iShares ETFs cover a broad range of asset classes, risk profiles and investment outcomes. To understand the appropriateness of this fund for your investment objective, please visit our product webpage.
iShares Nasdaq Top 30 ETF (ITEK)
https://www.blackrock.com/au/products/328189/
This product is likely to be appropriate for a consumer:
• who is seeking capital growth
• using the product for a minor component of their portfolio or less
• with a minimum investment timeframe of 5 years, and
• with a high to very high risk/return profile
iShares S&P 500 ETF (IVV)
https://www.blackrock.com/au/products/275304/
This product is likely to be appropriate for a consumer:
• who is seeking capital growth
• using the product for a core component of their portfolio or less
• with a minimum investment timeframe of 5 years, and
• with a medium to high risk/return profile
iShares US Factor Rotation Active ETF (IACT)
https://www.blackrock.com/au/products/343627/
This product is likely to be appropriate for a consumer:
• who is seeking capital growth and/or income distribution
• using the product for a core component of their portfolio or less
• with a minimum investment timeframe of 5 years, and
• with a high to very high risk/return profile
Own the world’s biggest companies
Why invest in US equities?
The US is the world’s largest economy, and its share market includes many of the world’s most profitable and influential companies. Over the past decade, US equities have materially outperformed Australian shares, driven by stronger earnings growth and higher exposure to sectors like technology and healthcare.
Growth of $10,000 over 10 years: S&P 500 vs ASX 200 Index

Source: S&P Dow Jones Indices, based on price returns of S&P 500 and ASX 200 Index in Australian dollar terms from 26 May 2016-26 May 2026. Past performance is not a reliable indicator of future results. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index.
Importantly, the composition of the US market looks very different to the themes and companies Australian investors are typically exposed to at home. While the ASX is heavily weighted toward banks and mining companies, the US market provides broader access to industries driving structural global growth — including artificial intelligence, semiconductors, software and digital consumer platforms.
This difference has become even more important in recent years as US megacap technology companies have increasingly dominated global market performance. Companies such as Microsoft, Apple and NVIDIA1 - the world’s three largest companies by market cap2 - have benefited from accelerating investment in AI infrastructure, cloud computing and digital transformation. Looking ahead, we expect these trends to continue shaping equity market leadership over the medium term, with projected annual earnings growth for US equities around double that of Australian shares in 2026 and 20273.
Why use ETFs for US investing?
ETFs can help investors access US equities in a simple, transparent and cost-efficient way. Rather than selecting individual shares, investors can gain diversified exposure to hundreds of companies through a single ASX-listed investment.
While Australian equities remain an important source of income and diversification, global equities — particularly US shares — continue to play a growing role in portfolio construction, with the US market now representing around 72% of the benchmark MSCI World Index4.
As structural growth themes become increasingly concentrated in global technology and innovation leaders, many investors are looking beyond domestic markets to access a broader set of opportunities.
Three long-term growth themes powered by US innovation

*Securities mentioned are within the top 10 holdings of the iShares Nasdaq Top 30 ETF as of 28 May 2026. Portfolio holdings are subject to change. The specific securities identified and described do not represent all of the securities purchased or sold, and no assumptions should be made that they were or will be profitable. For illustrative purposes only. This is not a recommendation to invest in any particular financial product.
Using iShares ETFs, investors can build diversified portfolios that combine local and international exposures in a simple and scalable way — helping them stay invested in the trends shaping the future global economy.
Access US shares through iShares ETFs
Targeted access to US technology leadership
The iShares Nasdaq Top 30 ETF (ITEK) provides concentrated exposure to the largest companies listed on the Nasdaq, including businesses at the centre of the AI and digital economy themes. Investors increasingly use Nasdaq-focused ETFs to gain targeted access to sectors such as semiconductors, cloud computing, software and next-generation technology platforms.
Broad US equity exposure
The iShares S&P 500 ETF (IVV) tracks the S&P 500 Index, providing exposure to 500 leading US companies in a single trade. IVV includes many of the world’s largest technology and growth businesses, making it one of the most widely used ETFs for accessing the US market.5
For investors looking to reduce currency volatility, the iShares S&P 500 AUD Hedged ETF (IHVV) offers similar exposure with currency hedging back to Australian dollars.