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IGPT vs. ARTY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IGPT vs. ARTY

Last updated Aug 4, 2026
Documentation

IGPT (Invesco AI and Next Gen Software ETF) and ARTY (iShares Future AI & Tech ETF) are both Artificial Intelligence funds - IGPT tracks the STOXX World AC NexGen Software Development Index while ARTY tracks the Morningstar Global Artificial Intelligence Select Index (Net). Both are passively managed. Over the past 5 years, IGPT returned 12.94%/yr vs 10.52%/yr for ARTY. Their correlation of 0.86 means they have usually moved in the same direction. IGPT charges 0.56%/yr vs 0.47%/yr for ARTY.

Performance

IGPT vs. ARTY - Performance Comparison

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

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Returns By Period

In the year-to-date period, IGPT achieves a 50.51% return, which is significantly higher than ARTY's 43.11% 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%

ARTY

1D
3.39%
1M
-3.07%
6M
32.62%
YTD
43.11%
1Y
63.16%
3Y*
28.37%
5Y*
10.52%
10Y*
—
ALL TIME*
15.10%
*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
$35.64M$36.90M$59.33M

IGPT

Invesco AI and Next Gen Software ETF
$24.39M$21.86M$21.83M

IGPT vs. ARTY - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
IGPT
Invesco AI and Next Gen Software ETF		50.51%31.55%17.15%27.29%-27.73%-11.79%54.31%35.06%-1.08%
ARTY
iShares Future AI & Tech ETF		43.11%29.97%8.02%36.37%-37.89%6.32%48.85%34.47%-13.76%

Correlation

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

IGPT vs. ARTY - Sectors Allocation Comparison

Sectors
IGPT
ARTY

Technology

76.6%
87.8%

Communication Services

16.9%
3.0%

Real Estate

2.4%
1.4%

Healthcare

2.1%
0.9%

Industrials

2.0%
5.3%

Consumer Cyclical

0.1%

-

Financial Services

0.1%
0.7%

Basic Materials

-

-

Consumer Defensive

-

-

Energy

-

-

Utilities

-

1.6%

Technology

IGPT
76.6%
ARTY
87.8%

Communication Services

IGPT
16.9%
ARTY
3.0%

Real Estate

IGPT
2.4%
ARTY
1.4%

Healthcare

IGPT
2.1%
ARTY
0.9%

Industrials

IGPT
2.0%
ARTY
5.3%

Consumer Cyclical

IGPT
0.1%
ARTY

-

Financial Services

IGPT
0.1%
ARTY
0.7%

Basic Materials

IGPT

-

ARTY

-

Consumer Defensive

IGPT

-

ARTY

-

Energy

IGPT

-

ARTY

-

Utilities

IGPT

-

ARTY
1.6%

Compare stocks, funds, or ETFs

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

Invesco AI and Next Gen Software ETF

iShares Future AI & Tech ETF

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

Return for Risk

IGPT vs. ARTY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IGPT
IGPT Risk / Return Rank: 8484
Overall Rank
IGPT Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
IGPT Sortino Ratio Rank: 8181
Sortino Ratio Rank
IGPT Omega Ratio Rank: 8282
Omega Ratio Rank
IGPT Calmar Ratio Rank: 8585
Calmar Ratio Rank
IGPT Martin Ratio Rank: 8585
Martin Ratio Rank
ARTY
ARTY Risk / Return Rank: 6969
Overall Rank
ARTY Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
ARTY Sortino Ratio Rank: 6464
Sortino Ratio Rank
ARTY Omega Ratio Rank: 6565
Omega Ratio Rank
ARTY Calmar Ratio Rank: 7474
Calmar Ratio Rank
ARTY Martin Ratio Rank: 6868
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.

IGPT vs. ARTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) and iShares Future AI & Tech ETF (ARTY). 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.

IGPTARTYDifference
Sharpe ratioReturn per unit of total volatility
2.20
1.70

+0.50

Sortino ratioReturn per unit of downside risk
2.69
2.18

+0.51

Omega ratioGain probability vs. loss probability

1.36

1.28

+0.08

Calmar ratioReturn relative to maximum drawdown

3.27

2.64

+0.63

Martin ratioReturn relative to average drawdown

12.33

8.49

+3.83

IGPT vs. ARTY - Sharpe Ratio Comparison

The current IGPT Sharpe Ratio is 2.20, which is comparable to the ARTY Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of IGPT and ARTY, 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

IGPT vs. ARTY - Drawdown Comparison

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

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Drawdown Indicators

IGPTARTYDifference

Max Drawdown

Largest peak-to-trough decline

-50.14%

-54.50%

+4.36%

Max Drawdown (1Y)

Largest decline over 1 year

-24.74%

-24.00%

-0.74%

Max Drawdown (3Y)

Largest decline over 3 years

-29.30%

-32.44%

+3.14%

Max Drawdown (5Y)

Largest decline over 5 years

-42.04%

-50.53%

+8.49%

Max Drawdown (10Y)

Largest decline over 10 years

-50.14%

—

—

Current Drawdown

Current decline from peak

-17.20%

-14.61%

-2.59%

Average Drawdown

Average peak-to-trough decline

-11.95%

-19.68%

+7.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.56%

7.46%

-0.90%

Volatility

IGPT vs. ARTY - Volatility Comparison

Invesco AI and Next Gen Software ETF (IGPT) and iShares Future AI & Tech ETF (ARTY) have volatilities of 14.42% and 14.41%, 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

IGPTARTYDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.42%

14.41%

+0.01%

Volatility (6M)

Calculated over the trailing 6-month period

32.86%

33.09%

-0.23%

Volatility (1Y)

Calculated over the trailing 1-year period

36.96%

37.42%

-0.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.58%

30.34%

-0.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.31%

28.65%

-1.34%

IGPT vs. ARTY - Expense Ratio Comparison

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

Dividends

IGPT vs. ARTY - Dividend Comparison

IGPT's dividend yield for the trailing twelve months is around 0.01%, less than ARTY's 0.06% yield.

PositionTTM20252024202320222021202020192018201720162015
ARTY
iShares Future AI & Tech ETF		0.06%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, IGPT and ARTY 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 (14.42%) compared to ARTY (14.41%). In terms of maximum drawdown, IGPT dropped -50.14% vs ARTY's -54.50%.

On 5-year performance, IGPT leads with 12.94% vs 10.52% for ARTY. On fees, ARTY is cheaper at 0.47% per year. Their volatility is very similar. 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 12.94% return vs 10.52%. 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 0.06%, compared with 0.01% for IGPT.

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

IGPT currently has the higher Sharpe Ratio (2.20 vs 1.70), 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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