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)
AUM13.70B
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. Volume17,457,001
30 Day Avg. Volume22,636,100
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
122.61Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering110
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 software story, with a heavy North American tilt and a clear bias toward cloud, cybersecurity, and AI. Palo Alto Networks and CrowdStrike are doing the heavy lifting, with their surging cybersecurity businesses giving the fund a strong tailwind. Oracle is also rising as its cloud and AI push gains traction. On the flip side, big anchors like Microsoft, Salesforce, Adobe, and Intuit are losing steam, keeping overall momentum more muted. Palantir and AppLovin add a high-growth, high-volatility twist that can either juice returns or rattle nerves.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Oracle | 9.28% | $1.27B | $530.03B | -10.18% | 66 Neutral | |
| Palo Alto Networks | 8.84% | $1.21B | $234.54B | 44.44% | 73 Outperform | |
| Microsoft | 7.70% | $1.05B | $2.82T | -20.53% | 79 Outperform | |
| Palantir Technologies | 6.96% | $952.26M | $307.98B | -6.43% | 74 Outperform | |
| CrowdStrike Holdings | 6.64% | $908.50M | $174.34B | 43.79% | 67 Neutral | |
| Salesforce | 5.40% | $739.39M | $124.31B | -41.76% | 80 Outperform | |
| AppLovin | 4.84% | $661.79M | $157.79B | 44.66% | 74 Outperform | |
| Cadence Design | 4.06% | $554.82M | $106.85B | 31.14% | 78 Outperform | |
| ServiceNow | 3.57% | $488.97M | $98.02B | -51.08% | 75 Outperform | |
| Fortinet | 3.52% | $481.37M | $106.04B | 44.95% | 71 Outperform |
IGV Technical Analysis
Negative
―
Price Trends
90.14
Negative
86.66
Positive
97.84
Negative
Market Momentum
-0.66
Positive
38.79
Neutral
9.40
Positive
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 94.91, equal to the 50-day MA of 90.14, and equal to the 200-day MA of 97.84, indicating a bearish trend. The MACD of -0.66 indicates Positive momentum. The RSI at 38.79 is Neutral, neither overbought nor oversold. The STOCH value of 9.40 is Positive, 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
89.09
-17.26
-16.23%
IGM
iShares Expanded Tech Sector ETF
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EMLP
First Trust North American Energy Infrastructure Fund
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IGE
iShares North American Natural Resources ETF
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NANR
SPDR S&P North American Natural Resources ETF
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MLPI
NEOS MLP & Energy Infrastructure High Income 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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