iShares Global 100 AUD ETF (ASX: IOO) closed at $190.14 on Tuesday, down 0.25% for the day.
ASX IOO provides exposure to the 100 largest companies in the world.
IOO ETF is an index-tracking ETF that seeks to mirror the performance of the S&P Global 100 Index, before fees.
Needless to say, it has a heavy skew to US shares (80%), given many of the world's most successful companies are based there.
The next biggest geographic exposures are the United Kingdom (4%), Germany (3.5%), Switzerland (3%), France (2.5%), Japan (2%), and China (1.5%).
From a sector point of view, the biggest exposures are technology 45%, financials 10.5%, consumer discretionary 9.6%, healthcare 8.6%, and communications 7.6%.
The top 10 holdings are Nvidia (13.5%), Apple (11%), Microsoft (10.5%), Amazon (6.5%), semiconductor and infrastructure software company Broadcom (4.7%), Alphabet Class A (4.5%) and Class C (3.6%), America's biggest bank, JPMorgan Chase & Co (2.3%), Mounjaro maker Eli Lilly (2%) and Chinese entertainment conglomerate, TenCent Holdings (1.4%).
Like many diversified international share ETFs, the IOO has benefited from the incredible three-year run for US shares.
Since its inception in December 2000, the IOO ETF has returned an annual average of 7.17%, but its three-year average annual return is a much more impressive 28%.
Let's see how that translates from a $10,000 investment a year ago.
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What is $10,000 in IOO ETF a year ago worth now?
On 4 November 2024, IOO closed at $147.77 apiece.
If you had put $10,000 into IOO ETF then, it would have bought you 67 units (for $9,900.59).
There's been capital growth of $42.37 per unit since then, which means $2,838.79 in dollar terms.
IOO ETF also pays dividends (called distributions with ETFs) twice per year.
Since 4 November 2024, IOO has paid just under $1.15 per unit in distributions.
This means you would have received $77.05 in dividend income over the past 12 months.
Your capital gain of $2,838.79 plus your distributions of $77.05 gives you a total return in dollar terms of $2,915.84.
To recap, you invested $9,900.59 buying your 67 units of IOO ETF on 4 November 2024.
This means you have received a total return, in percentage terms, of 29.45% in just 12 months.
Today, your IOO units are worth $12,739.38 (with $77.05 in distributions paid into your bank account).
The iShares Global 100 AUD ETF has a management expense ratio (MER) of 0.4%.
