The most popular ETF S & P 500 is the primary Stock market index in the US market which has become the benchmark to decide whether the market is up or down in the stock market. Like S & P, Vanguard S & P 500 ETF is another trusted and reliable platform for investment in the stock market as these two are the major influencers of the market.
Both platform professionally manages man-guided portfolios rather than a robo advisor.
When it comes to knowing which will give you more return while desiring to invest in the stock market.
This comprehensive guide will provide you with all about voo vs spy, that you need to know about it. So, let’s get into it.
Know About VOO vs SPY
The investors wish to explore before picking the one to invest in the stock market and sh
Let’s have a look at spy vs voo,
The two leading ETFs Vanguard S&P 500 and SPDR, S&P 500 ETF plays a vital role in the investment industry. So, there is something that you need to figure out before planning to invest in one of the major ETFs as both have affordable options.
- Security: Both are ETFs that mean birth are purchased and sold with one another on the open market at any working hours when the exchange opens. When it comes to providing you with more security, VOO is more flexible security as compared to S &P 500 which is a traditional open-end mutual fund which will be available to buy or sell once in a day after the market is closed.
- Issuer Company: It is said that Vanguard Group of Mutual Funds is the developer of Vanguard S & P 500 ETF and is currently operated by Vanguard Equity Index Group. On the other hand, SPDR S & P ETF is controlled by State Street Global Advisors.
- Composition: Both of the ETFs are the main components of the S&P 500 indexes that hold similar securities to the S&P 500 with very less differences in the actual securities. For instance, the SPY held 505 securities on 30 September 2022, and the VOO held just 503 securities on that specific date.
When it comes to comparing the spy vs voo, there are very minor discrepancies noticed in the functionality of both of them in terms of Investment options.
The composition of both ETFs is almost the same, with very little variation in their top ten holdings, as the VOO’s portfolio comprises of top ten holdings of 28.6%, While SPY’s top ten holdings comprise of 28.79%.
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