IGPT vs. VPN
Compare and contrast key facts about Invesco AI and Next Gen Software ETF (IGPT) and Global X Data Center REITs & Digital Infrastructure ETF (VPN).
IGPT and VPN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VPN is a passively managed fund by Global X that tracks the performance of the Solactive Data Center REITs & Digital Infrastructure Index. It was launched on Oct 27, 2020. Both IGPT and VPN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGPT or VPN.
Key characteristics
| IGPT | VPN | |
|---|---|---|
| YTD Return | 23.57% | 19.55% |
| 1Y Return | 41.24% | 35.44% |
| 3Y Return (Ann) | 5.17% | 1.13% |
| Sharpe Ratio | 1.75 | 1.92 |
| Sortino Ratio | 2.34 | 2.77 |
| Omega Ratio | 1.30 | 1.33 |
| Calmar Ratio | 1.32 | 1.26 |
| Martin Ratio | 5.99 | 7.26 |
| Ulcer Index | 6.82% | 4.78% |
| Daily Std Dev | 23.39% | 18.06% |
| Max Drawdown | -48.44% | -39.01% |
| Current Drawdown | -4.12% | -2.08% |
Correlation
The correlation between IGPT and VPN 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.
Performance
IGPT vs. VPN - Performance Comparison
In the year-to-date period, IGPT achieves a 23.57% return, which is significantly higher than VPN's 19.55% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IGPT vs. VPN - Expense Ratio Comparison
IGPT has a 0.60% expense ratio, which is higher than VPN's 0.50% expense ratio.
Risk-Adjusted Performance
IGPT vs. VPN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) and Global X Data Center REITs & Digital Infrastructure ETF (VPN). 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.
Dividends
IGPT vs. VPN - Dividend Comparison
IGPT has not paid dividends to shareholders, while VPN's dividend yield for the trailing twelve months is around 1.17%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IGPT Invesco AI and Next Gen Software ETF | 0.00% | 0.00% | 4.23% | 18.63% | 0.11% | 0.15% | 0.00% | 0.00% | 0.10% | 0.44% | 0.29% |
VPN Global X Data Center REITs & Digital Infrastructure ETF | 1.17% | 1.18% | 2.57% | 0.85% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IGPT vs. VPN - Drawdown Comparison
The maximum IGPT drawdown since its inception was -48.44%, which is greater than VPN's maximum drawdown of -39.01%. Use the drawdown chart below to compare losses from any high point for IGPT and VPN. For additional features, visit the drawdowns tool.
Volatility
IGPT vs. VPN - Volatility Comparison
Invesco AI and Next Gen Software ETF (IGPT) has a higher volatility of 6.61% compared to Global X Data Center REITs & Digital Infrastructure ETF (VPN) at 5.93%. This indicates that IGPT's price experiences larger fluctuations and is considered to be riskier than VPN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.