IGV - ETF AI Analysis
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iShares Expanded Tech-Software Sector ETF (IGV)
Rating:71Outperform
Price Target:―
Positive Factors
Targeted Software Exposure
The fund focuses on leading software and related technology companies, giving investors concentrated access to a key growth area of the tech sector.
Large Asset Base
With a sizable amount of money invested in the fund, it benefits from strong investor interest and typically better trading liquidity.
Reasonable Fee for a Niche Sector Fund
The expense ratio is moderate for a specialized technology ETF, so investors are not paying unusually high ongoing costs for this focused exposure.
Negative Factors
Recent Weak Performance
The ETF has shown negative returns so far this year and over the last few months, indicating recent performance has been weak.
High Concentration in Top Holdings
A small group of large positions like Oracle, Microsoft, and Palantir make up a big share of the portfolio, increasing the impact if any of these stocks struggle.
Very Limited Geographic Diversification
Almost all of the fund’s holdings are in U.S. companies, so investors are heavily exposed to the U.S. tech market and get little benefit from international diversification.
IGV vs. SPDR S&P 500 ETF (SPY)
AUM14.13B
RegionNorth America
Expense Ratio0.39%
Beta1.30
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. Volume15,114,434
30 Day Avg. Volume20,626,458
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
119.19Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering107
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IGV Summary
IGV is the iShares Expanded Tech-Software Sector ETF, which tracks the S&P North American Expanded Technology Software Index. It focuses on software companies, mainly in the U.S., including big names like Microsoft and Oracle, as well as fast-growing firms in cloud, cybersecurity, and business software. Someone might invest in IGV to tap into the long-term growth of the software and digital technology trend while spreading money across many companies instead of picking single stocks. A key risk is that it is heavily concentrated in tech software, so its price can swing a lot and may fall sharply if tech stocks struggle.
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 very much a North American software story, with a heavy tilt toward cloud, cybersecurity, and AI. Fortinet and Palo Alto Networks have been doing the heavy lifting lately, with rising shares helping power the fund’s recent gains, while CrowdStrike and Cadence Design add steady momentum in the background. On the flip side, big names like Microsoft, Palantir, Salesforce, and ServiceNow have been losing steam, acting as a brake on performance. With so much weight in a handful of large software players, this ETF lives and dies by the mood around high-growth tech.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Palo Alto Networks | 9.71% | $1.35B | $265.62B | 73.18% | 73 Outperform | |
| Palantir Technologies | 8.20% | $1.14B | $303.96B | -14.99% | 74 Outperform | |
| Microsoft | 8.16% | $1.13B | $2.86T | -23.49% | 79 Outperform | |
| CrowdStrike Holdings | 7.00% | $972.99M | $190.60B | 57.85% | 67 Neutral | |
| Oracle | 5.89% | $818.08M | $405.11B | -42.63% | 66 Neutral | |
| Salesforce | 4.91% | $682.12M | $133.76B | -36.71% | 80 Outperform | |
| AppLovin | 4.59% | $637.38M | $170.31B | 51.29% | 74 Outperform | |
| ServiceNow | 4.11% | $571.81M | $111.08B | -42.16% | 75 Outperform | |
| Cadence Design | 3.93% | $545.45M | $105.96B | 19.83% | 78 Outperform | |
| Fortinet | 3.63% | $504.94M | $115.40B | 59.00% | 71 Outperform |
IGV Technical Analysis
Positive
―
Price Trends
92.41
Positive
87.53
Positive
96.22
Negative
Market Momentum
0.42
Negative
54.46
Neutral
52.77
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IGV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 90.87, equal to the 50-day MA of 92.41, and equal to the 200-day MA of 96.22, indicating a neutral trend. The MACD of 0.42 indicates Negative momentum. The RSI at 54.46 is Neutral, neither overbought nor oversold. The STOCH value of 52.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IGV.
IGV Peer Comparison
Comparison Results
Performance Comparison
IGV
iShares Expanded Tech-Software Sector ETF
92.70
-16.27
-14.93%
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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