Dividend comparison
IYW vs IGV: Which Is Better?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for iShares U.S. Technology ETF and iShares Expanded Tech-Software Sector ETF, side by side. Updated October 21, 2026.
IYW vs IGV: key differences
The short answer, from the latest data on this page.
- Fees. IYW is cheaper at 0.37% a year versus 0.38% for IGV. On $10,000 that is $1 a year less in fees.
- Income. Their trailing yields are almost the same: 0.10% for IYW and 0.02% for IGV. Both pay annual.
- Performance. Over the last 5 years, IYW returned 138.2% versus 24.0% for IGV, with dividends reinvested. $10,000 would have grown to $23,819 in IYW and $12,396 in IGV.
- Risk. IGV has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -45.8%, against -39.4% for IYW.
- Diversification. IYW holds 148 positions and IGV holds 106. The ten largest positions make up 65.7% of IYW and 60.2% of IGV.
- Overlap. 22% of the two portfolios overlap by weight, across 34 shared holdings.
Bottom line: IYW has the edge on these figures, with stronger 5-year returns and smaller drawdowns. IGV does not lead on any of the measures compared here.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | IYW iShares U.S. Technology ETF | IGV iShares Expanded Tech-Software Sector ETF |
|---|---|---|
| Dividend yield (TTM) | 0.10% | 0.02% |
| Dividend / share (TTM) | $0.25 | $0.02 |
| Payout frequency | Annual | Annual |
| Last dividend | $0.0491 on Sep 18, 2026 | $0.0168 on Jun 18, 2026 |
| Ex-dividend date | Sep 15, 2026 | Jun 15, 2026 |
| Dividend growth (CAGR) | -6.3% over 4 yrs | — |
| Price | $253.34 | $106.93 |
| Dividend growth streak | — | 1 year |
| Beta | 1.35 | 1.20 |
| Max drawdown (5Y) | -39.4% | -45.8% |
| Market cap | $24.41B | $14.45B |
| Exchange | AMEX | CBOE |
| Expense ratio | 0.37% | 0.38% |
| Assets under management | $24.53B | $14.00B |
| Number of holdings | 148 | 106 |
| Top 10 concentration | 65.7% | 60.2% |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
IYW
$0.81/mo
$10 /yr at 0.10% yield
IGV
$0.13/mo
$2 /yr at 0.02% yield
Dividend history
Total dividends paid per share in each calendar year. IYW pays annual; IGV pays annual.
| Year | IYW | IGV |
|---|---|---|
| 2025 | $0.2762 | — |
| 2024 | $0.3316 | — |
| 2023 | $0.4882 | — |
| 2022 | $0.3756 | — |
| 2021 | $0.3587 | — |
Strategy: Sector and thematic
Funds that hold a single industry or theme, such as technology, semiconductors, healthcare or energy. Funds covering the same sector can still differ in concentration rules: some cap the largest positions while others let the biggest companies take a quarter of the fund. Sector funds are usually used to tilt a portfolio rather than as its core.
A single sector can fall far further than the broad market and stay down for years, and the largest names often dominate the fund.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $23,819 in IYW and $12,396 in IGV.
| Period | IYW | IGV |
|---|---|---|
| 1 month | -1.37% | 2.47% |
| 3 months | 5.59% | 15.00% |
| Year to date | 26.98% | 1.19% |
| 1 year | 27.02% | -6.09% |
| 3 years | 142.78% | 57.85% |
| 5 years | 138.19% | 23.96% |
- IYW
- IGV
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- IYW
- IGV
IYW vs IGV holdings overlap
22% overlap by weight, with 34 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
| Largest shared holdings | IYW weight | IGV weight |
|---|---|---|
| MSFTMICROSOFT | 13.23% | 8.87% |
| PLTRPALANTIR TECHNOLOGIES CLASS A | 2.15% | 9.37% |
| PANWPALO ALTO NETWORKS | 1.39% | 8.47% |
| CRWDCROWDSTRIKE HOLDINGS CLASS A | 1.14% | 7.67% |
| ORCLORACLE | 1.11% | 6.56% |
| CRMSALESFORCE | 0.96% | 4.30% |
| NOWSERVICENOW | 0.74% | 4.80% |
| FTNTFORTINET | 0.52% | 3.67% |
| ADBEADOBE INC | 0.49% | 3.41% |
| CDNSCADENCE DESIGN SYSTEMS | 0.45% | 3.12% |
Top 10 holdings
Largest positions by portfolio weight.
IYW148 holdings total
Quick verdict
IYW has the edge on these figures, with stronger 5-year returns and smaller drawdowns. IGV does not lead on any of the measures compared here. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how IYW vs IGV fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is IYW or IGV better for dividend income?
It depends on your goals. IYW currently yields 0.10% Trailing Twelve Months (TTM) while IGV yields 0.02%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between IYW and IGV?
iShares U.S. Technology ETF (IYW) is an ETF listed on AMEX. iShares Expanded Tech-Software Sector ETF (IGV) is an ETF listed on CBOE. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, IYW or IGV?
IYW has the lower expense ratio. IYW charges 0.37% a year and IGV charges 0.38%, a difference of $1 a year on a $10,000 investment.
Which has performed better, IYW or IGV?
Over the last 5 years, IYW has the higher total return with dividends reinvested: IYW returned 138.2% and IGV returned 24.0%. Past performance does not predict future returns.
Which is riskier, IYW or IGV?
Measured by the worst peak-to-trough decline over the last five years, IGV has been riskier: IYW fell as much as 39.4% and IGV as much as 45.8%. Their betas are 1.35 and 1.20.
How much do IYW and IGV overlap?
About 22% of the two portfolios overlap by weight, across 34 shared holdings. The largest shared positions are MSFT, PLTR, PANW. Holding both still adds meaningful diversification.
How often do IYW and IGV pay dividends?
Both pay annual. The most recent payments were $0.0491 for IYW and $0.0168 for IGV.
How much income does $10,000 in IYW vs IGV generate?
At current TTM yields, $10,000 in IYW would generate roughly $0.81 per month ($10 annually). The same amount in IGV would produce about $0.13 per month ($2 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both IYW and IGV?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare IYW vs IGV with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how IYW and IGV fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.