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

Performance

IGPT vs. XLG - 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 S&P 500® Top 50 ETF (XLG). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
4.69%
14.23%
IGPT
XLG

Returns By Period

In the year-to-date period, IGPT achieves a 22.53% return, which is significantly lower than XLG's 31.02% return. Over the past 10 years, IGPT has outperformed XLG with an annualized return of 16.50%, while XLG has yielded a comparatively lower 14.89% annualized return.


IGPT

YTD

22.53%

1M

2.96%

6M

4.69%

1Y

30.94%

5Y (annualized)

12.52%

10Y (annualized)

16.50%

XLG

YTD

31.02%

1M

1.03%

6M

14.23%

1Y

34.86%

5Y (annualized)

18.37%

10Y (annualized)

14.89%

Key characteristics


IGPTXLG
Sharpe Ratio1.362.40
Sortino Ratio1.893.15
Omega Ratio1.241.44
Calmar Ratio1.133.13
Martin Ratio4.5912.97
Ulcer Index6.91%2.73%
Daily Std Dev23.35%14.74%
Max Drawdown-48.44%-52.39%
Current Drawdown-4.92%-1.41%

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IGPT vs. XLG - Expense Ratio Comparison

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


IGPT
Invesco AI and Next Gen Software ETF
Expense ratio chart for IGPT: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for XLG: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.00.7

The correlation between IGPT and XLG is 0.75, 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.

Risk-Adjusted Performance

IGPT vs. XLG - 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 S&P 500® Top 50 ETF (XLG). 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.


Sharpe ratio
The chart of Sharpe ratio for IGPT, currently valued at 1.36, compared to the broader market0.002.004.001.362.40
The chart of Sortino ratio for IGPT, currently valued at 1.89, compared to the broader market-2.000.002.004.006.008.0010.0012.001.893.15
The chart of Omega ratio for IGPT, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.241.44
The chart of Calmar ratio for IGPT, currently valued at 1.13, compared to the broader market0.005.0010.0015.001.133.13
The chart of Martin ratio for IGPT, currently valued at 4.59, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.5912.97
IGPT
XLG

The current IGPT Sharpe Ratio is 1.36, which is lower than the XLG Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of IGPT and XLG, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.36
2.40
IGPT
XLG

Dividends

IGPT vs. XLG - Dividend Comparison

IGPT has not paid dividends to shareholders, while XLG's dividend yield for the trailing twelve months is around 0.73%.


TTM20232022202120202019201820172016201520142013
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%0.00%
XLG
Invesco S&P 500® Top 50 ETF
0.73%0.97%1.34%0.94%1.25%1.58%2.00%1.85%2.00%2.09%1.97%1.97%

Drawdowns

IGPT vs. XLG - Drawdown Comparison

The maximum IGPT drawdown since its inception was -48.44%, smaller than the maximum XLG drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for IGPT and XLG. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.92%
-1.41%
IGPT
XLG

Volatility

IGPT vs. XLG - Volatility Comparison

Invesco AI and Next Gen Software ETF (IGPT) has a higher volatility of 6.72% compared to Invesco S&P 500® Top 50 ETF (XLG) at 4.76%. This indicates that IGPT's price experiences larger fluctuations and is considered to be riskier than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.72%
4.76%
IGPT
XLG