Summary
Invesco AI and Next Gen Software ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 112. The ten largest make up 60% of the fund.
- Yearly costs
- 0.57%
- Fund size
- $1.37B
- Positions
- 112
- Dividend yield
- 0.01%
- Running since
- 2005
What speaks for it
- A large fund with $1.37B under management.
- Easy to buy and sell: about $16.5M changes hands a day.
- Average yearly growth over the last ten years: 19%.
- It has been running since 2005.
What to watch
- The ten largest positions make up 60% of the fund, so its result rests on a few names.
- 74% of the fund is in one sector (Technology).
- 83% of the fund is in one country (United States).
- Costs of 0.57% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 53% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -8.6%
- 3 months
- +1.0%
- This year
- +50%
- 1 year
- +57%
- 3 years
- +175%
- 5 years
- +78%
- 10 years
- +464%
- Avg. market cap
- $1.25T
- P/E
- 22.7x
- Forward P/E
- 22.7x
- P/S
- 7.8x
- P/B
- 7.1x
- P/FCF
- 31.9x
- EV/EBITDA
- 17.9x
- Dividend yield
- 0.31%
- ROIC
- 24.7%
- ROE
- 51.2%
- Gross margin
- 63.5%
- Operating margin
- 18.1%
- Net margin
- -23.6%
- Payout ratio
- 7.1%
- Net debt/EBITDA
- 0.9x
- Beta
- 2.09
Weighted average of the 50 largest companies, which make up 95% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 MEMeta META 9.3%
- 2 AMAMD AMD 9.1%
- 3 GOAlphabet GOOGL 8.5%
- 4 NVNvidia NVDA 8.1%
- 5 MUMicron MU 7.8%
- 6 INIntel INTC 4.4%
- 7 MRMarvell MRVL 3.4%
- 8 24MediaTek Inc. 2454.TW 3.3%
- 9 SNSandisk SNDK 3.3%
- 10 00SK hynix Inc. 000660.KS 3.3%
Positions in the fund: 112. The ten largest make up 60% of it.
Composition as of Oct 17, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 74%
- Communication services 19%
- Real estate 2.5%
- Healthcare 2.4%
- Industrials 2.0%
- Other 0.3%
By country
- United States 83%
- Taiwan 5.4%
- Japan 4.0%
- South Korea 3.5%
- Other countries 3.8%
By company size
- Mega cap 56%
- Large cap 42%
- Mid cap 2.4%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (74%). Largest country: United States (83%). Largest size group: Mega cap (56%).
What does it cost me?
Expensive- A year from $10,000
- $57.00
- Over 20 years
- $2,737
From every $10,000 invested the fund takes $57.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,737.
How has it done?
Growing over the long run- A year on average, 10 years
- +19%
- Deepest drop
- -53%
- Yearly volatility
- 39%
Average yearly growth over the last ten years: 19%. Deepest drop in these years: 53% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.01%
- Payments a year
- 2
- Last payment
- $0.01
Over the last 12 months it paid $0.01 per share, which is 0.01% of today's price. The last payment was $0.01 on Sep 22, 2025.
Is it easy to buy and sell?
Very easy- Traded a day
- $16.5M
- Shares a day
- 181K
On an average day about $16.5M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 22.7
- Average Bulios Score
- 69 out of 100
Weight by Bulios Fair Price
- Undervalued 17%
- Fairly valued 14%
- Overvalued 69%
On average the companies inside trade for 22.7 times their yearly profit. By Fair Price, 69% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 95% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $37.6M | - | Pays out | 49% |
TR TRFK Pacer Data and Digital Revolution ETF | United States | 0.49% | $893.9M | +25% | Pays out | 47% |
QQ QQQY.TO Evolve NASDAQ Technology Enhanced Yield Index Fund | Canada | 0.50% | $74.3M | +4.8% | Pays out | 46% |
QQ QQQT.TO Evolve NASDAQ Technology Index Fund CAD Hedged | Canada | 0.25% | $133.1M | +27% | Pays out | 45% |
CH CHPX Global X - AI Semiconductor & Quantum ETF | United States | 0.50% | $210.4M | +60% | Pays out | 45% |
SE SEC0.F iShares MSCI Global Semiconductors UCITS ETF USD Acc | Ireland | 0.35% | $2.30B | +90% | Reinvests | 43% |