IGV has underperformed the broader technology sector, but has attractive earnings growth rates and valuation. Consensus forecasts show mid to high-teens earnings growth for software stocks in IGV's portfolio between 2024 and 2026. IGV's growth potential is lower than the broader technology sector, but its valuation is not expensive compared to historical averages.
Technology stocks have been market leaders. And over the past couple weeks, the broader tech market has been consolidating gains.
Launched on 07/10/2001, the iShares Expanded Tech-Software Sector ETF (IGV) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Software segment of the equity market.