IGPT vs. GNXIX
Compare and contrast key facts about Invesco AI and Next Gen Software ETF (IGPT) and AlphaCentric Robotics and Automation Fund (GNXIX).
IGPT is a passively managed fund by Invesco that tracks the performance of the STOXX World AC NexGen Software Development Index. It was launched on Jun 23, 2005. GNXIX is managed by AlphaCentric Funds. It was launched on May 30, 2017.
Performance
IGPT vs. GNXIX - Performance Comparison
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IGPT vs. GNXIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGPT Invesco AI and Next Gen Software ETF | -0.03% | 31.55% | 17.15% | 27.29% | -27.73% | -11.79% | 54.31% | 35.06% | 16.38% | 10.20% |
GNXIX AlphaCentric Robotics and Automation Fund | -10.82% | 22.71% | 24.96% | 7.21% | -32.53% | 5.95% | 40.26% | 27.85% | -18.74% | 20.66% |
Returns By Period
In the year-to-date period, IGPT achieves a -0.03% return, which is significantly higher than GNXIX's -10.82% return.
IGPT
- 1D
- 2.39%
- 1M
- -6.26%
- YTD
- -0.03%
- 6M
- 8.60%
- 1Y
- 45.43%
- 3Y*
- 20.71%
- 5Y*
- 3.72%
- 10Y*
- 16.31%
GNXIX
- 1D
- 6.14%
- 1M
- -13.08%
- YTD
- -10.82%
- 6M
- -16.93%
- 1Y
- 32.95%
- 3Y*
- 11.31%
- 5Y*
- 0.29%
- 10Y*
- —
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IGPT vs. GNXIX - Expense Ratio Comparison
IGPT has a 0.60% expense ratio, which is lower than GNXIX's 1.40% expense ratio.
Return for Risk
IGPT vs. GNXIX — Risk / Return Rank
IGPT
GNXIX
IGPT vs. GNXIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) and AlphaCentric Robotics and Automation Fund (GNXIX). 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.
| IGPT | GNXIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 0.87 | +0.63 |
Sortino ratioReturn per unit of downside risk | 2.11 | 1.40 | +0.72 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.16 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 2.81 | 0.96 | +1.85 |
Martin ratioReturn relative to average drawdown | 10.22 | 2.75 | +7.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IGPT | GNXIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 0.87 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.01 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.30 | +0.22 |
Correlation
The correlation between IGPT and GNXIX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IGPT vs. GNXIX - Dividend Comparison
IGPT's dividend yield for the trailing twelve months is around 0.04%, less than GNXIX's 1.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGPT Invesco AI and Next Gen Software ETF | 0.04% | 0.04% | 0.00% | 0.00% | 1.41% | 6.21% | 0.04% | 0.05% | 0.00% | 0.00% | 0.03% | 0.15% |
GNXIX AlphaCentric Robotics and Automation Fund | 1.34% | 1.19% | 0.00% | 0.00% | 5.18% | 4.23% | 0.00% | 0.00% | 3.38% | 1.85% | 0.00% | 0.00% |
Drawdowns
IGPT vs. GNXIX - Drawdown Comparison
The maximum IGPT drawdown since its inception was -50.14%, which is greater than GNXIX's maximum drawdown of -46.17%. Use the drawdown chart below to compare losses from any high point for IGPT and GNXIX.
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Drawdown Indicators
| IGPT | GNXIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.14% | -46.17% | -3.97% |
Max Drawdown (1Y)Largest decline over 1 year | -16.68% | -30.56% | +13.88% |
Max Drawdown (5Y)Largest decline over 5 years | -45.59% | -45.91% | +0.32% |
Max Drawdown (10Y)Largest decline over 10 years | -50.14% | — | — |
Current DrawdownCurrent decline from peak | -10.74% | -26.30% | +15.56% |
Average DrawdownAverage peak-to-trough decline | -12.05% | -17.19% | +5.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.59% | 10.67% | -6.08% |
Volatility
IGPT vs. GNXIX - Volatility Comparison
The current volatility for Invesco AI and Next Gen Software ETF (IGPT) is 11.29%, while AlphaCentric Robotics and Automation Fund (GNXIX) has a volatility of 12.67%. This indicates that IGPT experiences smaller price fluctuations and is considered to be less risky than GNXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGPT | GNXIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.29% | 12.67% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 21.40% | 30.73% | -9.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.46% | 37.92% | -7.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.89% | 26.53% | +0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.84% | 23.84% | +2.00% |