IGPT vs SPGM: holdings overlap, shared companies and scores
As of September 11, 2026, IGPT and SPGM overlap 13.0% by weight. Invesco AI and Next Gen Software ETF (IGPT): Global AI and software firms. State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM): Total global equity market.
Updated September 11, 2026
How much do IGPT and SPGM overlap?
As of September 11, 2026, IGPT and SPGM overlap 13.0% by weight.
94% of IGPT is already inside SPGM.
13% of SPGM is already inside IGPT.
IGPT holds 99 companies and SPGM holds 2,736; 71 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score IGPT and SPGM?
As of September 11, 2026, ETF Copilot scores IGPT 7.8 out of 10 and SPGM 5.7 out of 10.
They differ most on Risk: IGPT 1.3 and SPGM 7.8.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | IGPT | SPGM |
|---|---|---|
| Growth | 9.4 | 4.6 |
| Valuation | 7.6 | 2.0 |
| Risk | 1.3 | 7.8 |
| Quality | 9.6 | 7.5 |
| Return | 9.5 | 6.8 |
SPGM is the cheaper of the two at 0.09% a year
As of September 11, 2026, IGPT charges 0.57% a year, yields 0.59% and holds $1.3B in assets across 99 positions.
As of September 11, 2026, SPGM charges 0.09% a year, yields 1.68% and holds $1.8B in assets across 2736 positions.
| Measure | IGPT | SPGM |
|---|---|---|
| Expense ratio | 0.57% | 0.09% |
| Dividend yield | 0.59% | 1.68% |
| Assets under management | $1.3B | $1.8B |
| Holdings | 99 | 2736 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where IGPT and SPGM trade against their own history
IGPT trades at 27.2 times earnings, against its own median of 32.9, and is cheaper than 84% of its own 38 monthly readings since 2023.
SPGM trades at 21.1 times earnings, against its own median of 18.4, and is more expensive than 92% of its own 85 monthly readings since 2019.
What moved IGPT and SPGM this week
IGPT rose 3.2% in the week to September 11, 2026. The holdings that moved it most were Advanced Micro Devices (+13.1%), SK Hynix (+14.8%) and Meta Platforms (+6.1%); Nvidia (−4.4%) pushed the other way.
SPGM fell 1.0% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Novartis (−15.2%); SK Hynix (+14.8%) pushed the other way.
What do IGPT and SPGM each hold?
What's inside IGPT: Tech 91%, Memory 48%.
61% of IGPT is its ten largest holdings.
What's inside SPGM: Tech 35%, Magnificent 7 19%.
22% of SPGM is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “IGPT vs SPGM holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/igpt-vs-spgm
- Invesco AI and Next Gen Software ETF (IGPT)
- State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM)
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