It’s no surprise that investors like S&P 500 ETFs. Many people use them for diversified exposure to the US market, and they rank among the top traded ETFs on Syfe Trade.
S&P 500 ETFs track the S&P 500 index, which is considered to be a bellwether for the US economy. The index holds 500 of the largest US stocks across all industries such as technology, energy, financials, and healthcare.
When you invest in a S&P 500 ETF, you automatically own top stocks like Apple, Tesla, Disney, and Warren Buffett’s Berkshire Hathaway, amongst others. Historically, the average annualised return for the index has been around 10%.
Given the popularity of the S&P 500 index, there are many ETFs tracking it. Here’s a comparison between three of the most popular ones: VOO, SPY, and IVV.
Figures as of May 2022
VOO: Vanguard S&P 500 ETF
VOO is the most popular ETF on Syfe Trade. It’s offered by Vanguard, the brokerage firm founded by Jack Bogle...