IGPT vs. GXPT
IGPT (Invesco AI and Next Gen Software ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - IGPT tracks the STOXX World AC NexGen Software Development Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. Their correlation of 0.81 suggests significant overlap in exposure. IGPT charges 0.56%/yr vs 0.15%/yr for GXPT.
Performance
IGPT vs. GXPT - Performance Comparison
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Returns By Period
In the year-to-date period, IGPT achieves a 62.05% return, which is significantly higher than GXPT's 18.92% return.
IGPT
- 1D
- 1.95%
- 1M
- -0.92%
- 6M
- 54.14%
- YTD
- 62.05%
- 1Y
- 95.77%
- 3Y*
- 37.07%
- 5Y*
- 14.91%
- 10Y*
- 21.01%
GXPT
- 1D
- 1.21%
- 1M
- 1.19%
- 6M
- 18.69%
- YTD
- 18.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGPT vs. GXPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IGPT Invesco AI and Next Gen Software ETF | 62.05% | 19.10% |
GXPT Global X PureCap MSCI Information Technology ETF | 18.92% | 11.47% |
Correlation
The correlation between IGPT and GXPT is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.81 |
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Return for Risk
IGPT vs. GXPT — Risk / Return Rank
IGPT
GXPT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IGPT vs. GXPT - 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 PureCap MSCI Information Technology ETF (GXPT). 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 | GXPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.44 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.77 | — | — |
| Martin ratioReturn relative to average drawdown | 19.27 | — | — |
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Drawdowns
IGPT vs. GXPT - Drawdown Comparison
The maximum IGPT drawdown since its inception was -50.14%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for IGPT and GXPT.
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Drawdown Indicators
| IGPT | GXPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.14% | -18.74% | -31.40% |
Max Drawdown (1Y)Largest decline over 1 year | -16.68% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -29.30% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -42.87% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.14% | — | — |
Current DrawdownCurrent decline from peak | -10.86% | -7.11% | -3.75% |
Average DrawdownAverage peak-to-trough decline | -11.94% | -5.24% | -6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.99% | — | — |
Volatility
IGPT vs. GXPT - Volatility Comparison
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Volatility by Period
| IGPT | GXPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.70% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 31.05% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 34.95% | 22.96% | +11.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.13% | 22.96% | +6.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 22.96% | +4.10% |
IGPT vs. GXPT - Expense Ratio Comparison
IGPT has a 0.56% expense ratio, which is higher than GXPT's 0.15% expense ratio.
Dividends
IGPT vs. GXPT - Dividend Comparison
IGPT's dividend yield for the trailing twelve months is around 0.01%, less than GXPT's 0.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXPT Global X PureCap MSCI Information Technology ETF | 0.22% | 0.14% | 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
IGPT and GXPT have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPT is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPT is cheaper with a 0.15% expense ratio, compared with 0.56% for IGPT.
GXPT has the higher dividend yield at 0.22%, compared with 0.01% for IGPT.
IGPT tracks STOXX World AC NexGen Software Development Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.56% for IGPT and 0.15% for GXPT.
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