iShares ISO ETF (ASX:ISO)
The iShares ISO ETF provides exposure to 200 small cap Australian shares. This is a low-cost way to access small Australian companies through a single fund.
What does the ISO invest in?
The ISO ETF aims to track the performance of the S&P/ASX Small Ordinaries Accumulation Index, which is made up of companies included in the ASX 300 index but not the ASX 100 index. ISO moves away from shares of the largest companies on the ASX and instead holds companies numbered 101 to 300 by market capitalisation (a measure of company size). You could buy all of these companies yourself using a share brokerage account, but that would be a very expensive and time-consuming process.
What do investors use ISO for?
The iShares ISO ETF could be used by investors to get exposure to a broad basket of smaller Australian listed companies, which are likely to grow their profits over time. Navigating away from the largest ASX companies removes a lot of the exposure to the financial sector and could diversify your Australian portfolio allocation.
Best ETFs warnings
The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.
Looking for something better?
This brilliant (and free!) report is issued by Best ETFs Australia, a division of The Rask Group Pty Ltd. It is not a recommendation.
Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).