The iShares Expanded Tech-Software Sector ETF (IGV) is showing signs of a potential recovery, according to recent market data. As of February 26, 2026, the ETF’s net asset value (NAV) stood at $82.56, according to iShares.
A key component of the ETF, Microsoft Corp, has experienced a significant decline, falling 28% from its 52-week high. This downturn has brought Microsoft’s weighting within the ETF to 9.67%, representing 2.520.724.835.183 € in value, as reported by finanzen.net. Technical analysis suggests Microsoft is currently testing its 200-day moving average, a level often considered a key indicator of potential trend reversals.
The iShares Expanded Tech-Software Sector ETF aims to replicate the performance of North American equities within the software industry. Over the past year, the ETF has delivered a total return of 5.62%, with market price gains mirroring that figure at 5.56%. However, looking at longer time horizons, the ETF has demonstrated stronger performance, achieving average annual returns of 8.35% over a five-year period and 17.90% over ten years, according to iShares data.
Recent performance data indicates a mixed trend. Year-to-date returns are at 5.62%, while one-month returns are 1.53%. However, the ETF experienced negative returns over the three and six-month periods, with declines of -8.09% and -3.54% respectively. Cumulative returns over three and five years remain robust, at 106.53% and 49.34% respectively. Longer-term investors have seen substantial gains, with ten-year cumulative returns reaching 418.95% and inception-to-date returns exceeding 1,000%.
The ETF’s benchmark has consistently outperformed its own returns, with a one-year benchmark return of 6.00% and a ten-year benchmark return of 18.25%. After-tax returns, considering both pre- and post-liquidation scenarios, vary, with post-liquidation returns slightly lower than pre-liquidation returns across all timeframes.