Data as of .
AIPO vs IGPT: which is really different?
AIPO and IGPT hold 14% of their weight in the same names, and IGPT returned more over the year.
ETFIQ Off-Index Score: AIPO scores higher
How much of it is not the index it is sold as an alternative to?
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
14% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIPO and IGPT hold 14% of their money in the same securities at the same weight.
| Holding | AIPO | IGPT |
|---|---|---|
| Alphabet Inc | 4.30% | 7.69% |
| Nvidia Corp | 4.04% | 8.55% |
| Advanced Micro Devices Inc | 2.53% | 9.02% |
| Marvell Technology Inc | 0.81% | 3.21% |
| Equinix Inc | 0.52% | 1.52% |
| Arm Holdings Plc | 0.46% | 0.57% |
| Digital Realty Trust Inc | 0.42% | 0.92% |
| Astera Labs Inc | 0.41% | 0.78% |
| Nebius Group Nv | 0.46% | 0.41% |
| Coreweave Inc | 0.34% | 0.49% |
| Lattice Semiconductor Corp | 0.34% | 0.23% |
| Gds Holdings Ltd | 0.35% | 0.06% |
| Only in AIPO | Only in IGPT |
|---|---|
| Eaton Corp Plc 8.31% | Meta Platforms Inc 9.22% |
| Quanta Services Inc 8.25% | Micron Technology Inc 8.03% |
| Ge Vernova Inc 8.03% | SK hynix Inc 4.33% |
| Vertiv Holdings Co 6.56% | Intel Corp 4.11% |
| Bloom Energy Corp 5.10% | Sandisk Corp 4.00% |
| Broadcom Inc 3.97% | MediaTek Inc 3.59% |
| Cameco Corp 3.54% | Seagate Technology Holdings PLC 2.90% |
| Constellation Energy Corp 3.02% | Western Digital Corp 2.29% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIPO | IGPT | AIPO | IGPT | AIPO | IGPT | |
| 3 months | −16.1% | −8.1% | −18.4 pts | −10.3 pts | −13.7 pts | −5.6 pts |
| 6 months | +15.1% | +61.7% | −2.9 pts | +43.7 pts | −9.1 pts | +37.5 pts |
| 1 year | +29.3% | +78.2% | +12.7 pts | +61.6 pts | +7.5 pts | +56.4 pts |
| 3 years | not published | +195.7% | not published | +117.3 pts | not published | +97.5 pts |
| Since launch | +40.1% | +1395.7% | +18.9 pts | +592.1 pts | +12.1 pts | −294.6 pts |
| AIPO Defiance AI & Power Infrastructure ETF Holds 89 stocks in aI infrastructure and chips, 62% 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 | |
|---|---|---|
| Issuer | Defiance | Invesco |
| Theme | AI infrastructure and chips | Artificial intelligence |
| In the S&P 500 | 61.8% | 75.3% |
| Active share vs the S&P 500 | 86.1% | 79.2% |
| In the Nasdaq-100 | 20.6% | 69.1% |
| Holdings | 89 | 116 |
| Top ten, share of the fund | 55.1% | 61.7% |
| Expense ratio | 0.69% | 0.57% |
| Fee for the differing part | 0.80% | 0.72% |
| Total return, 1 year | +29.3% | +78.2% |
| vs the S&P 500 | +12.7 pts | +61.6 pts |
| vs the Nasdaq-100 | +7.5 pts | +56.4 pts |
| Below its high | −18.0% | −9.5% |
| Net assets | $915m | $1.3bn |
AIPO in plain words
By weight, 62% of AIPO'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 55% of the fund across 89 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned +29.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 12.7 pts. It sits 18.0% below its all-time high of Jun 22, 2026.
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 AIPO and IGPT hold the same stocks?
- By their latest filings, 14% 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, AIPO or IGPT?
- AIPO has 62% of its weight in S&P 500 names and IGPT has 75%, so AIPO differs more from the index.
- Which is cheaper, AIPO or IGPT?
- AIPO charges 0.69% 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.
Cite this page. ETFIQ, AIPO against IGPT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aipo-vs-igpt Free to use with attribution; the underlying files are at Open data.