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Wednesday, August 19, 2026The Morning Brief →Sign in
IGMISharesINDEX

iShares Expanded Tech Sector ETF

$158.80-0.95% today
11317152-WK

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. A significant portion of the underlying index is represented by securities of companies in the technology industry or sector. It is non-diversified.

Price & daily flows
158.6142.2125.7158.80DAILY NET FLOWAug 19Dec 16Apr 17Aug 19

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$876M OVER THIS RANGE

The desk’s read

Money keeps arriving — +$130M of net buying over the past month, about 1.2% of the fund's asset base, while the price has returned +22.7% so far this year. At 0.41% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$10.6Bassets under management
0.41%expense ratio · $41 per $10,000 a year
+$130Mnet flow, trailing month
340Kavg daily volume, 30 days
283holdings · US-domiciled
2001listed March 12, 2001 · beta 1.72
The book at a glance
MSFT+0.5%AAPL+2.1%NVDA-1.0%AVGO-4.7%MU-0.4%GOOGL+0.2%META+0.5%GOOG+0.1%AMD-3.8%INTC-4.0%CSCO-0.9%PLTR+2.1%AMAT-3.5%LRCX-6.3%NFLX+3.1%PANW-3.8%KLAC-3.9%ORCL+0.8%TXN-1.8%SNDK-3.5%IBMMRVLCRWD-5.3%ANET-3.6%APH-2.2%STX-7.8%ADI-1.0%SHOP+0.0%WDC-6.9%GLW

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1MSFTMICROSOFT9.62%$484.32+0.5%
2AAPLAPPLE8.34%$316.74+2.1%
3NVDANVIDIA8.93%$217.63-1.0%
4AVGOBROADCOM7.87%$362.09-4.7%
5MUMICRON TECHNOLOGY4.78%$936.97-0.4%
6GOOGLALPHABET4.27%$344.81+0.2%
7METAMETA4.20%$546.13+0.5%
8GOOGALPHABET3.42%$341.61+0.1%
9AMDADVANCED MICRO DEVICES3.59%$466.37-3.8%
10INTCINTEL2.22%$92.82-4.0%
11CSCOCISCO SYSTEMS1.94%$110.53-0.9%
12PLTRPALANTIR1.72%$175.12+2.1%
13AMATAPPLIED MATERIALS1.85%$495.94-3.5%
14LRCXLAM RESEARCH1.87%$307.22-6.3%
15NFLXNETFLIX1.39%$80.21+3.1%

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Sector weights
Information Technology85.11%
Communication14.2%
Industrials0.6%
Cash and/or Derivatives0.08%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States98.87%
Canada1.12%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-2.9%
1 month+3.6%
3 months+3.9%
6 months+28.3%
YTD+22.7%
1 year
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$42M
1 month+$130M
3 months−$39M
YTD−$251M
1 year−$876M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
AugSepOctNovDecJanFebMarAprMayJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
29%realized volatility, 30 days (annualized)
25%realized volatility, 1 year
-16.5%deepest fall from a peak, 1 year
-7.1%where it sits vs. that peak today

The top holding is 9.6% of the book; the top ten carry 57%. Spread across 250+ names, it behaves like roughly 23 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
23calls today
puts today
put/call ratio
274Kshares traded
Most-traded holdings, options premiumBullishBearish
MU MICRON TECHNOLOGY$594M$691M
SNDK Sandisk Corporation $574M$595M
NVDA NVIDIA$346M$381M
AMD ADVANCED MICRO DEVICES$245M$278M
META META$230M$263M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against IGM

Due diligence cuts both ways. These funds sit on the same shelf and beat IGM on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
ITOT iShares Core S&P Total U.S. Stock Market ETF0.03%$97.9B+$245M-38bp on fee · 9× the assets · +$245M in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-37bp on fee · 3× the assets · +$668M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-37bp on fee · 3× the assets · +$103M in over the monthHead-to-head
IVV iShares Core S&P 500 ETF0.03%$900.9B−$14.2B-38bp on fee · 85× the assetsHead-to-head
VOO Vanguard 500 Index Fund0.03%$500.4B-38bp on fee · 47× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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