VFIAX Vs. VOO: Index Fund Or ETF – Which  Is Better?

RADICALFIRE.COM

If you are looking for long-term investment options, you may consider VFIAX and VOO. They are very good options because they are likely to appreciate several years down the line.

VFIAX invests in 500 of the top-performing companies in the US that operate in different industries within  the economy.

VOO is an excellent find to invest in for the  long term because  your investments will  be secure.

VOO is tradable and is far more in circulation than VFIAX. VFIAX being a mutual fund, means that the pricing is updated once per day.

VFIAX has an expense ratio of 0.04% while VOO has 0.03%.

In terms of the minimum investment requirement, you need to have at least $3000 before investing in VFIAX. However, for VOO, there is no minimum investment.

Both offer their own set of advantages and disadvantages, and the deciding factor is you and your finances.