IGPTInvesco AI and Next Gen Software ETF

Grow my money20y track recordRanked #653 of 2,960 in this goal

Seeks to track the investment results of the STOXX World AC NexGen Software Development Index.

By Invesco · Launched 2005

Annual Cost

0.56%

#2,867 of 5,562 · average

Fund Size

$1.2B

#1,012 of 5,562 · large

Return (1Y)Goal

+128.2%

Track Record

20 years

#232 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$21,883+118.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Sector

Information technology

Focus

Artificial Intelligence

Index tracked

STOXX World AC NexGen Software Development Index

What it actually holds

By weight

Concentration

Top 10 holdings = 61.1% of fundconcentrated

Micron Technology, Inc.

11.0%

Meta Platforms, Inc.

8.0%

Alphabet Inc.

7.9%

Advanced Micro Devices, Inc.

7.8%

SK hynix Inc.

7.8%

NVIDIA Corp.

4.8%

Intuitive Surgical, Inc.

3.8%

Intel Corp.

3.7%

QUALCOMM Inc.

3.3%

Adobe Inc.

2.9%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

78.9%

Communication

13.2%

Real Estate

2.9%

Healthcare

2.5%

Industrials

2.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

32.3%High

Year-on-year price swings

Max drawdown

-50.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.28Strong risk-adjusted returns

Sortino (3Y)

1.93Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of the STOXX World AC NexGen Software Development Index.
Strategy: Invests primarily in securities of companies included in the STOXX World AC NexGen Software Development Index, which focuses on next generation software themes, including AI and robotics. Employs full replication methodology.
Inception date: June 23, 2005
Fund family: Invesco