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.
|IVV||Today||1 Day ago||Week ago||Month ago|
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,.
|DAY||Headline||Close price [AUD]||Price Change %||Comment|
|Nov 12||Hits year-high 10th time in three months||452.79||0.18|| |
|Nov 11||Increases 0.6% on average volume||451.96||0.55||Top Rise|
|Nov 08||Hits year-high 8th time in three months||449.47||-0.02||Steepest Fall|
|Nov 07||Increases on weak volume||449.55||0.46|| |
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%.
ISHARES CORE S&P 500 (AU) BULLISH SIGNALS
+ 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:
+ 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 $US65.
+ 3 years ago AUD 1 equalled USD 0.7618
+ 3 years Multiplier in USD = 1.549x
+ Compound Annual Growth Rate (CAGR) in USD = 15.5%
1.2 High Performance Indicators:
|Description||Value||Rank In Market|
|Price/MAP200||1.1||In Top Quartile|
|Today's Turnover||$A4.5 million||In Top Quartile|
ISHARES CORE S&P 500 (AU) BEARISH SIGNALS
+ 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.
PRICE VOLUME DYNAMICS
+ 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-Fri||Change %||MSCI AUSTRALIA Change %||RPC %||Vol Ind [1 is avg]|
3.3 The Worst 3 weeks in the past quarter [Relative Price Change or RPC]
|Mon-Fri||Change %||MSCI AUSTRALIA Change %||RPC %||Vol Ind [1 is avg]|
|Sep 30-Oct 04||-2||-3.2||1.2||0|
3.4 Trailing 3 months
|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 %||Quarter||Year||3 Years|
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%.
|IVV||Close (AUD)||Dividends (AUD)||Capital Gain %||% Yield||Annual Return %|
|1 Yr ago||375.56||5.71||14.7||1.7||16.4|
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%.
|% Price Change||16.4||16.1|| || |
|Avg Daily Volume||10,126||11,375||15,157|| |
|Turnover Period||226 yrs 3 d||199 yrs 16 d||736 yrs 10 mo|| |
|Price Range||337.53 - 447.63||315.16 - 407.58||257.26 - 326.79||258.84 - 283.8|
+ 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.
4.1 Global Rank out of 4,795 ETFs
The present value of $US1,000 invested a year ago is $US1,168, ranking it 1010 out of 4,795 ETFs.Its 6-month relative strength (or price percentile rank) in USD is 75.
|Net Assets (US$)||104.5B||10||Top|
|Rel Strength 6 Mo (US$)||75||1182||Top|
|PV$1000 (1Year) US$*||1,168||1010||Top|
* 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]
|Rel Strength 6 Mon ($A)||92||10|
iShares Core S&P 500 ETF is an exchange-traded fund incorporated in the USA. The ETF tracks the performance of the S&P 500 Index. It invests in all 500 stocks that comprise the index. The ETF holds predominantly large-cap stocks from U.S companies. It weights the holdings using a market capitalization methodology and rebalances quarterly.
iShares Core S&P 500 (AU) (ASX:IVV)
|Inception Date||October 10, 2007|
|Expense Ratio||0.1% of average net assets|
|Fund Family Name||BlackRock|
|Index Tracked||S&P 500|
5.3 Contact details
|Physical Address||BlackRock Fund Advisors 400 Howard Street San Francisco, CA 94105 USA.|
5.4 ETF Summary
|Volume Index (1 is avg)||0.6|
|Market Cap||$A3.3 billion [US$2.3 billion]|
|Day's Range||452.00 - 453.34|
|52-Week Range||337.53 - 453.34|
|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
|Dividend Date:||October 02, 2019|