IGV vs XLK: Complete Comparison
iShares Expanded Tech-Software ETF vs Technology Select Sector SPDR Fund โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ XLK wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: XLK wins with better expense ratio and 5-year return. Consider XLK for your portfolio, but IGV is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
21 shared holdings representing 29.7% portfolio overlap
Top Shared Holdings
| # | Stock | IGV Weight | XLK Weight | Overlap |
|---|---|---|---|---|
| 1 | MSFT MSFT | 8.59% | 11.75% | 8.59% |
| 2 | PLTR PLTR | 9.86% | 3.75% | 3.75% |
| 3 | ORCL ORCL | 6.23% | 2.81% | 2.81% |
| 4 | CRM CRM | 7.29% | 2.13% | 2.13% |
| 5 | APP APP | 5.17% | 1.66% | 1.66% |
| 6 | INTU INTU | 5.75% | 1.59% | 1.59% |
| 7 | NOW NOW | 5.69% | 1.34% | 1.34% |
| 8 | ADBE ADBE | 4.22% | 1.25% | 1.25% |
| 9 | PANW PANW | 4.62% | 1.08% | 1.08% |
| 10 | CRWD CRWD | 4.44% | 1.01% | 1.01% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in IGV
Unique to IGV
| Symbol | Name | Weight |
|---|---|---|
| MSTR | MSTR | 2.01% |
| EA | EA | 1.45% |
| TTWO | TTWO | 1.30% |
| ZS | ZS | 1.05% |
| TEAM | TEAM | 0.84% |
Top Holdings Only in XLK
Unique to XLK
| Symbol | Name | Weight |
|---|---|---|
| NVDA | NVDA | 14.84% |
| AAPL | AAPL | 13.10% |
| AVGO | AVGO | 5.36% |
| AMD | AMD | 2.96% |
| MU | MU | 2.72% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.
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