IVV invests in the 500 large US companies in the S&P 500 index, weighted by size. It charges 0.04% a year, has $14.9b invested and returned +10.1% over the past year. The most similar ETF is IHVV, which overlaps with it by about 94%.
📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from IVV’s published holdings as at 30 October 2026.
Is it a good time to buy IVV?
Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where IVV stands right now.
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| Net flow, September | −$84m |
| Net flow, 2026 so far | +$843m |
| Average month in 2026 | +$94m |
Week to 23 October: top 10 for inflows on the ASX (+$37m).
Is the whole market risk on, caution or risk off this week? Members see it every Sunday, with the core ETF check-up.
🔒 See it free for 30 days →IVV is in a base. Prices moving sideways can be a time to build a position gradually and watch which way the trend breaks. There’s no rush either way.
General information only, not a recommendation to buy or sell IVV. Whether it suits you depends on your goals and the rest of your portfolio. Trend updated weekly; flows from the TMX Australia funds report (September 2026) and the Global X weekly market monitor. See every ETF’s trend in the ETF trend scanner, or read when to buy an ETF.
What is IVV?
Index: S&P 500 Index · Issuer: iShares (BlackRock) · Exchange: ASX
Top 10 holdings
The 10 largest companies make up 39% of IVV.
| # | Company | Weight | |
|---|---|---|---|
| 1 | Apple IncInformation Technology | 7.70% | |
| 2 | NVIDIA CorpInformation Technology | 7.58% | |
| 3 | Microsoft CorpInformation Technology | 5.93% | |
| 4 | Alphabet (Google)Communication Services | 4.53% | |
| 5 | Amazon.com IncConsumer Discretionary | 3.61% | |
| 6 | Broadcom IncInformation Technology | 2.37% | |
| 7 | Meta Platforms IncCommunication Services | 2.08% | |
| 8 | Eli Lilly & CoHealth Care | 1.74% | |
| 9 | Tesla IncConsumer Discretionary | 1.72% | |
| 10 | Berkshire HathawayFinancials | 1.55% |
Sector breakdown
ETFs most similar to IVV
How much each ETF’s holdings overlap with IVV, by weight. High overlap means owning both mostly doubles up.
| ETF | Overlap | |
|---|---|---|
| IHVViShares S&P 500 Aud Hedged ETF | 94% | IVV vs IHVV → |
| UMAXBetashares S&P 500 Yield Maximiser Complex ETF | 94% | Compare in calculator → |
| UYLDGlobal X S&P 500 Covered Call Complex ETF | 93% | Compare in calculator → |
| SPYState Street SPDR S&P 500 ETF | 93% | Compare in calculator → |
| VTSVanguard Morningstar Us Total Mkt Shares Index ETF | 88% | IVV vs VTS → |
| V5AHVanguard S&P 500 Us Shares Index (Hedged) ETF | 88% | Compare in calculator → |
Head to head: VGS vs IVV · IOO vs IVV · IVV vs NDQ · IVV vs VTS · IVV vs IHVV · all comparisons
Check IVV against your own ETFs →Core or satellite?
CORE US shares
IVV is a core holding for US shares. Because most global ETFs are already about two thirds US, owning IVV with VGS or BGBL mostly doubles up. Read more in core and satellite investing.
Read more: Hedged vs unhedged ETFs · Best ETFs in Australia
IVV FAQs
Is IVV a good ETF?
IVV gives very low-cost access to the S&P 500, one of the most widely followed share indexes in the world. It is concentrated in the US and in large tech companies, so it works best as part of a wider portfolio. Whether it suits you depends on your goals and the rest of your portfolio.
What does IVV invest in?
IVV invests in the 500 large US companies in the S&P 500 index, weighted by size. Its largest holdings are Apple Inc, NVIDIA Corp, Microsoft Corp, and its biggest sector is information technology at about 39%.
What ETFs are similar to IVV?
The ETFs with the most overlap with IVV are IHVV (about 94%) and UMAX (about 94%). Use the free ETF overlap calculator to check your own mix.
Should I own IVV and IHVV together?
Usually there is little point: their holdings overlap by about 94%, so owning both mostly doubles up.
Fee, size and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns, 5-year figure is cumulative. Holdings from iShares (BlackRock) as at 30 October 2026; sector split based on the holdings we can see, about 94% of the fund. Chart: TradingView. General information only, not a recommendation to buy or sell IVV. Consider the PDS and TMD before investing.