IGM
iShares Expanded Tech Sector ETF

Price: $299.91
Change: $3.08 (0.01%)
Last Updated:

Vitals

Brand iShares
Structure ETF
Expense Ratio 0.40%
ETF Home Page Home page
Inception Mar 13, 2001

Analyst Report

This ETF offers low cost exposure to the U.S. tech sector, making it one of many options available to investors seeking to access an industry that is capable of remarkable rallies and steep declines over short periods of time. Given the sector-specific focus, IGM is probably too granular for those building a long-term, buy-and-hold portfolio, but can be useful for investors putting on a tactical tilt or looking to beef up tech sector exposure. IGM’s primary appeal is its wide scope in holdings, the fund has more than 250 securities in total and does a decent job of spreading assets around among these companies. However, it should be noted that typical tech giants such as Apple, IBM, and Microsoft dominate the top of the list of holdings and may already be found in large quantities in other parts of an investor’s portfolio. VGT and XLK offer generally similar exposure, while the equal-weighted RYT gives investors an option that will be more balanced in nature and avoid concentrations in a small handful of tech giants.

ETF Database Themes

Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Growth
Sector (General) Technology
Sector (Specific) Broad
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: North America Broad Technology
Category Sector
Focus Theme
Niche Broad Technology
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $261.80
  • 52 Week Hi $446.67
  • AUM $2,537.5 M
  • Shares 8.6 M

Historical Trading Data

  • 1 Month Avg. Volume 109,504
  • 3 Month Avg. Volume 94,920

Alternative ETFs in the ETF Database Technology Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FTEC 0.08% $5.3 B 185,562 -24.31%
Largest (AUM) VGT 0.10% $42.1 B 814,923 -24.43%
Most Liquid (Volume) XLK 0.10% $40.8 B 8 M -22.18%
Top YTD Performer TDV 0.46% $124.5 M 13,706 -10.66%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

IGM ETF Database Category Average FactSet Segment Average
Number of Holdings 325 71 325
% of Assets in Top 10 49.72% 47.07% 49.72%
% of Assets in Top 15 58.00% 60.22% 58.00%
% of Assets in Top 50 82.06% 93.71% 82.06%

Size Comparison

IGM ETF Database Category Average FactSet Segment Average
Large (>12.9B) 92.29% 55.51% 92.29%
Mid (>2.7B) 6.13% 21.99% 6.13%
Small (>600M) 1.30% 12.81% 1.30%
Micro (<600M) 0.04% 5.57% 0.04%

IGM Valuation

This section compares the P/E ratio of this ETF to its peers.

IGM
P/E Ratio
43.15
ETF Database Category Average
P/E Ratio
21.79
FactSet Segment Average
P/E Ratio
43.15

IGM Dividend

This section compares the dividend yield of this ETF to its peers.

IGM ETF Database Category Average FactSet Segment Average
Dividend $ 0.18 $ 0.09 $ 0.18
Dividend Date 2021-09-24 N/A N/A
Annual Dividend Rate $ 0.71 $ 0.23 $ 0.71
Annual Dividend Yield 0.16% 0.21% 0.16%

IGM Price and Volume Charts

View charts featuring IGM price and volume data.

IGM Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: -424.49 M 3 Month Net Flows: -883.69 M 6 Month Net Flows: -963.03 M 1 Year Net Flows: -70.67 M 3 Year Net Flows: 349.4 M 5 Year Net Flows: 285.19 M 10 Year Net Flows: 363.79 M

IGM Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.