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Markets · Investing · Business
Finance
Better S&P 500 ETF: VOO vs. SPY
The margins between these two iconic stock market funds are razor-thin, but one does make more sense for most investors.
The S&P 500 makes investing simple. The famous stock market index offers instant exposure to roughly 500 of America's biggest public companies. Because the S&P 500 is an index, you can't invest in it directly, but you can buy shares of the exchange-traded funds (ETFs) that track it.
Does it really matter which S&P 500 ETF you buy? It can.
Details
The Vanguard S&P 500 ETF(NYSEMKT: VOO) and the SPDR S&P 500 ETF Trust(NYSEMKT: SPY) are two of the most popular choices, and might be the two most famous stock market ETFs of all. Although they are very similar, there are some differences between the two that can steer investors toward one or the other.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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