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IGV vs XLK

iShares Expanded Tech-Software Sector ETF

IGVCCboe

State Street Technology Select Sector SPDR ETF

XLKANYSE Arca

Overlap

Expense ratio

XLK −0.30pt a year

IGV0.38%XLK0.08%

Avg volume · 30D

IGV 1.3×the volume

IGV11.1MXLK8.28M

10Y return · a year

XLK +7.0pt

IGV+16.7%XLK+23.7%

IGV vs XLK Performance

Oct 29, 2021 – Oct 30, 2026

+18.8%IGV+130.6%XLK

Oct 29, 2021 to Oct 30, 2026. IGV +18.8%. XLK +130.6%. Use the arrow keys to read each point.−50%50%100%Oct 2021Apr 2024Oct 2026
Expense ratio
IGV 0.38%
XLK 0.08%, better
Fund size
IGV $13.5B
XLK $125B
1Y total return
IGV −9.7%
XLK +20.0%, better
Yield (12M)
IGV 0.02%
XLK 0.47%, better
Holdings
IGV 108
XLK 78
Avg volume (30D)
IGV 11.1M sh, better
XLK 8.28M sh
NAV per share
IGV $104.35
XLK $188.72
52W range

ETF.net Grade

IGV: Cost 65, Risk 11, Mission 69, Tradability 79, Holdings 33, Durability 80. XLK: Cost 98, Risk 61, Mission 76, Tradability 98, Holdings 41, Durability 82.
Pillar letters and Scores for IGV, XLK, with each pillar’s weight
PillarIGVXLK
Cost30% weightB65A98Higher
Mission25% weightB69A76Higher
Risk15% weightF11B61Higher
Tradability15% weightA79A98Higher
Holdings10% weightD33C41Higher
Durability5% weightA80A82Higher

Rank among Technology (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IGV and XLK 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 ›

XLK ranks 1st and IGV 14th of 23 funds in the Technology (Broad) Category.

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

Our read on each fund

ETF.net Research

IGVCiShares Expanded Tech-Software Sector ETF

XLKAState Street Technology Select Sector SPDR 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.

XLK A 1998 original: XLK owns the technology slice of the S&P 500, about 70 names, for eight basis points. Big, heavily traded, and top-heavy by design, with quarterly caps the only brake on the giants at the top.

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.

XLK The fund seeks to track the price and yield performance of the Technology Select Sector Index before expenses.

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
  • XLK Costs 0.08% a year against a roughly 0.40% median for broad tech funds, tying FTEC as the cheapest of the category's top-rated names and undercutting VGT's 0.09%.
  • One of the largest and most actively traded funds in the tech aisle, so entering or exiting rarely means fighting the order book.
  • Running since December 1998 and dead simple: the tech sector of the S&P 500, spanning software, semiconductors, hardware, communications equipment and IT services. Pays quarterly.ssga.com

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
  • XLK Top-heavy by construction. About 70 stocks, and the index only trims its biggest weights at quarterly rebalances to stay inside fund diversification limits.spglobal.com
  • The universe is S&P 500 tech only. Smaller tech companies outside the big index are out, and the Select Sector funds split the S&P 500 up, so some familiar names sit in other sector funds.ssga.com
  • It is one sector with no ballast from the rest of the market, so a tech drawdown lands here in full.

Full IGV profile⁠

Full XLK profile⁠

IGV vs XLK 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 XLK Cost

Overpaying IGV vs XLK

$6,017

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

  • IGV 0.38%

    $7,706

  • XLK 0.08%

    $1,689

$10,000
30 years

Cost over time

  • IGV 0.38%
  • XLK 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530IGV $7,706XLK $1,689

Year by year

YearIGVXLKOverpaying
10$688$147$541
20$2,658$575$2,083
30$7,706$1,689$6,017

Expense ratio

  • 0.38%IGV
  • 0.08%XLK, cheaper
  • Middle half of Technology (Broad) funds
  • Median 0.45%

XLK cheapest of 23 funds

IGV 10th cheapest of 23 funds

IGV vs XLK Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IGV 0.02%
XLK 0.47%, better
Payout (12M)
IGV $0.02
XLK $0.83
Last payment
IGV $0.02
XLK $0.22
Ex-dividend
IGV Jun 15, 2026
XLK Sep 21, 2026
Paid on
IGV Jun 18, 2026
XLK Sep 23, 2026
Frequency
IGV Irregular
XLK Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IGVIrregular · 13 paymentsAll IGV payments⁠
One bar per payment. 13 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.01; Jun 27, 2017 $0.01; Sep 26, 2017 $0.0044; Dec 19, 2017 $0.00039; Mar 22, 2018 $0.0034; Jun 26, 2018 $0.0076; Dec 17, 2018 $0.04; Jun 17, 2019 $0.0092; Mar 25, 2020 $0.23; Jun 15, 2020 $0.01; Jun 9, 2022 $0.0046; Jun 7, 2023 $0.0051; Jun 15, 2026 $0.02. Use the arrow keys to read each point.$0$0.252017202020232026YTD
XLKQuarterly · 39 paymentsAll XLK payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.10; Jun 16, 2017 $0.11; Sep 15, 2017 $0.10; Dec 15, 2017 $0.12; Mar 16, 2018 $0.11; Jun 15, 2018 $0.13; Sep 21, 2018 $0.13; Dec 21, 2018 $0.13; Mar 15, 2019 $0.12; Jun 21, 2019 $0.14; Sep 20, 2019 $0.13; Dec 20, 2019 $0.15; Mar 23, 2020 $0.19; Jun 22, 2020 $0.14; Sep 21, 2020 $0.12; Dec 21, 2020 $0.15; Mar 22, 2021 $0.14; Jun 21, 2021 $0.13; Sep 20, 2021 $0.14; Dec 20, 2021 $0.16; Mar 21, 2022 $0.14; Jun 21, 2022 $0.16; Sep 19, 2022 $0.16; Dec 19, 2022 $0.18; Mar 20, 2023 $0.16; Jun 20, 2023 $0.18; Sep 18, 2023 $0.18; Dec 18, 2023 $0.21; Mar 18, 2024 $0.17; Jun 24, 2024 $0.20; Sep 23, 2024 $0.20; Dec 23, 2024 $0.19; Mar 24, 2025 $0.19; Jun 23, 2025 $0.20; Sep 22, 2025 $0.18; Dec 22, 2025 $0.22; Mar 23, 2026 $0.17; Jun 22, 2026 $0.23; Sep 21, 2026 $0.22. Use the arrow keys to read each point.$0$0.252017202020232026YTD

IGV vs XLK Risk

Fall from peak · 5 years

  • IGV
  • XLK
Oct 29, 2021 to Oct 30, 2026. Worst fall: IGV −45.9% · Nov 2022. Use the arrow keys to read each point.−50%−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
IGV 27.9%XLK 23.6%, better
Return per unit of riskSharpe ratio, 3 years
IGV 0.50XLK 1.07, better
Worst fallMax drawdown, 5 years
IGV −45.9%XLK −33.6%, better
Market sensitivityBeta, 5 years
IGV 1.20XLK 1.35

IGV and XLK in the news

All news⁠

Popular comparisons

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