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IGM - AI Analysis
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iShares Expanded Tech Sector ETF (IGM)
Rating:76Outperform
Price Target:
$147.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, like Nvidia, Broadcom, and Palantir, have delivered strong year-to-date performance, driving overall returns.
Focused Sector Exposure
The ETF's heavy allocation to technology and communication services aligns with sectors that have shown strong growth potential.
Reasonable Expense Ratio
The fund's expense ratio is relatively low for a specialized sector ETF, helping investors keep more of their returns.
Negative Factors
High Concentration in Top Holdings
The top 10 holdings make up a significant portion of the portfolio, increasing risk if any of these companies underperform.
Limited Geographic Diversification
The ETF is almost entirely focused on U.S. companies, offering little exposure to international markets.
Sector Overweight Risk
With over 80% of the portfolio in technology, the fund is highly sensitive to downturns in this single sector.
IGM vs. SPDR S&P 500 ETF (SPY)
AUM9.95B
RegionNorth America
Expense Ratio0.39%
Beta1.43
IssueriShares
Inception DateMar 13, 2001
Dividend Yield0.15%
Asset ClassEquity
Index TrackedS&P North American Expanded Technology Sector Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume587,131
30 Day Avg. Volume664,388
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
146.75Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering279
IGM Summary
The iShares Expanded Tech Sector ETF (IGM) is an investment fund that focuses on the technology sector, tracking the S&P North American Technology Sector Index. It includes major companies like Apple and Microsoft, as well as other tech leaders such as Nvidia and Alphabet. This ETF is ideal for investors looking to benefit from the growth and innovation in the tech industry, offering a diversified way to invest in companies driving digital transformation. However, new investors should be aware that the ETF’s performance is heavily tied to the tech sector, which can be volatile and sensitive to market changes.
How much will it cost me?The iShares Expanded Tech Sector ETF (IGM) 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-focused ETF, which often requires more active management compared to broad-market index funds.
What would affect this ETF?The iShares Expanded Tech Sector ETF (IGM) could benefit from continued innovation and growth in the technology sector, driven by advancements in artificial intelligence, cloud computing, and semiconductor development, particularly from top holdings like Apple, Microsoft, and Nvidia. However, it may face challenges from rising interest rates, which can negatively impact tech valuations, and regulatory scrutiny targeting major tech companies in North America. Global economic uncertainty could also influence the performance of its heavily concentrated tech and communication services exposure.
IGM Top 10 Holdings
The iShares Expanded Tech Sector ETF (IGM) is riding the wave of innovation, with Nvidia and Broadcom leading the charge thanks to their strong positioning in AI and semiconductor growth. Alphabet’s steady performance in cloud and AI services adds momentum, while Apple and Microsoft provide stability despite some valuation concerns. However, Meta’s recent dip and Oracle’s mixed signals are holding back the fund slightly. With a heavy concentration in North American tech giants, this ETF is a bet on the future of technology, though its reliance on a few key players adds a layer of risk.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 9.16% | $917.54M | $3.99T | 15.12% | 78 Outperform | |
| Nvidia | 8.76% | $876.95M | $4.89T | 42.32% | 85 Outperform | |
| Microsoft | 8.37% | $838.03M | $4.03T | 25.49% | 83 Outperform | |
| Broadcom | 7.80% | $780.68M | $1.76T | 108.08% | 79 Outperform | |
| Alphabet Class A | 4.79% | $479.52M | $3.24T | 57.63% | 82 Outperform | |
| Meta Platforms | 4.09% | $409.24M | $1.89T | 26.66% | 82 Outperform | |
| Alphabet Class C | 3.86% | $386.33M | $3.24T | 56.85% | 83 Outperform | |
| Netflix | 2.77% | $277.57M | $467.16B | 45.17% | 69 Neutral | |
| Oracle | 2.75% | $275.74M | $800.59B | 61.93% | 66 Neutral | |
| Palantir Technologies | 2.55% | $255.49M | $449.80B | 321.99% | 76 Outperform |
IGM Technical Analysis
Positive
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Price Trends
124.55
Positive
118.77
Positive
108.35
Positive
Market Momentum
2.44
Negative
71.56
Negative
97.59
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IGM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 129.07, equal to the 50-day MA of 124.55, and equal to the 200-day MA of 108.35, indicating a bullish trend. The MACD of 2.44 indicates Negative momentum. The RSI at 71.56 is Negative, neither overbought nor oversold. The STOCH value of 97.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IGM.
IGM Peer Comparison
Comparison Results
Performance Comparison
IGM
iShares Expanded Tech Sector ETF
135.72
37.52
38.21%
IGV
iShares Expanded Tech-Software Sector ETF
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EMLP
First Trust North American Energy Infrastructure Fund
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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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UMI
USCF Midstream Energy Income Fund 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.
Disclaimer
This 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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