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IGV - ETF AI Analysis
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iShares Expanded Tech-Software Sector ETF (IGV)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, such as Palantir and Microsoft, have delivered strong year-to-date performance, supporting the ETF's overall gains.
Technology Focus
The ETF's heavy exposure to the technology sector positions it to benefit from growth in innovative industries.
Reasonable Expense Ratio
The fund charges a relatively low expense ratio, making it cost-effective compared to many actively managed funds.
Negative Factors
High Sector Concentration
Over 90% of the ETF is allocated to technology, which increases vulnerability to sector-specific downturns.
Underperforming Holdings
Some top holdings, such as Salesforce and Adobe, have struggled recently, dragging on the fund's short-term performance.
Limited Geographic Diversification
The ETF is overwhelmingly focused on U.S. companies, offering minimal exposure to international markets.
IGV vs. SPDR S&P 500 ETF (SPY)
AUM8.08B
RegionNorth America
Expense Ratio0.39%
Beta1.35
IssueriShares
Inception DateJul 10, 2001
Dividend YieldN/A
Asset ClassEquity
Index TrackedS&P North American Expanded Technology Software Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,347,654
30 Day Avg. Volume4,957,088
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
137.34Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering112
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IGV Summary
The iShares Expanded Tech-Software Sector ETF (IGV) is an investment fund that focuses on software companies, offering exposure to businesses driving innovation in areas like cloud computing, cybersecurity, and artificial intelligence. It tracks the S&P North American Expanded Technology Software Index and includes well-known companies like Microsoft and Salesforce. This ETF is ideal for investors looking to benefit from the growth potential of the tech industry while diversifying their portfolio. However, it’s important to note that IGV is heavily dependent on the technology sector, meaning its value can fluctuate significantly with changes in the tech market.
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
The IGV ETF is heavily concentrated in the software sector, with tech giants like Microsoft and Oracle leading the charge. Microsoft’s steady focus on AI and cloud computing is a bright spot, though recent performance has been mixed, hinting at potential overvaluation. Oracle’s cloud growth is promising, but bearish technical signals are holding it back. Salesforce and ServiceNow are lagging, weighed down by stretched valuations and slowing momentum despite their AI-driven strategies. With a North American focus and a strong tilt toward innovation, the fund’s performance hinges on these software heavyweights finding their stride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Palantir Technologies | 9.17% | $739.94M | $395.10B | 150.98% | 69 Neutral | |
| Microsoft | 8.95% | $722.16M | $3.61T | 14.78% | 73 Outperform | |
| Salesforce | 7.47% | $603.10M | $217.20B | -30.86% | 71 Outperform | |
| Intuit | 6.01% | $485.27M | $175.15B | -1.11% | 73 Outperform | |
| Oracle | 5.76% | $464.61M | $584.30B | 12.18% | 64 Neutral | |
| ServiceNow | 5.72% | $461.68M | $166.97B | -22.92% | 69 Neutral | |
| AppLovin | 5.05% | $407.41M | $198.17B | 78.47% | 73 Outperform | |
| Adobe | 4.43% | $357.30M | $132.91B | -38.19% | 78 Outperform | |
| CrowdStrike Holdings | 4.33% | $349.73M | $125.86B | 44.29% | 65 Neutral | |
| Palo Alto Networks | 4.29% | $346.35M | $129.19B | -3.56% | 68 Neutral |
IGV Technical Analysis
Negative
―
Price Trends
112.17
Negative
111.01
Negative
104.77
Negative
Market Momentum
-3.03
Positive
33.92
Neutral
37.79
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IGV, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 107.93, equal to the 50-day MA of 112.17, and equal to the 200-day MA of 104.77, indicating a bearish trend. The MACD of -3.03 indicates Positive momentum. The RSI at 33.92 is Neutral, neither overbought nor oversold. The STOCH value of 37.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IGV.
IGV Peer Comparison
Comparison Results
Performance Comparison
IGV
iShares Expanded Tech-Software Sector ETF
102.97
-1.79
-1.71%
IGM
iShares Expanded Tech 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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