Equity

WFSPX

iShares S&P 500 Index Fund

Overview

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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

Record Date Ex-Date Payable Date
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  1y 3y 5y 10y
-10.64 10.59 11.29 12.91
Benchmark (%) -10.62 10.60 11.31 12.96
Morningstar Category Avg. (%) -6.33 11.56 11.16 12.43
Morningstar Ranking 474/1339 219/1218 159/1102 92/809
Morningstar Quartile 2 1 1 1
Lipper Category Avg. (%) -11.03 10.12 10.83 12.39
Lipper Ranking 8/115 7/111 6/109 7/87
Lipper Quartile 1 1 1 1
  YTD 1m 3m 1y 3y 5y 10y
-19.96 -8.26 -16.10 -10.64 35.24 70.73 236.65
Benchmark (%) -19.96 -8.25 -16.10 -10.62 35.29 70.86 238.16
Morningstar Category Avg. (%) -12.73 8.10 -0.23 -6.33 30.01 59.36 200.37
Lipper Category Avg. (%) -20.16 -8.30 -16.21 -11.03 33.55 67.26 221.90
  2017 2018 2019 2020 2021
Total Return (%) 21.78 -4.38 31.43 18.42 28.65
Benchmark (%) 21.83 -4.38 31.49 18.40 28.71
Morningstar Category Avg. (%) 20.44 -6.27 28.78 15.83 26.07
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Net Assets as of Aug 08, 2022 $11,324,723,003
Net Assets of Fund as of Aug 08, 2022 $31,017,012,652
Share Class launch date Jul 31, 1993
Asset Class Equity
Benchmark Index S&P 500 Index
Distribution Frequency Quarterly
Morningstar Category Large Blend
Lipper Classification S&P 500 Index Funds
CUSIP 066922204
Max Offer Price as of Aug 08, 2022 $486.14
Open to New Investors Yes
Turnover Percent in the Annual Report 6%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Jul 29, 2022 504
P/E Ratio as of Jul 29, 2022 19.96
P/B Ratio as of Jul 29, 2022 3.85
Alpha (3y) as of Jul 31, 2022 0.00
Average Market Cap (Millions) as of Jul 29, 2022 $ 562,981.2 M
R-Squared (3y) as of Jul 31, 2022 100.00
Fund Standard Deviation (3y) as of Jul 31, 2022 19.21
Beta (3y) as of Jul 31, 2022 1.00
Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 20.51%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -19.54%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund. Learn more


This fund does not seek to follow a sustainable, impact or ESG investment strategy. The metrics do not change the fund’s investment objective or constrain the fund’s investable universe, and there is no indication that a sustainable, impact or ESG investment strategy will be adopted by the fund. For more information regarding the fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of Jul 21, 2022 AA
MSCI ESG % Coverage as of Jul 21, 2022 99.45%
MSCI ESG Quality Score (0-10) as of Jul 21, 2022 8.3
MSCI ESG Quality Score - Peer Percentile as of Jul 21, 2022 52.83%
Fund Lipper Global Classification as of Jul 21, 2022 Equity US
Funds in Peer Group as of Jul 21, 2022 3,468
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Jul 21, 2022 131.55
MSCI Weighted Average Carbon Intensity % Coverage as of Jul 21, 2022 98.91%
MSCI Implied Temperature Rise (0-3.0+ °C) as of Jul 21, 2022 > 2.5° - 3.0° C
MSCI Implied Temperature Rise % Coverage as of Jul 21, 2022 98.89%

What is the Implied Temperature Rise (ITR) metric? Learn what the metric means, how it is calculated, and about the assumptions and limitations for this forward-looking climate-related metric.

Climate change is one of the greatest challenges in human history and will have profound implications for investors. To address climate change, many of the world's major countries have signed the Paris Agreement. The temperature goal of the Paris Agreement is to limit global warming to well below 2°C above pre-industrial levels, and ideally 1.5 °C, which will help us avoid the most severe impacts of climate change.


What is the ITR metric?

The ITR metric is used to provide an indication of alignment to the temperature goal of the Paris Agreement for a company or a portfolio. Scientific consensus suggests that reducing emissions until they reach net zero around mid-century (2050-2070) is how this goal could be met. A net zero emissions economy is one that balances emissions and removals.


How is the ITR metric calculated?

The ITR metric is calculated by looking at the current emissions intensity of companies within the fund's portfolio as well as the potential for those companies to reduce its emissions over time. If emissions in the global economy followed the same trend as the emissions of companies within the fund's portfolio, global temperatures would ultimately rise within this band.


Note, only corporate issuers are covered within the calculation. A summary explanation of MSCI’s methodology and assumptions for its ITR metric can be found here.


Because the ITR metric is calculated in part by considering the potential for a company within the fund’s portfolio to reduce its emissions over time, it is forward-looking and prone to limitations. As a result, BlackRock publishes MSCI’s ITR metric for its funds in temperature range bands. The bands help to underscore the underlying uncertainty in the calculations and the variability of the metric.

Thermometer-style chart of yellow to red temperature bands showing an investment’s position relative to the Paris Agreement temperature goals. Metric data source MSCI

What are the key assumptions and limitations of the ITR metric?

This forward-looking metric is calculated based on a model, which is dependent upon multiple assumptions. Also, there are limitations with the data inputs to the model. Importantly, an ITR metric may vary meaningfully across data providers for a variety of reasons due to methodological choices (e.g., differences in time horizons, the scope(s) of emissions included and portfolio aggregation calculations).

There is not a universally accepted way to calculate an ITR. There is not a universally agreed upon set of inputs for the calculation. At present, availability of input data varies across asset classes and markets. To the extent that data becomes more readily available and more accurate over time, we expect that ITR metric methodologies will evolve and may result in different outputs. Where data is not available, and / or if data changes, the estimation methods vary, particularly those related to a company’s future emissions.


The ITR metric estimates a fund’s alignment with the Paris Agreement temperature goal. However, there is no guarantee that these estimates will be reached. The ITR metric is not a real time estimate and may change over time, therefore it is prone to variance and may not always reflect a current estimate.


The ITR metric is not an indication or estimate of a fund’s performance or risk. Investors should not rely on this metric when making an investment decision and instead should refer to a fund’s prospectus and governing documents. This estimate and the associated information is not intended as a recommendation to invest in any fund, nor is it intended to indicate any correlation between a fund’s ITR metric and its future investment performance.

All data is from MSCI ESG Fund Ratings as of Jul 21, 2022, based on holdings as of Jan 31, 2022. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch.

Fees

Fees

Gross Expense Ratio 0.03%
Net Expense Ratio 0.03%

Net Expense Ratio excluding Investment Related Expenses is 0.03%

  • Acquired Fund Fees and Expenses 0.00%
  • Interest expense 0.00%

The Administration Fee for Class G Shares of the Fund is 0.0025%. The Total Annual Fund Operating Expenses and the Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements is 0.0125%.

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for iShares S&P 500 Index Fund, Class K, as of Jul 31, 2022 rated against 1232 Large Blend Funds based on risk adjusted total return.

Lipper Leader

 
 
 
 
 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Jul 31, 2022 out of 112, 12,360, 112, 64 and 112 Funds, respectively in Lipper's S&P 500 Index Funds classification.

Morningstar Analyst Rating

Morningstar Analyst Rating - Gold
Morningstar has awarded the Fund a Gold medal, its highest level of conviction. (Effective Feb 22, 2022)

Holdings

Holdings

as of Jul 29, 2022
Name Weight (%)
APPLE INC 7.10
MICROSOFT CORPORATION 5.96
ALPHABET INC 3.81
AMAZON.COM INC 3.35
TESLA INC 2.12
Name Weight (%)
BERKSHIRE HATHAWAY INC 1.54
UNITEDHEALTH GROUP INC 1.45
JOHNSON & JOHNSON 1.30
NVIDIA CORPORATION 1.29
EXXON MOBIL CORP 1.16

Exposure Breakdowns

Exposure Breakdowns

as of Jul 29, 2022

% of Market Value

Type Fund Benchmark Net
as of Jul 29, 2022

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Paul Whitehead
Paul Whitehead
Suzanne Henige
Suzanne Henige
Jennifer Hsui
Jennifer Hsui
Amy Whitelaw
Head of Americas iShares Equity Portfolio Management

  

Portfolio Manager

Literature

Literature

 

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