iShares Expanded Tech-Software Sector ETF (IGV)
$104.34−4.80%close of Oct 16, 2026
iShares Expanded Tech-Software Sector ETF (IGV) is an exchange-traded fund (ETF) run by iShares (BlackRock). This fund owns software companies in North America, plus some video game and online media companies. It charges 0.38% a year. From July 2001 to October 2026 it returned about 9.8% a year, and its worst drop was −62.2%.
Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 16, 2026.
- Yearly fee
- 0.38%
- about $38 on $10,000
- 1-year return
- −7.5%
- to Oct 16, 2026
- Return per year
- 9.8%
- since July 2001
- Worst drop
- −62.2%
- since 2001
- Below its high
- −11.4%
- now
- Volatility
- 26.6%
- yearly swings
- Issuer
- iShares (BlackRock)
- Tracks
- S&P North American Expanded Technology Software Index
- Started trading
- July 10, 2001
- Type
- US stocks, ETF
- Holdings
- 106 holdings as of October 15, 2026
- Expense ratio
- 0.38% a year
How has IGV done since 2001?#
From July 2001 to October 2026, IGV returned about 9.8% a year. The S&P 500 returned about 9.5% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $107,082 at the end, with every dividend reinvested.
| Period | IGV | S&P 500 (SPY) |
|---|---|---|
| 1 month | −0.6% | 1.5% |
| 3 months | 11.4% | 1.9% |
| 6 months | 23.7% | 9.3% |
| Year to date | −1.3% | 12.8% |
| 1 year | −7.5% | 16.8% |
| 3 years per year | 13.9% | 22.0% |
| 5 years per year | 4.3% | 12.8% |
| 10 years per year | 16.8% | 15.4% |
| Since 2001 per year | 9.8% | 9.5% |
Periods longer than a year show the return per year (CAGR). Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.
IGV returns by month and year#
IGV rose in 175 of its 304 months (58%). Its best month was October 2001, at 23.5%. Its worst was September 2001, at −23.7%.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −1.3% | −14.5 | −9.7 | −1.9 | 4.8 | 21.2 | −10.9 | 4.4 | 16.3 | −3.2 | −2.0 | ||
| 2025 | 5.6% | 2.8 | −5.3 | −8.7 | 8.0 | 7.9 | 5.6 | 2.0 | −3.2 | 6.4 | 0.4 | −9.9 | 1.5 |
| 2024 | 23.4% | 3.6 | 2.4 | −0.9 | −7.4 | −1.1 | 11.3 | −2.6 | 2.6 | 3.0 | 2.1 | 14.8 | −4.4 |
| 2023 | 58.6% | 10.2 | −1.1 | 9.2 | −2.7 | 10.6 | 5.5 | 5.3 | −1.2 | −5.2 | −1.1 | 16.2 | 3.5 |
| 2022 | −35.6% | −10.7 | −3.7 | 0.9 | −13.0 | −4.7 | −5.7 | 9.5 | −4.7 | −11.1 | 7.0 | 1.6 | −5.9 |
| 2021 | 12.3% | −1.5 | 1.7 | −3.7 | 5.9 | −0.7 | 8.7 | 3.4 | 5.0 | −5.7 | 10.0 | −5.5 | −4.2 |
| 2020 | 52.9% | 6.7 | −5.7 | −9.8 | 14.6 | 11.0 | 6.4 | 3.9 | 9.8 | −4.0 | −2.1 | 10.9 | 4.9 |
| 2019 | 34.3% | 10.8 | 7.8 | 1.8 | 5.3 | −7.0 | 5.9 | 1.6 | −2.8 | −1.8 | 1.4 | 8.0 | 0.5 |
| 2018 | 12.4% | 10.1 | 0.8 | −1.1 | 2.4 | 5.3 | −0.1 | 1.6 | 8.3 | 2.1 | −10.6 | 1.3 | −6.4 |
| 2017 | 42.2% | 7.6 | 4.8 | 3.0 | 3.3 | 6.0 | −1.2 | 3.9 | 3.6 | −0.7 | 7.0 | −0.4 | −0.8 |
| 2016 | 5.8% | −8.6 | −2.1 | 9.2 | −0.3 | 5.8 | −0.9 | 4.9 | 2.1 | 0.9 | −1.0 | −0.5 | −2.6 |
| 2015 | 12.1% | −3.5 | 9.8 | −2.2 | 3.8 | 1.2 | −1.3 | 3.0 | −7.1 | −0.5 | 9.2 | 2.1 | −1.6 |
| 2014 | 13.4% | 0.0 | 5.6 | −3.9 | −4.7 | 3.0 | 5.4 | −1.3 | 4.1 | −2.0 | 4.0 | 3.3 | −0.1 |
| 2013 | 30.7% | 5.9 | 0.5 | 3.6 | −1.8 | 1.9 | −2.1 | 7.9 | 0.1 | 4.1 | 0.0 | 3.1 | 4.4 |
| 2012 | 16.8% | 9.4 | 6.5 | 4.6 | −1.5 | −8.3 | 4.5 | −4.3 | 6.0 | 1.2 | −5.1 | 2.0 | 2.4 |
| 2011 | −7.3% | 0.7 | 3.9 | 1.4 | 4.0 | 0.7 | −2.4 | −6.7 | −7.1 | −4.9 | 15.1 | −3.7 | −6.3 |
| 2010 | 24.6% | −6.5 | 4.2 | 6.3 | 1.4 | −6.8 | −6.3 | 9.8 | 0.0 | 9.8 | 5.9 | 0.4 | 6.0 |
| 2009 | 47.5% | −5.5 | −3.9 | 14.6 | 10.2 | 2.8 | 2.8 | 5.8 | 0.7 | 6.1 | −1.3 | 2.8 | 6.1 |
| 2008 | −38.4% | −9.9 | −4.1 | 0.5 | 5.2 | 9.7 | −8.7 | 0.7 | 3.7 | −10.7 | −22.9 | −8.7 | 2.7 |
| 2007 | 15.8% | 0.8 | −1.6 | 2.0 | 3.2 | 4.6 | −2.2 | −3.5 | 3.0 | 5.7 | 7.8 | −7.4 | 3.5 |
| 2006 | 10.8% | 3.8 | −2.6 | 2.1 | 1.3 | −10.2 | −0.1 | −0.1 | 6.7 | 7.8 | 2.1 | 2.8 | −1.9 |
| 2005 | −5.5% | −6.9 | −1.2 | −2.6 | −5.2 | 9.5 | −3.0 | 4.8 | −0.8 | 2.8 | 0.5 | −2.5 | −0.1 |
| 2004 | 13.8% | 2.7 | −1.8 | −0.5 | −4.0 | 1.9 | 2.8 | −11.1 | −3.7 | 6.3 | 9.8 | 6.5 | 6.1 |
| 2003 | 50.0% | 3.3 | −2.1 | −3.5 | 12.2 | 12.5 | 0.4 | 1.5 | 8.9 | −2.0 | 8.4 | −0.5 | 4.0 |
| 2002 | −44.7% | 1.0 | −15.7 | 6.5 | −20.1 | −8.4 | −9.0 | −14.4 | −1.2 | −11.0 | 19.8 | 17.6 | −13.5 |
| 2001 | −10.1% | −2.6 | −20.3 | −23.7 | 23.5 | 16.3 | 5.7 |
Each month runs from the last close of the month before. The first month counts from the first close.
How risky is IGV compared with the S&P 500?#
Measured from October 2021 to October 2026, on the days both traded.
- Beta 1.32. When the S&P 500 moved 1% in a day, IGV tended to move about 1.32%.
- Correlation 0.78. IGV moved with the S&P 500 some of the time.
- Up and down months. In months the S&P 500 rose, IGV rose 102% as much on average. In months it fell, IGV fell 141% as much.
| Measure | IGV | S&P 500 (SPY) |
|---|---|---|
| Return per year | 4.0% | 12.8% |
| Volatility | 28.9% | 17.1% |
| Worst drop | −45.9% | −24.5% |
| Sharpe ratio | 0.28 | 0.79 |
| Sortino ratio | 0.40 | 1.15 |
| Calmar ratio | 0.09 | 0.52 |
Volatility is how much the price swings in a year. The Sharpe ratio is return per unit of volatility, the Sortino ratio counts only the falls, and the Calmar ratio is the return per year over the worst drop. Higher ratios mean more return for the risk taken.
Is IGV above its 200-day average?#
IGV closed 11.3% above its 200-day average on October 16, 2026. A rule that holds IGV only above that average would hold it today.
- vs 200-day average
- +11.3%
- above it
- 50-day vs 200-day
- +13.0%
- trend rising
- vs 52-week high
- −10.9%
- high of $117.06
A moving average is the average close over the last so many days. Trend rules such as the 10-month moving average strategy hold a fund only while it is above one. You can build that rule for IGV and backtest it in a minute.
What was IGV’s worst drop?#
A drawdown is how far a fund falls from its last high point. IGV’s worst fall was −62.2%, from July 17, 2001 to October 7, 2002. It got back to that high on October 1, 2007. On October 16, 2026 it was 11.4% below its highest close.
| Drop | From the high | To the bottom | Back to the high |
|---|---|---|---|
| −62.2% | Jul 17, 2001 | Oct 7, 200215 months | Oct 1, 20075.0 years |
| −49.8% | Oct 31, 2007 | Nov 20, 200813 months | Oct 26, 201023 months |
| −45.9% | Nov 9, 2021 | Nov 4, 202212 months | Sep 24, 202423 months |
| −36.6% | Sep 22, 2025 | Apr 10, 20267 months | Not yet |
| −30.3% | Feb 19, 2020 | Mar 16, 202026 days | May 29, 20202 months |
Big drops are normal for some funds. They matter because selling during a drop locks in the loss.
What does IGV hold?#
This fund owns software companies in North America, plus some video game and online media companies. It sticks to a small corner of the market. Its price can rise and fall more than the overall stock market.
It tracks the S&P North American Expanded Technology Software Index. It had 106 holdings as of October 15, 2026, according to iShares (BlackRock).
What is the IGV expense ratio?#
IGV charges 0.38% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.38% fee comes to about $38 a year. Of the 162 ETFs on Tactfolio, 15% charge more.
You never get a bill for it. The fund takes the fee out of its own value a little each day.
Which Tactfolio strategies hold IGV?#
No classic strategy holds IGV yet. You can add it to your own rules in the builder and see how they would have done.
How does IGV compare with similar ETFs?#
Funds that can stand in for IGV:
- XLK: State Street Technology Select Sector SPDR ETF, 0.08% a year
- FTEC: Fidelity MSCI Information Technology Index ETF, 0.084% a year
- VGT: Vanguard Information Technology ETF, 0.09% a year
- IYW: iShares U.S. Technology ETF, 0.37% a year
See all 8 IGV alternatives, compared on the same dates as IGV.
Test IGV in your own rules#
Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add IGV, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.
The details#
Prices come from Tactfolio’s stored daily prices for IGV and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.
Fund facts come from iShares (BlackRock). We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.
Common questions#
What is the expense ratio of IGV?#
IGV charges 0.38% a year, according to iShares (BlackRock) as of October 17, 2026. That is about $38 a year for every $10,000 you hold.
When did IGV start trading?#
IGV started trading on July 10, 2001. It is run by iShares (BlackRock).
What does IGV track?#
IGV tracks the S&P North American Expanded Technology Software Index. This fund owns software companies in North America, plus some video game and online media companies.
How much has IGV returned per year?#
From July 2001 to October 2026, IGV returned about 9.8% a year with dividends reinvested. Its worst drop was −62.2%. Past returns do not tell you what it will do next.
Is IGV above its 200-day moving average?#
On October 16, 2026, IGV closed 11.3% above its 200-day moving average. This page updates after each US market close.
Which strategies use IGV?#
None of Tactfolio’s classic strategies hold IGV yet. You can test it in your own rules in the builder.