VOO Vs. SPY: A Comparison Of Two S&P 500 ETFs
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What is a good investment strategy? Let’s check out VOO vs. SPY and which one best suits your investment needs.
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VOO uses an index investment approach of the S&P 500, a benchmark that is well recognized in the US.
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SPY is one of the most liquid ETFs, is easy to trade, and has one of the lowest trading costs in the industry at 0.09%.
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Both ETFs perform closely to the benchmark, even though VOO has a slightly better performance.
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The expense ratio of VOO is lower at 0.03% than that of SPY at 0.9%.
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The corporate structure of VOO is stronger. This makes it a good buy for many investors. On the other hand, the two funds are very similar and, therefore, have identical performance.
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The bottom line is that these investment strategies can be beneficial for your financial goals and even for your retirement accounts.
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