Key Highlights

  • The fund tracks the S&P 500 Net Total Return Index hedged to Australian dollars.
  • It holds the iShares Core S&P 500 ETF as its main position and reports 29.50% turnover.
  • The management fee is 0.10% and the fund size is $4.34 billion.
  • The July 2026 distribution of $2.702 is higher than the $0.495 paid in July 2025.

iShares S&P 500 AUD Hedged ETF (ASX:IHVV) seeks to achieve its objective by tracking the performance of the S&P 500 Net Total Return Index hedged to Australian dollars. The fund was admitted to the ASX on 18 December 2014 and last traded at $68.30 on 13 October 2026. It reports a fund size of $4.34 billion.

Detail

Information

Ticker

ASX:IHVV

Fund

iShares S&P 500 AUD Hedged ETF

Category

Equity North America

Benchmark

S&P 500 Hedged NR AUD

Fund size

$4.34 billion

Management fee

0.10%

Units on issue

63,181,041

ASX admission date

18 December 2014

Hedged structure

The fund's main position is the iShares Core S&P 500 ETF at 100.31% of assets, offset by a negative cash balance of 0.17%. Stocks total 100.16%, which reflects the way the hedging overlay is recorded. The portfolio lists 86 holdings in total.

Turnover is 29.50%, considerably higher than the 0.49% reported by the unhedged iShares S&P 500 ETF (ASX:IVV).

Sector and country mix

Through the underlying portfolio, Technology represents 40.12%, Financial Services 11.30%, Communication Services 9.93% and Healthcare 9.36%. Consumer Cyclical is 8.71%, Industrials 7.62%, Consumer Defensive 4.40% and Energy 3.39%.

The United States accounts for 99.53% of the portfolio. Companies above $1 billion in market capitalisation represent 98.72%.

Fees, risk and distribution

The management fee is 0.10% a year. The fund reports a beta of 0.75 and a standard deviation of 12.96. The final distribution of $2.702 per unit had an ex-date of 1 July 2026, a record date of 2 July and payment on 13 July, equal to an annual yield of 3.93%.

Annual distributions vary widely: $2.702 in July 2026 compares with $0.495 in 2025, $0.498 in 2024, $0.576 in 2023 and $5.531 in 2022.

Category classification and liquidity

Morningstar places the fund in the Equity North America category, which covers funds investing primarily in the securities of companies listed in the United States and Canada, which typically account for at least 75% of the portfolio.

Liquidity indicators add a further view. There are 63,181,041 units on issue, and average daily trading volume is 144,474 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 75,100 to 177,900 units, with 99,976 recorded on 13 October while the market was still open. The bid-offer range stood at $68.20 to $68.77, and the day range at $68.22 to $68.45. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged monthly applications, redemptions and units-on-issue details on 7 October, the Annual Financial Report for the year to 30 June 2026 on 25 September, and a Product Disclosure Statement on 24 September.

Closing Perspective

IHVV adds a currency hedge to S&P 500 exposure and charges 0.10%, compared with 0.04% for the unhedged iShares S&P 500 ETF. Its turnover and distributions both vary more than those of the unhedged version. These facts outline the structure without implying a result.