BATS:IGV

iShares North American Tech-Software ETF (IGV)

101.20
-0.63 (0.62%)
as of Sep 10, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconSep 10, 2026, 12:00 am

This summary was created by AI, based on 8 opinions in the last 12 months.

Experts have mixed but generally positive sentiments about the iShares North American Tech-Software ETF (IGV). Many believe AI integration is vital for non-tech companies, which will likely bolster existing software rather than seek new solutions. Some experts express skepticism, particularly waiting for upcoming reports from major firms like Salesforce and Oracle, while others point to recent positive data from Microsoft as evidence of a software rebound. The ETF has shown resilience, breaking above its 200-day moving average, and experts feel that IGV could reach $100 with positive sentiment, viewing the software sector as a repository of value. However, caution is advised due to potential market disruptions, emphasizing the importance of timing in investments.

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Consensus
Bullish
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Valuation
Undervalued
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COMMENT
How to take advantage of a recession? There has been a great run in the market. He would buy into an alternative offering that allows the manager to be long or short or to get an active manager. You need to be disciplined on your entry and exit levels. His minimum to get into his fund is $50k. He could suggest two ETFs: IGV-T and FTN-N. He thinks it is dangerous to get into a long only ETF at this stage of the cycle.
TOP PICK

July 31-Nov.8 is seasonality. It's outperformed the market by 4.2% in this period. It's trending higher and consistently. Software stocks are the new defensive stocks because they're adopting the subscription model, like Microsoft.

PAST TOP PICK
(A Top Pick May 10/19, Up 3%) Software is the new staples, because it's going to the subscription model and will do well in upturns and downturns. Defensive. July 31-Nov.8 is seasonality. Summer is very good for this sector.
BUY

A tech ETF for an RRSP? There are three. SOXX for semi-conductors, the ammunition which drives tech around the world. IGV is a great way to get diversification in software. FDN is the internet index is extremely liquid and massive. These ETFs cover the three pillars that drive tech today. He uses these ETFs to offset volatility. When an ETF approach 5-7% of his price target, he sells a third off. Holding single stocks isn't as nimble. For example, he sold a lot of these ETFs in early-spring, then bought them back in the May swoon.

COMMENT

Video game companies? When video game companies found the advantage to after sales revenues, he got interested. Gaming is a growth industry now. Now that membership revenues have been introduced, it has made earnings less predictable. This is a structural change in the industry, which will create some investor anxiety. He would prefer IGV -A as an ETF basket of gaming companies for now.

TOP PICK
Tends to be less volatile than higher beta areas of software. Revenues are growing. Holds Microsoft, Oracle, Salesforce. Optimal is July - November. Not in it yet, but the runway is coming up. Trend is still positive.
COMMENT
A big name in IGV-A, a software ETF he loves and is a core holding. CRM-N has sustainable 20% annual growth and it continues to have a strong reoccurring revenue steam. It may be expensive at 9 times forward sales, which could create volatility going forward.
DON'T BUY

An older ETF. It’s software, high growth, high margin business. Tremendous run this year up 25-30% YTD. Not wise after this move to be going in so specifically. If you want tech in the US you should look at ETF not so specific to software, an equally weighted tech ETF would be an interesting thing to look at such as RYT that Invesco has in the US. He tends to avoid IGV. Nothing wrong with this, but it’s a bit late. Not enough unknowns in these companies that will cause them to outperform going forward. You might want to buy a stock specifically rather than a group of others stocks that are pretty mature companies.

Showing 16 to 23 of 23 entries