iShares Software ETF Rebounds 40% Since April 10 After AI Sell-Off

IGV•2026-06-03

iShares Software ETF has rebounded 40% since April 10 following a sharp AI-driven sell-off, marking a significant comeback. The prior decline stemmed from investor overestimation of artificial intelligence benefits in the software sector.

1. Sharp 40% Rebound

Since April 10, iShares Software ETF has surged 40%, reversing its steep early-year losses and outperforming major sector benchmarks over the past eight weeks.

2. AI Sell-Off Correction

The ETF’s earlier decline was driven by investor overestimation of artificial intelligence impacts on software firms, prompting broad profit-taking across AI-linked names.

3. Implications for Software Sector

The strong recovery suggests renewed confidence in software valuations and signals that investors may be ready to re-enter AI and software stocks after the recent reset.

Sources

Now Could Be the Time to Buy These 2 ETFS

Finviz

Our Okta Stock Pick is Up 63%. Why We See More Upside Ahead.

Barrons

iShares Software ETF Rebounds 40% Since April 10 After AI Sell-Off

1. Sharp 40% Rebound

2. AI Sell-Off Correction

3. Implications for Software Sector

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