IGViShares Expanded Tech-Software Sector ETF
IGV Fund Description
IGV tracks a market-cap-weighted index of US and Canadian software companies.
IGV Factset Analytics Insight
IGV provides diverse exposure to the North American software industry. It caps individual security weights at 8.5% to provide more diverse exposure to a concentrated industry. The index redistributes its portfolio away from tech giants into smaller, more growth-oriented software companies. Canadian firms are included but make up only a small portion of the portfolio. It's a sensible approach for investors who want exposure to the software industry with subdued concentrations. The fund changed indexes on December 24, 2018. The new index is functionally identical but includes specific companies by name (Activision Blizzard, EA, Snap, Take-Two Interactive, and Zynga). These companies were reclassified into the new Communications Services sector at the end of 2018 and would otherwise have been removed from the fund. Stocks are reviewed semiannually in June and December, and weight capping are applied quarterly starting in March.
IGV MSCI ESG Analytics Insight
iShares Expanded Tech-Software Sector ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.48 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Expanded Tech-Software Sector ETF ranks in the 38th percentile within its peer group and in the 66th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IGV MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
IGV Portfolio Data
IGV Index Data
IGV Portfolio Management
IGV Tax Exposures
IGV Fund Structure
IGV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IGV. IGV is rated a 5 out of 5.
IGV Sector/Industry Breakdown
IGV Economic Development
IGV Performance Statistics
IGV MSCI ESG Ratings
IGV Benchmark Comparison Summary
IGV Benchmark Comparison Market Cap Size