IGV vs VGT: Grades, Fees and Holdings Compared

iShares Expanded Tech-Software Sector ETF

IGVCCboe

Vanguard Information Technology ETF

VGTANYSE Arca

Overlap

21.8%by weight

Expense ratio

VGT −0.29pt a year

IGV0.38%VGT0.09%

Avg volume · 30D

IGV 2.6×the volume

IGV11.1MVGT4.23M

10Y return · a year

VGT +7.2pt

IGV+16.7%VGT+23.9%

IGV vs VGT Performance

Oct 29, 2021 – Oct 30, 2026

+18.8%IGV+122.6%VGT

Expense ratio: IGV 0.38%; VGT 0.09%, better
Fund size: IGV $13.5B; VGT $178B
1Y total return: IGV −9.7%; VGT +18.5%, better
Yield (12M): IGV 0.02%; VGT 0.40%, better
Holdings: IGV 108; VGT 321
Avg volume (30D): IGV 11.1M sh, better; VGT 4.23M sh
NAV per share: IGV $104.35; VGT $116.95
52W range

ETF.net Grade

Pillar letters and Scores for IGV, VGT, with each pillar’s weight
Pillar	IGV	VGT
Cost30% weight	B65	A92Higher
Mission25% weight	B69	A84Higher
Risk15% weight	F11	B60Higher
Tradability15% weight	A79Higher	B57
Holdings10% weight	D33	C41Higher
Durability5% weight	A80	A93Higher

Rank among Technology (Broad) funds

How we build Categories ›

Same Category. IGV and VGT are both graded against the same 23 Technology (Broad) funds, so their Grades compare head to head.

Technology (Broad)⁠

Category · 23 funds

See all 23 ›

VGT ranks 3rd and IGV 14th of 23 funds in the Technology (Broad) Category.

Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 82
Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 78
Rank 3AVGTVanguard Information Technology ETFScore 71
Rank 4BRSPTInvesco S&P 500 Equal Weight Technology ETFScore 68
Rank 13CTDVProShares S&P Technology Dividend Aristocrats ETFScore 54
Rank 14CIGViShares Expanded Tech-Software Sector ETFScore 53
Rank 15CFXLFirst Trust Technology AlphaDEX FundScore 51

Our read on each fund

ETF.net Research

IGVCiShares Expanded Tech-Software Sector ETF

VGTAVanguard Information Technology ETF

In short

IGV IGV skips the chip fabs and the hardware and buys the code: about 110 North American software names, plus video games and interactive media. A software-only slice of tech that has been trading since 2001.

VGT Vanguard's technology sleeve, indexed since 2004: roughly 300 US tech stocks running from megacap giants down to small caps, for 0.09% a year. Broad coverage of the sector rather than just its household names.

Stated mandate

IGV The Fund seeks to track an index of North American software equities and selected North American equities from interactive home entertainment and interactive media and services industries.

VGT The fund seeks to track an index measuring the investment return of information technology stocks. It uses an indexing approach for large-, mid-, and small-capitalization U.S. technology companies and normally invests at least 80% of assets in target-index stocks.

Why people hold it

IGV A clean software mandate: the index covers North American software plus interactive home entertainment and interactive media, so semis and hardware stay out.ishares.com
0.38% a year, a shade under the typical fund in its tech-sector group.
Very actively traded and multi-billion-dollar in size, so entering and exiting is rarely the hard part.
Running since 2001 under the iShares roof, a veteran of several full tech cycles rather than a fresh theme launch.ishares.com

VGT Casts a wide net: about 300 US technology stocks across large, mid and small caps, not just the megacap names everyone already knows.vanguard.com
Charges 0.09% a year, roughly a quarter of what the typical technology sector ETF asks.
One of the largest and most actively traded sector funds around, and it has followed its index closely.
Running since 2004 and among the strongest implementations in its technology peer group. Pays quarterly.

Worth knowing

IGV One industry, about 110 stocks. A software-only book swings harder than a diversified tech fund that also holds chips and hardware.
Broad tech rivals VGT, XLK and FTEC charge under a tenth of a percent for much wider coverage. You pay up here for the narrower mandate.
North America only by design, so software companies listed in Europe or Asia sit outside the index.ishares.com

VGT Weighted by market value, so the biggest platform companies drive most of the return. The small caps are along for the ride.
One sector, one country: US technology only, which means bigger swings than a total market fund.
If the last basis point matters, XLK and FTEC list at 0.08%.

Full IGV profile⁠

Full VGT profile⁠

IGV vs VGT Holdings

How IGV and VGT differ

Overlap by weight

21.8%

Shared holdings make up 95.6% of IGV and 24.2% of VGT.

Level by level

Sector11 Sectors0.0%
Holdings99 in both21.8%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in IGV and VGT, widest gap first
Sector	More in IGVMore in VGT	IGV	VGT
Technology	VGT +99.3 points	0.0%	99.3%
Application Software	IGV +51.9 points	51.9%	0.0%
Systems Software	IGV +44.4 points	44.4%	0.0%
Advertising	IGV +2.4 points	2.4%	0.0%
Interactive Home	IGV +1.2 points	1.2%	0.0%
Financials	VGT +0.3 points	0.0%	0.3%
Industrials	VGT +0.3 points	0.0%	0.3%
Interactive Media & Services	IGV +0.2 points	0.2%	0.0%
Consumer Discretionary	VGT +0.1 points	0.0%	0.1%
Materials	Same weight	0.0%	0.0%
Health Care	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in IGV and VGT, widest gap first
Country	More in IGVMore in VGT	IGV	VGT
United States	VGT +0.7 points	99.3%	100.0%
Canada	IGV +0.7 points	0.7%	0.0%

Concentration

Weight in the 10 largest Holdings

IGV59.8%
VGT63.6%

Securities held

IGV106
VGT319

Asset class

IGV: Equity
VGT: Equity

Holdings

Only in IGV7
In both99
Only in VGT220

Only in IGV

7 securities, 4.3% of IGV by weight

Applovin Class A2.19%
Take Two Interactive Software1.18%
Descartes Systems Group0.27%
Open Text0.23%
Snap Inc Class A0.21%
Blackberry0.17%
Lightspeed Commerce0.05%

Only in VGT

220 securities, 75.8% of VGT by weight

NVIDIA Corp17.59%
Apple Inc15.92%
Micron Technology Inc4.46%
Broadcom Inc4.11%
Advanced Micro Devices Inc3.68%
Intel Corp1.99%
Cisco Systems Inc1.60%
Lam Research Corp1.56%
Applied Materials Inc1.53%
KLA Corp0.98%
Texas Instruments Inc0.98%
Sandisk Corp0.97%
Marvell Technology Inc0.88%
Arista Networks Inc0.85%
Amphenol Corp0.80%
Seagate Technology Holdings PLC0.79%
International Business Machines Corp0.77%
QUALCOMM Inc0.76%
Analog Devices Inc0.75%
Dell Technologies Inc0.65%
Western Digital Corp0.61%
Corning Inc0.49%
Snowflake Inc0.45%
Accenture PLC0.45%
Cloudflare Inc0.45%
Hewlett Packard Enterprise Co0.36%
Motorola Solutions Inc0.31%
Lumentum Holdings Inc0.30%
Keysight Technologies Inc0.27%
Teradyne Inc0.27%
Monolithic Power Systems Inc0.27%
TE Connectivity PLC0.27%
NXP Semiconductors NV0.26%
Astera Labs Inc0.23%
Ciena Corp0.21%
Twilio Inc0.21%
Coherent Corp0.21%
Everpure Inc0.20%
NetApp Inc0.19%
Microchip Technology Inc0.19%
Okta Inc0.19%
Flex Ltd0.19%
SLBBH11420.18%
Credo Technology Group Holding Ltd0.15%
HP Inc0.15%
Jabil Inc0.15%
ON Semiconductor Corp0.14%
Teledyne Technologies Inc0.14%
F5 Inc0.14%
Cognizant Technology Solutions Corp0.14%

Weight gaps

All 99 Holdings in both funds, largest gap first.

Holding weights in IGV and VGT, widest gap first
Holding	More in IGVMore in VGT	IGV	VGT
Palo Alto NetworksPANW	IGV +7.83 points	9.07%	1.24%
Crowdstrike Holdings Class ACRWD	IGV +7.53 points	8.55%	1.02%
Palantir Technologies Class APLTR	IGV +7.47 points	9.02%	1.55%
OracleORCL	IGV +5.86 points	6.72%	0.86%
SalesforceCRM	IGV +3.41 points	4.13%	0.72%
Adobe IncADBE	IGV +3.12 points	3.51%	0.39%
IntuitINTU	IGV +2.99 points	3.29%	0.30%
ServicenowNOW	IGV +2.99 points	3.53%	0.54%
SynopsysSNPS	IGV +2.83 points	3.16%	0.33%
Cadence Design SystemsCDNS	IGV +2.81 points	3.19%	0.38%
FortinetFTNT	IGV +2.50 points	2.96%	0.46%
Datadog Inc Class ADDOG	IGV +2.42 points	2.78%	0.36%
MicrosoftMSFT	VGT +2.34 points	8.82%	11.16%
AutodeskADSK	IGV +1.66 points	1.86%	0.20%
Strategy Inc Class AMSTR	IGV +1.52 points	1.68%	0.16%
Roper TechnologiesROP	IGV +1.47 points	1.63%	0.16%
Workday Class AWDAY	IGV +1.22 points	1.40%	0.18%
Atlassian Corp Class ATEAM	IGV +0.93 points	1.08%	0.15%
Zoom Communications Class AZM	IGV +0.78 points	0.89%	0.11%
ZscalerZS	IGV +0.77 points	0.88%	0.11%
PtcPTC	IGV +0.65 points	0.75%	0.10%
Rubrik Class ARBRK	IGV +0.60 points	0.71%	0.11%
Nutanix Class ANTNX	IGV +0.53 points	0.64%	0.11%
Dynatrace IncDT	IGV +0.49 points	0.59%	0.10%
Gen DigitalGEN	IGV +0.48 points	0.55%	0.07%
Fair IsaacFICO	IGV +0.47 points	0.54%	0.07%
Circle Internet Group Inc Class ACRCL	IGV +0.47 points	0.52%	0.05%
Samsara Class AIOT	IGV +0.46 points	0.55%	0.09%
DocusignDOCU	IGV +0.46 points	0.55%	0.09%
Trimble IncTRMB	IGV +0.44 points	0.53%	0.09%
Tyler TechnologiesTYL	IGV +0.44 points	0.53%	0.09%
Manhattan AssociatesMANH	IGV +0.43 points	0.51%	0.08%
Bitmine Immersion TechnologiesBMNR	IGV +0.43 points	0.43%	<0.01%
Guidewire SoftwareGWRE	IGV +0.41 points	0.48%	0.07%
Unity SoftwareU	IGV +0.39 points	0.48%	0.09%
HubspotHUBS	IGV +0.35 points	0.41%	0.06%
ElasticESTC	IGV +0.24 points	0.31%	0.07%
Sentinelone Inc Class AS	IGV +0.23 points	0.30%	0.07%
Gitlab Class AGTLB	IGV +0.22 points	0.29%	0.07%
Interdigital IncIDCC	IGV +0.21 points	0.28%	0.07%
Procore Technologies IncPCOR	IGV +0.22 points	0.27%	0.05%
QualysQLYS	IGV +0.21 points	0.27%	0.06%
Zeta Global Holdings Class AZETA	IGV +0.18 points	0.25%	0.07%
Servicetitan Class ATTAN	IGV +0.18 points	0.18%	<0.01%
Bentley Systems Class BBSY	IGV +0.18 points	0.23%	0.05%
Commvault SystemsCVLT	IGV +0.17 points	0.24%	0.07%
Hut CorpHUT	IGV +0.17 points	0.24%	0.07%
Aurora Innovation Class AAUR	IGV +0.16 points	0.22%	0.06%
Box Inc Class ABOX	IGV +0.15 points	0.21%	0.06%
Uipath Inc Class APATH	IGV +0.15 points	0.20%	0.05%
Ringcentral Class ARNG	IGV +0.15 points	0.21%	0.06%
Aci WorldwideACIW	IGV +0.15 points	0.20%	0.05%
Tenable Holdings IncTENB	IGV +0.14 points	0.20%	0.06%
Varonis SystemsVRNS	IGV +0.14 points	0.20%	0.06%
TerawulfWULF	IGV +0.13 points	0.18%	0.05%
Appfolio Class AAPPF	IGV +0.13 points	0.18%	0.05%
Dropbox Inc Class ADBX	IGV +0.12 points	0.18%	0.06%
Braze Class ABRZE	IGV +0.12 points	0.15%	0.03%
Clear Secure Class AYOU	IGV +0.12 points	0.16%	0.04%
Core Scientific IncCORZ	IGV +0.10 points	0.15%	0.05%
Workiva Class AWK	IGV +0.10 points	0.15%	0.05%
Q2 Holdings IncQTWO	IGV +0.10 points	0.15%	0.05%
Ccc Intelligent Solutions HoldingsCCC	IGV +0.10 points	0.15%	0.05%
LIFE360LIF	IGV +0.09 points	0.13%	0.04%
Riot PlatformsRIOT	IGV +0.10 points	0.16%	0.06%
Bill HoldingsBILL	IGV +0.09 points	0.14%	0.05%
D Wave QuantumQBTS	IGV +0.09 points	0.14%	0.05%
Dolby Laboratories Class ADLB	IGV +0.08 points	0.13%	0.05%
Freshworks Class AFRSH	IGV +0.08 points	0.11%	0.03%
TeradataTDC	IGV +0.08 points	0.11%	0.03%
Alarm.com HoldingsALRM	IGV +0.07 points	0.11%	0.04%
Avepoint Class AAVPT	IGV +0.07 points	0.09%	0.02%
Agilysys IncAGYS	IGV +0.07 points	0.10%	0.04%
Klaviyo Series AKVYO	IGV +0.07 points	0.09%	0.02%
PegasystemsPEGA	IGV +0.06 points	0.10%	0.04%
FIVE9FIVN	IGV +0.07 points	0.10%	0.03%
NcinoNCNO	IGV +0.06 points	0.09%	0.03%
Sps CommerceSPSC	IGV +0.07 points	0.11%	0.04%
Liveramp Holdings IncRAMP	IGV +0.05 points	0.08%	0.03%
IntappINTA	IGV +0.05 points	0.08%	0.03%
Appian Corp Class AAPPN	IGV +0.04 points	0.06%	0.02%
AdeiaADEA	IGV +0.04 points	0.08%	0.04%
BlackbaudBLKB	IGV +0.04 points	0.06%	0.02%
Mara HoldingsMARA	IGV +0.04 points	0.09%	0.05%
Progress Software CorpPRGS	IGV +0.05 points	0.07%	0.02%
BlacklineBL	IGV +0.04 points	0.06%	0.02%
Cipher Digital IncCIFR	IGV +0.04 points	0.09%	0.05%
NextnavNN	IGV +0.04 points	0.05%	0.01%
C3 Ai Class AAI	IGV +0.04 points	0.06%	0.02%
A10 NetworksATEN	IGV +0.03 points	0.06%	0.03%
Soundhound Ai Class ASOUN	IGV +0.03 points	0.06%	0.03%
PagerdutyPD	IGV +0.03 points	0.05%	0.02%
Ncr VoyixVYX	IGV +0.03 points	0.04%	0.01%
Asana Class AASAN	IGV +0.03 points	0.04%	0.01%
Vertex Class AVERX	IGV +0.03 points	0.04%	0.01%
Arteris IncAIP	IGV +0.03 points	0.03%	<0.01%
CleansparkCLSK	IGV +0.02 points	0.07%	0.05%
Sprinklr Class ACXM	IGV +0.02 points	0.03%	<0.01%
Alkami TechnologyALKT	IGV +0.02 points	0.03%	0.01%

All 106 IGV holdings⁠All 310 VGT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IGV vs VGT Cost

Overpaying IGV vs VGT

$5,808

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IGV 0.38%
$7,706
VGT 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

IGV 0.38%
VGT 0.09%
Overpaying

Year by year

Year	IGV	VGT	Overpaying
10	$688	$165	$523
20	$2,658	$646	$2,012
30	$7,706	$1,898	$5,808

Expense ratio

0.38%IGV
0.09%VGT, cheaper

VGT0.09%IGV0.38%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

VGT 3rd cheapest of 23 funds

IGV 10th cheapest of 23 funds

IGV vs VGT Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IGV 0.02%; VGT 0.40%, better
Payout (12M): IGV $0.02; VGT $0.47
Last payment: IGV $0.02; VGT $0.15
Ex-dividend: IGV Jun 15, 2026; VGT Sep 23, 2026
Paid on: IGV Jun 18, 2026; VGT Sep 25, 2026
Frequency: IGV Irregular; VGT Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IGVIrregular · 13 paymentsAll IGV payments⁠

VGTQuarterly · 39 paymentsAll VGT payments⁠

IGV vs VGT Risk

Fall from peak · 5 years

Risk facts

VolatilityStd dev, 3 years: IGV 27.9%VGT 22.2%, better
Return per unit of riskSharpe ratio, 3 years: IGV 0.50VGT 1.19, better
Worst fallMax drawdown, 5 years: IGV −45.9%VGT −35.1%, better
Market sensitivityBeta, 5 years: IGV 1.20VGT 1.35; Market = 1

IGV and VGT in the news

All news⁠

Category Review
Equal-weight technology beat the biggest tech funds this year
Updated Oct 26, 2026IGVVGT
Deep Dive
An equal-weight technology ETF beat the cap-weighted fund by 9.3 percentage points
Sep 28, 2026IGVVGT
Deep Dive
Software funds fall 2.9% as application names are marked down
Sep 12, 2026IGVVGT
Top Movers
Alphabet fell 12.6%, but the average stock rose
Oct 29, 2026IGV
Head-to-Head
QQQ vs. VGT: choose VGT for technology, QQQ for the Nasdaq-100
Oct 23, 2026VGT
New ETFs
XFUNDS Technology Income ETF is 99.1% the Vanguard Information Technology ETF
Oct 12, 2026VGT

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