Are IGV and VOO in the same category?

IGV is a thematic ETF and VOO is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, IGV or VOO?

In the year to Oct 28, 2026, with distributions reinvested, IGV returned −4.1% and VOO +13.7%.

Which is cheaper, IGV or VOO?

VOO is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IGV and VOO overlap with the S&P 500?

By their latest filed holdings, 80% of IGV and 100% of VOO by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IGV vs VOO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IGV returned −4.1% to VOO's +13.7%, and VOO charges 0.03% to IGV's 0.38%.

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Net assets: $14.4bn on Oct 27, 2026 for iShares Expanded Tech-Software Sector ETF, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

IGV on its own →VOO on its own →

At a glance

−4.1%

IGV total return, 1 year

+13.7%

VOO total return, 1 year

0.38%

IGV expense ratio

0.03%

VOO expense ratio

Pair scorecard

VOO costs 0.35 points a year less; their one-year returns differ by 17.8 points; VOO is far larger, $1.0tn against $13.9bn.

IGV vs VOO: Differences, Returns & Fees
Measure	IGV	VOO
Return
Measure	IGV	VOO
Total return, 1 year	−4.1%	+13.7%
Benchmark
Measure	IGV	VOO
What it tracks	Cloud and software	S&P 500 Index
Cost and size
Measure	IGV	VOO
Expense ratio	0.38%	0.03%
Net assets, as of Sep 30, 2026	$13.9bn	$1.0tn
Active share vs the S&P 500	92%
Holdings
Measure	IGV	VOO
Holdings in common	9%
Top ten holdings, share of the fund	61%	39.1%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns

IGV VOO

Return

Total return edge IGV +987.1% +804.0%

Annualized edge IGV (slight) +15.9% +14.6%

Price return edge IGV +954.6% +575.9%

Risk

Volatility edge VOO 23.2% 15.9%

Max drawdown edge VOO −45.4% −31.8%

Risk-adjusted

Sharpe edge VOO 0.68 0.84

Sortino edge VOO 1.02 1.22

Calmar edge VOO 0.35 0.46

Reading

IGV returned more: +987.1% to +804.0%. VOO swung less: 15.9% to 23.2%. VOO fell less at its worst: −31.8% to −45.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IGV vs VOO: Differences, Returns & Fees
Measure	IGV	VOO	Edge	How it is measured
Return
Total return	+987.1%	+804.0%	IGV	Price change plus distributions, reinvested.
Annualized	+15.9%	+14.6%	IGV (slight)	Total return as a yearly rate.
Price return	+954.6%	+575.9%	IGV	Price change alone, distributions left out.
Risk
Volatility	23.2%	15.9%	VOO	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	15.5%	10.9%	VOO	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−45.4%	−31.8%	VOO	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.68	0.84	VOO	Return above Treasury bills per unit of volatility.
Sortino	1.02	1.22	VOO	Return above Treasury bills per unit of downside deviation.
Calmar	0.35	0.46	VOO	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, IGV and VOO hold 9% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

9% in common

Positions both hold · largest shared weight first IGV VOO

MICROSOFT 8.39% 5.79%

PALANTIR TECHNOLOGIES CLASS A 9.10% 0.65%

PALO ALTO NETWORKS 9.30% 0.49%

CROWDSTRIKE HOLDINGS CLASS A 8.55% 0.41%

ORACLE 6.27% 0.36%

SALESFORCE 4.05% 0.29%

SERVICENOW 4.85% 0.21%

FORTINET 3.76% 0.17%

ADOBE INC 3.26% 0.14%

DATADOG INC CLASS A 3.10% 0.14%

CADENCE DESIGN SYSTEMS 3.12% 0.14%

SYNOPSYS 3.00% 0.13%

Only in one fund ↓

Only in IGV

STRATEGY INC CLASS A 1.70%

ATLASSIAN CORP CLASS A 1.15%

ZSCALER 0.90%

ZOOM COMMUNICATIONS CLASS A 0.85%

RUBRIK CLASS A 0.72%

NUTANIX CLASS A 0.65%

DYNATRACE INC 0.61%

CIRCLE INTERNET GROUP INC CLASS A 0.54%

Only in VOO

NVIDIA Corp 8.40%

Apple Inc 7.39%

Amazon.com Inc 3.72%

Alphabet Inc 3.07%

Broadcom Inc 2.54%

Alphabet Inc 2.46%

Meta Platforms Inc 2.43%

Micron Technology Inc 1.83%

Check overlap with more funds →

Side by side

IGV iShares Expanded Tech-Software Sector ETF VOO Vanguard S&P 500 ETF

Where it sits Thematic ETF Stock ETF

Issuer iShares Vanguard

What it is Cloud and software Tracks the S&P 500

Total return, 1 year −4.1% +13.7%

Its benchmark over the same days not measured +13.7% (IVV)

Gap to its benchmark not measured 0.0 pts vs IVV

Expense ratio 0.38% 0.03%

Already in the S&P 500 80.3% 99.7%

Holdings 108 507

Net assets, IGV as of Oct 27, 2026 and VOO as of Sep 30, 2026 $14.4bn $1.0tn

IGV and VOO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-E655226A84

IGV and VOO do different jobs. What does each one do in a portfolio?

What each follows. IGV follows Cloud and software and VOO follows S&P 500 Index.
Holdings in common. 9% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 IGV returned −4.1% and VOO +13.7% with distributions reinvested, a gap of 17.8 points.

Data as of Oct 28, 2026.

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About each fund

IGV

By weight, 80% of IGV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 61% of the fund across 108 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned −4.1% with distributions reinvested.

VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Are IGV and VOO in the same category?: IGV is a thematic ETF and VOO is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IGV or VOO?: In the year to Oct 28, 2026, with distributions reinvested, IGV returned −4.1% and VOO +13.7%.
Which is cheaper, IGV or VOO?: VOO is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IGV and VOO overlap with the S&P 500?: By their latest filed holdings, 80% of IGV and 100% of VOO by weight is stocks the S&P 500 already holds.

Other comparisons

IGV vs IVV IGV vs VTI IGV vs QQQ IGV vs QQQM NLR vs VOO SMH vs VOO ARKG vs VOO LYTE vs VOO

Where to next

IGV on its own →VOO on its own →Hold both: look the portfolio through →Rankings →IGV dividend history →IGV holdings →VOO dividend history →VOO holdings →Standards and sources →

Sources and dates

IGV filings on SEC EDGAR ↗

IGV prospectus with the expense ratio (SEC) ↗

iShares page for IGV ↗

VOO filings on SEC EDGAR ↗

VOO prospectus with the expense ratio (SEC) ↗

Vanguard page for VOO ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, IGV against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/igv-vs-voo

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.