So IVV closed at $757.65 yesterday—nice little 2.57% pop over the week, but who’s surprised? The tape’s been handing out participation trophies like candy. Meanwhile, the monthly and quarterly numbers are still nursing losses, down -3.06% and -3.05% respectively. Headlines love a rally, but until we see follow-through beyond the noise, I’m staying sector-neutral. The stumble over the last few months isn’t forgotten, and I’m not doubling down on hope. Small positions, tight stops—because the market’s got a habit of reversing without warning.

IVV closed at 768.69 on 2026-10-26, down just 0.17% for the week. The 3M return of +3.55% keeps the macro thesis alive—broad exposure still the underdog’s friend. Watching rate signals next.

IVV’s 3M gain of 3.55% keeps it in step with the S&P’s slow-grind recovery. As the dollar softens and rates pause, the broad basket is the underdog macro play: no single stock’s noise, just the cycle’s quiet lift.