Designed to provide broad exposure to the Technology - Software segment of the equity market, the iShares Expanded TechSoftware Sector ETF (IGV) is a passively managed exchange traded fund launched on 07/10/2001.While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Software is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 8, placing it in top 50%.Index DetailsThe fund is sponsored by Blackrock. It has amassed assets over $6.37 billion, making it one of the largest ETFs attempting to match the performance of the Technology - Software segment of the equity market. IGV seeks to match the performance of the S&P North American Technology-Software Index before fees and expenses.The S&P North American Technology-Software Index includes companies that are producers of client/server, enterprise software, Internet software, PC and entertainment software. The index is a modified-capitalization weighted index.CostsSince cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.Annual operating expenses for this ETF are 0.43%, making it one of the cheaper products in the space.Sector Exposure and Top HoldingsEven though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.This ETF has heaviest allocation in the Information Technology sector--about 92.50% of the portfolio.Looking at individual holdings, Adobe Inc (ADBE) accounts for about 8.82% of total assets, followed by Microsoft Corp (MSFT) and Salesforce.com Inc (CRM).The top 10 holdings account for about 52.83% of total assets under management.Performance and RiskSo far this year, IGV return is roughly 24.78%, and was up about 33.40% in the last one year (as of 10/25/2021). During this past 52-week period, the fund has traded between $302.67 and $435.90.The ETF has a beta of 0.99 and standard deviation of 28.63% for the trailing three-year period, making it a high risk choice in the space. With about 127 holdings, it effectively diversifies company-specific risk.AlternativesIShares Expanded TechSoftware Sector ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, IGV is an outstanding option for investors seeking exposure to the Technology ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.Invesco Dynamic Software ETF (PSJ) tracks Dynamic Software Intellidex Index and the SPDR S&P Software & Services ETF (XSW) tracks S&P Software & Services Select Industry Index. Invesco Dynamic Software ETF has $479.85 million in assets, SPDR S&P Software & Services ETF has $598.14 million. PSJ has an expense ratio of 0.56% and XSW charges 0.35%.Bottom LineTo learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares Expanded TechSoftware Sector ETF (IGV): ETF Research Reports Microsoft Corporation (MSFT): Free Stock Analysis Report salesforce.com, inc. (CRM): Free Stock Analysis Report Adobe Inc. (ADBE): Free Stock Analysis Report SPDR S&P Software & Services ETF (XSW): ETF Research Reports Invesco Dynamic Software ETF (PSJ): ETF Research Reports To read this article on Zacks.com click here.