IOO vs IVV
iShares Global 100 ETF against iShares S&P 500 ETF
IVV costs $36 less in the first year on $10,000 than IOO.
The fee on the average balance over the year, plus half the average spread on everything bought. Brokerage is your broker's, so it isn't counted.
Cost a year at every amount
Each fund's management fee and half its average spread, on every amount from $1,000 to $1,000,000; the dashed line is your amount. The gap grows with the amount because both are percentages.
As of the ASX's September 2026 report, IOO charges a management fee of 0.4% a year and IVV 0.04%; with half the average spread on buying, that's $41 against $5 in the first year on $10,000. Figures from the ASX's Investment Products report for September 2026. Each row says which figure is lower or higher; it doesn't say which fund suits you.