SPY vs. VOO — ETF comparison tool (2024)

FAQs

Is there any difference between SPY and VOO? ›

VOO - Expense Ratio Comparison. SPY has a 0.09% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

What Are VFIAX and SPY? The Vanguard 500 Index Fund Admiral Class (VFIAX) and the SPDR S&P 500 ETF (SPY) are similar investment products. Both track the S&P 500, a U.S. stock index comprising 500 companies with the largest market capitalizations.

SPY and VOO are both ETFs that track the S&P 500 index, but with some differences in expenses, returns, and trading volume. VOO has a lower expense ratio, making it the better choice for long-term investors looking to minimize costs.

Vanguard High Dividend Yield ETF (VYM)

The better Vanguard ETF for their needs is likely VYM, which delivers a higher 2.9% 30-day SEC yield by targeting the FTSE High Dividend Yield Index. It also charges the same expense ratio as VIG does, at 0.06%.

Vanguard S&P offers a lower expense ratio (0.035%) than SPY (0.095%), which means lower costs for investors and potentially higher net returns over the long term. VOO might be the more economical choice for cost-conscious investors, especially those investing large sums or planning for long-term goals like retirement.

Bottom line. The SPY ETF is a cost-effective investment option for investors looking to gain exposure to about 500 large US companies. However, it is also subject to the same risks as any other investment in the stock market, including market volatility, and economic and geopolitical risks.

Should I buy VOO right now? ›

VOO's analyst rating consensus is a Moderate Buy.

Currently there's no upside potential for SPY, based on the analysts' average price target. Is SPY a Buy, Sell or Hold? SPY has a consensus rating of Moderate Buy which is based on 406 buy ratings, 92 hold ratings and 6 sell ratings.

SPY has a dividend yield of 1.28% and has distributed $6.72 in dividends in the past year. The most recent payment was on 2024-04-30 in the amount of $1.59. Dividend Yield. 1.28% Annual Dividends.

SPY 20-day moving average is 517.79, which suggests SPY is a Buy.

The SPDR S&P 500 ETF is listed on the New York Stock Exchange and trades under the ticker symbol SPY. The SPY's price tracks the S&P 500 index. The SPDR S&P 500 ETF allows investors to track the performance of the US economy without having to buy all the stocks listed on the S&P 500 directly.

The Vanguard S&P 500 ETF (VOO 0.08%) is one of the best ways to invest in the S&P 500, which has been a pretty smart strategy over the long term. Since 1965, the S&P 500 has produced a total return of 10.2% annualized. The Vanguard ETF has an expense ratio of just 0.03%, so you get to keep most of your gains.