Data as of .
IGPT vs LQAI: which is really different?
IGPT and LQAI hold 25% 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
25% 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 LQAI hold 25% of their money in the same securities at the same weight.
| Holding | IGPT | LQAI |
|---|---|---|
| NVIDIA Corp | 8.55% | 5.99% |
| Micron Technology Inc | 8.03% | 5.92% |
| Sandisk Corp | 4.00% | 5.44% |
| Meta Platforms Inc | 9.22% | 2.60% |
| Alphabet Inc | 7.69% | 2.42% |
| Marvell Technology Inc | 3.21% | 1.73% |
| Intel Corp | 4.11% | 0.73% |
| Advanced Micro Devices Inc | 9.02% | 0.71% |
| CoreWeave Inc | 0.49% | 1.42% |
| Dell Technologies Inc | 1.42% | 0.12% |
| NetApp Inc | 0.56% | 0.12% |
| Snowflake Inc | 1.73% | 0.10% |
| Only in IGPT | Only in LQAI |
|---|---|
| SK hynix Inc 4.33% | TESLA INC 5.88% |
| MediaTek Inc 3.59% | MICROSOFT CORP 3.40% |
| Seagate Technology Holdings PLC 2.90% | AMAZON.COM INC 3.25% |
| Western Digital Corp 2.29% | BROADCOM INC 2.85% |
| QUALCOMM Inc 2.21% | APPLE INC 2.64% |
| Intuitive Surgical Inc 2.10% | KENVUE INC 2.22% |
| Kioxia Holdings Corp 1.85% | FORD MOTOR CO 2.15% |
| Keyence Corp 1.52% | KINDER MORGAN INC 2.12% |
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 | LQAI | IGPT | LQAI | IGPT | LQAI | |
| 3 months | −8.1% | −3.4% | −10.3 pts | −5.6 pts | −5.6 pts | −0.9 pts |
| 6 months | +61.7% | +20.9% | +43.7 pts | +2.9 pts | +37.5 pts | −3.3 pts |
| 1 year | +78.2% | +17.3% | +61.6 pts | +0.8 pts | +56.4 pts | −4.4 pts |
| 3 years | +195.7% | not published | +117.3 pts | not published | +97.5 pts | not published |
| Since launch | +1395.7% | +88.0% | +592.1 pts | +7.2 pts | −294.6 pts | −8.7 pts |
| IGPT Invesco AI and Next Gen Software ETF Holds 116 stocks in artificial intelligence, 75% of its weight in S&P 500 companies | LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF Holds 100 stocks in artificial intelligence, 90% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | Qraft |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 75.3% | 89.9% |
| Active share vs the S&P 500 | 79.2% | 62.1% |
| In the Nasdaq-100 | 69.1% | 58.2% |
| Holdings | 116 | 100 |
| Top ten, share of the fund | 61.7% | 40.4% |
| Expense ratio | 0.57% | 0.75% |
| Fee for the differing part | 0.72% | 1.21% |
| Total return, 1 year | +78.2% | +17.3% |
| vs the S&P 500 | +61.6 pts | +0.8 pts |
| vs the Nasdaq-100 | +56.4 pts | −4.4 pts |
| Below its high | −9.5% | −4.2% |
| Net assets | $1.3bn | $2m |
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.
LQAI in plain words
By weight, 90% of LQAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 62%. The top ten holdings are 40% of the fund across 100 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +17.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 0.8 pts.
Questions people ask
- Do IGPT and LQAI hold the same stocks?
- By their latest filings, 25% 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 LQAI?
- IGPT has 75% of its weight in S&P 500 names and LQAI has 90%, so IGPT differs more from the index.
- Which is cheaper, IGPT or LQAI?
- IGPT charges 0.57% a year and LQAI 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 LQAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/igpt-vs-lqai Free to use with attribution; the underlying files are at Open data.