When it comes to investing in the S&P 500, two popular options are VOO and SPY ETFs. Both VOO and SPY track the performance of the S&P 500 index, making them a convenient way for investors to diversify their portfolios.
VOO, also known as the Vanguard S&P 500 ETF, has a slightly lower expense ratio compared to SPY. This means that investors may pay less in fees when investing in VOO. On the other hand, SPY, or the SPDR S&P 500 ETF, is known for its high liquidity and trading volume, making it a popular choice among traders.
While both VOO and SPY offer exposure to the same companies within the S&P 500 index, there may be slight differences in performance due to factors such as tracking error and expense ratios. Investors should consider their investment goals and preferences when choosing between VOO and SPY. Ultimately, both ETFs provide a convenient way to invest in a diversified portfolio of large-cap U.S. companies.