IGPT vs. CHPX
IGPT (Invesco AI and Next Gen Software ETF) and CHPX (Global X AI Semiconductor & Quantum ETF) are both Artificial Intelligence funds - IGPT tracks the STOXX World AC NexGen Software Development Index while CHPX tracks the Global X AI Semiconductor & Quantum Index. Both are passively managed. Their correlation of 0.93 means they have usually moved in the same direction. IGPT charges 0.56%/yr vs 0.50%/yr for CHPX.
Performance
IGPT vs. CHPX - Performance Comparison
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Returns By Period
In the year-to-date period, IGPT achieves a 50.51% return, which is significantly lower than CHPX's 63.02% 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%
CHPX
- 1D
- 1.58%
- 1M
- -7.25%
- 6M
- 46.32%
- YTD
- 63.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.58M | $5.12M | $10.03M | |
| $24.39M | $21.86M | $21.83M |
IGPT vs. CHPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IGPT Invesco AI and Next Gen Software ETF | 50.51% | 10.07% |
CHPX Global X AI Semiconductor & Quantum ETF | 63.02% | 6.91% |
Correlation
The correlation between IGPT and CHPX is 0.93, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025 | 0.93 |
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Return for Risk
IGPT vs. CHPX — Risk / Return Rank
IGPT
CHPX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IGPT vs. CHPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) and Global X AI Semiconductor & Quantum ETF (CHPX). 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 | CHPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | — | — |
| Martin ratioReturn relative to average drawdown | 12.33 | — | — |
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Drawdowns
IGPT vs. CHPX - Drawdown Comparison
The maximum IGPT drawdown since its inception was -50.14%, which is greater than CHPX's maximum drawdown of -27.10%. Use the drawdown chart below to compare losses from any high point for IGPT and CHPX.
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Drawdown Indicators
| IGPT | CHPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.14% | -27.10% | -23.04% |
Max Drawdown (1Y)Largest decline over 1 year | -24.74% | — | — |
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 DrawdownCurrent decline from peak | -17.20% | -19.67% | +2.47% |
Average DrawdownAverage peak-to-trough decline | -11.95% | -5.37% | -6.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.56% | — | — |
Volatility
IGPT vs. CHPX - Volatility Comparison
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Volatility by Period
| IGPT | CHPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.42% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 32.86% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 36.96% | 44.88% | -7.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.58% | 44.88% | -15.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.31% | 44.88% | -17.57% |
IGPT vs. CHPX - Expense Ratio Comparison
IGPT has a 0.56% expense ratio, which is higher than CHPX's 0.50% expense ratio.
Dividends
IGPT vs. CHPX - Dividend Comparison
IGPT's dividend yield for the trailing twelve months is around 0.01%, less than CHPX's 0.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHPX Global X AI Semiconductor & Quantum ETF | 0.04% | 0.06% | 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
With a correlation of 0.93, IGPT and CHPX 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.
On fees, CHPX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CHPX is cheaper with a 0.50% expense ratio, compared with 0.56% for IGPT.
CHPX has the higher dividend yield at 0.04%, compared with 0.01% for IGPT.
IGPT tracks STOXX World AC NexGen Software Development Index, while CHPX tracks Global X AI Semiconductor & Quantum Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.56% for IGPT and 0.50% for CHPX.
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