Cryptocurrency Q&A
Why VOO over SPY?
Why VOO over SPY?
SakuraPetal
Thu Sep 05 2024
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5 answers
1105
I'm curious to understand why some investors prefer the Vanguard S&P 500 ETF (VOO) over the SPDR S&P 500 ETF (SPY). Both track the S&P 500 index, so what are the key differences that make VOO a more attractive option for some investors? Is it the expense ratio, trading volume, or something else entirely? I'd love to hear your thoughts on this topic.
5 answers
CryptoLord
Sat Sep 07 2024
VOO has secured a prestigious Gold rating, standing out as the top performer in its category. Meanwhile, SPY follows closely with a Silver rating, marking it as a solid second choice.
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Raffaele
Sat Sep 07 2024
According to Almahasneh, the disparity in ratings can be attributed to the fees and operational inefficiencies inherent in the unit investment trust structure. These factors contribute significantly to the differentiation between the two products.
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Martina
Fri Sep 06 2024
Although the differences between VOO and SPY may seem minimal on the surface, they can accumulate over time, potentially leading to significant savings or losses for investors.
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Pietro
Fri Sep 06 2024
In terms of cost, VOO offers a competitive advantage with its low fee of 0.03%, making it an attractive option for cost-conscious investors. On the other hand, SPY charges a higher fee of 0.09%, which may discourage some investors.
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Carolina
Fri Sep 06 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services to cater to the diverse needs of its clients. These services include spot trading, futures trading, and a secure wallet solution, among others.
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