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BPAY vs IGV

iShares FinTech Active ETF vs iShares Expanded Tech-Software Sector ETF

BPAY

iShares FinTech Active ETF

BlackRock

Annual cost

0.55%

Fund size

$9M

IGV

iShares Expanded Tech-Software Sector ETF

iShares

Annual cost

0.39%

Fund size

$12.1B

Key differences

  • IGV costs 0.16% less per year.
  • IGV is significantly larger than BPAY — larger funds tend to be more liquid and less likely to close.
  • BPAY is classified as alternative, while IGV is equity — different risk/return profiles.
  • BPAY covers global markets; IGV covers north america.
  • BPAY follows a active selection strategy; IGV uses index tracking.
  • Over the last 3 years, IGV has delivered higher annualized returns.
  • IGV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BPAYIGV
Annual cost (TER)0.55%0.39%
Fund size (AUM)$9M$12.1B
Since20222001
Dividend yield2.89%0.00%
Asset classalternativeequity
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y-5.8%-8.0%
CAGR 3Y+9.7%+15.4%
CAGR 5YN/A+6.7%
Sharpe 3Y0.360.56
Volatility 1Y25.59%25.67%
Max drawdown-33.62%-45.85%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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