Comparison
The current volatility for Cintas Corporation (CTAS) is 10.76%, while Invesco AI and Next Gen Software ETF (IGPT) has a volatility of 14.64%. This indicates that CTAS experiences smaller price fluctuations and is considered to be less risky than IGPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CTAS | IGPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.76% | 14.64% | -3.88% |
Volatility (6M)Calculated over the trailing 6-month period | 19.70% | 33.15% | -13.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.24% | 37.20% | -13.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.01% | 29.66% | -6.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.80% | 27.36% | -0.56% |
Dividends
CTAS vs. IGPT - Dividend Comparison
CTAS's dividend yield for the trailing twelve months is around 0.89%, more than IGPT's 0.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTAS Cintas Corporation | 0.89% | 0.89% | 0.80% | 0.83% | 0.93% | 0.77% | 0.99% | 0.95% | 1.22% | 1.04% | 1.15% | 1.15% |
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
CTAS and IGPT have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGPT has higher volatility (14.64%) compared to CTAS (10.76%). In terms of maximum drawdown, CTAS dropped -65.32% vs IGPT's -50.14%.
IGPT currently has the higher Sharpe Ratio (2.26 vs -0.38), 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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