IVV

IVV is a passive equity ETF built to closely track the S&P 500, a float-adjusted, market-cap-weighted index covering roughly the large-cap slice of the U.S. stock market (about 80% of total U.S. public equity value). It uses representative sampling, meaning it may not own every S&P 500 stock, but it targets the same overall risk/return profile and industry mix, while aiming for low turnover and tight index tracking before fees.