IGPT vs IVV
Invesco AI and Next Gen Software ETF vs iShares Core S&P 500 ETF
Which is better, IGPT or IVV?
Mid Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IGPT led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 59.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IGPT | IVV |
|---|---|---|
| Expense Ratio | 0.56% | 0.03%Best |
| AUM | $1.2B | $876.4B |
| Dividend Yield | 0.01% | 1.06% |
| Holdings | 116 | 508 |
| YTD Return | +58.22%Best | +12.27% |
| 1Y Return | +80.13%Best | +17.04% |
| 3Y Return (annualized) | +42.72%Best | +21.24% |
| 5Y Return (annualized) | +15.52%Best | +13.08% |
| Volatility (annualized) | 21.7% | 15.0%Best |
| Max Drawdown | -50.1%Best | -56.5% |
| $10,000 over 5 years | $20,572Best | $18,490 |
| Top 10 Weight | 59.1% | 37.8%Best |
| Fund Family | Invesco (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Jun 23, 2005 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 23, 2005 to Sep 17, 2026 (21.2 years).
IGPT vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 21.2 years both funds cover.
IGPT vs IVV Performance
Invesco AI and Next Gen Software ETF (IGPT) is an ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IGPT returned +80.13% while IVV returned +17.04%. Year to date, IGPT is up 58.22% versus a gain of 12.27% for IVV.
Over three years, IGPT compounded at +42.72% per year against +21.24% for IVV; over five years the annualized figures are +15.52% and +13.08% respectively. Across the full 21-year window we track, IGPT has the edge at +15.32% annualized vs +9.52%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGPT has been the more volatile fund, with annualized monthly volatility of 21.7% compared with 15.0% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -50.1% for IGPT and -56.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IGPT charges 0.56% per year while IVV charges 0.03%. On a $10,000 position that is $56 vs $3 annually, a gap of $53 per year that compounds over a long holding period. On income, IGPT currently yields 0.01% against 1.06% for IVV.
Holdings Overlap
66.9% of IGPT's money is in holdings IVV also owns. 18.5% of IVV's money is in holdings IGPT also owns.
The two portfolios partly overlap.
27 positions in common, counted across the 101 positions we hold weights for in IGPT and 490 in IVV, against full books of 116 and 508.
What only one of them owns
Our book lists 455 positions for IVV that do not appear in our book for IGPT (80.2% of the fund), and 35 for IGPT that do not appear in IVV (8.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IGPT | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.02% | 8.07% | 0.95% |
| GOOGLAlphabet Inc,class A | 7.94% | 3.00% | 4.94% |
| METAMeta Platforms Inc | 8.43% | 1.90% | 6.53% |
| MUMicron Technology, Inc. | 8.05% | 1.63% | 6.42% |
| INTCIntel Corporation | 3.60% | 0.67% | 2.93% |
| SNDKSandisk Corp/De | 3.71% | 0.35% | 3.36% |
| STXSeagate Technology Holdings Plc | 2.97% | 0.28% | 2.69% |
| MRVLMarvell Technology Group Ltd. | 2.96% | 0.28% | 2.68% |
| WDCWestern Digital Corp Company Guar 11/28 3 | 2.49% | 0.23% | 2.26% |
| QCOMQualcomm Inc. | 2.25% | 0.27% | 1.98% |
66.9% of IGPT is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, IGPT or IVV?
IGPT has an expense ratio of 0.56% while IVV charges 0.03%. IVV is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, IGPT or IVV?
Over the past year IGPT returned +80.13% vs +17.04% for IVV, so IGPT leads on 1-year performance. Over the longest common window we track (21 years), IGPT annualized +15.32% vs +9.52% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IGPT or IVV?
IGPT has been the more volatile fund at 21.7% annualized versus 15.0% for IVV. Worst drawdown: IGPT -50.1% vs IVV -56.5%.
Should I hold both IGPT and IVV?
IGPT and IVV have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IGPT and IVV?
66.9% of IGPT's money is in holdings IVV also owns. 18.5% of IVV's is in holdings IGPT also owns. They hold 27 positions in common, counted across the 101 positions we hold weights for in IGPT and 490 in IVV.
Which pays a higher dividend, IGPT or IVV?
IGPT yields 0.01% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than IGPT?
IVV has a lower expense ratio. IGPT led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 59.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.