AI ETF NYSEARCA: IGPT Invesco

Invesco AI and Next Gen Software ETF (IGPT)

Invesco's AI software powerhouse — 102 global holdings targeting next-gen AI & software leaders.

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✓ Reviewed by Get AI Decoded Editorial Team Updated April 2026

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Key Fund Stats

0.56%

Expense Ratio

Annual fee charged by the fund

$0.67B

Assets Under Management

Total fund AUM as of April 2026

102

Holdings

Number of positions in the fund

2005

Inception Year

Year the fund launched

+null%

YTD Return

Year-to-date · live

+45.35%

1-Year Return

Trailing 12 months · live

—

52-Week Range

Low — High (live)

4/5

AI Exposure Score

Strong AI exposure with some diversification.

⚡⚡⚡⚡⚡

⚡ About AI Exposure Score: Reflects how heavily this ETF tilts toward AI and automation revenue. 5 = nearly all holdings are AI-driven. 1 = AI is a minor theme. Editorial assessment — not a buy/sell signal.

What is IGPT?

The Invesco AI and Next Gen Software ETF (IGPT) tracks the STOXX World AC NexGen Software Development Index, selecting companies that derive more than 50% of revenues from AI-driven software and next-generation technology development. With $667M+ AUM and over 102 holdings spanning AMD, Alphabet, NVIDIA, Micron, and Meta, IGPT provides broad AI exposure at a competitive 0.56% expense ratio.

IGPT is one of the more established AI ETFs having launched in 2005 — well before the current AI boom — which means it has deep institutional credibility and a long track record. Its revenue-based selection methodology ensures holdings are genuinely AI-revenue-generating businesses, not just thematic proxies. The fund's 45%+ one-year return reflects the AI software cycle playing out in its portfolio.

Top 5 Holdings

Holding	Weight
Advanced Micro Devices	10.56%
Alphabet Inc (GOOGL)	8.13%
NVIDIA Corp	7.95%
Micron Technology	6.36%
Meta Platforms	6%

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Upcoming Catalysts

Revenue-based index methodology — only companies earning >50% from AI/software qualify, reducing greenwashing
AMD as top holding (10.56%) captures AI accelerator competition with NVIDIA
Alphabet + Meta exposure ties IGPT directly to the AI model commercialization wave
Micron (6.36%) provides HBM memory exposure — critical for AI training infrastructure
0.56% ER is competitive for a focused AI/software ETF

Key Risks

AMD concentration (10.56%) creates single-stock headline risk in a competitive AI chip market
International holdings (SK Hynix 5.2%) add currency and geopolitical risk
Older index methodology (STOXX) may lag newer AI-native indices in thematic precision
No pure-play AI infrastructure names — limited exposure to hyperscaler buildout

Compare with Similar ETFs

AIQ — Broad AI technology exposure — software, hardware, and infrastructure in one fund.
CHAT — The purest GenAI ETF — built for the ChatGPT era.
ARTY — BlackRock's $2B AI ETF — tracks the Morningstar Global AI Select Index across the full stack.

Sources: Invesco product page, StockAnalysis.com, STOXX index (April 2026)

⚠️ Not financial advice. ETF data is for informational purposes only. Expense ratios, holdings, and returns change — verify current data on the fund issuer's website before investing. Past performance does not guarantee future results.