IVV 📈 iShares Core S&P 500 - Overview

The iShares Core S&P 500 ETF, listed on NYSE ARCA under the ticker IVV, is designed to track the performance of the large-capitalization sector of the US equity market. This sector is determined by S&P Dow Jones Indices, a renowned index provider. By investing in this ETF, you're essentially gaining exposure to the 500 largest publicly traded companies in the US, as measured by market capitalization. The fund's portfolio is constructed to closely replicate the S&P 500 Index, which is widely regarded as a benchmark for the US stock market.

In terms of its investment strategy, the iShares Core S&P 500 ETF will typically allocate at least 80% of its assets to the component securities of the S&P 500 Index. This means that the fund will hold a diverse portfolio of stocks, including well-known companies from various industries such as technology, healthcare, finance, and consumer goods. Additionally, the fund may invest in other securities that have economic characteristics similar to those of the component securities of the index. This can include investments in other ETFs, index funds, or derivative instruments that track the performance of the S&P 500 Index.

The fund also has the flexibility to invest up to 20% of its assets in certain futures, options, and swap contracts, as well as cash and cash equivalents. This allows the fund manager to engage in various investment strategies, such as hedging or cash management, to optimize the fund's performance and minimize tracking error. It's worth noting that the iShares Core S&P 500 ETF is a US-domiciled fund, with the ISIN code US4642872000, and is classified as a large blend ETF. More information about the fund can be found on the iShares website at http://www.ishares.com.