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 Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -32.1% (compared to the benchmark's drawdown of -49.8%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 10.1%, compared to a Buy-and-Hold benchmark return of 12.2%. The strategy executed 25 total trades.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
📊 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
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200) Active
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 | -13.99% | -21.51% | 6.89% | 1.60% | 17.61% | 14.95% | 10.10% | 12.18% |
| Sharpe Ratio | -0.69 | -0.84 | 0.35 | 0.06 | 0.83 | 0.53 | 0.55 | 0.47 |
| Max Drawdown | -22.26% | -36.61% | -32.11% | -45.85% | -32.11% | -45.85% | -32.11% | -49.81% |
| % Time Invested | 67.9% | 100.0% | 68.0% | 100.0% | 78.9% | 100.0% | 76.4% | 100.0% |
| Trades / Year | 1.0 | 0.0 | 0.8 | 0.0 | 0.9 | 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 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 | ||||||||
| 2026-01-16 | 2026-04-22 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.94% | Interest Income | |
| 2025-12-17 | 2026-01-16 | Completed | 100% | $106.32 | $99.98 | -6.01% | Signal | |
| 2025-11-24 | 2025-12-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-06-12 | 2025-11-24 | Completed | 100% | $106.24 | $101.38 | -4.62% | Stop | |
| 2025-04-08 | 2025-06-12 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.77% | 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 | |
| 2022-01-05 | 2023-01-18 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.26% | 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 | |
| 2020-05-27 | 2021-03-08 | Completed | 100% | $51.52 | $67.23 | 30.44% | Stop | |
| 2020-04-23 | 2020-05-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-24 | 2020-04-23 | Completed | 100% | $40.31 | $46.02 | 14.11% | Signal | |
| 2020-03-02 | 2020-03-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2019-03-05 | 2020-03-02 | Completed | 100% | $40.62 | $47.15 | 16.02% | Stop | |
| 2018-12-07 | 2019-03-05 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.55% | Interest Income | |
| 2018-11-21 | 2018-12-07 | Completed | 100% | $34.02 | $36.19 | 6.33% | Signal | |
| 2018-10-30 | 2018-11-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2016-05-04 | 2018-10-30 | Completed | 100% | $19.66 | $35.06 | 78.21% | Stop | |
| 2016-01-21 | 2016-05-04 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.08% | Interest Income | |
| 2015-11-10 | 2016-01-21 | Completed | 100% | $20.50 | $18.43 | -10.17% | Stop | |
| 2015-10-15 | 2015-11-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-09-17 | 2015-10-15 | Completed | 100% | $19.11 | $19.46 | 1.78% | Signal | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2013-01-17 | 2015-08-25 | Completed | 100% | $12.79 | $18.18 | 42.13% | Stop | |
| 2012-11-23 | 2013-01-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2012-08-22 | 2012-11-23 | Completed | 100% | $12.30 | $11.72 | -4.76% | Signal | |
| 2012-07-23 | 2012-08-22 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2012-02-27 | 2012-07-23 | Completed | 100% | $12.23 | $11.41 | -6.81% | Signal | |
| 2011-08-05 | 2012-02-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2010-09-10 | 2011-08-05 | Completed | 100% | $9.81 | $10.79 | 9.91% | Stop | |
| 2010-07-13 | 2010-09-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2010-06-01 | 2010-07-13 | Completed | 100% | $8.84 | $8.87 | 0.24% | Signal | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-06-01 | 2010-05-07 | Completed | 100% | $7.38 | $9.03 | 22.37% | Stop | |
| 2008-09-18 | 2009-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.19% | Interest Income | |
| 2008-06-12 | 2008-09-18 | Completed | 100% | $9.51 | $8.54 | -10.25% | Stop | |
| 2008-02-19 | 2008-06-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.50% | Interest Income | |
| 2008-02-14 | 2008-02-19 | Completed | 100% | $9.16 | $8.96 | -2.27% | Signal | |
| 2008-01-23 | 2008-02-14 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.14% | Interest Income | |
| 2006-09-19 | 2008-01-23 | Completed | 100% | $8.30 | $8.40 | 1.17% | Stop | |
| 2006-06-02 | 2006-09-19 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.47% | Interest Income | |
| 2005-07-20 | 2006-06-02 | Completed | 100% | $7.93 | $7.42 | -6.46% | Signal | |
| 2005-05-20 | 2005-07-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.49% | Interest Income | |
| 2005-05-10 | 2005-05-20 | Completed | 100% | $7.16 | $7.62 | 6.34% | Signal | |
| 2005-04-18 | 2005-05-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.18% | Interest Income | |
| 2004-10-07 | 2005-04-18 | Completed | 100% | $7.12 | $6.99 | -1.92% | Stop | |
| 2004-06-25 | 2004-10-07 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.43% | Interest Income | |
| 2003-07-17 | 2004-06-25 | Completed | 100% | $6.14 | $7.23 | 17.65% | Signal | |
| 2003-07-15 | 2003-07-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |