IGV
iShares Expanded Tech-Software Sector ETF
The iShares Expanded Tech-Software Sector ETF seeks to track the investment results of an index composed of North American equities in the software industry and select North American equities from interactive home entertainment and interactive media and services industries.
US
EQUITY
Passive
MANAGEMENT STYLE
8.3 B
ASSETS UNDER MGMT
41 bp
EXPENSES
Fund Basics
| Fund sponsor | Barclays Global Investors |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jul 10, 2001 |
| Assets (mns) | $8,255 |
| Expense ratio | 41 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MICROSOFT CORP | 8.9 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 8.8 % |
| SALESFORCE.COM INC | 7.6 % |
| INTUIT INC | 6.5 % |
| SERVICENOW INC | 5.9 % |
| ORACLE CORP | 5.7 % |
| ADOBE SYSTEMS INC | 4.6 % |
| APPLOVIN CORP. CLASS A | 4.6 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 4.3 % |
| PALO ALTO NETWORKS INC | 4.3 % |
Constituent Breakdown
| Number of holdings | 112 |
| Herfindahl-Hirschman Index | 451 |
| Wgt avg mkt cap (mns) | $507,973 |
| Large cap (>$10bn) | 90.8% |
| Mid cap ($2-10bn) | 5.9% |
| Small cap (<$2bn) | 0.8% |
| Developed mkts. | 97.5% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 96.8 % |
 |
CANADA | 0.7 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 15.4% | 26.6% | 30.8% | 29.2% | 13.6% | 18.8% | 14.1% | 10.4% |
| Dividend Yield | 0.0% | 0.0% | 0.3% | 0.2% | 0.1% | 0.3% | 0.2% | 0.2% |
| Total Returns | 15.4% | 26.6% | 31.1% | 29.4% | 13.7% | 19.0% | 14.3% | 10.6% | Ann. Volatility | 27.8% | 27.5% | 24.0% | 24.3% | 26.9% | 25.6% | 24.4% | 26.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.23 | 56% |
| MSCI EAFE | 0.32 | 5% |
| MSCI Emg Mkts | 0.33 | 6% |
Liquidity Measures
| Avg. volume (000) | 5,443 |
| ADV traded (mns) | $556 |
| Turnover | 6.7% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| 30d moving avg. (EMA) | $109.64 |
| Relative strength (RSI) | 35 |
| MACD/Signal | -3.05/-1.95 |
| Bollinger Bands (Upper/Lower) | $119.82/$100.10 |
| Short interest (% of AUM) | 13.3% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IGV |
Expenses vs. IGV |
ALTAR Score™ vs. IGV |
|---|---|---|---|---|
| CLOD | Themes Cloud Computing ETF | 58.2% | -6 bp | +3.7% |
| XDAT | Franklin Exponential Data ETF | 37.6% | +9 bp | +2.5% |
| DRUP | GraniteShares Nasdaq Select Disruptors ETF | 35.1% | +19 bp | +4.2% |
| OGIG | ALPS O'Shares Global Internet Giants ETF | 32.9% | +7 bp | +2.4% |
| IETC | iShares U.S. Tech Independence Focused ETF | 32.6% | -23 bp | +3.9% |
| FTEC | Fidelity MSCI Information Technology Index ETF | 31.7% | -33 bp | +4.1% |
| QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 30.1% | +16 bp | +4.2% |
| XSW | State Street SPDR S&P Software & Services ETF | 30.0% | -6 bp | +3.1% |
| XLK | The Technology Select Sector SPDR Fund | 30.0% | -33 bp | +4.5% |
| DFNV | Donoghue Forlines Innovation ETF | 29.6% | +28 bp | +4.6% |
Risk and Returns: IGV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/24/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
IGV
3.4%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 1006 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.3%. IGV's ALTAR Score™ is approximately
1.0 standard deviations
below
the category average. This places IGV in the 16th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IGVSELL
U/W
HOLD
O/W
BUY