IVW US
IVW ETF: How iShares S&P 500 Growth ETF Works
Last updated: 2026-10-03
Overview
The iShares S&P 500 Growth ETF (IVW) offers exposure to US large-cap companies identified for growth characteristics. Its portfolio is dominated by technology shares and a handful of very large positions, giving it a more concentrated growth profile than a broadly spread share-market fund. For Australian investors, US-dollar pricing adds currency exposure alongside the risks of the underlying shares.
Category
Growth-focused share funds generally concentrate on companies selected for growth characteristics. In IVW’s case, the supplied portfolio data show that this exposure is led by large technology businesses, alongside companies in communication services and consumer sectors. That emphasis can appeal to investors researching growth stocks, but it also makes sector balance and concentration important considerations.
The fund’s supplied return figures show positive performance across the reported periods: 16.56% year to date, 20.65% over one year and 17.86% annualised over ten years. These figures describe past performance, not a prediction. The concentration in large growth companies means the fund’s path may differ from that of a broader or more evenly weighted share portfolio.
Key facts
- Ticker
- IVW
- Exchange
- US
- ISIN
- US4642873099
- Category / focus
- Large Growth
- Provider
- iShares
- Domicile
- United States
- Currency
- USD
- Inception date
- 2000-05-22
- Use of income
- NA
- UCITS
- No
- Holdings count
- 151
Costs
- TER
- 0.18%
- Net expense ratio
- 0.18%
- AUM
- 78.7B
The supplied total expense ratio is 0.18% a year. The dividend yield is 0.36%, but distributions can change and should not be treated as a fixed income stream.
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Performance
- YTD
- 16.6%
- 1 year
- 20.7%
- 3 years
- 28.2%
- 5 years
- 13.9%
- 10 years
- 17.9%
- Dividend yield
- 0.36%
- Top 10 concentration
- 59.9%
Holdings
-
NVIDIA Corporation14.91%
-
Microsoft Corporation10.25%
-
Apple Inc.6.52%
-
Alphabet Inc Class A5.42%
-
Broadcom Inc4.58%
-
Meta Platforms Inc.4.42%
-
Alphabet Inc Class C4.35%
-
Amazon.com Inc3.48%
-
Micron Technology Inc3.26%
-
Advanced Micro Devices Inc2.69%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
The portfolio contains 151 holdings, led by NVIDIA, Microsoft and Apple. Alphabet, Broadcom, Meta and Amazon also feature among the largest positions. Technology accounts for 53.844% of equity exposure, with communication services the next-largest sector at 15.731%. The ten largest holdings represent 59.872% of the fund.
Regions
-
North America99.8%
-
Asia Emerging0.1%
-
Latin America0.1%
-
Japan0.0%
-
Australasia0.0%
-
Asia Developed0.0%
-
United Kingdom0.0%
-
Europe Emerging0.0%
-
Europe Developed0.0%
-
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 US99.7%
-
Stock non-US0.2%
-
Cash0.1%
-
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
-
Technology53.8%
-
Communication Services15.7%
-
Financial Services8.6%
-
Consumer Cyclicals7.9%
-
Healthcare6.2%
-
Industrials5.5%
-
Consumer Defensive1.0%
-
Real Estate0.6%
-
Basic Materials0.3%
-
Utilities0.3%
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
IVW may interest investors researching exposure to US large-cap growth companies, particularly those comfortable with substantial technology exposure and concentration in a small number of large holdings. It is a US-listed fund priced in US dollars, so Australian investors should also consider currency movements and access to overseas markets.
Key risks
IVW is exposed to share-market volatility and the fortunes of US growth companies. Its high technology weighting and concentration in its largest holdings can amplify the effect of a setback among major constituents. Australian investors also face currency risk because the fund is priced in US dollars. The supplied dividend yield is modest and may vary; the fund is not designed around income alone.
FAQ
What does IVW invest in?
IVW holds large US companies selected for growth characteristics. Its portfolio is heavily weighted towards technology and includes major technology, communication services and consumer companies.
How concentrated is the portfolio?
The ten largest holdings make up 59.872% of the fund, so its results can be materially influenced by a relatively small group of companies.
Does IVW pay income?
The supplied dividend yield is 0.36%. Yield can change, and distributions are not guaranteed.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
