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Data as of .

AIX vs IGPT: which is really different?

AIX and IGPT hold 38% of their weight in the same names.

Defiance US 100 Tech AI Moat ETF and Invesco AI and Next Gen Software ETF.

88.0%AIX in the S&P 500
75.3%IGPT in the S&P 500
−4.6%AIX total return, 1 year
+78.2%IGPT total return, 1 year

ETFIQ Off-Index Score: IGPT scores higher

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

AIX 2IGPT 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

AIX12% of its weight is outside the S&P 500 · since launch to Sep 18, 2026
88%12%of its weight in S&P 500 companiesoutsideactive share 64% · top ten 53% of the fund · 32 holdings filed Sep 21, 2026 · Nasdaq-100: 94% in88%12%of its weight in S&P 500 companies12% of its weight outside the S&P 500active share 64% · top ten 53% 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

38% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AIX and IGPT hold 38% of their money in the same securities at the same weight.

Positions AIX and IGPT both hold, largest shared weight first
HoldingAIXIGPT
Advanced Micro Devices Inc5.69%9.02%
Meta Platforms Inc5.38%9.22%
Micron Technology Inc5.27%8.03%
Nvidia Corp5.07%8.55%
Alphabet Inc4.49%7.69%
Intel Corp4.64%4.11%
Marvell Technology Inc3.34%3.21%
Qualcomm Inc2.87%2.21%
Cadence Design Systems Inc1.17%1.01%
Synopsys Inc1.12%0.81%
Arm Holdings Plc4.11%0.57%
Coreweave Inc0.67%0.49%
Only in each
Only in AIXOnly in IGPT
Palantir Technologies Inc 6.26%SK hynix Inc 4.33%
Microsoft Corp 5.73%Sandisk Corp 4.00%
Apple Inc 5.30%MediaTek Inc 3.59%
Amazon.com Inc 4.84%Seagate Technology Holdings PLC 2.90%
Space Exploration Technologies Corp 4.75%Western Digital Corp 2.29%
Broadcom Inc 4.44%Intuitive Surgical Inc 2.10%
Tesla Inc 4.38%Kioxia Holdings Corp 1.85%
Texas Instruments Inc 3.76%Snowflake Inc 1.73%

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

AIX 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
AIXIGPTAIXIGPTAIXIGPT
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−4.6%+1395.7%−6.9 pts+592.1 pts−2.6 pts−294.6 pts
Open the live comparison on ETFIQ
AIX and IGPT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AIX
Defiance US 100 Tech AI Moat ETF
Holds 32 stocks in artificial intelligence, 88% 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
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50088.0%75.3%
Active share vs the S&P 50064.0%79.2%
In the Nasdaq-10094.3%69.1%
Holdings32116
Top ten, share of the fund52.9%61.7%
Expense ratio0.65%0.57%
Fee for the differing part1.02%0.72%
Total return, 1 year−4.6% (since launch on Jun 30, 2026)+78.2%
vs the S&P 500−6.9 pts+61.6 pts
vs the Nasdaq-100−2.6 pts+56.4 pts
Below its high−4.6%−9.5%
Net assets$482,327$1.3bn

AIX in plain words

By weight, 88% of AIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 64%. The top ten holdings are 53% of the fund across 32 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jun 30, 2026 the fund returned −4.6% with distributions reinvested against +2.3% for the S&P 500, so a holder was behind by 6.9 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 AIX and IGPT hold the same stocks?
By their latest filings, 38% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, AIX or IGPT?
AIX has 88% of its weight in S&P 500 names and IGPT has 75%, so IGPT differs more from the index.
Which is cheaper, AIX or IGPT?
AIX charges 0.65% 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.

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

How every figure is computed · Standards and sources