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IGPT vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGPT and QQQ is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.8

Performance

IGPT vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco AI and Next Gen Software ETF (IGPT) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

800.00%1,000.00%1,200.00%1,400.00%1,600.00%NovemberDecember2025FebruaryMarchApril
928.91%
1,373.04%
IGPT
QQQ

Key characteristics

Sharpe Ratio

IGPT:

-0.11

QQQ:

0.47

Sortino Ratio

IGPT:

0.05

QQQ:

0.82

Omega Ratio

IGPT:

1.01

QQQ:

1.11

Calmar Ratio

IGPT:

-0.12

QQQ:

0.52

Martin Ratio

IGPT:

-0.34

QQQ:

1.79

Ulcer Index

IGPT:

10.27%

QQQ:

6.64%

Daily Std Dev

IGPT:

30.76%

QQQ:

25.28%

Max Drawdown

IGPT:

-48.44%

QQQ:

-82.98%

Current Drawdown

IGPT:

-18.11%

QQQ:

-12.28%

Returns By Period

In the year-to-date period, IGPT achieves a -9.90% return, which is significantly lower than QQQ's -7.43% return. Over the past 10 years, IGPT has underperformed QQQ with an annualized return of 13.91%, while QQQ has yielded a comparatively higher 16.91% annualized return.


IGPT

YTD

-9.90%

1M

0.02%

6M

-11.43%

1Y

-5.17%

5Y*

9.84%

10Y*

13.91%

QQQ

YTD

-7.43%

1M

0.77%

6M

-4.30%

1Y

10.31%

5Y*

18.26%

10Y*

16.91%

*Annualized

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IGPT vs. QQQ - Expense Ratio Comparison

IGPT has a 0.60% expense ratio, which is higher than QQQ's 0.20% expense ratio.


Expense ratio chart for IGPT: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IGPT: 0.60%
Expense ratio chart for QQQ: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQ: 0.20%

Risk-Adjusted Performance

IGPT vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGPT
The Risk-Adjusted Performance Rank of IGPT is 1616
Overall Rank
The Sharpe Ratio Rank of IGPT is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of IGPT is 1818
Sortino Ratio Rank
The Omega Ratio Rank of IGPT is 1818
Omega Ratio Rank
The Calmar Ratio Rank of IGPT is 1313
Calmar Ratio Rank
The Martin Ratio Rank of IGPT is 1515
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5959
Overall Rank
The Sharpe Ratio Rank of QQQ is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5959
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5959
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6565
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IGPT vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) and Invesco QQQ (QQQ). 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.


The chart of Sharpe ratio for IGPT, currently valued at -0.11, compared to the broader market-1.000.001.002.003.004.00
IGPT: -0.11
QQQ: 0.47
The chart of Sortino ratio for IGPT, currently valued at 0.05, compared to the broader market-2.000.002.004.006.008.00
IGPT: 0.05
QQQ: 0.82
The chart of Omega ratio for IGPT, currently valued at 1.01, compared to the broader market0.501.001.502.002.50
IGPT: 1.01
QQQ: 1.11
The chart of Calmar ratio for IGPT, currently valued at -0.12, compared to the broader market0.002.004.006.008.0010.0012.00
IGPT: -0.12
QQQ: 0.52
The chart of Martin ratio for IGPT, currently valued at -0.34, compared to the broader market0.0020.0040.0060.00
IGPT: -0.34
QQQ: 1.79

The current IGPT Sharpe Ratio is -0.11, which is lower than the QQQ Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of IGPT and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.11
0.47
IGPT
QQQ

Dividends

IGPT vs. QQQ - Dividend Comparison

IGPT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.63%.


TTM20242023202220212020201920182017201620152014
IGPT
Invesco AI and Next Gen Software ETF
0.00%0.00%0.00%4.23%18.63%0.11%0.15%0.00%0.00%0.09%0.44%0.29%
QQQ
Invesco QQQ
0.63%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

IGPT vs. QQQ - Drawdown Comparison

The maximum IGPT drawdown since its inception was -48.44%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for IGPT and QQQ. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-18.11%
-12.28%
IGPT
QQQ

Volatility

IGPT vs. QQQ - Volatility Comparison

Invesco AI and Next Gen Software ETF (IGPT) has a higher volatility of 19.04% compared to Invesco QQQ (QQQ) at 16.86%. This indicates that IGPT's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
19.04%
16.86%
IGPT
QQQ