iShares Expanded Tech-Software Sector ETF (BATS:IGV) has outperformed the market over the past 20 years by 4.3% on an annualized basis producing an average annual return of 13.62%. Currently, iShares Expanded Tech-Software Sector ETF has a market capitalization of $14.40 billion.
Buying $1000 In IGV: If an investor had bought $1000 of IGV stock 20 years ago, it would be worth $13,066.67 today based on a price of $94.08 for IGV at the time of writing.
iShares Expanded Tech-Software Sector ETF’s Performance Over Last 20 Years
Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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