Data as of Oct 28, 2026.
IGV vs KWEB: Holdings Overlap & Returns
Over the year to Oct 28, 2026, IGV returned −4.1% to KWEB's −40.6%; 0% of their weight is in the same names.
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Net assets: $14.4bn on Oct 27, 2026 for iShares Expanded Tech-Software Sector ETF, and $4.3bn on Oct 28, 2026 for KraneShares CSI China Internet ETF.
80% of IGV's weight is in S&P 500 companies and 20% is outside the index. Holdings as of Oct 27, 2026.
0% of KWEB's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Oct 28, 2026.
Pair scorecard
IGV costs 0.31 points a year less; their one-year returns differ by 36.5 points; IGV is 3.3 times larger.
| Measure | IGV | KWEB |
|---|---|---|
| Return | ||
| Total return, 1 year | −4.1% | −40.6% |
| Drawdown | ||
| Below its all-time high | 73.4%, high on Feb 17, 2021 | |
| Benchmark | ||
| What it tracks | Cloud and software | Internet and e-commerce |
| Cost and size | ||
| Expense ratio | 0.38% | 0.69% |
| Net assets, as of Oct 27, 2026 | $14.4bn | $4.3bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Oct 27, 2026 and Oct 28, 2026. Method
Risk and return
Aug 9, 2013 to Oct 23, 2026 · 689 weekly returnsIGV returned more: +662.8% to +14.8%. IGV swung less: 23.8% to 35.3%. IGV fell less at its worst: −45.4% to −79.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | IGV | KWEB | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +662.8% | +14.8% | IGV | Price change plus distributions, reinvested. |
| Annualized | +16.6% | +1.0% | IGV | Total return as a yearly rate. |
| Price return | +643.2% | −10.9% | IGV | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 23.8% | 35.3% | IGV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 15.9% | 23.5% | IGV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −45.4% | −79.9% | IGV | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.68 | 0.15 | IGV | Return above Treasury bills per unit of volatility. |
| Sortino | 1.02 | 0.22 | IGV | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.36 | 0.01 | IGV | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 689 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IGV and KWEB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | ||
|---|---|---|
| Window | IGV | KWEB |
| 3 months | +21.2% | −17.3% |
| 6 months | +32.5% | −17.9% |
| 1 year | −4.1% | −40.6% |
| 3 years | +70.0% | −3.2% |
| Since launchNot the same days: IGV Jul 2001 · KWEB Aug 2013 | +1,015.0% | +12.7% |
Side by side
As of Oct 28, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
IGV and KWEB are built for the same job. How do they differ in cost, holdings and results?
- Theme. IGV covers Cloud and software and KWEB covers Internet and e-commerce.
- What each follows. IGV follows Cloud and software and KWEB follows Internet and e-commerce.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Oct 28, 2026).
Data as of Oct 28, 2026.
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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.
KWEB
By weight, 0% of KWEB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 62% of the fund across 45 positions, as published by its issuer for Oct 28, 2026. Over the year to Oct 28, 2026 the fund returned −40.6% with distributions reinvested. It sits 73.4% below its all-time high of Feb 17, 2021.
Questions people ask
- Do IGV and KWEB hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
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.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, IGV against KWEB, data as of Oct 28, 2026. https://etfiq.com/compare/themes/igv-vs-kweb
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[IGV against KWEB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/themes/igv-vs-kweb)
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