Is the IHVV ETF a good investment? Here’s where you start…
The iShares IHVV ETF provides investors with exposure to the largest 500 US companies. This is a low-cost way to access leading US companies through a single fund.
According to our most recent data, the IHVV ETF had $603.09 million of money invested. With IHVV’s total funds under management (FUM) figure over $100 million, the ETF meets our team’s minimum investment criteria for FUM levels. As a general rule, our team draws the line at $100 million for ETFs in the International shares sector because we believe that, relative to smaller ETFs, achieving this amount of FUM lowers the chance that the ETF issuer will close the ETF.
Get our team’s IHVV ETF review, available free when you click this link: access the free investment report.
A quick take of the OOO ETF
The BetaShares OOO ETF provides investors with exposure to crude oil futures, hedged into Australian dollars.
With our numbers for July 2022, OOO’s FUM stood at $180.12 million. Since the OOO’s FUM is over $100 million, our investing team would say the ETF has met our minimum criteria for the total amount invested, otherwise known as FUM. A very sustainable ETF in the Index sector should be able to scale well and become profitable for the ETF issuer.
A look at the OOO ETF fee load?
BetaShares, the ETF issuer, charges a yearly management fee of 1.29% for the OOO ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $25.80.
The management fee is above the average for all ETFs on our list of ASX ETFs, but keep in mind the ETF may be able to justify the higher price tag with superior performance over time.
Did you know: you can get our full ETF review of OOO by clicking here?
