PBOT vs. IGPT
PBOT (Pictet AI & Automation ETF) and IGPT (Invesco AI and Next Gen Software ETF) are both Artificial Intelligence funds. PBOT is actively managed, while IGPT is passively managed. Their correlation of 0.85 suggests significant overlap in exposure. PBOT charges 0.70%/yr vs 0.56%/yr for IGPT.
Performance
PBOT vs. IGPT - Performance Comparison
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Returns By Period
In the year-to-date period, PBOT achieves a 22.92% return, which is significantly lower than IGPT's 54.28% return.
PBOT
- 1D
- -2.30%
- 1M
- -2.27%
- 6M
- 19.50%
- YTD
- 22.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IGPT
- 1D
- -1.68%
- 1M
- -8.71%
- 6M
- 42.16%
- YTD
- 54.28%
- 1Y
- 81.93%
- 3Y*
- 35.94%
- 5Y*
- 12.91%
- 10Y*
- 20.28%
- ALL TIME*
- 15.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.32M | $21.24M | $20.06M | |
| $23.32K | $22.92K | $19.40K |
PBOT vs. IGPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PBOT Pictet AI & Automation ETF | 22.92% | 0.33% |
IGPT Invesco AI and Next Gen Software ETF | 54.28% | 5.28% |
Correlation
The correlation between PBOT and IGPT is 0.85, 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 Oct 16, 2025 | 0.85 |
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Return for Risk
PBOT vs. IGPT — Risk / Return Rank
PBOT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IGPT
PBOT vs. IGPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pictet AI & Automation ETF (PBOT) and Invesco AI and Next Gen Software ETF (IGPT). 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.
| PBOT | IGPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.53 | — |
| Martin ratioReturn relative to average drawdown | — | 14.62 | — |
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Drawdowns
PBOT vs. IGPT - Drawdown Comparison
The maximum PBOT drawdown since its inception was -15.78%, smaller than the maximum IGPT drawdown of -50.14%. Use the drawdown chart below to compare losses from any high point for PBOT and IGPT.
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Drawdown Indicators
| PBOT | IGPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.78% | -50.14% | +34.36% |
Max Drawdown (1Y)Largest decline over 1 year | — | -18.17% | — |
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 | -8.71% | -15.13% | +6.42% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -11.94% | +7.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.62% | — |
Volatility
PBOT vs. IGPT - Volatility Comparison
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Volatility by Period
| PBOT | IGPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 14.20% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 31.78% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 26.94% | 35.80% | -8.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.94% | 29.31% | -2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.94% | 27.15% | -0.21% |
PBOT vs. IGPT - Expense Ratio Comparison
PBOT has a 0.70% expense ratio, which is higher than IGPT's 0.56% expense ratio.
Dividends
PBOT vs. IGPT - Dividend Comparison
PBOT's dividend yield for the trailing twelve months is around 0.08%, more than IGPT's 0.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PBOT Pictet AI & Automation ETF | 0.08% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PBOT and IGPT have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGPT is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGPT is cheaper with a 0.56% expense ratio, compared with 0.70% for PBOT.
PBOT has the higher dividend yield at 0.08%, compared with 0.01% for IGPT.
They also come from different issuers: Pictet and Invesco. Their fees differ too: 0.70% for PBOT and 0.56% for IGPT.
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