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-focused fund issued by iShares with $13.9 billion in assets under management. It holds a D grade and ranks 17th out of 17 peers in its category, placing it at the bottom of the group. The fund’s 0.38% expense ratio is slightly above the category median of 0.37%, while its 0.04% dividend yield trails the median of 0.19%. Concentration is notable, with the top 10 holdings comprising 62.9% of assets and Palo Alto Networks, Inc. representing the largest single position at 10.4%.

IGV’s price of $110.59 sits at 83.6% of its 52-week range, reflecting a recent upward trajectory. Short-term returns show acceleration, with the one-month gain of 3.21% expanding into a 21.65% rise over three months. However, this momentum contrasts with the one-year horizon, where the fund posted a -2.55% return compared to the category median of +29.02%. The three-year record of +65.80% provides a longer-term perspective, though the fund’s rating has remained unchanged at D for the last 35 tracked days. Historical data is available for only 3.0 years, limiting the depth of long-term analysis.

The fund exhibits Very High volatility at 32.40% annualized, accompanied by a beta of 1.22, indicating greater sensitivity to market movements than the broader index. This heightened risk is reflected in a maximum drawdown of -36.61% and a negative Sharpe ratio of -0.23, suggesting poor risk-adjusted returns. Despite the high volatility, liquidity remains robust with an average daily volume of 10,308,004 shares. The combination of high volatility and negative risk-adjusted performance underscores the fund's recent struggle to outperform its peers on a risk-adjusted basis.

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

IGV Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 62.9% 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 — XT overlaps most, holding 2 of the same companies as IGV's top 10 (18.4% 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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IGV Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 10.3M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $13.9B 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