IGV
iShares Expanded Tech-Software Sector ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for IGV (iShares Expanded Tech-Software Sector ETF) using the Excess Return SMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -32.0% (compared to the benchmark's drawdown of -49.8%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 14.0%, compared to a Buy-and-Hold benchmark return of 12.2%. The strategy executed 27 total trades.
* Excess Return SMA: Advanced Single Moving Average model utilizing custom duration weighting and dynamic Stop Loss limits.
* Excess Return SMA: Advanced Single Moving Average model utilizing custom duration weighting and dynamic Stop Loss limits.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA Active
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Investment Objective
🛡️ Long-Term Investing Active
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
Switch to MMA to enable
IGV Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | -19.41% | -21.51% | 6.46% | 1.60% | 20.04% | 14.95% | 14.00% | 12.18% |
| Sharpe Ratio | -0.96 | -0.84 | 0.28 | 0.06 | 0.85 | 0.53 | 0.67 | 0.47 |
| Max Drawdown | -27.71% | -36.61% | -32.00% | -45.85% | -32.00% | -45.85% | -32.00% | -49.81% |
| % Time Invested | 71.8% | 100.0% | 78.7% | 100.0% | 87.5% | 100.0% | 86.7% | 100.0% |
| Trades / Year | 4.0 | 0.0 | 2.2 | 0.0 | 1.4 | 0.0 | 1.2 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2026-04-13 | 2026-05-05 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2026-02-24 | 2026-04-13 | Completed | 100% | $76.89 | $75.04 | -2.45% | Stop | |
| 2026-01-30 | 2026-02-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-12-17 | 2026-01-30 | Completed | 100% | $106.32 | $91.92 | -13.58% | Stop | |
| 2025-11-24 | 2025-12-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-05-01 | 2025-11-24 | Completed | 100% | $98.14 | $101.38 | 3.25% | Stop | |
| 2025-04-08 | 2025-05-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-03-27 | 2025-04-08 | Completed | 100% | $93.40 | $84.48 | -9.59% | Stop | |
| 2025-03-05 | 2025-03-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2023-01-18 | 2025-03-05 | Completed | 100% | $53.64 | $95.03 | 77.08% | Stop | |
| 2022-08-24 | 2023-01-18 | Interest (CASH) | 100% | $1.00 | $1.02 | 1.55% | Interest Income | |
| 2022-07-13 | 2022-08-24 | Completed | 100% | $53.08 | $59.30 | 11.66% | Signal | |
| 2022-06-17 | 2022-07-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2022-05-19 | 2022-06-17 | Completed | 100% | $53.17 | $51.40 | -3.38% | Stop | |
| 2022-04-27 | 2022-05-19 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2022-03-21 | 2022-04-27 | Completed | 100% | $67.58 | $60.22 | -10.93% | Stop | |
| 2022-02-25 | 2022-03-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2022-01-28 | 2022-02-25 | Completed | 100% | $65.98 | $67.17 | 1.75% | Stop | |
| 2022-01-05 | 2022-01-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2021-03-30 | 2022-01-05 | Completed | 100% | $66.30 | $75.69 | 14.12% | Stop | |
| 2021-03-08 | 2021-03-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2020-03-24 | 2021-03-08 | Completed | 100% | $40.31 | $67.23 | 66.72% | Stop | |
| 2020-03-02 | 2020-03-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2018-11-21 | 2020-03-02 | Completed | 100% | $34.02 | $47.15 | 38.51% | Stop | |
| 2018-10-30 | 2018-11-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2016-02-12 | 2018-10-30 | Completed | 100% | $16.76 | $35.06 | 109.12% | Stop | |
| 2016-01-21 | 2016-02-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-09-17 | 2016-01-21 | Completed | 100% | $19.11 | $18.43 | -3.62% | Stop | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2011-08-29 | 2015-08-25 | Completed | 100% | $10.19 | $18.18 | 78.40% | Stop | |
| 2011-08-05 | 2011-08-29 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2010-06-01 | 2011-08-05 | Completed | 100% | $8.84 | $10.79 | 22.02% | Stop | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-07-20 | 2010-05-07 | Completed | 100% | $7.68 | $9.03 | 17.58% | Stop | |
| 2008-10-17 | 2009-07-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.16% | Interest Income | |
| 2008-10-10 | 2008-10-17 | Completed | 100% | $6.35 | $6.67 | 4.96% | Stop | |
| 2008-09-18 | 2008-10-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.05% | Interest Income | |
| 2008-02-14 | 2008-09-18 | Completed | 100% | $9.16 | $8.54 | -6.85% | Stop | |
| 2008-01-23 | 2008-02-14 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.14% | Interest Income | |
| 2007-05-18 | 2008-01-23 | Completed | 100% | $9.14 | $8.40 | -8.12% | Stop | |
| 2007-04-26 | 2007-05-18 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2006-09-19 | 2007-04-26 | Completed | 100% | $8.30 | $9.11 | 9.77% | Signal | |
| 2006-08-15 | 2006-09-19 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.47% | Interest Income | |
| 2006-07-03 | 2006-08-15 | Completed | 100% | $7.35 | $7.47 | 1.51% | Signal | |
| 2006-06-09 | 2006-07-03 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.31% | Interest Income | |
| 2005-05-10 | 2006-06-09 | Completed | 100% | $7.16 | $7.12 | -0.70% | Stop | |
| 2005-04-18 | 2005-05-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.18% | Interest Income | |
| 2004-07-29 | 2005-04-18 | Completed | 100% | $6.46 | $6.99 | 8.17% | Stop | |
| 2004-07-07 | 2004-07-29 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.09% | Interest Income | |
| 2003-11-12 | 2004-07-07 | Completed | 100% | $7.12 | $6.68 | -6.26% | Stop | |
| 2003-07-15 | 2003-11-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.32% | Interest Income | |