Data as of .
IGPT vs IVES: which is really different?
IGPT and IVES hold 28% of their weight in the same names, and IGPT returned more over the year.
ETFIQ Off-Index Score: IGPT 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
28% 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 IVES hold 28% of their money in the same securities at the same weight.
| Holding | IGPT | IVES |
|---|---|---|
| Advanced Micro Devices Inc | 9.02% | 6.33% |
| Alphabet Inc | 7.69% | 5.38% |
| NVIDIA Corp | 8.55% | 4.84% |
| Micron Technology Inc | 8.03% | 4.66% |
| Meta Platforms Inc | 9.22% | 4.17% |
| Snowflake Inc | 1.73% | 1.74% |
| CoreWeave Inc | 0.49% | 2.55% |
| Nebius Group NV | 0.41% | 2.20% |
| Pegasystems Inc | 0.05% | 0.99% |
| Only in IGPT | Only in IVES |
|---|---|
| SK hynix Inc 4.33% | BROADCOM INC 5.44% |
| Intel Corp 4.11% | AMAZON.COM INC 5.42% |
| Sandisk Corp 4.00% | TAIWAN SEMICONDUCTOR MANUFACTURING COMPA 4.95% |
| MediaTek Inc 3.59% | APPLE INC 4.72% |
| Marvell Technology Inc 3.21% | MICROSOFT CORP 4.44% |
| Seagate Technology Holdings PLC 2.90% | GE VERNOVA INC 4.25% |
| Western Digital Corp 2.29% | TESLA INC 4.06% |
| QUALCOMM Inc 2.21% | ORACLE CORP 3.45% |
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 | IVES | IGPT | IVES | IGPT | IVES | |
| 3 months | −8.1% | +5.6% | −10.3 pts | +3.3 pts | −5.6 pts | +8.1 pts |
| 6 months | +61.7% | +37.2% | +43.7 pts | +19.2 pts | +37.5 pts | +13.0 pts |
| 1 year | +78.2% | +27.2% | +61.6 pts | +10.6 pts | +56.4 pts | +5.4 pts |
| 3 years | +195.7% | not published | +117.3 pts | not published | +97.5 pts | not published |
| Since launch | +1395.7% | +58.8% | +592.1 pts | +28.9 pts | −294.6 pts | +21.6 pts |
| IGPT Invesco AI and Next Gen Software ETF Holds 116 stocks in artificial intelligence, 75% of its weight in S&P 500 companies | IVES Dan IVES Wedbush AI Revolution ETF Holds 30 stocks in artificial intelligence, 74% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | Wedbush |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 75.3% | 73.9% |
| Active share vs the S&P 500 | 79.2% | 66.5% |
| In the Nasdaq-100 | 69.1% | 62.6% |
| Holdings | 116 | 30 |
| Top ten, share of the fund | 61.7% | 50.4% |
| Expense ratio | 0.57% | 0.75% |
| Fee for the differing part | 0.72% | 1.13% |
| Total return, 1 year | +78.2% | +27.2% |
| vs the S&P 500 | +61.6 pts | +10.6 pts |
| vs the Nasdaq-100 | +56.4 pts | +5.4 pts |
| Below its high | −9.5% | −3.8% |
| Net assets | $1.3bn | $997m |
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.
IVES in plain words
By weight, 74% of IVES's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 66%. The top ten holdings are 50% of the fund across 30 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +27.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 10.6 pts.
Questions people ask
- Do IGPT and IVES hold the same stocks?
- By their latest filings, 28% 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, IGPT or IVES?
- IGPT has 75% of its weight in S&P 500 names and IVES has 74%, so IGPT differs more from the index.
- Which is cheaper, IGPT or IVES?
- IGPT charges 0.57% a year and IVES 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 IVES, data as of Sep 18, 2026. https://etfiq.com/compare/themes/igpt-vs-ives Free to use with attribution; the underlying files are at Open data.