IGV - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

28.7% p.a.

5-Year Horizon

Max Drawdown (5Y)

-45.9%

Deepest Drawdown

Sharpe Ratio

0.13

Moderate (0.0 - 0.5)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

18 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

62.9%

Focused

Effective Holdings

~24

of 107 holdings

Top Sector

94.2%

Technology

Top Region / Country

98.2%

United States

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	-5.3%
3 Years	26.9%	-36.6%	0.5	+16%
5 Years	28.7%	-45.9%	0.13	+6.3%
10 Years	26.8%	-45.9%	0.54	+17%

Notes & Warnings

⚠️ Elevated valuation: Avg P/E of 39.0

🟢 Deep market liquidity & capital coverage (Tier 1)

🟢 Established large fund (> 500M € AUM)

🟢 High institutional analyst coverage (33.7 analysts)

🔴 Extreme top 10 holdings concentration: 63% of fund in top 10 positions.

🔴 Severe sector concentration risk: 94% in "Technology".

🔴 Extreme industry concentration: 54% in "Software - Infrastructure".

⚠️ Industry concentration: 40% in "Software - Application".

🔴 Non-UCITS Fund: Cannot be purchased directly via EU brokers under PRIIPs rules. Trading requires tokenized assets (e.g. Robinhood) or US access.

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (28.7% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -45.9% in the extended horizon.