IGPT vs. BAMU
IGPT (Invesco AI and Next Gen Software ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - IGPT is a Technology Equities fund tracking the STOXX World AC NexGen Software Development Index, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. IGPT is passively managed, while BAMU is actively managed. Over the past year, IGPT returned 115.70% vs 2.87% for BAMU. At a correlation of -0.00, they often move in opposite directions. IGPT charges 0.56%/yr vs 1.09%/yr for BAMU.
Performance
IGPT vs. BAMU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGPT achieves a 68.99% return, which is significantly higher than BAMU's 1.18% return.
IGPT
- 1D
- -7.04%
- 1M
- 9.45%
- YTD
- 68.99%
- 6M
- 69.36%
- 1Y
- 115.70%
- 3Y*
- 42.39%
- 5Y*
- 14.53%
- 10Y*
- 22.51%
BAMU
- 1D
- 0.00%
- 1M
- 0.16%
- YTD
- 1.18%
- 6M
- 1.29%
- 1Y
- 2.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGPT vs. BAMU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IGPT Invesco AI and Next Gen Software ETF | 68.99% | 31.55% | 17.15% | 21.94% |
BAMU Brookstone Ultra-Short Bond ETF | 1.18% | 3.21% | 4.14% | 1.20% |
Correlation
The correlation between IGPT and BAMU is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2023 | -0.00 |
The correlation between IGPT and BAMU shifts across timeframes, from -0.15 (1 year) to -0.00 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGPT vs. BAMU — Risk / Return Rank
IGPT
BAMU
IGPT vs. BAMU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) and Brookstone Ultra-Short Bond ETF (BAMU). 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 | BAMU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -4.84 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 2.41 | -0.85 |
| Calmar ratioReturn relative to maximum drawdown | 6.98 | 24.37 | -17.40 |
| Martin ratioReturn relative to average drawdown | 25.88 | 96.52 | -70.65 |
Loading charts...
Drawdowns
IGPT vs. BAMU - Drawdown Comparison
The maximum IGPT drawdown since its inception was -50.14%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for IGPT and BAMU.
Loading charts...
Drawdown Indicators
| IGPT | BAMU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.14% | -0.36% | -49.78% |
Max Drawdown (1Y)Largest decline over 1 year | -16.68% | -0.12% | -16.56% |
Max Drawdown (3Y)Largest decline over 3 years | -29.30% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -44.87% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.14% | — | — |
Current DrawdownCurrent decline from peak | -7.04% | 0.00% | -7.04% |
Average DrawdownAverage peak-to-trough decline | -11.94% | -0.02% | -11.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 0.03% | +4.46% |
Volatility
IGPT vs. BAMU - Volatility Comparison
Invesco AI and Next Gen Software ETF (IGPT) has a higher volatility of 19.26% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.09%. This indicates that IGPT's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGPT | BAMU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.26% | 0.09% | +19.17% |
Volatility (6M)Calculated over the trailing 6-month period | 28.98% | 0.39% | +28.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.13% | 0.58% | +32.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.71% | 0.87% | +27.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.86% | 0.87% | +25.99% |
IGPT vs. BAMU - Expense Ratio Comparison
IGPT has a 0.56% expense ratio, which is lower than BAMU's 1.09% expense ratio.
Dividends
IGPT vs. BAMU - Dividend Comparison
IGPT's dividend yield for the trailing twelve months is around 0.01%, less than BAMU's 3.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAMU Brookstone Ultra-Short Bond ETF | 3.05% | 3.20% | 3.97% | 0.84% | 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
IGPT and BAMU have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGPT has higher volatility (19.26%) compared to BAMU (0.09%). In terms of maximum drawdown, IGPT dropped -50.14% vs BAMU's -0.36%.
On 1-year performance, IGPT leads with 115.70% vs 2.87% for BAMU. On fees, IGPT is cheaper at 0.56% per year. On volatility, BAMU has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IGPT has performed better with a 115.70% return vs 2.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGPT is cheaper with a 0.56% expense ratio, compared with 1.09% for BAMU.
BAMU has the higher dividend yield at 3.05%, compared with 0.01% for IGPT.
IGPT is categorized as Technology Equities, while BAMU is Ultrashort Bond. They also come from different issuers: Invesco and Brookstone. Their fees differ too: 0.56% for IGPT and 1.09% for BAMU.
BAMU currently has the higher Sharpe Ratio (4.94 vs 3.51), 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.
Find the right allocation for IGPT and BAMU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer