IGPT vs. AIS

Last updated Aug 4, 2026

IGPT (Invesco AI and Next Gen Software ETF) and AIS (VistaShares Artificial Intelligence Supercycle ETF) are both Artificial Intelligence funds. IGPT is passively managed, while AIS is actively managed. Over the past year, IGPT returned 80.58% vs 125.16% for AIS. Their correlation of 0.93 means they have usually moved in the same direction. IGPT charges 0.56%/yr vs 0.75%/yr for AIS.

Performance

IGPT vs. AIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco AI and Next Gen Software ETF (IGPT) and VistaShares Artificial Intelligence Supercycle ETF (AIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IGPT achieves a 50.51% return, which is significantly lower than AIS's 72.78% return.

IGPT

• 1D: 3.23%
• 1M: -6.05%
• 6M: 36.61%
• YTD: 50.51%
• 1Y: 80.58%
• 3Y*: 37.96%
• 5Y*: 12.94%
• 10Y*: 19.82%
• ALL TIME*: 15.04%

AIS

• 1D: 2.42%
• 1M: -12.08%
• 6M: 49.99%
• YTD: 72.78%
• 1Y: 125.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 77.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIS VistaShares Artificial Intelligence Supercycle ETF	$38.16M	$40.99M	$51.37M
IGPT Invesco AI and Next Gen Software ETF	$24.39M	$21.86M	$21.83M

IGPT vs. AIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IGPT Invesco AI and Next Gen Software ETF	50.51%	31.55%	-5.71%
AIS VistaShares Artificial Intelligence Supercycle ETF	72.78%	58.35%	-4.74%

Correlation

The correlation between IGPT and AIS is 0.94, 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.	0.94
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024	0.93

The correlation between IGPT and AIS has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

IGPT vs. AIS - Sectors Allocation Comparison

Sectors	IGPT	AIS
Technology	76.6%	87.2%
Communication Services	16.9%	-
Real Estate	2.4%	-
Healthcare	2.1%	-
Industrials	2.0%	6.8%
Consumer Cyclical	0.1%	-
Financial Services	0.1%	-0.0%
Basic Materials	-	-
Consumer Defensive	-	0.3%
Energy	-	-
Utilities	-	2.9%

Return for Risk

IGPT vs. AIS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IGPT

IGPT Risk / Return Rank: 84
IGPT Sharpe Ratio Rank: 89
IGPT Sortino Ratio Rank: 81
IGPT Omega Ratio Rank: 82
IGPT Calmar Ratio Rank: 85
IGPT Martin Ratio Rank: 85

AIS

AIS Risk / Return Rank: 89
AIS Sharpe Ratio Rank: 94
AIS Sortino Ratio Rank: 85
AIS Omega Ratio Rank: 87
AIS Calmar Ratio Rank: 88
AIS Martin Ratio Rank: 91

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.

IGPT vs. AIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) and VistaShares Artificial Intelligence Supercycle ETF (AIS). 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.

	IGPT	AIS	Difference
Sharpe ratio: Return per unit of total volatility	2.20	2.64	-0.44
Sortino ratio: Return per unit of downside risk	2.69	2.87	-0.18
Omega ratio: Gain probability vs. loss probability	1.36	1.39	-0.03
Calmar ratio: Return relative to maximum drawdown	3.27	3.66	-0.38
Martin ratio: Return relative to average drawdown	12.33	14.88	-2.55

IGPT vs. AIS - Sharpe Ratio Comparison

The current IGPT Sharpe Ratio is 2.20, which is comparable to the AIS Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of IGPT and AIS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IGPT vs. AIS - Drawdown Comparison

The maximum IGPT drawdown since its inception was -50.14%, which is greater than AIS's maximum drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for IGPT and AIS.

Drawdown Indicators

	IGPT	AIS	Difference
Max Drawdown Largest peak-to-trough decline	-50.14%	-34.44%	-15.70%
Max Drawdown (1Y) Largest decline over 1 year	-24.74%	-34.44%	+9.70%
Max Drawdown (3Y) Largest decline over 3 years	-29.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.14%	—	—
Current Drawdown Current decline from peak	-17.20%	-26.18%	+8.98%
Average Drawdown Average peak-to-trough decline	-11.95%	-6.35%	-5.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.56%	8.44%	-1.88%

Volatility

IGPT vs. AIS - Volatility Comparison

The current volatility for Invesco AI and Next Gen Software ETF (IGPT) is 14.42%, while VistaShares Artificial Intelligence Supercycle ETF (AIS) has a volatility of 20.84%. This indicates that IGPT experiences smaller price fluctuations and is considered to be less risky than AIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGPT	AIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.42%	20.84%	-6.42%
Volatility (6M) Calculated over the trailing 6-month period	32.86%	43.14%	-10.28%
Volatility (1Y) Calculated over the trailing 1-year period	36.96%	47.84%	-10.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.58%	43.98%	-14.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.31%	43.98%	-16.67%

IGPT vs. AIS - Expense Ratio Comparison

IGPT has a 0.56% expense ratio, which is lower than AIS's 0.75% expense ratio.

Dividends

IGPT vs. AIS - Dividend Comparison

IGPT's dividend yield for the trailing twelve months is around 0.01%, while AIS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIS VistaShares Artificial Intelligence Supercycle ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	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

Can I hold both IGPT and AIS in my portfolio?

With a correlation of 0.94, IGPT and AIS 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.

Which is riskier, IGPT or AIS?

AIS has higher volatility (20.84%) compared to IGPT (14.42%). In terms of maximum drawdown, IGPT dropped -50.14% vs AIS's -34.44%.

Which ETF is better, IGPT or AIS?

On 1-year performance, AIS leads with 125.16% vs 80.58% for IGPT. On fees, IGPT is cheaper at 0.56% per year. On volatility, IGPT has been the lower-risk option at 14.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGPT or AIS?

Over the 1-year period, AIS has performed better with a 125.16% return vs 80.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGPT or AIS?

IGPT is cheaper with a 0.56% expense ratio, compared with 0.75% for AIS.

Which ETF pays a higher dividend yield, IGPT or AIS?

IGPT has the higher dividend yield at 0.01%, compared with 0.00% for AIS.

What is the main difference between IGPT and AIS?

They also come from different issuers: Invesco and VistaShares. Their fees differ too: 0.56% for IGPT and 0.75% for AIS.

Which has better risk-adjusted returns?

AIS currently has the higher Sharpe Ratio (2.64 vs 2.20), 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.