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IGPT vs TEK

Invesco AI and Next Gen Software ETF vs iShares Technology Opportunities Active ETF

IGPT

Invesco AI and Next Gen Software ETF

Invesco

Annual cost

0.56%

Fund size

$875M

TEK

iShares Technology Opportunities Active ETF

BlackRock

Annual cost

0.75%

Fund size

$37M

Key differences

  • IGPT costs 0.19% less per year.
  • IGPT is significantly larger than TEK — larger funds tend to be more liquid and less likely to close.
  • IGPT follows a index tracking strategy; TEK uses active selection.
  • IGPT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IGPTTEK
Annual cost (TER)0.56%0.75%
Fund size (AUM)$875M$37M
Since20052024
Dividend yield0.03%1.37%
Asset classequityequity
Regionglobal
Strategyindex trackingactive selection
CAGR 1Y+119.4%+64.4%
CAGR 3Y+42.7%N/A
CAGR 5Y+15.6%N/A
Sharpe 3Y1.32N/A
Volatility 1Y28.47%25.50%
Max drawdown-50.14%-28.24%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to IGPT and TEK