IGV iShares Expanded Tech-Software Sector ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-05-31
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 -31.7% (compared to the benchmark's drawdown of -49.8%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 14.7%, compared to a Buy-and-Hold benchmark return of 13.0%. The strategy executed 25 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 | -3.41% | -0.67% | 11.44% | 7.35% | 21.73% | 17.08% | 14.66% | 12.97% |
| Sharpe Ratio | -0.17 | -0.03 | 0.50 | 0.26 | 0.91 | 0.60 | 0.70 | 0.50 |
| Max Drawdown | -27.49% | -36.61% | -31.66% | -45.85% | -31.66% | -45.85% | -31.66% | -49.81% |
| % Time Invested | 81.0% | 100.0% | 80.6% | 100.0% | 88.4% | 100.0% | 87.0% | 100.0% |
| Trades / Year | 2.0 | 0.0 | 1.8 | 0.0 | 1.2 | 0.0 | 1.1 | 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 / Mark-to-Market exit denotes a position currently held active, valued at the latest price. Interest entries record cash yields accrued during out-of-market periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason |
|---|---|---|---|---|---|---|---|
| 2026-05-05 | Open | Open | 100% | $88.59 | $101.66 | 14.75% | Mark-to-Market |
| 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% | $76.90 | $75.05 | -2.41% | 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% | $106.34 | $91.94 | -13.54% | 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% | $98.16 | $101.40 | 3.30% | 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% | $93.42 | $84.50 | -9.55% | 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% | $53.65 | $95.05 | 77.17% | 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% | $53.09 | $59.31 | 11.72% | 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% | $53.18 | $51.41 | -3.33% | 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% | $67.59 | $60.23 | -10.89% | 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% | $66.00 | $67.18 | 1.80% | 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% | $66.31 | $75.71 | 14.18% | 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 | $67.24 | 66.80% | 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% | $34.03 | $47.16 | 38.58% | 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 | 109.22% | 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% | $19.12 | $18.43 | -3.58% | 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 | $18.19 | 78.49% | 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 | 22.09% | 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 | $9.04 | 17.64% | 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% | $6.36 | $6.67 | 5.01% | 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 | -6.80% | 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 | -8.07% | 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 | 9.83% | 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 | 1.56% | 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% | $7.17 | $7.12 | -0.65% | 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 | 8.22% | 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 | -6.22% | Stop |
| 2003-07-15 | 2003-11-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.32% | Interest Income |