Revenue distribution by industry:

• Software: 70%
• IT services: 20%
• Semiconductors and hardware: 10%

TOP 3 markets:

1. USA: 60%
2. Europe: 20%
3. Asia-Pacific: 15%

The iShares Expanded Tech-Software Sector ETF (IGV) focuses heavily on companies in the software industry, as reflected in the high revenue distribution of 70%. IT services and hardware complement the portfolio, but to a lesser extent.

The USA is the dominant market for this ETF, attributed to the strong presence and innovation of American technology companies. Europe and the Asia-Pacific region follow with significant, but considerably lower shares. This reflects the global reach and diversification of the companies included in the ETF.

iShares Trust - iShares Expanded Tech-Software Sector ETF (BATS:IGV) is an exchange-traded fund (ETF) and not a company that produces physical products.

The ETF invests in a variety of companies in the technology sector, particularly in software companies. Therefore, the ETF itself does not have production facilities or physical production processes. The companies in which the ETF invests each have their own production and development sites, which can be located worldwide.

Current data not available: As of 2025

Since specific information about the future growth strategies of the iShares Expanded Tech-Software Sector ETF (IGV) for the year 2025 is not directly available, we can refer to general strategies and trends in the ETF market.

ETFs like the iShares Expanded Tech-Software Sector ETF typically follow a passive investment strategy aiming to replicate the performance of a specific index. For IGV, this means investing in companies operating in the tech-software sector.

Future growth could be supported by the following strategies:

1. Diversification: The ETF could expand its positions in emerging software companies to benefit from innovations and new technologies.

2. Capitalizing on market trends: The ETF could benefit from the increasing demand for cloud computing, artificial intelligence, and cybersecurity by investing in leading companies in these areas.

3. Cost efficiency: By maintaining low management fees, the ETF could remain attractive to investors seeking cost-effective investment opportunities.

These strategies are typical for ETFs investing in dynamic and high-growth sectors such as the technology industry.

Commodities/Materials: No direct imports

The iShares Expanded Tech-Software Sector ETF (IGV) is an exchange-traded fund that focuses on the software sector. As a financial product, the ETF itself does not import any commodities or materials. Instead, it invests in a variety of companies in the software sector that may require commodities or materials for their products and services.

Companies within the ETF, such as software developers or IT service providers, could be indirectly affected by the procurement of commodities needed for the production of hardware or the provision of IT services. These commodities could include semiconductors, rare earths, or other electronic components that are often imported from countries like China, the USA, or other technologically advanced nations.

However, since the ETF does not manufacture physical products, it is not directly involved in the import of commodities.

Competitive Advantage: Difficult to quantify as it is an ETF.

The iShares Expanded Tech-Software Sector ETF (BATS:IGV) is an exchange-traded fund that invests in companies in the technology sector, particularly software companies. Since it is an ETF, the direct competitive advantage of the fund itself is not to be evaluated as with an individual company.

The competitive advantage of the IGV ETF lies in its broad diversification and focus on the expanding technology sector, which historically has shown strong growth. This diversification provides investors with risk diversification and access to a variety of leading technology companies.

Additionally, the ETF benefits from the expertise and market access of iShares, one of the largest providers of ETFs worldwide, giving it an advantage in terms of liquidity and cost structure.

Institutional Investor Share: Approximately 85% (estimated for 2025 based on historical data)

Insider Buys/Sells: No significant insider transactions reported (as of 2025)

The iShares Expanded Tech-Software Sector ETF (IGV) traditionally has a high proportion of institutional investors, as ETFs in general are preferred by large institutional investors such as pension funds, mutual funds, and other institutional investors. These investors appreciate the diversification and liquidity that an ETF provides.

Insider transactions are less relevant for ETFs, as they are not individual companies but baskets of stocks. Therefore, there are usually no insider buys or sells reported for an ETF like IGV.

Market share of iShares Trust - iShares Expanded Tech-Software Sector ETF (BATS:IGV): Estimate: 5-7% (2025)

Main competitors and their market shares:

1. SPDR S&P Software & Services ETF (XSW): 8-10%
2. Invesco Dynamic Software ETF (PSJ): 6-8%
3. First Trust Cloud Computing ETF (SKYY): 5-7%
4. Global X Cloud Computing ETF (CLOU): 4-6%
5. WisdomTree Cloud Computing Fund (WCLD): 3-5%

Moat Analysis:

The iShares Expanded Tech-Software Sector ETF (IGV) has a moderate moat, mainly supported by its diversification into a broad range of software companies and its strong brand recognition. The ETF benefits from iShares' expertise in managing index funds and its ability to provide cost-effective investment opportunities.

Compared to its competitors, IGV offers a more comprehensive coverage of the software sector, giving it a certain advantage. However, some competitors, such as the SPDR S&P Software & Services ETF, may have a stronger moat due to specialized investment strategies or a focus on high-growth segments like Cloud Computing.

Overall, IGV's moat is solid but not insurmountable. The competition offers similar products with specific advantages that could be more attractive depending on market conditions and investors' investment strategies.

Market Performance: The iShares Expanded Tech-Software Sector ETF (IGV) has shown an average annual growth rate of about 10-15% in recent years (2023).

Industry Growth: The software industry continues to grow strongly, with a projected growth rate of about 8-10% annually until 2025.

Diversification: IGV offers broad diversification within the technology sector, especially in the software area, reducing the risk for investors.

The iShares Expanded Tech-Software Sector ETF (IGV) is an attractive investment for investors who want to benefit from the ongoing strength and growth potential of the software industry. The ETF provides access to a variety of leading software companies, reducing the risk of individual company fluctuations.

Furthermore, the demand for software solutions will continue to increase due to the advancing digitalization and automation in various industries. This supports the long-term growth potential of the ETF.

Overall, IGV is a solid choice for investors looking for long-term growth in the technology sector, especially in the software area.

Dividend Yield: 0.0% (2023)

The iShares Expanded Tech-Software Sector ETF (BATS:IGV) traditionally does not pay a dividend. As an ETF focusing on the technology sector, particularly software companies, the emphasis is more on growth rather than dividend payouts.

Technology companies typically reinvest their profits to foster innovation and expansions rather than distributing dividends to shareholders. Therefore, it is unlikely that IGV will pay a dividend in the near future. Investors who invest in this ETF should aim for capital gains rather than regular dividend income.