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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
Large, Established Fund
The ETF manages a sizable pool of assets, which can support liquidity and make it easier for investors to trade in and out.
Focused Software Exposure
The fund provides targeted access to leading software and technology companies, giving investors a concentrated way to invest in this growth-oriented area.
High-Quality Brand-Name Holdings
Many of the top positions are well-known, financially solid technology leaders, which can add stability within an otherwise volatile sector.
Negative Factors
Recent Weak Performance
The ETF has shown weak returns over the past month, quarter, and year-to-date, indicating it has been under pressure recently.
Heavy Concentration in a Single Sector
With the vast majority of assets in technology and related industries, the fund is highly sensitive to downturns in the tech sector.
Limited Geographic Diversification
The portfolio is almost entirely invested in U.S. companies, offering little protection if the U.S. market or economy struggles.
IGV vs. SPDR S&P 500 ETF (SPY)
AUM7.75B
RegionNorth America
Expense Ratio0.39%
Beta1.33
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. Volume31,287,950
30 Day Avg. Volume10,122,150
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
129.24Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering113
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 mainly on U.S. software companies, from big names like Microsoft and Adobe to newer tech firms in areas such as cloud computing, cybersecurity, and artificial intelligence. Investors might consider IGV if they want growth potential from the software and tech trend, while still spreading their money across many companies instead of picking single stocks. A key risk is that it is heavily concentrated in technology, so its price can rise and fall sharply with the tech sector.
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 heavily tilted toward big-name software and AI plays, and lately that concentration has been a double-edged sword. Microsoft and Palo Alto Networks are holding up relatively better, acting as the fund’s stabilizers, while high-profile cloud and AI names like Salesforce, Adobe, and ServiceNow have been losing steam and weighing on returns. Intuit and AppLovin add to the recent softness, showing more pronounced declines. With almost all exposure in North American tech and software, the fund is making a focused bet that this recent slump is a pause, not the end of the story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Microsoft | 9.45% | $748.00M | $2.98T | -1.74% | 79 Outperform | |
| Oracle | 8.09% | $640.51M | $460.26B | -8.05% | 66 Neutral | |
| Palantir Technologies | 7.88% | $623.77M | $313.21B | 10.28% | 74 Outperform | |
| Salesforce | 7.34% | $581.49M | $177.77B | -41.90% | 80 Outperform | |
| Palo Alto Networks | 5.50% | $435.33M | $134.91B | -16.54% | 73 Outperform | |
| Adobe | 4.58% | $362.41M | $108.36B | -42.64% | 80 Outperform | |
| Intuit | 4.53% | $358.51M | $111.14B | -32.00% | 73 Outperform | |
| CrowdStrike Holdings | 4.47% | $353.63M | $108.31B | -4.89% | 67 Neutral | |
| AppLovin | 4.30% | $340.35M | $131.99B | -23.44% | 74 Outperform | |
| ServiceNow | 3.74% | $296.20M | $112.01B | -45.73% | 75 Outperform |
IGV Technical Analysis
Negative
―
Price Trends
99.80
Negative
105.62
Negative
106.62
Negative
Market Momentum
-5.39
Positive
31.94
Neutral
26.46
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 89.94, equal to the 50-day MA of 99.80, and equal to the 200-day MA of 106.62, indicating a bearish trend. The MACD of -5.39 indicates Positive momentum. The RSI at 31.94 is Neutral, neither overbought nor oversold. The STOCH value of 26.46 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
82.77
-25.06
-23.24%
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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