Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

AIHY vs IGPT: which is really different?

AIHY and IGPT hold 17% of their weight in the same names.

Defiance AI Hyperscale Leaders ETF and Invesco AI and Next Gen Software ETF.

81.8%AIHY in the S&P 500
75.3%IGPT in the S&P 500
+8.7%AIHY total return, 1 year
+78.2%IGPT total return, 1 year

ETFIQ Off-Index Score: AIHY scores higher

How much of it is not the index it is sold as an alternative to?

AIHY 21IGPT 9.90.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

AIHY18% of its weight is outside the S&P 500 · since launch to Sep 18, 2026
82%18%of its weight in S&P 500 companiesoutside the S&P 500active share 87% · top ten 100% of the fund · 10 holdings filed Sep 21, 2026 · Nasdaq-100: 79% in82%18%in the S&P 50018% of its weight outside the S&P 500active share 87% · top ten 100% of the fund
IGPT25% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
75%25%of its weight in S&P 500 companiesoutside the S&P 500active share 79% · top ten 62% of the fund · 116 holdings filed Sep 19, 2026 · Nasdaq-100: 69% in75%25%in the S&P 500outsideactive share 79% · top ten 62% of the fund

17% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AIHY and IGPT hold 17% of their money in the same securities at the same weight.

Positions AIHY and IGPT both hold, largest shared weight first
HoldingAIHYIGPT
Meta Platforms Inc19.42%9.22%
Alphabet Inc18.93%7.69%
Only in each
Only in AIHYOnly in IGPT
Microsoft Corp 21.81%Advanced Micro Devices Inc 9.02%
Amazon.com Inc 18.94%NVIDIA Corp 8.55%
Space Exploration Technologies Corp 13.09%Micron Technology Inc 8.03%
Alibaba Group Holding Ltd 3.01%SK hynix Inc 4.33%
Oracle Corp 2.67%Intel Corp 4.11%
Tencent Holdings Ltd 2.06%Sandisk Corp 4.00%
First American Government Obligations Fund 12/01/2031 0.07%MediaTek Inc 3.59%
Cash & Other -0.02%Marvell Technology Inc 3.21%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 19, 2026 and Sep 21, 2026.

Performance, window by window

AIHY and IGPT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AIHYIGPTAIHYIGPTAIHYIGPT
3 monthsnot published−8.1%not published−10.3 ptsnot published−5.6 pts
6 monthsnot published+61.7%not published+43.7 ptsnot published+37.5 pts
1 yearnot published+78.2%not published+61.6 ptsnot published+56.4 pts
3 yearsnot published+195.7%not published+117.3 ptsnot published+97.5 pts
Since launch+8.7%+1395.7%+6.7 pts+592.1 pts+7.0 pts−294.6 pts
Open the live comparison on ETFIQ
AIHY and IGPT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AIHY
Defiance AI Hyperscale Leaders ETF
Holds 10 stocks in aI infrastructure and chips, 82% of its weight in S&P 500 companies
IGPT
Invesco AI and Next Gen Software ETF
Holds 116 stocks in artificial intelligence, 75% of its weight in S&P 500 companies
IssuerDefianceInvesco
ThemeAI infrastructure and chipsArtificial intelligence
In the S&P 50081.8%75.3%
Active share vs the S&P 50086.5%79.2%
In the Nasdaq-10079.1%69.1%
Holdings10116
Top ten, share of the fund100.0%61.7%
Expense ratio0.76%0.57%
Fee for the differing part0.88%0.72%
Total return, 1 year+8.7% (since launch on Jul 21, 2026)+78.2%
vs the S&P 500+6.7 pts+61.6 pts
vs the Nasdaq-100+7.0 pts+56.4 pts
Below its high−0.6%−9.5%
Net assets$10m$1.3bn

AIHY in plain words

By weight, 82% of AIHY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 100% of the fund across 10 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jul 21, 2026 the fund returned +8.7% with distributions reinvested against +2.0% for the S&P 500, so a holder was ahead by 6.7 pts.

IGPT in plain words

By weight, 75% of IGPT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 79%. The top ten holdings are 62% of the fund across 116 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned +78.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 61.6 pts. It sits 9.5% below its all-time high of Jun 22, 2026.

Questions people ask

Do AIHY and IGPT hold the same stocks?
By their latest filings, 17% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, AIHY or IGPT?
AIHY has 82% of its weight in S&P 500 names and IGPT has 75%, so AIHY differs more from the index.
Which is cheaper, AIHY or IGPT?
AIHY charges 0.76% a year and IGPT charges 0.57%, so IGPT is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

AIHY against IGPT, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AIHY against IGPT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aihy-vs-igpt Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources