I think I've figured it out, ivv in the USA, ivv on the ASXYou...

I think I've figured it out, ivv in the USA, ivv on the ASX

You take the ivv USA price divide that by 15 and use the FX AUD us$ rate to find the aud$ price of ivv ASX

in theory say ivv USA drops another 30% but the aud$ drops to us55c it would mean ivv ASX wouldn't fall as much as ivv USA because a falling aud$ would make ivv ASX higher and insulated any falls

what would be bad for ivv ASX is if the aud$ went up to us75c than ivv ASX would fall alot but I can't see that happening