Data as of .
DRGN vs IGPT: which is really different?
DRGN and IGPT hold 0% of their weight in the same names, and IGPT returned more over the year.
ETFIQ Off-Index Score: DRGN 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
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, DRGN and IGPT hold 0% of their money in the same securities at the same weight.
| Holding | DRGN | IGPT |
|---|---|---|
| Baidu Inc | 5.71% | 0.29% |
| Foxconn Industrial Internet Co | 5.88% | 0.09% |
| Only in DRGN | Only in IGPT |
|---|---|
| Hygon Information Technology C 8.15% | Meta Platforms Inc 9.22% |
| Montage Technology Co Ltd 7.81% | Advanced Micro Devices Inc 9.02% |
| Cambricon Technologies Corp Lt 7.46% | NVIDIA Corp 8.55% |
| Yuanjie Semiconductor Technolo 7.23% | Micron Technology Inc 8.03% |
| IEIT Systems Co Ltd 5.68% | Alphabet Inc 7.69% |
| Kingsoft Corp Ltd 4.96% | SK hynix Inc 4.33% |
| DAHUA INC 4.92% | Intel Corp 4.11% |
| Xiaomi Corp 4.70% | Sandisk Corp 4.00% |
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 Jun 30, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DRGN | IGPT | DRGN | IGPT | DRGN | IGPT | |
| 3 months | −11.4% | −8.1% | −13.6 pts | −10.3 pts | −8.9 pts | −5.6 pts |
| 6 months | +7.8% | +61.7% | −10.3 pts | +43.7 pts | −16.5 pts | +37.5 pts |
| 1 year | −6.3% | +78.2% | −22.9 pts | +61.6 pts | −28.1 pts | +56.4 pts |
| 3 years | not published | +195.7% | not published | +117.3 pts | not published | +97.5 pts |
| Since launch | +30.6% | +1395.7% | +6.5 pts | +592.1 pts | +0.3 pts | −294.6 pts |
| DRGN Themes China Generative Artificial Intelligence ETF Holds 23 stocks in artificial intelligence, 0% 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 | Themes | Invesco |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 0.0% | 75.3% |
| Active share vs the S&P 500 | 100.0% | 79.2% |
| In the Nasdaq-100 | 0.0% | 69.1% |
| Holdings | 23 | 116 |
| Top ten, share of the fund | 62.5% | 61.7% |
| Expense ratio | 0.39% | 0.57% |
| Fee for the differing part | 0.39% | 0.72% |
| Total return, 1 year | −6.3% | +78.2% |
| vs the S&P 500 | −22.9 pts | +61.6 pts |
| vs the Nasdaq-100 | −28.1 pts | +56.4 pts |
| Below its high | −17.6% | −9.5% |
| Net assets | $22m | $1.3bn |
DRGN in plain words
By weight, 0% of DRGN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 62% of the fund across 23 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −6.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 22.9 pts. It sits 17.6% below its all-time high of May 13, 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 DRGN and IGPT hold the same stocks?
- By their latest filings, 0% 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, DRGN or IGPT?
- DRGN has 0% of its weight in S&P 500 names and IGPT has 75%, so DRGN differs more from the index.
- Which is cheaper, DRGN or IGPT?
- DRGN charges 0.39% a year and IGPT charges 0.57%, so DRGN 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, DRGN against IGPT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drgn-vs-igpt Free to use with attribution; the underlying files are at Open data.