AZL S&P 500 Index Fund
U.S. stock index fund · tracks Standard & Poor's 500 Index
As of its 2026 Q2 report, AZL S&P 500 Index Fund held 512 positions with $2.56B in net assets. Its ten largest holdings made up 36.2% of the fund. Its share classes cost 0.25%–0.5% a year. Over the 12 months to May 2026, it returned 29.5%, with dividends reinvested. In 2026 Q2 it added 10 new positions and exited 9.
The Fund seeks to match the total return of the Standard & Poors 500 Index (S&P 500 ).
The fund is managed by a subadviser that seeks to match the total return of the S&P 500 by normally investing in all 500 stocks in proportion to their index weightings, though it may use a representative sample of stocks or stock index futures when advantageous. The fund aims for a correlation of at least 0.95 with the index before expenses. Because the fund may hold a sample of index constituents rather than all 500 stocks, its performance may diverge from the index.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
7.48% | $191.36M | 956.4K | $200.09 | |
AAPLAPPLE INC. | 6.56% | $167.81M | 579.9K | $289.36 |
4.28% | $109.41M | 293.3K | $373.02 | |
AMZNAMAZON.COM, INC. | 3.60% | $92.13M | 386.5K | $238.34 |
GOOGLALPHABET INC. | 3.23% | $82.76M | 231.6K | $357.37 |
AVGOBROADCOM INC. | 2.76% | $70.62M | 187.0K | $377.75 |
GOOGALPHABET INC. | 2.58% | $65.97M | 186.7K | $353.33 |
2.01% | $51.40M | 44.5K | $1,154.29 | |
1.91% | $48.85M | 86.7K | $563.29 | |
TSLATESLA, INC. | 1.83% | $46.76M | 111.2K | $420.60 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 512 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.44% |
| Cash & short-term | 0.51% |
| Other | 0.00% |
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 37.8%
- Financials
- 11.7%
- Communication Services
- 9.6%
- Consumer Discretionary
- 9.3%
- 10 other sectors
- 31.6%
- Information Technology
- 37.8%
- Financials
- 11.7%
- Communication Services
- 9.6%
- Consumer Discretionary
- 9.3%
- Industrials
- 8.9%
- Health Care
- 8.8%
- Consumer Staples
- 4.5%
- Energy
- 3.0%
- Utilities
- 2.2%
- Real Estate
- 1.8%
- Materials
- 1.8%
- Cash
- 0.5%
- International
- 0.0%
- Other
- 0.0%
How it has done
C000048319 share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.12%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
AZL S&P 500 Index Fund is a U.S. equity index fund that tracks the Standard & Poor's 500 Index. 21% of AZL S&P 500 Index Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.25% – 0.50%
- Portfolio turnover
- 4.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
10 new· the largest 8
9 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
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