From Nasdaq: 2024-04-25 12:12:00

In episode #399 of the Zacks Market Edge Podcast, host Tracey Ryniec and guest Neena Mishra discuss the basics of buying an S&P 500 ETF. They compare three popular choices: SPDR S&P 500 ETF (SPY), Vanguard S&P 500 ETF (VOO), and SPDR Portfolio S&P 500 ETF (SPLG), noting differences in expense ratios and holdings.

The SPDR S&P 500 ETF (SPY) is the oldest and largest but has a higher expense ratio of 0.095%. Vanguard S&P 500 ETF (VOO) is known for its low expense ratio of 0.03%. However, SPDR Portfolio S&P 500 ETF (SPLG) is even cheaper at 0.02%, making it a good long-term investment option.

All three ETFs hold the same top stocks, with Microsoft Corp. (MSFT) as the largest holding in the S&P 500 index. Apple Inc. (AAPL) is the second largest holding but has underperformed, making index diversification valuable. The podcast explores these and other factors influencing S&P 500 ETF investing.

For more expert insights on S&P 500 ETFs and retirement fund strategies, you can download a comprehensive free report from Zacks Investment Research, featuring five diverse dividend stocks recommended for retirement planning. This report offers unconventional wisdom to diversify your portfolio and prepare for a secure retirement.



Read more at Nasdaq: What is the Best S&P 500 ETF to Buy?