Skip to Content
ETFs

iShares Expanded Tech-Software Sector ETF

IGV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 10 2001
Expense Ratio
0.41%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$222,931,610
AUM
$6,455,707,756
Associated Index
S&P North American Expanded Technology Software Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MSFT
Microsoft Corporation
8.69%
CRM
Salesforce Inc
8.39%
ADBE
Adobe Inc
8.27%
ORCL
Oracle Corp.
7.88%
INTU
Intuit Inc
6.83%
NOW
ServiceNow Inc
4.42%
PANW
Palo Alto Networks Inc
3.41%
SNPS
Synopsys, Inc.
3.32%
ATVI
Activision Blizzard Inc
3.28%
CDNS
Cadence Design Systems, Inc.
3.06%
Invest with IGV

What is IGV?

The iShares Expanded Tech-Software Sector ETF seeks to track the investment results of an index composed of North American equities in the software industry and select North American equities from interactive home entertainment and interactive media and services industries.

ETFs related toIGV

ETFs correlated to IGV include SKYY, THNQ, QTEC

IGV
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector ETF
SKYY
First Trust Exchange-Traded Fund III - First Trust Cloud Computing ETF
THNQ
Exchange Traded Concepts Trust - ROBO Global Artificial Intelligence ETF
QTEC
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Technology Sector Index Fund
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
XSW
SPDR Series Trust - SPDR S&P Software & Services ETF
NULG
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Growth ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund
CLOU
Global X Funds - Global X Cloud Computing ETF
VGT
Vanguard Group, Inc. - Vanguard Information Technology ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIGV

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IGV using Composer

FAQ

IGV is a US Equities ETF. The iShares Expanded Tech-Software Sector ETF seeks to track the investment results of an index composed of North American equities in the software industry and select North American equities from interactive home entertainment and interactive media and services industries.

IGV tracks the S&P North American Expanded Technology Software Index.

No, IGV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IGV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IGV is 0.004%. This is the percent change in the value of IGV over the most recent 1-month period. The 3-month return on IGV is 0.0199%. This is the percent change in the value of IGV over the most recent 3-month period.

The standard deviation of IGV for the past year is 0.2612%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IGV include XLI, XLY, and XLV.

ETFs correlated to IGV include SKYY, THNQ, and QTEC.

ETFs that are inversely correlated to IGV include WEBS, SQQQ, and QID.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.