IGV — iShares Expanded Tech-Software Sector ETF
Technology Ranked #433 of 458 tracked ETFs · Issued by iShares
IGV Price Performance — Growth of $10,000
Value of a $10,000 investment in IGV over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
IGV Drawdown
The "underwater" chart: IGV's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in IGV?
See what a lump sum in IGV would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The iShares Expanded Tech-Software Sector ETF (IGV) is a technology sector fund managed by iShares with $13.5 billion in assets under management. It currently holds an overall rank of #433 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of D with a score of 35.2 out of 100. The fund charges an expense ratio of 0.39% and offers a dividend yield of 0.02%. Trading at a price of $91.78, the substantial asset base suggests significant investor adoption despite the lower ranking. This fund operates within a category containing 17 other ETFs tracked by ETFValuer. The combination of a high asset count and a low grade indicates a divergence between market size and current performance metrics. Investors are exposed to a specific software-focused segment within the broader technology industry through this vehicle.
Recent price action shows a one-day return of +0.96% following a slight one-week decline of -0.04%. The fund posted a one-month gain of +4.06% and a three-month increase of +7.45%, indicating short-term momentum. However, the six-month return is -7.10%, and year-to-date performance stands at -10.55%, reflecting a reversal from the earlier quarterly gains. The one-year return is -18.54%, which contrasts sharply with the three-year return of +30.04%. This pattern suggests a recent period of underperformance relative to the longer-term positive trajectory. The data points to a deceleration in returns over the last six months after a period of growth in the prior year.
The fund carries a high volatility label and a beta of 1.17, indicating that its price movements tend to be more pronounced than the broader market. A Sharpe ratio of -0.81 suggests that the risk-adjusted returns have been negative over the measured period. The maximum drawdown of -36.61% highlights the potential for significant capital loss during market downturns. This combination of high beta and negative Sharpe ratio implies that the fund has experienced substantial declines without generating sufficient compensation for the risk taken. The high volatility and deep drawdown figures together characterize the ETF as a sensitive instrument that amplifies market swings in both directions.
AI-generated summary based on the data on this page.
IGV Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Palantir Technologies, Inc. | 9.03% | $901M |
| 2 | Microsoft Corp. | 8.55% | $852M |
| 3 | BlackRock Funds III | 7.83% | $780M |
| 4 | Oracle Corp. | 7.07% | $705M |
| 5 | Salesforce, Inc. | 6.95% | $693M |
| 6 | ServiceNow, Inc. | 5.87% | $585M |
| 7 | Intuit, Inc. | 5.84% | $583M |
| 8 | AppLovin Corp. | 5.54% | $552M |
| 9 | Adobe, Inc. | 4.40% | $439M |
| 10 | Palo Alto Networks, Inc. | 4.22% | $421M |
Holdings as of 2025-09-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 65.3% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IGV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With IGV
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IGV's top 10 — IGM overlaps most, holding 3 of the same companies as IGV's top 10 (24.6% of IGV's assets).
| ETF | Name | Shared Companies | IGV Weight | Examples |
|---|---|---|---|---|
| IGM | iShares Expanded Tech Sector ETF | 3 | 24.6% | Microsoft Corp., Palantir Technologies, Inc., Oracle Corp. |
| XLK | State Street Technology Select Sector SPDR ETF | 2 | 17.6% | Microsoft Corp., Palantir Technologies, Inc. |
| VGT | Vanguard Information Technology Index Fund ETF Shares | 2 | 17.6% | Microsoft Corp., Palantir Technologies, Inc. |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | 2 | 16.4% | Microsoft Corp., BlackRock Funds III |
| DGRW | WisdomTree U.S. Quality Dividend Growth Fund | 2 | 15.6% | Microsoft Corp., Oracle Corp. |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What IGV's Fees Cost You
IGV charges an expense ratio of 0.39% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
IGV Dividend Income Estimator
IGV currently yields 0.02%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
IGV Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.81% and average daily volume is 18.5M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $13.5B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: IGV is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
IGV Performance History
| Period | Return |
|---|---|
| 1-Day | +0.96% |
| 1-Week | -0.04% |
| 1-Month | +4.06% |
| 3-Month | +7.45% |
| 6-Month | -7.10% |
| YTD | -10.55% |
| 1-Year | -18.54% |
| 3-Year | +30.04% |
How IGV Compares to Other Technology ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #32 | B+ |
SMH | VanEck Semiconductor ETF | +84.79% | 0.35% | $77.2B |
| #37 | B+ |
SOXX | iShares Semiconductor ETF | +104.42% | 0.34% | $47.8B |
| #44 | B+ |
XLK | State Street Technology Select Sector SPDR ETF | +31.29% | 0.08% | $124B |
| #59 | B |
VGT | Vanguard Information Technology Index Fund ETF Shares | +29.36% | 0.09% | $169B |
| #66 | B |
SOXQ | Invesco PHLX Semiconductor ETF | +96.24% | 0.19% | $2.77B |
| #88 | B |
FTEC | Fidelity MSCI Information Technology Index ETF | +30.04% | 0.084% | $21.0B |
| #114 | B |
IYW | iShares U.S. Technology ETF | +29.54% | 0.38% | $25.4B |
| #115 | B |
XSD | State Street SPDR S&P Semiconductor ETF | +77.88% | 0.35% | $3.48B |
| #117 | B |
PSI | Invesco Semiconductors ETF | +114.53% | 0.56% | $3.10B |
| #134 | B |
IGM | iShares Expanded Tech Sector ETF | +30.35% | 0.39% | $10.7B |
| #274 | C |
CIBR | First Trust NASDAQ Cybersecurity ETF | +20.68% | 0.58% | $13.8B |
| #285 | C |
HACK | Amplify Cybersecurity ETF | +23.20% | 0.6% | $2.59B |
| #400 | D |
SKYY | First Trust Cloud Computing ETF | +11.40% | 0.6% | $2.72B |
| #417 | D |
FDN | First Trust Dow Jones Internet Index Fund | -0.92% | 0.49% | $4.98B |
| #425 | D |
BUG | Global X Cybersecurity ETF | +5.47% | 0.5% | $1.20B |
| #433 | D |
IGV | iShares Expanded Tech-Software Sector ETF | -18.54% | 0.39% | $13.5B |
| #446 | F |
XSW | State Street SPDR S&P Software & Services ETF | -6.81% | 0.35% | $402M |