iShares S&P 500 Index K

Frequently Asked Questions About WFSPX

What does WFSPX invest in?

This fund operates as a "feeder" vehicle, channeling all its capital into the Master Portfolio managed by MIP. This Master Portfolio maintains an investment objective and strategic approach identical to that of the feeder fund itself. Its primary aim is to replicate the performance of the S&P 500 Index, dedicating a minimum of 90% of its total value to the constituent securities of that index. Moreover, the portfolio's allocation to each individual stock is designed to approximate its weighting within the S&P 500.

What is the expense ratio of WFSPX?

iShares S&P 500 Index K (WFSPX) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

How big is WFSPX?

iShares S&P 500 Index K (WFSPX) manages $61.15B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is WFSPX actively managed or an index fund?

WFSPX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (WFSPX's is 0.03%) because there's no security selection cost.

When was WFSPX launched?

iShares S&P 500 Index K (WFSPX) launched in July 1993 and is managed by BlackRock.

How has WFSPX performed?

WFSPX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.