ASX IVV tops the list of most bought ETFs in 2H FY25

IVV was the most popular ASX ETF in the second half of FY25, according to trading data from Stake.

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Key points

  • The iShares S&P 500 ETF (ASX: IVV), which tracks the S&P 500 Index, comprising the 500 largest companies in the US, is on a strong run due to AI hype and expectations of lower interest rates. 
  • IVV ETF was the most bought exchange-traded fund among clients of online trading platform, Stake, over the six months ending 30 June 2025. 
  • The second-most bought ETF was Vanguard Australian Shares Index ETF (ASX: VAS), which tracks the S&P/ASX 300 Index, covering the 300 largest Australian companies, and the largest ASX ETF by market capitalisation.

iShares S&P 500 AUD ETF (ASX: IVV) hit a fresh all-time high of $69.87 per unit on Tuesday morning.

The IVV exchange-traded fund (ETF) is experiencing a strong run in 2025 amid the US market continuing to climb. 

The key drivers powering the US market include global hype over artificial intelligence (AI) and expectations of lower interest rates, given the weakening jobs market. 

Online trading platform provider, Stake, says IVV ETF was the most bought ASX ETF among its Australian clients in the six months ending 30 June.

Remember, that period included a dramatic fall in stock values in April after US President Donald Trump revealed his administration's reciprocal tariffs on trading partners.

Stake has revealed the top 5 ASX ETFs purchased by its customers in 2H FY25 in its newly-released Ambition Report.

Here they are.

iShares S&P 500 ETF (ASX: IVV)

The ASX IVV tracks the US benchmark index, the S&P 500 Index (SP: .INX). 

That's the 500 largest companies listed in the US, lead by Nvidia Corporation (NASDAQ: NVDA), Apple Inc (NASDAQ: AAPL), Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc (NASDAQ: AMZN), and Broadcom Inc (NASDAQ: AVGO).

Vanguard Australian Shares Index ETF (ASX: VAS)

The ASX VAS tracks the S&P/ASX 300 Index (ASX: XKO), which is the 300 largest companies listed on the Australian stock exchange. 

The top holdings are Commonwealth Bank of Australia (ASX: CBA), BHP Group Ltd (ASX: BHP), National Australia Bank Ltd (ASX: NAB), Westpac Banking Corporation (ASX: WBC), and Wesfarmers Ltd (ASX: WES).

VAS ETF is the largest exchange-traded fund on the Australian share market by market capitalisation.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

VGS ETF tracks 1,281 companies making up the MSCI World ex-Australia (with net dividends reinvested) in Australian dollars Index.

VGS is the biggest ETF holding diversified international shares on the Australian share market.

Betashares NASDAQ 100 ETF (ASX: NDQ)

ASX NDQ tracks the NASDAQ-100 Index (NASDAQ: NDX).

The NASDAQ 100 represents the 100 largest companies listed on the tech-heavy NASDAQ index in the US. 

Betashares Diversified All Growth ETF (ASX: DHHF)

Betashares says the DHHF ETF is designed to be an "all-in-one investment solution". 

It provides exposure to approximately 8,000 shares listed on a wide range of international exchanges. 

Betashares has built the fund using a passive blend of cost-effective ETFs traded on the ASX and other global exchanges.

The ratio of ASX shares to international shares is 37:63. 

Motley Fool contributor Bronwyn Allen has positions in BHP Group, Vanguard Msci Index International Shares ETF, and iShares S&P 500 ETF. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Amazon, Apple, BetaShares Nasdaq 100 ETF, Microsoft, Nvidia, Wesfarmers, and iShares S&P 500 ETF. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Broadcom and has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Amazon, Apple, BHP Group, Microsoft, Nvidia, Vanguard Msci Index International Shares ETF, Wesfarmers, and iShares S&P 500 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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