IVV
iShares Core S&P 500 ETF

Price: $404.12
Change: $2.4 (0.01%)
Last Updated:

Vitals

Brand iShares
Structure ETF
Expense Ratio 0.03%
ETF Home Page Home page
Inception May 15, 2000
Index Tracked S&P 500 Index

Analyst Report

IVV has become one of the largest ETFs in the world, offering exposure to one of the world’s best-known and most widely followed stock indexes. This ETF tracks the S&P 500 Index, which includes many large and well known U.S. firms. As a result, investors should think of this as a play on mega and large cap stocks in the American market. These securities are usually known as ‘Blue Chips’ and are some of the most famous and profitable companies in the country, including well known names such as ExxonMobil, Apple, IBM, and GE. Given this focus, IVV has obvious appeal as a core holding in a long-term, buy-and-hold portfolio; it offers cheap and relatively balanced exposure to many of the world’s largest companies, giving investors a way to own a basket of companies that makes up a sizable portion of global market cap.


For investors seeking exposure to the S&P 500 Index, there are multiple ETFs from which to choose. The largest is SPY, but IVV has some structural advantages over the ultra-popular SPDR. SPY is a UIT, an outdated structure that differs slightly from true 1940 Act ETFs such as IVV. This fund has the ability to lend out share (thereby generating some additional revenues) and to reinvest dividends (which can add value if markets generally trend up). As such, IVV is probably a better choice than SPY for those seeking exposure to large cap U.S. stocks as part of a long-term strategy. SPY’s more liquid options market may make it useful for those implementing more advanced short-term strategies.


Another alternative is VOO, which is slightly cheaper and is eligible for commission free trading within Vanguard accounts. Beyond the S&P 500, RSP may be another alternative worth a closer look; that ETF, which is a bit more expensive, holds all stocks in the S&P 500 but gives an equivalent weighting to each. As such, it might be attractive to investors looking to steer clear of the potential inefficiencies in market cap weighting methodologies.

ETF Database Themes

Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Blend
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: U.S. - Large Cap
Category Size and Style
Focus Large Cap
Niche Broad-based
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $349.53
  • 52 Week Hi $476.53
  • AUM $305,142.0 M
  • Shares 759.9 M

Historical Trading Data

  • 1 Month Avg. Volume 4,574,567
  • 3 Month Avg. Volume 4,960,191

Alternative ETFs in the ETF Database Large Cap Growth Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SFY 0.00% $404.6 M 140,186 -18.56%
Largest (AUM) SPY 0.09% $379.4 B 90 M -14.29%
Most Liquid (Volume) SPY 0.09% $379.4 B 90 M -14.29%
Top YTD Performer CCOR 1.07% $560.9 M 155,306 4.85%

Alternative ETFs in the FactSet Equity: U.S. - Large Cap Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BKLC 0.00% $451.7 M 21,439 -16.49%
Largest (AUM) SPY 0.09% $379.4 B 90 M -14.29%
Most Liquid (Volume) SPY 0.09% $379.4 B 90 M -14.29%
Top YTD Performer EQRR 0.35% $76.1 M 11,233 8.98%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

IVV ETF Database Category Average FactSet Segment Average
Number of Holdings 503 369 146
% of Assets in Top 10 25.26% 37.61% 52.80%
% of Assets in Top 15 30.69% 45.51% 57.42%
% of Assets in Top 50 51.72% 72.62% 75.10%

Size Comparison

IVV ETF Database Category Average FactSet Segment Average
Large (>12.9B) 97.69% 81.60% 49.44%
Mid (>2.7B) 1.99% 7.39% 4.48%
Small (>600M) 0.00% 0.78% 0.11%
Micro (<600M) 0.00% 0.10% 0.00%

IVV Valuation

This section compares the P/E ratio of this ETF to its peers.

IVV
P/E Ratio
33.23
ETF Database Category Average
P/E Ratio
26.09
FactSet Segment Average
P/E Ratio
19.01

IVV Dividend

This section compares the dividend yield of this ETF to its peers.

IVV ETF Database Category Average FactSet Segment Average
Dividend $ 1.69 $ 0.24 $ 0.15
Dividend Date 2021-09-24 N/A N/A
Annual Dividend Rate $ 5.84 $ 0.79 $ 0.50
Annual Dividend Yield 1.25% 0.95% 0.76%

IVV Price and Volume Charts

View charts featuring IVV price and volume data.

IVV Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 38.31 M 1 Month Net Flows: 1.92 B 3 Month Net Flows: 5.32 B 6 Month Net Flows: 15.86 B 1 Year Net Flows: 26.67 B 3 Year Net Flows: 57.63 B 5 Year Net Flows: 86.29 B 10 Year Net Flows: 150.16 B

IVV Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.