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
$45.26
Average Daily Volume
40,048
Number of Holdings
*
63
* 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
$17.13
Average Daily Volume
112,934
Number of Holdings
*
15
* may have additional holdings in another (foreign) market
Performance
Period | IGPT | BERZ |
---|---|---|
30 Days | 0.91% | -5.15% |
60 Days | 1.89% | -14.99% |
90 Days | 9.14% | -33.89% |
12 Months | 37.74% | -73.48% |
IGPT Overweight 56 Positions Relative to BERZ
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | B | 4.46% | |
QCOM | D | 4.39% | |
EQIX | B | 3.0% | |
ADSK | B | 2.17% | |
CDNS | C | 2.13% | |
TTD | B | 1.86% | |
DLR | A | 1.8% | |
SNPS | B | 1.68% | |
MRVL | A | 1.49% | |
MSTR | B | 1.45% | |
SNOW | C | 1.35% | |
MCHP | F | 1.03% | |
HUBS | B | 1.0% | |
ANSS | C | 0.99% | |
AME | A | 0.96% | |
WDC | C | 0.8% | |
SMCI | F | 0.78% | |
STX | D | 0.77% | |
EA | A | 0.75% | |
FTV | F | 0.72% | |
PINS | C | 0.68% | |
ARM | B | 0.62% | |
NTAP | D | 0.62% | |
DOCU | A | 0.51% | |
GRMN | A | 0.51% | |
BIDU | F | 0.5% | |
HPE | A | 0.47% | |
IOT | C | 0.36% | |
PSTG | D | 0.35% | |
BSY | F | 0.31% | |
ROKU | D | 0.29% | |
LSCC | C | 0.26% | |
U | C | 0.24% | |
CGNX | B | 0.23% | |
ESTC | D | 0.21% | |
ALTR | B | 0.2% | |
CRDO | A | 0.17% | |
NOVT | C | 0.14% | |
DLB | B | 0.14% | |
RDNT | D | 0.14% | |
SLAB | F | 0.13% | |
PEGA | A | 0.12% | |
CCOI | B | 0.12% | |
TDC | B | 0.11% | |
DV | F | 0.09% | |
IPGP | B | 0.09% | |
BRZE | F | 0.08% | |
FIVN | C | 0.08% | |
AMBA | B | 0.08% | |
CLVT | D | 0.07% | |
MGNI | D | 0.06% | |
INFA | C | 0.06% | |
VRNT | F | 0.05% | |
CXM | F | 0.04% | |
HLIT | F | 0.04% | |
MXL | D | 0.02% |
IGPT: Top Represented Industries & Keywords
Industries:
Software - Application
Semiconductors
Data Storage
Software - Infrastructure
Internet Content & Information
Scientific & Technical Instruments
Communication Equipment
Semiconductor Equipment & Materials
Computer Hardware
Conglomerates
Diagnostics & Research
Diversified Industrials
Electronic Gaming & Multimedia
Media - Diversified
Medical Instruments & Supplies
Pay TV
REIT - Diversified
REIT - Office
Semiconductor Memory
Telecom Services
Keywords:
Computing
S&P 500
Nasdaq 100
Mobile Devices
Semiconductor
Integrated Circuits
Ethernet
Fabless Semiconductor Companies
Software
Consumer Electronics
Digital Media
Electronics
Visualization
Application Software
Cloud Computing
Computer Data Storage
Data Management
Design Manufacturers
Flash
Internet Protocol
BERZ: Top Represented Industries & Keywords
Industries:
Semiconductors
Software - Application
Internet Content & Information
Auto Manufacturers
Consumer Electronics
Media - Diversified
Semiconductor Memory
Software - Infrastructure
Specialty Retail
Keywords:
S&P 500
Nasdaq 100
Computing
Work From Home
Dow Jones Component
Mobile Devices
Hyperscale
Smartphones
Software
Consumer Electronics
Design Manufacturers
Laptop Computer
Operating System
Subscription Services
Artificial Intelligence
Baseband
Baseband Processor
CRM
Cellular Telephone
Cloud Computing