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IGV vs XIGV: which is really different?

IGV and XIGV hold 0% of their weight in the same names. iShares Expanded Tech-Software Sector ETF and Defiance US 100 Tech Ex Software ETF.

80.7%
IGV in the S&P 500
90.5%
XIGV in the S&P 500
−7.4%
IGV total return, 1 year
−2.1%
XIGV total return, since launch
IGV · 1 year to Sep 30, 202619% of its weight is outside the S&P 500
19% of its weight is outside the S&P 50081% of IGV's weight is in S&P 500 companies and 19% is outside the index81%19%of its weight in S&P 500 companiesoutside the S&P 500active share 92% · top ten 62% of the fund · 111 holdings filed Sep 30, 2026 · Nasdaq-100: 66% in19% of its weight is outside the S&P 50081% of IGV's weight is in S&P 500 companies and 19% is outside the index81%19%in the S&P 50019% of its weight outside the S&P 500active share 92% · top ten 62% of the fund

81% of IGV's weight is in S&P 500 companies and 19% is outside the index

XIGV · 3 months to Sep 30, 202610% of its weight is outside the S&P 500
10% of its weight is outside the S&P 50091% of XIGV's weight is in S&P 500 companies and 10% is outside the index91%10%of its weight in S&P 500 companiesoutsideactive share 61% · top ten 50% of the fund · 79 holdings filed Oct 1, 2026 · Nasdaq-100: 94% in10% of its weight is outside the S&P 50091% of XIGV's weight is in S&P 500 companies and 10% is outside the index91%10%of its weight in S&P 500 companies10% of its weight outside the S&P 500active share 61% · top ten 50% of the fund

91% of XIGV's weight is in S&P 500 companies and 10% is outside the index

ETFIQ Off-Index Score · IGV scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, IGV and XIGV hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 1, 2026 and Sep 30, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding IGV XIGV
SYNOPSYS 2.88% 0.54%
Only in IGV
PALO ALTO NETWORKS 9.66%
PALANTIR TECHNOLOGIES CLASS A 8.99%
CROWDSTRIKE HOLDINGS CLASS A 8.87%
MICROSOFT 8.50%
ORACLE 6.92%
SERVICENOW 4.41%
SALESFORCE 4.06%
FORTINET 3.82%
Only in XIGV
Advanced Micro Devices Inc 6.06%
Meta Platforms Inc 5.69%
Micron Technology Inc 5.27%
Apple Inc 5.22%
Nvidia Corp 5.18%
Amazon.com Inc 4.73%
Space Exploration Technologies Corp 4.73%
Alphabet Inc 4.40%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowIGVXIGVIGVXIGVIGVXIGV
3 months+14.1%−1.9%+11.6 pts−4.4 pts+12.0 pts−4.0 pts
6 months+33.5%not published+16.5 ptsnot published+6.6 ptsnot published
1 year−7.4%not published−23.1 ptsnot published−31.2 ptsnot published
3 years+56.0%not published−28.9 ptsnot published−53.9 ptsnot published
Since launch
IGV Jan 2010 · XIGV Jun 2026
+1052.2%−2.1%+247.5 pts−5.3 pts−685.4 pts−4.4 pts

IGV and XIGV over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

IGV
iShares Expanded Tech-Software Sector ETF · Holds 111 stocks in cloud and software, 81% of its weight in S&P 500 companies
XIGV
Defiance US 100 Tech Ex Software ETF · Holds 79 stocks in cloud and software, 90% of its weight in S&P 500 companies
Issuer iShares Defiance
Theme Cloud and software Cloud and software
In the S&P 500 80.7% 90.5%
Active share vs the S&P 500 92.4% 60.9%
In the Nasdaq-100 65.7% 94.4%
Holdings 111 79
Top ten, share of the fund 61.7% 49.9%
Expense ratio 0.38% 0.65%
Fee for the differing part 0.41% 1.07%
Total return, 1 year −7.4% −2.1% (since launch on Jun 29, 2026)
vs the S&P 500 −23.1 pts −5.3 pts
vs the Nasdaq-100 −31.2 pts −4.4 pts
Below its high −9.6% −4.0%
Net assets $13.9bn $242,313

IGV and XIGV on the same fields, as of Sep 30, 2026. Source: ETFIQ.

IGV in plain words

By weight, 81% 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 62% of the fund across 111 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −7.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 23.1 pts. It sits 9.6% below its all-time high of Sep 22, 2025.

XIGV in plain words

By weight, 90% of XIGV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 61%. The top ten holdings are 50% of the fund across 79 positions, as published by its issuer for Oct 1, 2026. Since it launched on Jun 29, 2026 the fund returned −2.1% with distributions reinvested against +3.2% for the S&P 500, so a holder was behind by 5.3 pts.

Questions people ask

Do IGV and XIGV hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, IGV or XIGV?
IGV has 81% of its weight in S&P 500 names and XIGV has 90%, so IGV differs more from the index.
Which is cheaper, IGV or XIGV?
IGV charges 0.38% a year and XIGV charges 0.65%, so IGV is cheaper. Fees come from each fund's prospectus.
Other comparisons
IGV vs SKYYIGV vs SMHIGV vs SOXXIGV vs URAXIGV vs XSWXIGV vs CLODXIGV vs CLOUXIGV vs SKYY
IGV on its own →XIGV on its own →How every figure is computed →Standards and sources →
Where these figures came from
IGV filings on SEC EDGAR ↗IGV prospectus with the expense ratio (SEC) ↗iShares page for IGV ↗XIGV filings on SEC EDGAR ↗XIGV prospectus with the expense ratio (SEC) ↗Defiance page for XIGV ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, IGV against XIGV, data as of Sep 30, 2026. https://etfiq.com/compare/themes/igv-vs-xigv

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.