Because over 25x as many shares of SPY trade each day, the average bid/ask spread is generally smaller with SPY, but the difference should be limited due to the still large enough market to keep IVV's average spread as low as 0.01 percent. [])-[])).
SPY is the largest ETF, but its expenses are over double that of IVV and over triple VOO's fees, while they are also S&P 500 ETFs. But VOO and IVV should have a 0.05% higher annual growth rate compared to SPY because of the lower expense ratio. Marijuana is often referred to as weed, MJ, herb, cannabis and other slang terms. Retirement Portfolio Redux: Is the 60%-40% Portfolio Dead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

The most important difference is the expense ratio, since VOO and IVV are slightly cheaper than SPY and should have a 0.05% higher compound annual growth rate. And while these three ETFs are largely similar and all exhibit a near perfect correlation with the underlying index, they aren’t quite identical; some structural nuances differentiate each of these products (we cover this topic in detail below): Thanks to the ongoing evolution of the ETF industry, investors now have a variety of instruments at their fingertips which give them the flexibility to access the popular S&P 500 benchmark with a twist: VSPY: This ETF takes a quantitative, rules-based approach to shifting exposure between the S&P 500 Index and cash depending on home volatile markets have been recently. SPY has much higher trading volume, but with such tight spreads, only large investors and high-speed traders should need that liquidity.
Between the bear market lows in March 2009 (3/9/2009) and the end of that year, for example, SPY gained about 67.4%. In my opinion, the deviations in the market value of these two ETFs can be used as a clear indication on which ETF investors should be buying if they are investing with a time frame of a few years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erhaps most importantly, the open-end structure allows for the immediate reinvestment of dividends, potentially resulting in enhanced returns during bull markets. Will the outflows be as orderly? I don’t know why it has a higher reported dividend yield than SPY or VOO, but this seems to be some kind of error in the way the yield is measured. Moreover, given the strong recent appreciation and repetitive testing of these levels, it is reasonable to presume the market will remain weak in the near term and may retest lower support levels. Apple has a near 4% weight within the index. This difference is significant enough that VOO is likely the best option for long-term investors that do not plan to sell covered calls, presuming all other factors are equal. This process is automatic. Stocks vs. Bonds: Differences and Similarities.

All of these S&P 500 ETFs share the same holdings and general market risks. Despite being a low fee ETF, SPY's 0.0945% gross expense ratio is over double to triple that of the other two. +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])-[])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]))/+((!+[]+(!![])+!![]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![]+!![]+!!

There are many ways to get exposure to the S&P 500, and even several ETFs that directly track the index. Of the three S&P 500 ETFs being discussed here, it has the highest fees. If you are an active trader or options trader, choose SPY. For example, Fidelity has its 500 Index Fund (FXIAX) and the Zero Large Cap Index Fund (MUTF:FNILX), both of which have lower fees than any ETF (respectively 0.015% and 0.0%). For investors employing somewhat complex strategies that include options, these restrictions ensure that SPY will replicate the benchmark with near-perfect precision–reliability that investors utilizing derivatives demand. This means that even most professional stock pickers are unable to get higher returns than this popular index.

Returns between the two ETFs have an extremely high correlation, over 99.9%. VOO maintains another unique structure that differentiates it from both IVV and SPY. Much like was the case for IVV, VOO's lower trading volume means that it may have wider spreads and worse pricing than SPY in some instances, but it still maintains a 0.01% average spread.