What Does iShares S&P 500 ETF (ASX:IVV) Offer as a Low-Cost Route to 500 Large US Companies?

Sonal Goyal

28 October 2026 12:53 AM AEDT

What Does iShares S&P 500 ETF (ASX:IVV) Offer as a Low-Cost Route to 500 Large US Companies?

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Key Highlights

iShares S&P 500 ETF (ASX:IVV) seeks to track the performance of the S&P 500 Net TR Index (AUD).
The fund holds the iShares Core S&P 500 ETF at 99.97% of the portfolio, with technology at 40.12% of the sector mix.
Fund size is $14.68 billion and the management fee is 0.04%.

iShares S&P 500 ETF (ASX:IVV) is an exchange traded fund from BlackRock that seeks to track the performance of the S&P 500 Net TR Index (AUD). Admitted to the ASX on 10 October 2007, the fund has a fund size of $14.68 billion and a management fee of 0.04%. This article covers its structure, sector mix and distributions.

Exposure and Investment Approach

The S&P 500 is a benchmark of large US companies. The fund obtains its exposure through a single underlying fund, the iShares Core S&P 500 ETF, which makes up 99.97% of the portfolio. It is categorised as Equity North America and is benchmarked to the S&P 500 NR AUD index.

Portfolio Composition

The portfolio is held through a single investment, iShares Core S&P 500 ETF (IVV), which represents 99.97% of the fund.

By sector, the portfolio is allocated as follows: Technology 40.12%, Financial Services 11.30%, Communication Services 9.93%, Healthcare 9.36%, Consumer Cyclical 8.71%, Industrials 7.62%, Consumer Defensive 4.40%, Energy 3.39%, Utilities 1.89%, Real Estate 1.71%.

By size, 98.72% of the portfolio is in companies above $1 billion and 1.27% between $500 million and $1 billion. Geographic exposure is United States (99.53%).

Key Features to Understand

Sector weights are led by technology at 40.12%, financial services at 11.30%, communication services at 9.93% and healthcare at 9.36%. All but 1.27% of the portfolio is in companies above $1 billion in market capitalisation, the United States represents 99.53% of geographic exposure and the fund's turnover ratio is 0.49%.

Distribution Details

The fund's most recent recorded distribution was an interim distribution of $0.173 per unit, with an ex-date of 29 September 2026, a record date of 30 September 2026 and payment on 9 October 2026.

Fund Details at a Glance

Fund name: iShares S&P 500 ETF (ASX:IVV)
Issuer: BlackRock (iShares)
Category: Equity North America
Benchmark: S&P 500 NR AUD
Admitted to the ASX: 10 October 2007
Fund size: $14.68 billion
Management fee: 0.04%
ISIN: AU000000IVV8

Recent Announcements

Recent announcements include monthly applications, redemptions, units on issue and derivatives reporting on 7 October 2026, components of distributions on 1 October, distribution reinvestment plan prices and a final distribution announcement on 29 September 2026.

Wrapping Up

iShares S&P 500 ETF provides access to the S&P 500 through a single underlying fund at a 0.04% management fee. Its most recent distribution was an interim distribution of $0.173 per unit, paid on 9 October 2026.

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