Data as of .
IGPT vs XAIX: which is really different?
IGPT and XAIX hold 34% 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
34% 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 XAIX hold 34% of their money in the same securities at the same weight.
| Holding | IGPT | XAIX |
|---|---|---|
| Micron Technology Inc | 8.03% | 9.03% |
| SK hynix Inc | 4.33% | 7.69% |
| Intel Corp | 4.11% | 4.92% |
| Alphabet Inc | 7.69% | 4.00% |
| NVIDIA Corp | 8.55% | 3.73% |
| Meta Platforms Inc | 9.22% | 3.15% |
| Dell Technologies Inc | 1.42% | 2.62% |
| Western Digital Corp | 2.29% | 1.31% |
| Adobe Inc | 1.51% | 0.94% |
| Snowflake Inc | 1.73% | 0.83% |
| Hewlett Packard Enterprise Co | 0.82% | 0.48% |
| Strategy Inc | 0.77% | 0.41% |
| Only in IGPT | Only in XAIX |
|---|---|
| Advanced Micro Devices Inc 9.02% | SAMSUNG ELECTRONICS CO LTD 8.32% |
| Sandisk Corp 4.00% | CISCO SYSTEMS INC 4.13% |
| MediaTek Inc 3.59% | AMAZON.COM INC 3.86% |
| Marvell Technology Inc 3.21% | APPLE INC 3.78% |
| Seagate Technology Holdings PLC 2.90% | ORACLE CORP 3.55% |
| QUALCOMM Inc 2.21% | BANK OF AMERICA CORP 3.09% |
| Intuitive Surgical Inc 2.10% | MICROSOFT CORP 3.07% |
| Kioxia Holdings Corp 1.85% | PALANTIR TECHNOLOGIES INC 2.90% |
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 May 31, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| IGPT | XAIX | IGPT | XAIX | IGPT | XAIX | |
| 3 months | −8.1% | −1.3% | −10.3 pts | −3.6 pts | −5.6 pts | +1.1 pts |
| 6 months | +61.7% | +41.6% | +43.7 pts | +23.6 pts | +37.5 pts | +17.3 pts |
| 1 year | +78.2% | +39.6% | +61.6 pts | +23.0 pts | +56.4 pts | +17.8 pts |
| 3 years | +195.7% | not published | +117.3 pts | not published | +97.5 pts | not published |
| Since launch | +1395.7% | +101.2% | +592.1 pts | +54.6 pts | −294.6 pts | +38.8 pts |
| IGPT Invesco AI and Next Gen Software ETF Holds 116 stocks in artificial intelligence, 75% of its weight in S&P 500 companies | XAIX Xtrackers Artificial Intelligence and Big Data ETF Holds 91 stocks in artificial intelligence, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | Xtrackers |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 75.3% | 70.6% |
| Active share vs the S&P 500 | 79.2% | 72.0% |
| In the Nasdaq-100 | 69.1% | 50.2% |
| Holdings | 116 | 91 |
| Top ten, share of the fund | 61.7% | 53.0% |
| Expense ratio | 0.57% | 0.35% |
| Fee for the differing part | 0.72% | 0.49% |
| Total return, 1 year | +78.2% | +39.6% |
| vs the S&P 500 | +61.6 pts | +23.0 pts |
| vs the Nasdaq-100 | +56.4 pts | +17.8 pts |
| Below its high | −9.5% | −4.9% |
| Net assets | $1.3bn | $174m |
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.
XAIX in plain words
By weight, 71% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 53% of the fund across 91 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +39.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.0 pts.
Questions people ask
- Do IGPT and XAIX hold the same stocks?
- By their latest filings, 34% 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 XAIX?
- IGPT has 75% of its weight in S&P 500 names and XAIX has 71%, so IGPT differs more from the index.
- Which is cheaper, IGPT or XAIX?
- IGPT charges 0.57% a year and XAIX charges 0.35%, so XAIX 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 XAIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/igpt-vs-xaix Free to use with attribution; the underlying files are at Open data.