IGV — iShares Expanded Tech-Software Sector ETF

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.

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 #434 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of F with a score of 34.7 out of 100. The fund charges an expense ratio of 0.39% and offers a dividend yield of just 0.02%. Trading at a price of $87.98, the substantial asset base suggests significant investor adoption despite the low grade. This fund is one of 17 ETFs tracked within the Technology category. The combination of a high expense ratio relative to its grade and minimal income distribution characterizes its current financial profile. Its position near the bottom of the overall rankings contrasts with its large asset size, indicating a divergence between market capitalization and performance metrics.

Recent price action shows a sharp short-term decline followed by a recovery, with the fund falling 5.19% over one week before gaining 2.10% in the subsequent month. Over the longer term, the fund has struggled, posting a year-to-date return of -14.25% and a one-year return of -21.30%. The six-month performance reflects this downward trend with a loss of 9.23%, while the three-month period shows a modest gain of 5.30%. Despite the recent negative annual performance, the three-year return remains positive at +20.76%. The one-day return of +1.01% indicates a brief positive movement amidst the broader negative context. This pattern highlights a significant divergence between short-term volatility and the multi-year positive trajectory. The fund's returns have decelerated significantly over the last year compared to its three-year average.

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 -0.91 suggests that the risk-adjusted returns have been negative over the measured period. The maximum drawdown of -36.61% illustrates the severity of potential losses during market downturns. This combination of high beta and a negative Sharpe ratio implies that the fund amplifies market movements while failing to generate sufficient excess return to compensate for the added risk. Investors may experience significant fluctuations in value, particularly when the broader market declines. The high volatility and deep drawdown potential suggest a sensitive reaction to market stress compared to more stable assets.

AI-generated summary based on the data on this page.

IGV Top Holdings

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).

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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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.

IGV Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.51% and average daily volume is 18.4M/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

How IGV Compares to Other Technology ETFs