SP500 0.42% 2,806.7 standard & poor's 500

so how do you calculate the price of IVV that's supposed to...

  1. 6,881 Posts.
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    so how do you calculate the price of IVV that's supposed to track the SP500?
    IVV never seems to track SP500 exactly, is it all down to the AUD$ US$ exchange rate?

    if the AUD$ falls to 65c IVV would go up?
    if the AUD$ went up to 75cUS IVV would fall right?

    what price should IVV be when it starts trading again, I worked out based on AUD$ 0.705 and SP500 at US$235.10 should be around AUD$334 right?
 
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