13 November, 2019 (16:00:00 EST)

iShares Core S&P 500 (AU) hits year-high


iShares Core S&P 500 (AU) (ASX:IVV), the 3rd largest Exchange Traded Fund by market cap in Australia, hit a 52-week high of $A454.81 during the day. In the last one month the ETF has hit a new 52-week high five times and in the last three months eleven times, pointing to a significant uptrend. The ETF price has increased 16.0c (or 0.04%) from its last trading session of November 12 to close at $A452.95 The ETF rose for a third day on Wednesday bringing its three-day rise to $A3.48 or 0.8%. Compared with the Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] which fell 60.4 points (0.9%) in the day, the relative price increase was 0.9%. Its MCap is $A3.3 billion.

IVVToday1 Day agoWeek agoMonth ago
Price, AUD452.95451.96447.51440.27
MSCI AUSTRALIA6,737.346,797.756,676.476,609.75


THE PAST WEEK [Price up 0.7% to $A452.79]
In the past week the ETF rose on 3 days, fell on 1 day and was untraded on 1 day,.
DAYHeadlineClose price [AUD]Price Change %Comment
Nov 12Hits year-high 10th time in three months452.790.18 
Nov 11Increases 0.6% on average volume451.960.55Top Rise
Nov 08Hits year-high 8th time in three months449.47-0.02Steepest Fall
Nov 07Increases on weak volume449.550.46 


YEAR-TO-DATE

iShares Core S&P 500 (AU) soars 29% in 2019, beating 91% of the market

iShares Core S&P 500 (AU) (AU:IVV), soared $A102.23 (or 29.1%) year-to-date (YTD) in 2019 to close at $A452.95 today. This means the ETF has outperformed 91% of ETF-listed in 2019. Compared with the Morgan Stanley Capital International Australia Index which has risen 23.6% YTD, this is a relative price increase of 5.6%.

SECTION 1

ISHARES CORE S&P 500 (AU) BULLISH SIGNALS

1.1 Technicals:
+ The price increased 1.2% in the last week and lifted 2.9% in the last month.
+ Compared with the Morgan Stanley Capital International World Index [MSCI World] which rose 0.5% for the week and 4.2% for the month, this represented a relative price increase of 0.3% for the week and 0.9% for the month.
+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 448.43 minus the 26-day EMA of 445.01 is positive 3.41 suggesting a bullish signal. Both EMA prices are rising, another bullish signal.
+ Rises to Falls: in the past month the number of rises outnumbered falls 14:9 or 1.6:1.
+ In the last three months the ETF has hit a new 52-week high eleven times, pointing to a significant uptrend.
+ The present value of $A1,000 (PV1000) invested one year ago in iShares Core S&P 500 (AU) is $A1,229, comprising a capital gain of $A206 and dividend reinvested of $A23. A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] is shown below:
PV$10001-week1-month1-year
IVV.AU1,0121,0291,229
MSCI World1,0051,0291,120
MSCI AUSTRALIA1,0091,0071,202
+ The present value of AUD1,000 (PV1000) invested three years ago in iShares Core S&P 500 (AU) is $A1,724, including a capital gain of $A652 and dividend reinvested of $A73.
+ 3 years Multiplier in AUD = 1.724x
+ Compound Annual Growth Rate (CAGR) in AUD = 19.7%
Present Value of USD1,000 invested 3 years ago:
+ The present value of USD1,000 (PV1000) invested three years ago in iShares Core S&P 500 (AU) is $US1,549, including a capital gain of $US484 and dividend reinvested of $US65.
+ 3 years ago AUD 1 equalled USD 0.7618
+ 3 years Multiplier in USD = 1.549x
+ Compound Annual Growth Rate (CAGR) in USD = 15.5%

1.2 High Performance Indicators:
DescriptionValueRank In Market
Price/MAP2001.1In Top Quartile
Today's Turnover$A4.5 millionIn Top Quartile

SECTION 2

ISHARES CORE S&P 500 (AU) BEARISH SIGNALS

2.1 Technicals:
+ The 0.4% discount to 12-month high of $A454.81 against the 34.2% premium to 12-month low of $A337.53 suggests the climb might be peaking.

2.2 Overbought/Bearish/Resistance Signals:
+ The Relative Strength Index (RSI) of 77.3 has penetrated the overbought line of 70, suggesting the price gain of 2.3% in the last 14 days is unusually high.
+ The ETF is overbought according to the Williams % R indicator of -14.1, suggesting the price is close to its 14-day high of $A454.81.
+ The Stochastic indicator of 93.1 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.

SECTION 3

PRICE VOLUME DYNAMICS


3.1 Momentum:
+ Volume: there were 9,876 units worth $A4.5 million traded today. In the past week, volume was 1.4 times average and the units were up 1.2%.The volume was 0.9 times the average daily trading of 11,226 units.

3.2 The Best 3 weeks in the past quarter [Relative Price Change or RPC]
Mon-FriChange %MSCI AUSTRALIA Change %RPC %Vol Ind [1 is avg]
Aug 19-232.920.90.6
Nov 04-081.50.90.61.3
Oct 07-111.11.4-0.30.9

3.3 The Worst 3 weeks in the past quarter [Relative Price Change or RPC]
Mon-FriChange %MSCI AUSTRALIA Change %RPC %Vol Ind [1 is avg]
Sep 30-Oct 04-2-3.21.20
Aug 12-16-1.7-1.80.12
Sep 23-27-0.5-0.1-0.30.9

3.4 Trailing 3 months
TurnoverUS$238.1 million
Volume790,685
Volume Index (1 is avg)1.1

3.5 Trailing Price Change %
3-Year price change of 65.2% for IVV outperformed the change of 33.8% in the Morgan Stanley Capital International World Index [MSCI World] for a relative price change of 31.4%.
Price Change %QuarterYear3 Years
IVV6.220.665.2
MSCI World7.211.933.8

3.6 Moving Annual Return (Past 2 years)
Based on a dynamic start date of 2 years ago, the real rate of return has averaged 19.5%. The Moving Annual Return has consistently exceeded 16%.
IVVClose (AUD)Dividends (AUD)Capital Gain %% YieldAnnual Return %
Nov 13452.957.5620.6222.6
1 Yr ago375.565.7114.71.716.4

Close 2 years ago $A327.57

3.7 Year-on-Year Comparison (Trailing year - ended 31 Oct)

In the past 3 years, IVV has jumped 63.8% from 269.96 to 442.07 , an average annual compound rise of 17.9%.
 2019201820172016
Close442.07375.24325.75269.96
% Price Change16.416.1  
Avg Daily Volume10,12611,37515,157 
VWP337.72296.78278.91 
Turnover Period226 yrs 3 d199 yrs 16 d736 yrs 10 mo 
Price Range337.53 - 447.63315.16 - 407.58257.26 - 326.79258.84 - 283.8


3.8 Beta:
+ Beta: the Beta is 0.7. A Beta lower than 1 suggests this is a low risk, low return ETF with volatility less than that of the market.

SECTION 4

RANKING

4.1 Global Rank out of 4,795 ETFs
The present value of $US1,000 invested a year ago is $US1,168, ranking it 1010 out of 4,795 ETFs.Its 6-month relative strength (or price percentile rank) in USD is 75.
DescriptionValueRankQuartile
Net Assets (US$)104.5B10Top
Rel Strength 6 Mo (US$)751182Top
PV$1000 (1Year) US$*1,1681010Top

* 1 year ago AUD 1 equalled USD 0.72
Nov 13, 2019: AUD 1 equals USD 0.6844

4.2 Rank in the Total Australia ETF Market [out of 123 ETFs]
DescriptionValueRank
Rel Strength 6 Mon ($A)9210
PV1000-1Year ($A)1,22939

SECTION 5

PROFILE

5.1 Description
iShares Core S&P 500 ETF is an exchange-traded fund incorporated in the USA. The ETF tracks the performance of the S&P 500 Index. It invests in all 500 stocks that comprise the index. The ETF holds predominantly large-cap stocks from U.S companies. It weights the holdings using a market capitalization methodology and rebalances quarterly.

5.2 SNAPSHOT
iShares Core S&P 500 (AU) (ASX:IVV)
ISIN: AU000000IVV8
Inception DateOctober 10, 2007
Expense Ratio0.1% of average net assets
CategoryLarge Caps
Fund Family NameBlackRock
Index TrackedS&P 500
Asset ClassEquity

5.3 Contact details
Websitehttp://www.ishares.com
Physical AddressBlackRock Fund Advisors 400 Howard Street San Francisco, CA 94105 USA.
Phone1-415-670-2000

5.4 ETF Summary
Last$A452.79
Volume7,131
Volume Index (1 is avg)0.6
Market Cap$A3.3 billion [US$2.3 billion]
Day's Range452.00 - 453.34
52-Week Range337.53 - 453.34
Units Outstanding7,251,385
Relative Strength (3 mo)49

5.5 Fund Manager and Management Fees
+ The manager of the ETF is Blackrock. The management fee is 0.07% of total assets

SECTION 6

DIVIDEND

Dividend:1.8
Dividend Date:October 02, 2019
Dividend Yield:1.7%
Annual Dividend:$A7.56
IVV.AX

Source: www.BuySellSignals.com