IVE US
IVE ETF: A Guide to iShares S&P 500 Value ETF
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Overview
The iShares S&P 500 Value ETF (IVE) is a US-listed, US-dollar fund focused on large-cap US shares selected for value characteristics. Its broad portfolio spreads exposure across many companies, although large holdings and sector tilts still shape its results. For Australian investors, both US share-market movements and currency changes can influence the value of an investment.
Category
Value investing emphasises shares judged to have value characteristics, rather than selecting companies solely for rapid growth. This approach can provide a different balance of sector and company exposure from other US share strategies, but it does not remove equity-market risk or ensure outperformance.
Value-focused funds provide exposure to companies selected for value characteristics rather than simply weighting the largest shares in the broader market. IVE’s reported returns are 9.853% year to date and 12.422% over one year; the supplied figures also show 16.579% over three years, 10.882% over five years and 11.563% over ten years. Past performance does not establish future results, and returns can vary across market conditions.
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Key facts
- Ticker
- IVE
- Exchange
- US
- ISIN
- US4642874089
- Category / focus
- US Equity
- Provider
- iShares
- Domicile
- United States
- Currency
- USD
- Inception date
- 2000-05-22
- UCITS
- No
- Holdings count
- 433
Costs
- TER
- 0.18%
- Net expense ratio
- 0.18%
- AUM
- 51.9B
The reported total expense ratio is 0.18%. This ongoing fund cost reduces returns over time; brokerage, currency-conversion costs and other platform charges may also apply, depending on how an Australian investor accesses the ETF.
Performance
- YTD
- 16.0%
- 1 year
- 16.9%
- 3 years
- 16.6%
- 5 years
- 11.2%
- 10 years
- 12.1%
- Dividend yield
- 1.46%
- Top 10 concentration
- 24.2%
Holdings
-
Apple Inc.8.33%
-
Amazon.com Inc3.91%
-
ExxonMobil Holdings Corporation2.21%
-
Walmart Inc.1.78%
-
Costco Wholesale Corp1.58%
-
Chevron Corp1.40%
-
Tesla Inc1.27%
-
Procter & Gamble Company1.31%
-
Merck & Company Inc1.25%
-
UnitedHealth Group Incorporated1.19%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
The portfolio holds 435 shares, with its largest sector exposures in technology (23.39%), financial services (14.35%) and healthcare (12.57%). Apple is the largest listed holding at 8.546%, followed by Amazon at 3.799% and Exxon Mobil at 2.318%. The top 10 holdings represent 24.546% of assets, giving the portfolio broad share coverage but leaving meaningful weight in its largest positions.
Regions
-
North America101.1%
-
Europe Developed0.6%
-
United Kingdom0.1%
-
Asia Emerging0.1%
-
Japan0.0%
-
Australasia0.0%
-
Latin America0.0%
-
Asia Developed0.0%
-
Europe Emerging0.0%
-
Africa/Middle East0.0%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Asset allocation
-
Stock US98.7%
-
Stock non-US0.8%
-
Cash0.2%
-
Bond0.0%
-
Other0.0%
-
NotClassified0.0%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Sectors
-
Technology19.5%
-
Financial Services14.9%
-
Healthcare14.3%
-
Industrials10.6%
-
Consumer Cyclicals10.5%
-
Consumer Defensive9.4%
-
Energy7.2%
-
Utilities4.1%
-
Real Estate3.2%
-
Basic Materials3.0%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Risks
Who it may suit
This fund may be relevant to investors researching diversified exposure to US large-cap shares with a value orientation. Australian investors should also consider the fund’s US-dollar denomination, market risks and whether its approach fits their own circumstances.
Key risks
The fund remains exposed to share-market declines and to the fortunes of its underlying companies. Its largest sector exposures are technology and financial services, and the top 10 holdings comprise 24.546% of assets, so sector or company weakness may affect performance. Value stocks can lag other market styles, and a US-dollar investment can gain or lose value for Australian investors as exchange rates move. The reported dividend yield can change and is not guaranteed.
FAQ
What does IVE invest in?
IVE holds US large-cap shares selected for value characteristics. The supplied benchmark field is empty, so this profile does not identify a verified benchmark.
How concentrated are its holdings?
The top 10 holdings account for 24.546% of the fund. Apple is the largest listed holding at 8.546%, so a small number of companies can still have a notable influence on returns.
What does the reported dividend yield mean?
The supplied dividend yield is 1.503%. It is a snapshot figure, not a guaranteed payment or forecast; distributions and yield can change.
What should Australian investors keep in mind?
The ETF is listed in the US and denominated in US dollars. Returns for Australian investors can therefore also be affected by movements in the Australian dollar against the US dollar.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
