What is the best ETF that tracks the S&P 500? (2024)

What is the best ETF that tracks the S&P 500?

Our recommendation for the best S&P 500 ETF is the iShares Core S&P 500 ETF due to its ultralow fees, minimal tracking error, strong trading volume and robust assets under management. IVV offers the best value proposition if you're a long-term buy-and-hold investor who isn't looking to trade daily or utilize options.

Why is SPY more popular than VOO?

Almahasneh: The main reason comes down to—and I cover a lot of passive index funds—a lot of the differences in ratings, they come down to the difference in fees. VOO charges 3 basis points, while SPY charges 9 basis points. Both are very low cost compared to the average ETF in the US market.

What are the top 5 ETFs to buy?

7 Best ETFs to Buy Now
ETFAssets Under ManagementExpense Ratio
Vanguard Information Technology ETF (VGT)$70 billion0.10%
VanEck Semiconductor ETF (SMH)$16.3 billion0.35%
Invesco S&P MidCap Momentum ETF (XMMO)$1.6 billion0.34%
SPDR S&P Homebuilders ETF (XHB)$1.8 billion0.35%
3 more rows
Apr 3, 2024

What is the ETF with the highest return?

9 Best-Performing ETFs of 2024
  • Simplify Interest Rate Hedge ETF (PFIX)
  • VanEck Semiconductor ETF (SMH)
  • Amplify U.S. Alternative Harvest ETF (MJUS)
  • AdvisorShares Pure U.S. Cannabis ETF (MSOS)
  • YieldMax NVDA Option Income Strategy ETF (NVDY)
  • ProShares Bitcoin Strategy ETF (BITO)
  • Grayscale Bitcoin Trust (GBTC)
Feb 29, 2024

Is it smart to invest in VOO?

Vanguard S&P 500 ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VOO is a great option for investors seeking exposure to the Style Box - Large Cap Blend segment of the market.

What is the Vanguard ETF that follows the S&P 500?

VOO - Vanguard S&P 500 ETF.

What is Warren Buffett's favorite ETF?

Warren Buffett has long recommended the S&P 500 index fund and ETF, and through his holding company Berkshire Hathaway, he also owns two of these types of investments: the Vanguard S&P 500 ETF (NYSEMKT: VOO) and the SPDR S&P 500 ETF Trust (NYSEMKT: SPY).

Should I invest in VOO or QQQ?

First, VOO has a clear advantage in terms of expense ratio. VOO's expense ratio is 0.03% compared to 0.20% of QQQ, which is more than three times cheaper. Next is diversification. While both ETFs are well diversified, VOO is less concentrated in both industry and top 10 holdings.

Which is better SPDR or VOO?

VOO earns a top rating of Gold, while SPY earns the next best rating of Silver. Almahasneh says the reason is fees. VOO charges 0.03%, while SPY charges 0.09%. With all else equal, the fund with the lower fee is more aligned with investors' best interests.

Which ETF has the best 10 year return?

Best Performing ETFs Over the Last 10 Years
Ticker10-Year Performance
1GBTC12,115.7%
2SMH996.3%
3XLK544.5%
4IXN474.6%
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4 days ago

What are the top three ETFs?

Top U.S. market-cap index ETFs
Fund (ticker)YTD performanceExpense ratio
Vanguard S&P 500 ETF (VOO)10.4 percent0.03 percent
SPDR S&P 500 ETF Trust (SPY)10.4 percent0.095 percent
iShares Core S&P 500 ETF (IVV)10.4 percent0.03 percent
Invesco QQQ Trust (QQQ)8.6 percent0.20 percent

What is the safest ETF to invest in?

Funds 1-5
  1. Vanguard S&P 500 ETF (VOO -0.6%) ...
  2. Vanguard High Dividend Yield ETF (VYM -0.17%) ...
  3. Vanguard Real Estate ETF (VNQ -0.73%) ...
  4. iShares Core S&P Total U.S. Stock Market ETF (ITOT -0.61%) ...
  5. Consumer Staples Select Sector SPDR Fund (XLP 0.37%)

What ETF has 12% yield?

Top 100 Highest Dividend Yield ETFs
SymbolNameDividend Yield
SURISimplify Propel Opportunities ETF12.19%
SDIVGlobal X SuperDividend ETF12.12%
SPYINEOS S&P 500 High Income ETF12.07%
TYLGGlobal X Information Technology Covered Call & Growth ETF12.02%
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What's the best ETF to buy right now?

The best ETFs to buy now
Exchange-traded fund (ticker)Assets under managementExpenses
Vanguard 500 Index ETF (VOO)$431.7 billion0.03%
Vanguard Dividend Appreciation ETF (VIG)$78.2 billion0.06%
Vanguard U.S. Quality Factor ETF (VFQY)$324.3 million0.13%
SPDR Gold MiniShares (GLDM)$6.8 billion0.10%
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Which ETF performs the best?

Invesco QQQ Trust ETF (QQQ)

This fund is the top-performing large-cap growth fund in terms of total return over the 15 years to December 2023, according to Lipper. Expense ratio: 0.20 percent. That means every $10,000 invested would cost $20 annually.

Is S&P 500 better than VOO?

Both VOO and SPY are index funds based on the S&P 500. Stock holdings and sector allocations are nearly identical. Performance is also nearly identical, but the VOO has slightly outperformed the SPY over the long term. Both funds are easily available at popular investment brokers and through robo-advisors.

Is it better to buy VTI or VOO?

Both have the same expense ratio and similar dividend yield, so you should choose whichever one you prefer based on the fund's strategy. If you only want to own the biggest and safest companies, choose VOO. If you want broader exposure and more diversification, choose VTI.

Should I own both VOO and VTI?

Investor Preferences: VOO is ideal for those seeking alignment with the performance of large-cap companies in the S&P 500, while VTI suits investors looking for more comprehensive market exposure, including smaller companies with potential for growth.

What ETF doubles the S&P 500?

Direxion Daily S&P 500 Bull 2X Shares. The Direxion Daily S&P 500® Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the S&P 500® Index.

What is the lowest fee on the S&P 500 ETF?

S&P 500 ETF With the Lowest Fees: iShares Core S&P 500 ETF (IVV) (Tie)
  • Expense Ratio: 0.03%
  • Performance Over One-Year: 15.4%
  • Annual Dividend Yield: 1.56%
  • 30-Day Average Daily Volume: 3,668,396.
  • Assets Under Management: $326.1 billion.
  • Inception Date: May 15, 2000.
  • Issuer: BlackRock Financial Management3.
Jun 18, 2023

What is the largest S&P 500 ETF?

The largest S&P 500 ETF is the SPDR S&P 500 ETF Trust (SPY).

What 5 stocks is Warren Buffett buying?

Top stocks Warren Buffett owns by size
StockNumber of Shares OwnedValue of Stake
Coca-Cola (NYSE:KO)400,000,000$23.8 billion
Chevron (NYSE:CVX)126,093,326$18.9 billion
Occidental Petroleum (NYSE:OXY)248,018,128$15.1 billion
Kraft Heinz (NASDAQ:KHC)325,634,818$11.3 billion
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Mar 12, 2024

What fund does Warren Buffet invest in?

The entire Berkshire Hathaway portfolio
CompanyShares heldHolding value
Vanguard S&P 500 ETF (VOO)43,000$18,782,400
SPDR S&P 500 Trust ETF (SPY)39,400$18,727,214
Jefferies (JEF)433,558$17,520,079
Liberty Latin Americ Class C (LILAK)1,284,020$9,424,707
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Mar 7, 2024

What did Warren Buffett tell his wife to invest in?

“One bequest provides that cash will be delivered to a trustee for my wife's benefit,” he wrote. “My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund.” Buffett recommended using Vanguard's S&P 500 index fund.

Why is SPY better than QQQ?

The table demonstrates that the difference between SPY and QQQ is that the S&P 500 Index and SPY ETF provide much better options for diversification across economic sectors. Despite this, the tech sector accounts for over a third of assets in this fund and is actually 3 times more than the second largest sector.

References

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