ASX-listed · AUD-settled · FIF-eligible (above NZ$50K)
BlackRockIVV.AXiShares Core S&P 500 ETF (ASX-listed)
ASX-listed cross-listing of iShares Core S&P 500 ETF. Tracks the S&P 500 — 500 large-cap US companies. Settles in AUD on the ASX.
Updated Reviewed quarterly
About this fund
What is IVV.AX?
IVV.AX is the ASX ticker for iShares Core S&P 500 ETF (ASX-listed), issued by BlackRock (cross-listed from the US). ASX-listed cross-listing of iShares Core S&P 500 ETF. Tracks the S&P 500 — 500 large-cap US companies. Settles in AUD on the ASX. TER is 0.04% per year, with a trailing 12-month distribution yield of approximately 1.5%. Distributions paid quarterly in AUD.
Next typical distribution: December.IVV typically pays in Mar · Jun · Sep · Dec. Issuer sets the exact date — verify on the distribution calendar before relying on a payment date.
Platform availability
Where to buy IVV from New Zealand
Based on each platform's advertised market coverage and fee schedule. Verify with the platform before transacting — instrument coverage can change.
| Platform | Per-trade fee | FX | Min | Notes |
|---|---|---|---|---|
 SharesiesSharesies | 1.9% per trade | 0.5% | NZ$0 | Beginners, fractional shares, mixing NZ + US ETFs |
 Interactive BrokersInteractive Brokers | From US$0.35 / trade (Tiered) or US$1 flat (Fixed) | ~0.002% (US$2 min) | US$0 | Larger portfolios, frequent traders, multi-market investors |
 Tiger BrokersTiger Brokers | US$2 flat per US trade (to 200 shares) | 0.50% | NZ$0 | NZ investors who want NZ + US + Asian markets in one account |
 Invest DirectInvest Direct | From NZ$29.90 per trade | Undisclosed margin on conversion | NZ$0 | Larger NZX and ASX trades, and sponsored NZ holdings in your own name |
 ASB SecuritiesASB Securities | NZ$30 per NZX trade | Bank rates (~1%) | NZ$0 (ASB customer) | Existing ASB customers wanting one login for banking + brokerage |
Showing 5 platforms that list this ETF. Full platform comparison: all 11 NZ brokers → · Full coverage matrix: availability matrix →
NZ tax
How is IVV.AX taxed for NZ investors?
ASX-listed ETFs are non-NZ-domiciled, so they sit in the Foreign Investment Fund (FIF) regime once your overseas-share holdings exceed NZ$50,000 cost basis. Below that threshold, you pay tax on dividends only. Above it, most NZ investors use the Fair Dividend Rate (FDR) method — deemed income = 5% × opening market value × your marginal tax rate.
Distributions are paid in AUD. Australian withholding tax applies under the NZ-Australia tax treaty (typically 15% with a TFN supplied to your broker). It can be claimed as a foreign tax credit on your IR3 — the same treatment as US withholding on FIF-taxed holdings.
Currency exposure: IVV.AX settles in AUD. NZ residents face NZD/AUD currency variance when valuing positions in NZD, and (for AU-domiciled funds investing in non-AUD assets) further AUD-vs-underlying-currency variance inside the fund.
ASX-listed ETFs do NOT carry the NZ PIE-fund tax advantages — that structure is only available on NZX-listed Smartshares + Kernel funds. See PIE vs FIF for the comparison and consult a registered NZ tax adviser for personalised guidance.
FAQ
Common questions about IVV.AX
What is IVV.AX?⌄
IVV.AX is the ASX-listed iShares Core S&P 500 ETF, issued by BlackRock Australia. It tracks the S&P 500 — 500 large-cap US companies — same as the US-listed IVV but settled in AUD on the ASX. TER is 0.04%, distributions paid quarterly. Yield ~1.5%.
IVV.AX vs IVV (US-listed) for NZ investors — which one?⌄
Both track the S&P 500 with the same 0.04% TER. IVV.AX settles in AUD on the ASX; US-listed IVV settles in USD on the NYSE. From a NZ tax view, both are FIF (above NZ$50K), both attract 15% foreign withholding (under NZ-AU treaty for IVV.AX, NZ-US treaty for IVV). Choice is operational: AUD vs USD currency preference, broker support, FX margin on initial conversion, CHESS-sponsorship availability for ASX. Most NZ investors who already hold AUD positions prefer IVV.AX; those buying USD ETFs alongside use US-listed IVV.
IVV.AX vs USF (Smartshares NZ-listed) — what's the structural difference?⌄
USF is the NZX-listed Smartshares US 500 — NZ-domiciled, PIE-taxed (max 28% PIR), no FIF. Higher TER (~0.5%) but the structural tax simplicity is meaningful for portfolios above NZ$50K cost basis. IVV.AX is FIF-eligible, FDR-method-taxed, with AUD currency layer. For NZ investors prioritising tax simplicity, USF wins; for NZ investors who want lower TER and are comfortable with FIF + AUD, IVV.AX wins.
Where can I buy IVV.AX from NZ?⌄
Sharesies (NZ + AU + US in one account), Tiger Brokers NZ, Invest Direct (sponsored), ASB Securities (CHESS-sponsored), and Interactive Brokers all support ASX. Hatch is US-only; Stake AU requires a separate AU account. Settlement in AUD; supply a TFN to your broker so the reduced NZ-AU treaty withholding rate applies to distributions (see the tax question above).
Add up to 4 more tickers to compare TER · yield · distribution · NZ tax structure.
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Related ETFs and resources
IHVV.AX — IVV AUD-hedged sibling
Same S&P 500 underlying, hedged to AUD. Higher TER (0.10% vs 0.04%) but removes USD/AUD variance.
VOO — Vanguard S&P 500 (US-listed)
USD-settled S&P 500 alternative; lower 0.03% TER.
NZ-listed S&P 500 (USF, PIE-tax)
Smartshares USF on the NZX — PIE-taxed, no FIF, NZD-settled.
PIE vs FIF — which structure wins
Side-by-side on the structural tax difference.
NZ investment platforms compared
Which brokers support ASX from NZ.
