IGPT vs. BERZ ETF Comparison
Comparison of Invesco AI and Next Gen Software ETF (IGPT) to MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ)
IGPT
Invesco AI and Next Gen Software ETF
IGPT Description
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future software development through direct revenue. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$42.95
Average Daily Volume
71,299
Number of Holdings
*
9
* may have additional holdings in another (foreign) market
BERZ
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
BERZ Description
BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.Grade (RS Rating)
Last Trade
$28.68
Average Daily Volume
84,396
Number of Holdings
*
15
* may have additional holdings in another (foreign) market
Performance
Period | IGPT | BERZ |
---|---|---|
30 Days | -6.10% | 15.91% |
60 Days | -6.08% | 18.40% |
90 Days | 0.62% | -0.30% |
12 Months | -80.22% |
IGPT Overweight 1 Positions Relative to BERZ
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | C | 4.66% |
IGPT: Top Represented Industries & Keywords
Industries:
Semiconductors
Internet Content & Information
Medical Instruments & Supplies
Semiconductor Memory
Software - Application
Keywords:
Nasdaq 100
S&P 500
Computing
Mobile Devices
Design Manufacturers
Software
Artificial Intelligence
Baseband
Baseband Processor
Camera
Cellular Telephone
Computer Architecture
Consumer Devices
Consumer Electronics
Deep Learning
E Commerce
Fabless Semiconductor Companies
Flash
Flash Memory
Flash Memory Products
BERZ: Top Represented Industries & Keywords
Industries:
Semiconductors
Internet Content & Information
Software - Application
Auto Manufacturers
Consumer Electronics
Media - Diversified
Semiconductor Memory
Software - Infrastructure
Specialty Retail
Keywords:
S&P 500
Nasdaq 100
Computing
Dow Jones Component
Mobile Devices
Work From Home
Hyperscale
Smartphones
Software
Consumer Electronics
Design Manufacturers
Fabless Semiconductor Companies
Laptop Computer
Operating System
Wireless Communication
Artificial Intelligence
Baseband
Baseband Processor
CRM
Cellular Telephone