Investment objective & strategy
As of April 22, 2025 · prospectusObjective. The investment objective of BlackRock S&P 500 Index V.I. Fund (the Fund) is to seek investment results that, before expenses, correspond to the aggregate price and yield performance of the Standard & Poors 500 Index (the S&P 500 or the Underlying Index).
Strategy. The Fund tries to match the performance of the S&P 500 as closely as possible before the deduction of Fund expenses. The S&P 500 is a market-weighted index composed of approximately 500 common stocks issued by large-capitalization U.S. companies in a wide range of businesses and which collectively represent a substantial portion of all common stocks publicly traded in the United States. A market-weighted index is an index in which the weighting of each security is based on its market capitalization. Under normal circumstances, the Fund invests at least 80% of its assets in the common stocks represented in the S&P 500 and in derivative instruments linked to the S&P 500. The Fund will generally invest substantially all of its … The Fund tries to match the performance of the S&P 500 as closely as possible before the deduction of Fund expenses. The S&P 500 is a market-weighted index composed of approximately 500 common stocks issued by large-capitalization U.S. companies in a wide range of businesses and which collectively represent a substantial portion of all common stocks publicly traded in the United States. A market-weighted index is an index in which the weighting of each security is based on its market capitalization. Under normal circumstances, the Fund invests at least 80% of its assets in the common stocks represented in the S&P 500 and in derivative instruments linked to the S&P 500. The Fund will generally invest substantially all of its assets in such common stocks and instruments. The Fund employs a passive approach that attempts to remain invested at all times in a portfolio of assets the performance of which is expected to match approximately that of the S&P 500.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $221.35M | 7.55% |
| APPLE INC | — | $194.61M | 6.64% |
| MICROSOFT CORP | — | $143.49M | 4.90% |
| AMAZON.COM INC | — | $106.26M | 3.63% |
| ALPHABET INC CL A | — | $87.44M | 2.98% |
| BROADCOM INC | — | $76.65M | 2.62% |
| ALPHABET INC CL C | — | $70.07M | 2.39% |
| META PLATFORMS INC CL A | — | $65.36M | 2.23% |
| TESLA INC | — | $54.48M | 1.86% |
| BERKSHIRE HATH-B | — | $45.83M | 1.56% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| iShares Core S&P 500 ETF · IVV | 99% | 0.03% |
| SPDR S&P 500 ETF TRUST | 99% | — |
| Deutsche DWS Equity 500 Index Portfolio | 99% | — |
Advisers
| Firm | Role |
|---|---|
| BlackRock Advisors, LLC | Adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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