Key Highlights

  • Almost all assets (99.97%) sit in a single holding, the iShares Core S&P 500 ETF.
  • The fund size is $15.17 billion and the management fee is 0.04%.
  • Technology accounts for 40.12% of the look-through sector mix and the United States for 99.53%.
  • The October 2026 distribution of $0.173 is lower than the $0.233 paid in July.

iShares S&P 500 ETF (ASX:IVV) seeks to track the S&P 500 Net Total Return Index in Australian dollars. The fund was admitted to the ASX on 10 October 2007 and last traded at $74.49 on 13 October 2026. It reports a fund size of $15.17 billion and sits in the Equity North America category.

Detail

Information

Ticker

ASX:IVV

Fund

iShares S&P 500 ETF

Category

Equity North America

Benchmark

S&P 500 NR AUD

Fund size

$15.17 billion

Management fee

0.04%

Units on issue

203,124,617

ASX admission date

10 October 2007

How the fund is structured

IVV holds its exposure through one underlying fund, the iShares Core S&P 500 ETF, which represents 99.97% of assets. The portfolio therefore lists only a handful of holdings, and the benchmark is denominated in Australian dollars without a currency hedge.

The reported turnover ratio is 0.49%, and the fund records 0.17% in cash.

Look-through sector and country mix

Through the underlying fund, 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 fund, with Switzerland at 0.25% and China at 0.09%. Companies above $1 billion in market capitalisation represent 98.72%.

Fees, risk and distribution

The management fee is 0.04% a year, and the fund reports a beta of 0.98. The interim distribution of $0.173 per unit had an ex-date of 29 September 2026, a record date of 30 September and payment on 9 October, equal to an annual yield of 1.00%.

That amount is lower than the $0.233 paid in July and the $0.201 paid in January, but higher than $0.139 in April and $0.167 in October 2025.

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 203,124,617 units on issue, and average daily trading volume is 351,913 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 195,700 to 382,400 units, with 224,253 recorded on 13 October while the market was still open. The bid-offer range stood at $74.48 to $74.49, and the day range at $74.38 to $74.66. 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, Components of Distributions on 1 October, and the distribution reinvestment plan prices, final distribution and a revised estimate on 29 September.

Final Takeaway

IVV delivers US large-company exposure through a single underlying fund, with Technology as the largest look-through sector at 40.12%. The 0.04% fee and $15.17 billion size accompany a distribution that fell to $0.173 from $0.233 in July. These points describe structure only.