US shares
IHVV
iShares S&P 500 AUD Hedged ETF · iShares
The 500 biggest companies listed in the United States — the same basket as the S&P 500 — but with the US-dollar exposure hedged back to Australian dollars.
What the fee costs you
The management fee is 0.1% a year. Here’s what that works out to in dollars:
A 0.1% yearly fee works out to about $10 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- iShares
- Asset class
- US shares
- Number of holdings
- ~500 (look-through)
- Where it invests
- 100% United States.
- Income paid
- Annually
- Currency hedged
- Yes — Hedged back to Australian dollars, so day-to-day moves in the US-dollar exchange rate are largely removed — what you feel is mostly the US market itself.
Its character
The currency-hedged twin of the plain S&P 500 fund: same big US companies, led by the mega-cap technology names like Nvidia, Apple and Microsoft, but built to strip out the effect of currency swings.
What to keep in mind
Concentrated in one country and tilted toward a few giant technology firms. Hedging removes most of the currency swings, leaving the US market's ups and downs.
How this fund relates to others
The currency-hedged twin of IVV: same 500 US companies, near-identical bar the hedging. It overlaps the same way with NDQ, FANG and the US-heavy global funds.
Figures last verified 2026-06-12against the issuer’s factsheet and PDS.