16 September, 2019 (16:00:00 EST)
iShares Core S&P 500 (AU) decreases 0.9% on thin volume
iShares Core S&P 500 (AU) (ASX:IVV), the 3rd largest Exchange Traded Fund by market cap in Australia, has decreased $A4.11 (or 0.9%) from its last trading session of September 13 to close at $A437.84 , ending a two-day streak of rises. Compared with the Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] which rose 6.5 points (0.1%) in the day, the relative price change was -1.0%. The volume was 0.7 times the average daily trading of 11,388 units. Its MCap is $A3.2 billion.
THE PAST WEEK [Price up 1.2% to $A441.95]
In the past week the ETF rose on 2 days, fell on 2 days and was untraded on 1 day,.
THE PAST QUARTER
iShares Core S&P 500 (AU) gains 4% in past quarter
iShares Core S&P 500 (AU) (AU:IVV), has gained $A17.05 (or 4.1%) in the past quarter to close at $A437.84 today. Compared with the Morgan Stanley Capital International Australia Index which rose 231.9 points (or 3.6%) in the past quarter, this represented a relative price increase of 0.5%.
SECTION 1ISHARES CORE S&P 500 (AU) BEARISH SIGNALS
+ The price decreased 0.2% in the last week. The fall has been exacerbated by strong volume of 2.7 times average for the week.
+ The 1.0% discount to 12-month high of $A442.43 against the 29.2% premium to 12-month low of $A338.91 suggests the climb might be peaking.
1.2 Overbought/Bearish/Resistance Signals:
+ The Stochastic indicator of 86.4 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.
1.3 Low Performance Indicators:
SECTION 2ISHARES CORE S&P 500 (AU) BULLISH SIGNALS
+ The present value of $A1,000 (PV1000) invested one year ago in iShares Core S&P 500 (AU) is $A1,115, comprising a capital gain of $A95 and dividend reinvested of $A20. A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] is shown below:
+ 3 years Multiplier in AUD = 1.644x
+ Compound Annual Growth Rate (CAGR) in AUD = 17.8%
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 $US1,514, including a capital gain of $US456 and dividend reinvested of $US58.
+ 3 years ago AUD 1 equalled USD 0.7463
+ 3 years Multiplier in USD = 1.514x
+ Compound Annual Growth Rate (CAGR) in USD = 14.7%
2.2 High Performance Indicators:
PRICE VOLUME DYNAMICS
+ Volume: there were 8,134 units worth $A3.6 million traded today. In the past week, volume was 2.7 times average and the units were down 0.2%.
3.2 The Best 3 weeks in the past quarter [Relative Price Change or RPC]
3.3 The Worst 3 weeks in the past quarter [Relative Price Change or RPC]
3.4 Trailing 3 months
3.5 Trailing Price Change %
3-Year price change of 58.1% for IVV outperformed the change of 29.4% in the Morgan Stanley Capital International World Index [MSCI World] for a relative price change of 28.7%.
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 22.5%. The Moving Annual Return has consistently exceeded 11%.
Close 2 years ago $A303.05
3.7 Year-on-Year Comparison (Trailing year - ended 30 Aug)
In the past 3 years, IVV has jumped 57.0% from 279.18 to 438.43 , an average annual compound rise of 16.2%.
+ Beta: the Beta is 0.8. 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 5,034 ETFs
The present value of $US1,000 invested a year ago is $US1,065, ranking it 876 out of 5,034 ETFs.Its 6-month relative strength (or price percentile rank) in USD is 89.
* 1 year ago AUD 1 equalled USD 0.72
Sep 16, 2019: AUD 1 equals USD 0.6874
4.2 Rank in the Total Australia ETF Market [out of 123 ETFs]
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)
5.3 Contact details
5.4 ETF Summary
5.5 Fund Manager and Management Fees
+ The manager of the ETF is Blackrock. The management fee is 0.07% of total assets