Saturday, April 20, 2024

Why is spy more popular than voo?

  • This topic has 0 replies, 1 voice, and was last updated 2 months ago by moneyflow.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #16045
    moneyflow
    Participant

    For people who want to grow their money over the long term and don’t mind a little day-to-day and year-to-year volatility, S&P 500 index funds are generally regarded as being good long-term investments. Investors must select a proxy investment because they cannot directly purchase the S&P 500 index.VOO and SPY are two of the most well-known of the several classic open-end and more contemporary exchange-traded funds that follow the performance of the S&P 500. However, given that both may often be bought and traded on a public exchange for no commission, the main difference between the two is caused by SPY’s higher expenditure ratio and VOO’s marginally better long-term performance.
    This is the main reason why is spy more popular than voo

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.