ETF in Focus: iShares Core S&P/ASX 200 ETF (IOZ)
CommSec
5 May 2026
IOZ is an Exchange‑Traded Fund (ETF) managed by BlackRock Australia. The fund provides exposure to the ASX 200 Index, which includes the largest companies listed on the Australian Stock Exchange (ASX). The index is heavily weighted towards financial and materials sectors.
Domestic diversification
For many Australian investors, local shares form the foundation of their portfolio. However, picking individual stocks can take time and confidence. A broad‑based ETF like IOZ offers exposure to Australia’s largest companies in one trade.
IOZ, managed by BlackRock Australia, could provide investors access to the 200 largest ASX‑listed companies, spanning key sectors such as financials, materials, healthcare and consumer stocks.
What IOZ aims to do
IOZ is intended to track the performance of the S&P/ASX 200 Accumulation Index, before fees and expenses, by holding shares in companies according to their index weight. The fund invests across a range of sectors and companies and seeks to reflect changes in the index over time.
Why some investors consider IOZ
- Broad Australian equity exposure: The fund covers companies across financials, resources, healthcare, consumer goods, and other key sectors represented in the S&P/ASX 200 Index.
- Large cap focus: Holdings are concentrated in Australia’s largest listed companies by market capitalisation, meaning performance can be influenced by the largest companies in the market.
- Single trade market access: Exposure to a wide range of Australian shares can be achieved through one ASX trade, without needing to research individual holdings.
- Index tracking approach: The fund follows a passive investment strategy, aiming to closely track its benchmark rather than outperform it.
