AZL S&P 500 Index Fund
Allianz Variable Insurance Products Trust
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
As filed in the prospectus · 2026 Q2
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.
| Share class | Expense ratio |
|---|---|
| C000048319 | 0.25% |
| C000048320 | 0.50% |
Portfolio turnover 4.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.44% |
| Cash & short-term | 0.51% |
| Other | 0.00% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 37.8% |
| Financials | 11.7% |
| Communication Services | 9.6% |
| Consumer Discretionary | 9.3% |
| 10 smaller | 31.6% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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.
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
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA CORPORATIONNVDA | 7.48% | $200.09 | $191.36M | 956.4K |
| AAPL | APPLE INC.AAPL | 6.56% | $289.36 | $167.81M | 579.9K |
| MSFT | MICROSOFT CORPORATIONMSFT | 4.28% | $373.02 | $109.41M | 293.3K |
| AMZN | AMAZON.COM, INC.AMZN | 3.60% | $238.34 | $92.13M | 386.5K |
| GOOGL | ALPHABET INC.GOOGL | 3.23% | $357.37 | $82.76M | 231.6K |
| AVGO | BROADCOM INC.AVGO | 2.76% | $377.75 | $70.62M | 187.0K |
| GOOG | ALPHABET INC.GOOG | 2.58% | $353.33 | $65.97M | 186.7K |
| MU | MICRON TECHNOLOGY, INC.MU | 2.01% | $1,154.29 | $51.40M | 44.5K |
| META | META PLATFORMS, INC.META | 1.91% | $563.29 | $48.85M | 86.7K |
| TSLA | TESLA, INC.TSLA | 1.83% | $420.60 | $46.76M | 111.2K |
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.
Top 10 positions are 36.22% of net assets, top 25 50.90%, across 509 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free