IGM
iShares Expanded Tech Sector ETF
IGM tracks the performance of the S&P North American Expanded Technology Sector Index. The ETF holds large-cap technology stocks.
US
EQUITY
Passive
MANAGEMENT STYLE
5.7 B
ASSETS UNDER MGMT
41 bp
EXPENSES
Fund Basics
| Fund sponsor | Barclays Global Fund Advisors |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 13, 2001 |
| Assets (mns) | $5,729 |
| Expense ratio | 41 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 9.4 % |
| META PLATFORMS INC | 8.3 % |
| APPLE INC | 8.0 % |
| MICROSOFT CORP | 7.7 % |
| ALPHABET INC. CLASS A | 4.8 % |
| BROADCOM INC. | 4.2 % |
| ALPHABET INC. CLASS C | 4.0 % |
| NETFLIX INC | 2.8 % |
| SALESFORCE.COM INC | 2.5 % |
| ORACLE CORP | 2.3 % |
Constituent Breakdown
| Number of holdings | 277 |
| Herfindahl-Hirschman Index | 395 |
| Wgt avg mkt cap (mns) | $1,060,280 |
| Large cap (>$10bn) | 95.6% |
| Mid cap ($2-10bn) | 3.8% |
| Small cap (<$2bn) | 0.6% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 95.0 % |
 |
IRELAND | 1.9 % |
 |
CANADA | 1.4 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 28.2% | 53.8% | 41.7% | 10.5% | 21.1% | 19.9% | 11.3% | Volatility | 21.9% | 20.9% | 22.7% | 26.8% | 27.7% | 23.4% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.28 | 83% |
| MSCI EAFE | 0.98 | 50% |
| MSCI Emg Mkts | 0.86 | 38% |
Liquidity Measures
| Avg. volume (000) | 214 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.05% |
| ADV of underlying (mns) | $146,706 |
Technical Indicators
| Recent close | $100.87 |
| 30d moving avg. | $96.77 |
| Annualized volatility | 24.5% |
| Relative strength (RSI) | 51 |
| Short interest (ETF) | 0.4% |
| Short interest (underlying) | 1.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IGM |
Expenses vs. IGM |
ALTAR Score™ vs. IGM |
|---|---|---|---|---|
| IYW | iShares U.S. Technology ETF | 74.4% | -1 bp | +0.1% |
| VGT | Vanguard Information Technology ETF | 70.7% | -31 bp | +0.0% |
| FTEC | Fidelity MSCI Information Technology Index ETF | 69.3% | -33 bp | +0.2% |
| XLK | Technology Select Sector SPDR Fund | 67.6% | -32 bp | +0.7% |
| IXN | iShares Global Tech ETF | 61.2% | 0 bp | +0.1% |
| QQQ | Invesco QQQ Trust Series I | 59.9% | -21 bp | +0.2% |
| QQQM | Invesco NASDAQ 100 ETF | 59.9% | -26 bp | +0.3% |
| QQMG | Invesco ESG NASDAQ 100 ETF | 58.6% | -21 bp | +0.4% |
| QTOP | iShares Nasdaq Top 30 Stocks ETF | 55.7% | -21 bp | +0.3% |
| IETC | iShares U.S. Tech Independence Focused ETF | 53.6% | -23 bp | +0.1% |
Risk and Returns: IGM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IGM
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
IGM
4.3%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.4%. IGM's ALTAR Score™ is approximately
0.4 standard deviations
below
the category average. This places IGM in the 33rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IGMSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive US Equity ETFs |
| # of ETFs | 192 |
| Avg. Expense Ratio | 31.0 bp |
| Std. Deviation | 25.7 bp |
| IGM (41 bp) Percentile rank | 65 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| IGM | 41.0 | 4.5 | 45.5 |
| Peer Avg. | 28.8 | 6.6 | 35.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .