Invest in IGV ETF offering exposure to Technology-Software sector with strong performance

From Nasdaq: 2024-05-27 06:20:06

The iShares Expanded Tech-Software Sector ETF (IGV) was launched in 2001 and is a passive fund offering exposure to the Technology – Software sector. With assets over $6.26 billion, it seeks to mirror the S&P North American Technology-Software Index. Its expense ratio is 0.41% and top holdings include Microsoft and Salesforce.

Investors find diversified exposure in sector ETFs like IGV, offering low risk to a broad range of companies. IGV has 96.80% invested in Information Technology, with top holdings in Microsoft and Salesforce. Its performance this year sees a 2.18% return and a 34.44% increase over the last year.

Despite being high-risk, IGV maintains a beta of 1.06 and standard deviation of 27.45%. IGV holds a Zacks ETF Rank of 1 (Strong Buy) and is suitable for investors looking for exposure in Technology ETFs. Alternative options like IGPT and XSW are available for investor consideration in this space.

For more information and analysis on IGV and other ETFs, visit the Zacks ETF Center. Zacks’ free Fund Newsletter offers weekly insights on top-performing ETFs. Find the latest recommendations and analysis from Zacks Investment Research for free. Subscribers can receive key ETF info directly to their inbox.



Read more at Nasdaq: Should You Invest in the iShares Expanded Tech-Software Sector ETF (IGV)?