Invesco AI and Next Gen Software ETF

IGPT

Market cap $783M

Quantum computing is no longer a physics experiment. Google's Willow chip, IBM's quantum roadmap expansion, and IonQ's commercial contracts have pushed the technology from research labs toward real enterprise applications.

Quantum computing ETFs were the hottest names in town for months, but this is no longer the case.

Global X Artificial Intelligence & Technology ETF (NYSEARCA:AIQ) tracks the Indxx Artificial Intelligence & Big Data Index, which targets companies positioned to benefit from AI development and implementation, including hardware providers.

IGV and other software ETFs could rally as easing US-Iran tensions lift supply chains, revive spending, and position tech for a rebound in April.

Three AI-focused ETFs are sitting in very different positions heading into spring 2026.

In just two months, the iShares Expanded Tech-Software Sector ETF fell more than 22%, taking its total decline from its peak to over 30%. In the early weeks of 2026, it seemed as though every weekend a new negative article about the sector was published.

If you're interested in broad exposure to the Technology - Software segment of the equity market, look no further than the Invesco AI and Next Gen Software ETF (IGPT), a passively managed exchange traded fund launched on June 23, 2005.

Micron stands to benefit as AI demand drives a memory chip crunch through 2027, pushing prices higher and steering investors toward targeted ETFs.

IGV and IGPT ETFs, once closely correlated, have diverged sharply as AI disruption fears weigh on software and favor chipmakers. IGPT's August 2023 strategy shift increased semiconductor and AI exposure, driving outperformance versus IGV amid the data center boom. AI coding tools are eroding software moats, reducing switching costs and pricing power, while chipmakers see accelerated growth expectations.

AI stocks have been helping power the market higher for the past three years. The Roundhill's Generative AI ETF, Global X Artificial Intelligence & Technology ETF, and Invesco AI and Next Gen Software ETF are all great ways to invest in the AI trend.