IGV has outperformed the S&P 500 by over 15 percentage points since my bullish call, driven by strong momentum and a solid technical setup. The ETF offers exposure to high-growth US large-cap software names, with a premium P/E but robust historical and forward earnings growth. Technical analysis signals further upside if IGV breaks the $108-$111 range, with a potential target in the low to mid-$140s.
Looking for broad exposure to the Technology - Software segment of the equity market? You should consider the iShares Expanded Tech-Software Sector ETF (IGV), a passively managed exchange traded fund launched on 07/10/2001.
The software industry is immune to trade tariffs, making it a strong investment opportunity amid the tech sector selloff. Software stocks are undervalued with high growth prospects driven by AI adoption, digitalization, and cloud spending. iShares Expanded Tech-Software Sector ETF (IGV) offers diversified exposure to 122 software companies, reducing risk while capitalizing on industry trends.
![]() IGV 20 Dec 2023 | Other | $0.33 Per Share |
![]() IGV 7 Jun 2023 Paid | Quarterly | $0.01 Per Share |
![]() IGV 9 Jun 2022 Paid | Quarterly | $0 Per Share |
![]() IGV 15 Jun 2020 Paid | Quarterly | $0.01 Per Share |
![]() IGV 25 Mar 2020 Paid | Quarterly | $0.23 Per Share |
![]() IGV 20 Dec 2023 | Other | $0.33 Per Share |
![]() IGV 7 Jun 2023 Paid | Quarterly | $0.01 Per Share |
![]() IGV 9 Jun 2022 Paid | Quarterly | $0 Per Share |
![]() IGV 15 Jun 2020 Paid | Quarterly | $0.01 Per Share |
![]() IGV 25 Mar 2020 Paid | Quarterly | $0.23 Per Share |
BATS Exchange | US Country |
The company is an investment entity that concentrates its investments primarily in the component securities of its designated index, which focuses on the U.S. software industry along with select companies from the interactive home entertainment and interactive media and services sub-industries both in the U.S. and Canada. The fund is committed to investing at least 80% of its assets in the securities that comprise its underlying index or in investments that closely mimic the economic characteristics of these component securities. This strategy aims to measure and capture the performance of leading companies within the specified sectors. However, it is notable that the fund operates with a non-diversified status, meaning it may invest more heavily in fewer securities, thus potentially subjecting investors to greater risks and volatility compared to diversified funds.
The fund invests a minimum of 80% of its assets in the securities that form its underlying index. This approach is designed to closely replicate the economic characteristics and performance of these securities, providing investors with exposure to leading companies in the software, interactive home entertainment, and interactive media and services industries across the U.S. and Canada.
In addition to direct investments in component securities, the fund also allocates assets to investments that exhibit substantially identical economic characteristics to those of the underlying index's securities. This strategy ensures that the fund's portfolio mirrors the performance and characteristics of its specified sectors, aiming for consistency and alignment with its investment objectives.
The underlying index targets the performance of stocks from the software industry as well as selected companies within the interactive home entertainment and interactive media and services sub-industries. This specialized focus allows the fund to capture growth and innovation within key sectors of the technology and digital entertainment markets in North America.
As a non-diversified fund, this investment vehicle might allocate its assets in larger proportions to a smaller number of securities. While this can lead to higher returns if those securities perform well, it also means the fund is more exposed to the risk of significant losses from the underperformance of any single investment. This structure demands investors to consider their risk tolerance and investment objectives closely.