Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
iShares Expanded Tech Sector ETF (IGM)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: IGM (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type ETF | Historic Profit 40.9% | Avg. Invested days 55 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Volume (30-day avg) 427644 | Beta 1.3 | 52 Weeks Range 79.48 - 108.67 | Updated Date 03/28/2025 |
52 Weeks Range 79.48 - 108.67 | Updated Date 03/28/2025 |
Upturn AI SWOT
iShares Expanded Tech Sector ETF
ETF Overview
Overview
The iShares Expanded Tech Sector ETF (IGV) provides exposure to U.S. software and IT services companies, offering a focused investment in the technology sector beyond traditional hardware companies. It aims to track the S&P North American Expanded Technology Software Index.
Reputation and Reliability
BlackRock is a leading global asset manager with a strong reputation for innovation and reliability in the ETF market.
Management Expertise
BlackRock has extensive expertise in managing ETFs, leveraging a large team of investment professionals and sophisticated risk management systems.
Investment Objective
Goal
To track the investment results of the S&P North American Expanded Technology Software Index, composed of North American equities in the software sub-industry.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, seeking to replicate the performance of its benchmark index.
Composition The ETF primarily holds stocks of software and IT services companies.
Market Position
Market Share: IGV holds a significant, but not dominant, market share within the software-focused ETF segment.
Total Net Assets (AUM): 5910000000
Competitors
Key Competitors
- First Trust Cloud Computing ETF (SKYY)
- ARK Innovation ETF (ARKK)
- Global X FinTech ETF (FINX)
- WisdomTree Cloud Computing Fund (WCLD)
Competitive Landscape
The software ETF market is competitive, with several ETFs targeting different segments of the technology sector. IGV's advantage lies in its focus on established software and IT service companies, offering stability but potentially limiting upside compared to more disruptive or specialized ETFs like ARKK or SKYY. Competitors such as WCLD and FINX offer even more specific technology-sector exposures.
Financial Performance
Historical Performance: Historical performance can be found on financial websites. Performance varies greatly based on the time period observed.
Benchmark Comparison: IGV's performance closely tracks the S&P North American Expanded Technology Software Index, with minor deviations due to expenses and tracking error.
Expense Ratio: 0.41
Liquidity
Average Trading Volume
IGV typically exhibits good liquidity, facilitating easy entry and exit for investors.
Bid-Ask Spread
The bid-ask spread is generally tight, reflecting the ETF's ample trading volume and investor interest.
Market Dynamics
Market Environment Factors
The growth prospects of the software and IT services sector, economic indicators, interest rates, and overall market sentiment significantly impact IGV's performance.
Growth Trajectory
IGV's growth is tied to the ongoing digital transformation, cloud computing adoption, and enterprise software spending trends. Changes in strategy are infrequent, reflecting its passive index-tracking approach.
Moat and Competitive Advantages
Competitive Edge
IGV benefits from BlackRock's established brand and distribution network, which contributes to its AUM and liquidity. Its focus on established software companies provides a degree of stability compared to ETFs targeting more volatile or speculative segments. The diversified exposure within the software sector is a competitive advantage. IGV is a cost-effective way to gain exposure to the North American software industry. It provides a stable investment within the technology sector.
Risk Analysis
Volatility
IGV exhibits moderate volatility, reflecting the inherent volatility of the technology sector.
Market Risk
IGV is susceptible to market risk, sector-specific risk (e.g., software spending slowdown), and concentration risk due to its focused holdings.
Investor Profile
Ideal Investor Profile
IGV is suitable for investors seeking targeted exposure to the software and IT services sector, who are comfortable with moderate volatility and understand the sector's growth potential.
Market Risk
IGV is suitable for long-term investors seeking diversified exposure to the software sector. It can be part of the overall portfolio. It is suitable for passive index followers who want sector-specific exposure.
Summary
The iShares Expanded Tech Sector ETF (IGV) offers a targeted approach to investing in the software and IT services sector, tracking the S&P North American Expanded Technology Software Index. BlackRock's management lends credibility, and the fund's liquidity makes it accessible for investors. However, the expense ratio should be taken into account when evaluating the fund. IGV is best suited for investors looking to add a software-focused component to their portfolio with moderate risk tolerance.
Similar Companies
- SKYY
- WCLD
- XSW
- SOXX
- SMH
Sources and Disclaimers
Data Sources:
- iShares website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Market share estimates are approximate and based on available data.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares Expanded Tech Sector ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. A significant portion of the underlying index is represented by securities of companies in the technology industry or sector. It is non-diversified.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.