Data as of .
IGPT vs IVEP: which is really different?
IGPT and IVEP hold 2% of their weight in the same names.
ETFIQ Off-Index Score: IVEP 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
2% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, IGPT and IVEP hold 2% of their money in the same securities at the same weight.
| Holding | IGPT | IVEP |
|---|---|---|
| Equinix Inc | 1.52% | 3.78% |
| Digital Realty Trust Inc | 0.92% | 3.43% |
| Only in IGPT | Only in IVEP |
|---|---|
| Meta Platforms Inc 9.22% | BLOOM ENERGY CORP 4.98% |
| Advanced Micro Devices Inc 9.02% | QUANTA SERVICES INC 4.31% |
| NVIDIA Corp 8.55% | GE VERNOVA INC 4.16% |
| Micron Technology Inc 8.03% | VERTIV HOLDINGS COMPANY 4.12% |
| Alphabet Inc 7.69% | SIEMENS ENERGY AG 4.11% |
| SK hynix Inc 4.33% | EATON CORP PLC 4.07% |
| Intel Corp 4.11% | NEXTERA ENERGY INC 3.94% |
| Sandisk Corp 4.00% | SCHNEIDER ELECTRIC SE 3.91% |
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 Apr 30, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| IGPT | IVEP | IGPT | IVEP | IGPT | IVEP | |
| 3 months | −8.1% | −11.8% | −10.3 pts | −14.0 pts | −5.6 pts | −9.3 pts |
| 6 months | +61.7% | not published | +43.7 pts | not published | +37.5 pts | not published |
| 1 year | +78.2% | not published | +61.6 pts | not published | +56.4 pts | not published |
| 3 years | +195.7% | not published | +117.3 pts | not published | +97.5 pts | not published |
| Since launch | +1395.7% | −2.5% | +592.1 pts | −15.7 pts | −294.6 pts | −21.7 pts |
| IGPT Invesco AI and Next Gen Software ETF Holds 116 stocks in artificial intelligence, 75% of its weight in S&P 500 companies | IVEP Dan IVES Wedbush AI Power & Infrastructure ETF Holds 30 stocks in aI infrastructure and chips, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | Wedbush |
| Theme | Artificial intelligence | AI infrastructure and chips |
| In the S&P 500 | 75.3% | 71.2% |
| Active share vs the S&P 500 | 79.2% | 97.0% |
| In the Nasdaq-100 | 69.1% | 11.3% |
| Holdings | 116 | 30 |
| Top ten, share of the fund | 61.7% | 41.4% |
| Expense ratio | 0.57% | 0.75% |
| Fee for the differing part | 0.72% | 0.77% |
| Total return, 1 year | +78.2% | −2.5% (since launch on Apr 8, 2026) |
| vs the S&P 500 | +61.6 pts | −15.7 pts |
| vs the Nasdaq-100 | +56.4 pts | −21.7 pts |
| Below its high | −9.5% | −13.0% |
| Net assets | $1.3bn | $9m |
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.
IVEP in plain words
By weight, 71% of IVEP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 41% of the fund across 30 positions, as filed for Apr 30, 2026. Since it launched on Apr 8, 2026 the fund returned −2.5% with distributions reinvested against +13.2% for the S&P 500, so a holder was behind by 15.7 pts. It sits 13.0% below its all-time high of May 6, 2026.
Questions people ask
- Do IGPT and IVEP hold the same stocks?
- By their latest filings, 2% 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, IGPT or IVEP?
- IGPT has 75% of its weight in S&P 500 names and IVEP has 71%, so IVEP differs more from the index.
- Which is cheaper, IGPT or IVEP?
- IGPT charges 0.57% a year and IVEP charges 0.75%, 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, IGPT against IVEP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/igpt-vs-ivep Free to use with attribution; the underlying files are at Open data.