IGPT vs. IBLC
IGPT (Invesco AI and Next Gen Software ETF) and IBLC (iShares Blockchain and Tech ETF) are both exchange-traded funds - IGPT is a Artificial Intelligence fund tracking the STOXX World AC NexGen Software Development Index, while IBLC is a Cryptocurrency fund tracking the ICE FactSet Global Blockchain Technologies Index. Both are passively managed. Over the past 3 years, IGPT returned 39.31%/yr vs 30.76%/yr for IBLC. Their 0.66 correlation means they have sometimes moved together and sometimes differently. IGPT charges 0.56%/yr vs 0.47%/yr for IBLC.
Performance
IGPT vs. IBLC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGPT achieves a 54.99% return, which is significantly higher than IBLC's 6.96% return.
IGPT
- 1D
- -1.88%
- 1M
- -6.08%
- 6M
- 50.29%
- YTD
- 54.99%
- 1Y
- 83.56%
- 3Y*
- 39.31%
- 5Y*
- 13.46%
- 10Y*
- 20.17%
- ALL TIME*
- 15.20%
IBLC
- 1D
- -2.67%
- 1M
- -7.92%
- 6M
- 15.03%
- YTD
- 6.96%
- 1Y
- 15.61%
- 3Y*
- 30.76%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $433.72K | $478.48K | $755.73K | |
| $23.66M | $21.65M | $21.95M |
IGPT vs. IBLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IGPT Invesco AI and Next Gen Software ETF | 54.99% | 31.55% | 17.15% | 27.29% | -7.55% |
IBLC iShares Blockchain and Tech ETF | 6.96% | 27.05% | 18.58% | 201.47% | -58.93% |
Correlation
The correlation between IGPT and IBLC is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2022 | 0.66 |
The correlation between IGPT and IBLC has been stable across timeframes, ranging from 0.62 to 0.66 - a consistent structural relationship.
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. IBLC — Risk / Return Rank
IGPT
IBLC
IGPT vs. IBLC - 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 Blockchain and Tech ETF (IBLC). 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 | IBLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.99 | ||
| Sortino ratioReturn per unit of downside risk | +1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.09 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 0.35 | +3.05 |
| Martin ratioReturn relative to average drawdown | 12.56 | 0.64 | +11.93 |
Loading charts...
Drawdowns
IGPT vs. IBLC - Drawdown Comparison
The maximum IGPT drawdown since its inception was -50.14%, smaller than the maximum IBLC drawdown of -62.54%. Use the drawdown chart below to compare losses from any high point for IGPT and IBLC.
Loading charts...
Drawdown Indicators
| IGPT | IBLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.14% | -62.54% | +12.40% |
Max Drawdown (1Y)Largest decline over 1 year | -24.74% | -44.94% | +20.20% |
Max Drawdown (3Y)Largest decline over 3 years | -29.30% | -51.68% | +22.38% |
Max Drawdown (5Y)Largest decline over 5 years | -41.73% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.14% | — | — |
Current DrawdownCurrent decline from peak | -14.74% | -29.68% | +14.94% |
Average DrawdownAverage peak-to-trough decline | -11.95% | -25.79% | +13.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.67% | 24.63% | -17.96% |
Volatility
IGPT vs. IBLC - Volatility Comparison
The current volatility for Invesco AI and Next Gen Software ETF (IGPT) is 14.64%, while iShares Blockchain and Tech ETF (IBLC) has a volatility of 18.70%. This indicates that IGPT experiences smaller price fluctuations and is considered to be less risky than IBLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGPT | IBLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.64% | 18.70% | -4.06% |
Volatility (6M)Calculated over the trailing 6-month period | 33.15% | 43.22% | -10.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.20% | 57.36% | -20.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.66% | 64.43% | -34.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.36% | 64.43% | -37.07% |
IGPT vs. IBLC - Expense Ratio Comparison
IGPT has a 0.56% expense ratio, which is higher than IBLC's 0.47% expense ratio.
Dividends
IGPT vs. IBLC - Dividend Comparison
IGPT's dividend yield for the trailing twelve months is around 0.01%, less than IBLC's 5.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBLC iShares Blockchain and Tech ETF | 5.85% | 6.31% | 1.60% | 1.79% | 0.84% | 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 IBLC have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBLC has higher volatility (18.70%) compared to IGPT (14.64%). In terms of maximum drawdown, IGPT dropped -50.14% vs IBLC's -62.54%.
On 3-year performance, IGPT leads with 39.31% vs 30.76% for IBLC. On fees, IBLC is cheaper at 0.47% per year. On volatility, IGPT has been the lower-risk option at 14.64%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IGPT has performed better with a 39.31% return vs 30.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBLC is cheaper with a 0.47% expense ratio, compared with 0.56% for IGPT.
IBLC has the higher dividend yield at 5.85%, compared with 0.01% for IGPT.
IGPT is categorized as Artificial Intelligence, while IBLC is Cryptocurrency. IGPT tracks STOXX World AC NexGen Software Development Index, while IBLC tracks ICE FactSet Global Blockchain Technologies Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.56% for IGPT and 0.47% for IBLC.
IGPT currently has the higher Sharpe Ratio (2.26 vs 0.27), 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 IBLC
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