XAIX vs. IGPT

Last updated Jul 14, 2026

XAIX (Xtrackers Artificial Intelligence and Big Data ETF) and IGPT (Invesco AI and Next Gen Software ETF) are both Technology Equities funds - XAIX tracks the Nasdaq Global Artificial Intelligence and Big Data Index while IGPT tracks the STOXX World AC NexGen Software Development Index. Both are passively managed. Over the past year, XAIX returned 42.95% vs 92.09% for IGPT. Their correlation of 0.91 suggests significant overlap in exposure. XAIX charges 0.35%/yr vs 0.56%/yr for IGPT.

Performance

XAIX vs. IGPT - Performance Comparison

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

Returns By Period

In the year-to-date period, XAIX achieves a 26.22% return, which is significantly lower than IGPT's 58.95% return.

XAIX

• 1D: -2.92%
• 1M: -3.42%
• 6M: 22.58%
• YTD: 26.22%
• 1Y: 42.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGPT

• 1D: -4.48%
• 1M: -2.81%
• 6M: 50.96%
• YTD: 58.95%
• 1Y: 92.09%
• 3Y*: 36.19%
• 5Y*: 14.22%
• 10Y*: 20.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XAIX vs. IGPT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XAIX Xtrackers Artificial Intelligence and Big Data ETF	26.22%	29.05%	15.21%
IGPT Invesco AI and Next Gen Software ETF	58.95%	31.55%	4.43%

Correlation

The correlation between XAIX and IGPT is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024	0.91

The correlation between XAIX and IGPT has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

XAIX vs. IGPT - Sectors Allocation Comparison

Sectors	XAIX	IGPT
Technology	77.4%	78.9%
Communication Services	11.3%	13.2%
Consumer Cyclical	7.1%	-
Financial Services	4.0%	0.1%
Industrials	0.1%	2.5%
Healthcare	0.0%	2.5%
Consumer Defensive	0.0%	-
Basic Materials	0.0%	-
Energy	0.0%	-
Utilities	0.0%	-
Real Estate	-	2.9%

Return for Risk

XAIX vs. IGPT — Risk / Return Rank

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

XAIX

XAIX Risk / Return Rank: 66
XAIX Sharpe Ratio Rank: 67
XAIX Sortino Ratio Rank: 60
XAIX Omega Ratio Rank: 64
XAIX Calmar Ratio Rank: 75
XAIX Martin Ratio Rank: 66

IGPT

IGPT Risk / Return Rank: 91
IGPT Sharpe Ratio Rank: 93
IGPT Sortino Ratio Rank: 86
IGPT Omega Ratio Rank: 88
IGPT Calmar Ratio Rank: 94
IGPT Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XAIX vs. IGPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Artificial Intelligence and Big Data ETF (XAIX) 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.

	XAIX	IGPT	Difference
Sharpe ratio: Return per unit of total volatility	1.73	2.65	-0.93
Sortino ratio: Return per unit of downside risk	2.26	3.09	-0.83
Omega ratio: Gain probability vs. loss probability	1.31	1.43	-0.12
Calmar ratio: Return relative to maximum drawdown	3.08	5.55	-2.47
Martin ratio: Return relative to average drawdown	9.39	18.70	-9.31

XAIX vs. IGPT - Sharpe Ratio Comparison

The current XAIX Sharpe Ratio is 1.73, which is lower than the IGPT Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of XAIX and IGPT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XAIX vs. IGPT - Drawdown Comparison

The maximum XAIX drawdown since its inception was -23.95%, smaller than the maximum IGPT drawdown of -50.14%. Use the drawdown chart below to compare losses from any high point for XAIX and IGPT.

Drawdown Indicators

	XAIX	IGPT	Difference
Max Drawdown Largest peak-to-trough decline	-23.95%	-50.14%	+26.19%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-16.68%	+2.67%
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 Drawdown Current decline from peak	-11.13%	-12.56%	+1.43%
Average Drawdown Average peak-to-trough decline	-3.71%	-11.94%	+8.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.59%	4.94%	-0.35%

Volatility

XAIX vs. IGPT - Volatility Comparison

The current volatility for Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is 11.70%, while Invesco AI and Next Gen Software ETF (IGPT) has a volatility of 17.85%. This indicates that XAIX experiences smaller price fluctuations and is considered to be less risky than IGPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XAIX	IGPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.70%	17.85%	-6.15%
Volatility (6M) Calculated over the trailing 6-month period	22.39%	31.02%	-8.63%
Volatility (1Y) Calculated over the trailing 1-year period	25.06%	34.98%	-9.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.98%	29.13%	-4.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.98%	27.06%	-2.08%

XAIX vs. IGPT - Expense Ratio Comparison

XAIX has a 0.35% expense ratio, which is lower than IGPT's 0.56% expense ratio.

Dividends

XAIX vs. IGPT - Dividend Comparison

XAIX's dividend yield for the trailing twelve months is around 0.41%, 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%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.41%	0.54%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XAIX and IGPT in my portfolio?

With a correlation of 0.91, XAIX and IGPT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, XAIX or IGPT?

IGPT has higher volatility (17.85%) compared to XAIX (11.70%). In terms of maximum drawdown, XAIX dropped -23.95% vs IGPT's -50.14%.

Which ETF is better, XAIX or IGPT?

On 1-year performance, IGPT leads with 92.09% vs 42.95% for XAIX. On fees, XAIX is cheaper at 0.35% per year. On volatility, XAIX has been the lower-risk option at 11.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XAIX or IGPT?

Over the 1-year period, IGPT has performed better with a 92.09% return vs 42.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XAIX or IGPT?

XAIX is cheaper with a 0.35% expense ratio, compared with 0.56% for IGPT.

Which ETF pays a higher dividend yield, XAIX or IGPT?

XAIX has the higher dividend yield at 0.41%, compared with 0.01% for IGPT.

What is the main difference between XAIX and IGPT?

XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index, while IGPT tracks STOXX World AC NexGen Software Development Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.35% for XAIX and 0.56% for IGPT.

Which has better risk-adjusted returns?

IGPT currently has the higher Sharpe Ratio (2.65 vs 1.73), 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.