IGV - ETF AI Analysis
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iShares Expanded Tech-Software Sector ETF (IGV)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Cybersecurity Leaders
Key holdings in cybersecurity, such as Palo Alto Networks and Fortinet, have shown strong gains, helping support the fund’s overall performance.
Focused Software Exposure
The ETF concentrates on software and related technology companies, giving investors targeted access to a key growth area in the tech sector.
Large Asset Base
The fund manages a substantial amount of assets, which can help with trading liquidity and reduce the impact of large buy or sell orders.
Negative Factors
Weak Recent Performance
The ETF’s year-to-date return has been negative, reflecting recent weakness in many of its software holdings.
Heavy Concentration in Top Holdings
A small group of companies, including Palantir, Microsoft, and CrowdStrike, make up a large share of the portfolio, increasing the impact if any of them perform poorly.
High U.S. and Tech Exposure
With almost all assets in U.S. technology stocks, the fund is highly sensitive to downturns in the U.S. tech sector and offers little geographic or sector diversification.
IGV vs. SPDR S&P 500 ETF (SPY)
AUM15.26B
RegionNorth America
Expense Ratio0.38%
Beta1.39
IssueriShares
Inception DateJul 10, 2001
Dividend Yield0.02%
Asset ClassEquity
Index TrackedS&P North American Expanded Technology Software Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7,480,277
30 Day Avg. Volume10,658,767
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
132.33Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering106
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IGV Summary
IGV is the iShares Expanded Tech-Software Sector ETF, which follows the S&P North American Expanded Technology Software Index. It focuses on software companies, from big names to newer players, that build programs for businesses, security, and cloud services. Well-known holdings include Microsoft and Oracle. Someone might invest in IGV to tap into the long-term growth of technology and get diversified exposure to many software firms in a single fund. However, because it is heavily concentrated in tech and software, its price can swing a lot and may fall sharply if the tech sector struggles.
How much will it cost me?The iShares Expanded Tech-Software Sector ETF (IGV) has an expense ratio of 0.39%, meaning you’ll pay $3.90 per year for every $1,000 invested. This is slightly higher than average because it is a sector-specific ETF, focusing on actively managed exposure to the software industry rather than broader, passively managed indexes.
What would affect this ETF?The IGV ETF, focused on the software sector, could benefit from growing demand for cloud computing, cybersecurity, and artificial intelligence, as these technologies drive innovation and adoption across industries. However, rising interest rates or economic slowdowns could negatively impact tech companies, as they often rely on growth funding and are sensitive to consumer and business spending. Additionally, regulatory changes in North America, where the ETF is geographically concentrated, could pose risks to its top holdings like Microsoft and Salesforce.
IGV Top 10 Holdings
IGV is leaning hard into high-growth software and cybersecurity, with North American names like CrowdStrike, Palo Alto Networks, Fortinet, and Datadog doing much of the heavy lifting as their stocks keep rising on strong demand for digital security and cloud tools. Palantir has also been a bright spot, riding enthusiasm around AI. On the other side of the ledger, legacy and platform players such as Oracle, Adobe, ServiceNow, and Salesforce have been lagging lately, losing some steam despite solid businesses. Microsoft sits in the middle, steady but not the main performance engine here.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Palantir Technologies | 9.36% | $1.42B | $481.81B | 4.42% | 74 Outperform | |
| Palo Alto Networks | 8.74% | $1.33B | $302.88B | 64.51% | 73 Outperform | |
| Microsoft | 8.68% | $1.32B | $4.01T | 3.01% | 79 Outperform | |
| CrowdStrike Holdings | 7.95% | $1.21B | $250.42B | 87.67% | 67 Neutral | |
| Oracle | 6.58% | $999.11M | $406.60B | -55.98% | 66 Neutral | |
| ServiceNow | 4.75% | $720.46M | $153.62B | -21.44% | 75 Outperform | |
| Salesforce | 4.23% | $642.50M | $203.07B | -0.98% | 80 Outperform | |
| Fortinet | 3.77% | $572.15M | $133.47B | 102.70% | 71 Outperform | |
| Adobe | 3.36% | $510.52M | $97.95B | -26.42% | 80 Outperform | |
| Intuit | 3.04% | $460.91M | $88.23B | -50.84% | 73 Outperform |
IGV Technical Analysis
Neutral
―
Price Trends
105.90
Negative
99.65
Positive
93.72
Positive
Market Momentum
1.04
Positive
43.31
Neutral
19.52
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IGV, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 108.29, equal to the 50-day MA of 105.90, and equal to the 200-day MA of 93.72, indicating a neutral trend. The MACD of 1.04 indicates Positive momentum. The RSI at 43.31 is Neutral, neither overbought nor oversold. The STOCH value of 19.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IGV.
IGV Peer Comparison
Comparison Results
Performance Comparison
IGV
iShares Expanded Tech-Software Sector ETF
104.34
-9.53
-8.37%
IGM
iShares Expanded Tech Sector ETF
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EMLP
First Trust North American Energy Infrastructure Fund
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MLPI
NEOS MLP & Energy Infrastructure High Income ETF
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NANR
SPDR S&P North American Natural Resources ETF
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IGE
iShares North American Natural Resources ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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