At a glance
IGM charges 0.37% a year, above the 0.21% average of the 8 funds most like it (the 7th cheapest of 9). It has $10.71B in assets, the 6th largest of that group; it paid 0.14% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +21.3% with distributions reinvested (S&P 500: +11.5%), 2nd of those 9 funds; over three years it returned +38.6% a year. At its worst it fell 30.2% in the 2020 crash (S&P 500: 33.7%) and 38.5% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 3 months and 14 months after the lows. Its ten largest positions make up 55.6% of the fund, out of 295 in all.
The short version
iShares Expanded Tech Sector ETF (IGM) is a BlackRock index fund that tracks the S&P North American Expanded Technology Sector Index. Besides traditional tech stocks, the index includes internet companies such as Alphabet and Meta. Its 0.37% expense ratio is well above the 0.08% for XLK and 0.09% for VGT. Its holdings are also concentrated: as of June 30, 2026, its 10 largest positions made up about 56% of assets.
Price history
The interactive chart needs JavaScript.
IGM +21.3% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| IGM official prospectus, to Dec 31, 2025 | — | +26.83% | — | +17.60% | +22.06% | — |
| S And P Total Market Index index, same period | — | +17.05% | — | +13.07% | +14.22% | — |
| S And P North American Expanded Technology Sector Index index, same period | — | +27.31% | — | +18.05% | +22.57% | — |
| IGM price data to Oct 27, 2026 | +25.5% | +21.3% | +38.6% | +18.4% | +23.4% | +15.8% |
- Over the year to Oct 27, 2026, IGM returned +21.3%, 2nd of 9 among similar funds.
- Its 5-year annualized return was +18.4% and its 10-year +23.4%.
- In the 2020 COVID crash it fell 30.2% and regained its old high 2.7 months after the low.
- Its worst full calendar year was 2008 (-43.7%); its best was 2009 (+61.9%).
- The deepest fall in its price history was 55% (Oct 31, 2007 to Nov 20, 2008), recovered by Jan 18, 2011.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +25.4% | — |
| 2025 | +26.8% | +26.83% |
| 2024 | +37.0% | +36.95% |
| 2023 | +60.7% | +60.67% |
| 2022 | -35.8% | -35.86% |
| 2021 | +25.7% | +25.69% |
| 2020 | +45.1% | +44.95% |
| 2019 | +41.8% | +41.69% |
| 2018 | +2.3% | +2.54% |
| 2017 | +36.5% | +37.11% |
| 2016 | +12.0% | +13.03% |
| 2015 | +8.8% | — |
| 2014 | +13.9% | — |
| 2013 | +33.0% | — |
| 2012 | +13.7% | — |
| 2011 | -1.6% | — |
| 2010 | +11.6% | — |
| 2009 | +61.9% | — |
| 2008 | -43.7% | — |
| 2007 | +15.9% | — |
| 2006 | +8.6% | — |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 52.9% over that stretch · deepest drop along the way 55%, back to its old high 25.9 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 29.9% over that stretch · deepest drop along the way 30.2%, back to its old high 2.7 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 38.5% over that stretch · deepest drop along the way 38.5%, back to its old high 14.1 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.1600 | |
| 2025 | $0.2200 | 0.0% |
| 2024 | $0.2200 | -10.2% |
| 2023 | $0.2450 | -20.5% |
| 2022 | $0.3083 | +164.2% |
| 2021 | $0.1167 | -38.0% |
| 2020 | $0.1883 | -6.6% |
| 2019 | $0.2017 | +23.5% |
| 2018 | $0.1633 | +511.6% |
| 2017 | $0.0267 | -13.9% |
| 2016 | $0.0310 | +28.1% |
| 2015 | $0.0242 | -2.4% |
| 2014 | $0.0248 | +28.5% |
| 2013 | $0.0193 | +10.3% |
| 2012 | $0.0175 | +75.0% |
| 2011 | $0.0100 | +44.9% |
| 2010 | $0.0069 | +27.8% |
| 2009 | $0.0054 | 0.0% |
| 2008 | $0.0054 | +74.2% |
| 2007 | $0.0031 | +158.3% |
| 2006 | $0.0012 |
What's inside
As of Jun 30, 2026, the fund held 295 securities; the ten largest made up 55.57% of assets.
| Holding | Weight | |
|---|---|---|
| NVIDIA Corp. | 7.96% | |
| Apple, Inc. | 7.91% | |
| Broadcom, Inc. | 7.60% | |
| Microsoft Corp. | 7.49% | |
| Micron Technology, Inc. | 5.46% | |
| Alphabet, Inc. Class A | 4.44% | |
| Meta Platforms, Inc. | 4.16% | |
| Advanced Micro Devices, Inc. | 4.13% | |
| Alphabet, Inc. Class C | 3.54% | |
| Intel Corp. | 2.87% | |
| Applied Materials, Inc. | 2.50% | |
| Lam Research Corp. | 2.36% | |
| Cisco Systems, Inc. | 2.02% | |
| KLA Corp. | 1.72% | |
| Sandisk Corp. | 1.47% |
By country
United States 96.45%Ireland 1.53%Canada 0.95%Netherlands 0.33%Cayman Islands 0.31%By asset type
Stocks 99.84%By sector
Sectors of the companies held, for the 86.4% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Jun 30, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Jun 30, 2026, investors withdrew a net $39.1M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +20.64%, +15.99%, -1.28%.
How it works
IGM aims to match the S&P North American Expanded Technology Sector Index, which is built by S&P Dow Jones Indices. The index covers U.S.-traded technology stocks. It also adds some tech-related companies from the communication services and consumer discretionary sectors in the U.S. and Canada. That includes computer and device makers, chipmakers and chip-equipment firms, software and internet companies, and IT consultants. It can hold large, mid-size and small companies. The index provider, not BlackRock, decides which stocks are in the index and how much each one counts.
BlackRock uses "representative sampling." Instead of buying every stock in the index, it may hold a sample chosen to match the index's size, industry mix, yield and other traits. At least 80% of net assets must be in index stocks. As of June 30, 2026, the fund held about 295 companies and about 1.4% in cash. It also had tiny positions in stock-index futures, which are contracts that rise and fall with an index.
Two more points matter. The fund is "non-diversified," meaning it can put a larger share of its money into a few companies. It also holds 25% or more of its assets in a single industry whenever its index does. The fund may lend out securities worth up to one-third of its assets, a common way for funds to earn extra income.
What it really costs
- IGM charges 0.37% a year, versus an average of 0.21% for the similar funds below (7th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $38 in the first year and $468 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| IGM | $38 | $119 | $208 | $468 |
In a retirement portfolio
IGM puts most of its money into a narrow group of large tech and internet stocks, and it has fallen much further than the broad market in past downturns.
IGM adds concentrated exposure to tech and internet stocks. Over the 10 years to December 31, 2025, it returned 22.06% a year, compared with 14.22% for the S&P Total Market Index. The price of those returns has been deep drops. IGM fell 55% from October 2007 to November 2008 and took about 26 months to recover. Its worst calendar year was 2008, at -43.7%. It dropped 30.2% in the 2020 COVID crash and recovered in under three months. In 2022 it fell 38.5% and needed about 14 months to recover. Selling shares to cover spending during a drop like these locks in losses. Its income is small: the trailing yield was 0.14% as of October 27, 2026, paid quarterly. Its 0.37% expense ratio is above the 0.20% average for similar funds. Past results don't predict future returns, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want chipmakers, software firms and internet companies such as NVIDIA, Microsoft, Alphabet and Meta together in one fund.
- Long-term holders able to sit through drops like the 55% fall in 2007–2008 and the 38.5% fall in 2022 without selling.
- Investors adding a modest tech slice next to broad funds, knowing IGM moved about 1.8 times as much as the market over the year to October 27, 2026.
Look elsewhere if
- Cost-focused investors: XLK charges 0.08% and VGT 0.09%, compared with IGM's 0.37%, though their holdings differ somewhat.
- People who need regular income, since the trailing yield was just 0.14% as of October 27, 2026.
- Investors uneasy with concentration: the 10 largest holdings made up about 56% of the fund as of June 30, 2026.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| IGM this fund | — | 0.37% | $10.71B | +21.3% | +38.6% |
| IYW iShares U.S. Technology ETF | 78% | 0.39% | $23.58B | +13.9% | +30.4% |
| XLK Technology Select Sector SPDR Fund | 76% | 0.08% | $123.91B | +20.1% | +4.0% |
| FTEC Fidelity MSCI Information Technology Index … | 71% | 0.084% | $19.85B | +15.4% | +30.0% |
| VGT Vanguard Information Technology ETF | 70% | 0.09% | $170.66B | +19.7% | +33.3% |
| QQQ Invesco QQQ Trust Series I | 69% | 0.2% | $490.10B | +8.8% | +24.0% |
| QTOP iShares Nasdaq Top 30 Stocks ETF | 68% | 0.2% | $300.0M | +16.1% | — |
| IXN iShares Global Tech ETF | 67% | 0.41% | $9.46B | +30.4% | +36.5% |
Questions investors ask
What stocks are in IGM?
As of June 30, 2026, IGM held about 295 companies, and its 10 largest positions made up about 56% of assets. The biggest were NVIDIA (8.0%), Apple (7.9%), Broadcom (7.6%), Microsoft (7.5%) and Micron (5.5%). Alphabet's two share classes together came to about 8.0%. Meta and AMD were about 4% each. Roughly 96% of assets were in U.S. companies, with small amounts in Ireland and Canada.
What's the difference between IGM and IYW?
Both are iShares tech funds, and about 78% of their holdings overlap, based on the latest N-PORT reports. IGM's index goes beyond the technology sector to add internet and media companies from communication services, such as Alphabet and Meta. IYW charges 0.39% a year, compared with IGM's 0.37%. IYW is also larger, with about $23.6 billion in net assets as of July 31, 2026, compared with IGM's $10.7 billion as of June 30, 2026.
Is IGM good for retirement?
IGM may fit a retirement portfolio only as a smaller, higher-risk holding. It returned 22.06% a year over the 10 years to December 31, 2025, but its swings are large. It fell 55% between October 2007 and November 2008 and took about 26 months to recover. In calendar 2022 it lost 35.86%. With a yield of 0.14%, it pays almost no income. Past results don't predict future returns.
Does IGM pay dividends?
Yes, IGM pays dividends every quarter, but they are small. In the 12 months to October 27, 2026, it paid about $0.22 per share, a trailing yield of 0.14%. Many tech companies put their profits back into the business or buy back their own shares instead of paying large dividends. As a result, a fund built around them produces little income. IGM's appeal is possible growth, not cash payouts.
What is IGM's expense ratio?
IGM's expense ratio is 0.37% a year, according to its prospectus filed July 27, 2026. The SEC's standard example assumes $10,000 invested with a 5% annual return. On that basis, costs would total about $38 after one year, $119 after three, $208 after five and $468 after ten. That ranks it 7th of 9 on cost among similar funds, which average 0.20%. XLK charges 0.08% and VGT 0.09%.