What Is IVE? iShares S&P 500 Value ETF
Last updated July 2026
Short answer
IVE is the iShares S&P 500 Value ETF from BlackRock. It holds the roughly 440 stocks inside the S&P 500 that screen as value using book value, earnings, and sales, so it leans toward financials, energy, healthcare, and consumer staples names like Exxon Mobil, Walmart, and Procter & Gamble. The expense ratio is 0.18%. It suits investors who want the cheaper, dividend-tilted half of the large-cap market. The obvious peers are Vanguard's VTV and SPDR's SPYV, both of which charge less.
IVE is issued by BlackRock (iShares) and tracks S&P 500 Value Index. It charges a 0.18% expense ratio, holds approximately ~$49 billion in assets under management, yields about ~1.7%, and launched in May 2000.
What is IVE?
IVE is the iShares S&P 500 Value ETF, issued by BlackRock and trading on NYSE Arca. It tracks the S&P 500 Value Index, which takes the roughly 440 stocks inside the S&P 500 that screen as value based on book value to price, earnings to price, and sales to price. The fund charges an expense ratio of 0.18%.
Launched in May 2000, IVE is one of the longest-running style-tilt ETFs. It lets an investor own the cheaper, more dividend-oriented half of the large-cap U.S. market in a single trade, without picking individual value stocks.
IVE holdings
Approximate weights as of mid-2026; refresh quarterly from BlackRock (iShares)'s fund page. Each ticker links to its individual stock guide in Walnut.
| Rank | Ticker | Company | % of IVE | |
|---|---|---|---|---|
| 1 | AAPL | Apple | ~7.9% | |
| 2 | AMZN | Amazon.com | ~3.9% | |
| 3 | XOM | Exxon Mobil | ~1.9% | |
| 4 | INTC | Intel | ~1.8% | |
| 5 | WMT | Walmart | ~1.7% | |
| 6 | TSLA | Tesla | ~1.5% | |
| 7 | COST | Costco Wholesale | ~1.4% | |
| 8 | UNH | UnitedHealth Group | ~1.3% | |
| 9 | BAC | Bank of America | ~1.3% | |
| 10 | PG | Procter & Gamble | ~1.2% |
IVE holds around 440 large-cap U.S. stocks. Top positions in mid-2026 include Apple, Amazon, Exxon Mobil, Intel, Walmart, Tesla, Costco, UnitedHealth, Bank of America, and Procter & Gamble. The top ten make up roughly a quarter of the fund.
Because the value screen favors stocks trading cheaply on fundamentals, IVE tilts toward financials, energy, healthcare, industrials, and consumer staples, with a lighter weight in high-growth technology than a broad S&P 500 fund. Some mega-caps like Apple still appear because the index can split a stock between value and growth.
IVE vs VTV, SPYV, and IVW
The closest peers are Vanguard's VTV and SPDR's SPYV. SPYV tracks the exact same S&P 500 Value Index as IVE but charges only 0.04% versus 0.18%, with nearly identical holdings. VTV also charges 0.04% but pulls from a broader CRSP large-cap universe, so it holds more names.
IVW is the growth counterpart from iShares, holding the S&P 500 stocks that screen as growth. Pairing IVE with IVW roughly reconstructs the full S&P 500 by style. IVE's edge over the cheaper rivals is mostly its long track record and large asset base, not its price.
Performance and outlook
IVE's returns track the value factor within large-cap U.S. stocks. Value has gone through long stretches of both leadership and lagging performance relative to growth, so IVE can trail a broad S&P 500 fund when technology and growth names dominate, and outperform when the market rewards cheaper, cash-generating businesses.
The fund's higher dividend yield, recently around 1.7%, adds a steadier income component than a growth-tilted fund. Future results will depend on how the value factor performs and on the health of its largest sectors, including financials, energy, and healthcare.
Is IVE a good fit?
IVE can fit investors who want diversified, low-cost exposure to large-cap value stocks and a modest income tilt, whether as a core holding or a satellite position alongside a broad or growth fund. Its 0.18% fee is reasonable but higher than VTV and SPYV, which is worth weighing for long holding periods.
This is descriptive information, not investment advice, and Walnut is not an investment adviser. Whether IVE suits you depends on your own goals, time horizon, and risk tolerance. Consider how it fits your overall mix before investing.
How to buy IVE
IVE trades like any stock during market hours. You can buy it through brokers such as Robinhood, Fidelity, Schwab, or Public, and many of them support fractional shares so you can invest a set dollar amount rather than buying a whole share.
You can also connect your existing brokerage to Walnut to track IVE inside a thematic basket, watch how it moves against your targets, and see it alongside the rest of your portfolio in one place.
The bottom line on IVE
IVE gives you the value slice of the S&P 500 in one low-cost fund. At 0.18% it is pricier than VTV (0.04%) and SPYV (0.04%), so cost-focused buyers often prefer those. Most investors use a value fund like IVE as a core or satellite tilt alongside a broad or growth position.
More on IVE
Whether IVE is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, concentration, and what would have to be true for it to outperform from here in is IVE a buy?
IVE yields ~1.7% as of mid-2026, paid by passing through the dividends of its underlying holdings. For the payout schedule, history, and how the distributions are taxed, see IVE dividend: yield and schedule.
Build a portfolio around IVE with Walnut
Use IVE as your core holding, then let Walnut's AI propose thematic satellites: AI infrastructure, dividend growth, clean energy, whatever you believe in. Connect your broker, build the basket in conversation, track it as one unit.
FAQ
What is IVE?
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IVE is the iShares S&P 500 Value ETF, run by BlackRock. It holds the roughly 440 stocks inside the S&P 500 that rank as value on book value, earnings, and sales. The result is a large-cap portfolio tilted toward financials, energy, healthcare, and consumer staples, at a 0.18% expense ratio.
Who issues IVE and what is the ticker?
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The ticker is IVE, trading on NYSE Arca. It is issued by BlackRock under the iShares brand, one of the largest ETF families in the world. IVE launched in May 2000, making it one of the longer-running style-tilt ETFs available.
What is the difference between IVE and IVW?
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IVE and IVW split the S&P 500 by style. IVE holds the value half (cheaper stocks on book value, earnings, and sales), while IVW holds the growth half (faster-growing names like large tech). Some stocks appear in both when they show mixed characteristics. Both charge 0.18%.
How does IVE compare to VTV?
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Both are large-cap value funds. IVE draws only from the S&P 500 and charges 0.18%. Vanguard's VTV pulls from a broader CRSP U.S. large-cap universe and charges 0.04%. VTV holds more names and costs less, while IVE stays strictly within the S&P 500 index membership.
How does IVE compare to SPYV?
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SPYV, the SPDR Portfolio S&P 500 Value ETF, tracks the same S&P 500 Value Index that IVE tracks but charges only 0.04% versus IVE's 0.18%. The holdings are nearly identical. Cost-focused buyers often pick SPYV, while IVE carries a longer track record and larger asset base.
What is inside IVE?
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IVE holds around 440 large-cap U.S. stocks screened for value. Top positions include Apple, Amazon, Exxon Mobil, Intel, Walmart, and Procter & Gamble. Sector exposure leans toward financials, energy, healthcare, industrials, and consumer staples, with less weight in high-growth technology than a broad S&P 500 fund.
What is the expense ratio of IVE?
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IVE charges 0.18% per year, or about $18 on a $10,000 position. That is competitive for a factor-tilt ETF but higher than the cheapest large-cap value options, VTV and SPYV, which both charge 0.04%. Over long holding periods that fee gap compounds.
Does IVE pay dividends?
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Yes. IVE distributes dividends quarterly, collected from the underlying value stocks. The yield has recently run around 1.7%, modestly above a broad S&P 500 fund because value names tend to pay higher dividends. The exact yield moves with prices and payouts.
How do I buy IVE?
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IVE trades like any stock. You can buy it on Robinhood, Fidelity, Schwab, or Public, often with fractional shares so you can invest a set dollar amount. You can also connect your broker to Walnut to track IVE inside a thematic basket alongside your other holdings.
How large is IVE?
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IVE manages roughly $49 billion in assets as of mid-2026, making it one of the larger style-tilt ETFs. Its size supports tight bid-ask spreads and deep daily trading volume, which keeps trading costs low for both small and large orders.
Is IVE a good investment?
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That depends on your goals, time horizon, and risk tolerance, and this is not investment advice. IVE offers cheap, diversified exposure to large-cap value stocks with a solid dividend. Value has led in some periods and lagged growth in others. Compare its 0.18% fee against VTV and SPYV before deciding.
When was IVE created?
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IVE launched in May 2000, one of the earliest style-tilt ETFs. Its long history means it has traded through the dot-com bust, the 2008 financial crisis, the 2020 selloff, and multiple value-versus-growth cycles, giving investors a lengthy real-world record to study.
Why does Apple show up in a value ETF?
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The S&P 500 Value Index can assign a stock partly to value and partly to growth when its metrics are mixed. Apple's size means even a partial value classification produces a large weight in IVE. This is why a value fund can still hold familiar mega-cap technology names.
Is IVE better for income than a broad S&P 500 fund?
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IVE tends to yield more than a plain S&P 500 fund because value stocks, especially in financials, energy, and staples, pay higher dividends. Recent yield has been around 1.7%. It is not a dedicated high-dividend fund, though, so pure income seekers may look at yield-focused ETFs instead.
How do I compare IVE to similar ETFs?
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Put a few fields side by side: the expense ratio (fees compound over decades), the index or strategy it tracks, the top holdings and how much they overlap with what you already own, the dividend yield, and the AUM, liquidity, and bid-ask spread that affect trading costs. For index funds, tracking error (how closely it follows its index) and tax efficiency matter too. IVE's figures are above; the full method is in Walnut's guide on how to compare ETFs.
Related ETFs
Walnut is informational, not investment advice. Holdings weights and fund statistics on this page are approximations stamped to mid-2026; verify current figures against BlackRock (iShares)'s fund page or your broker before investing.