From Nasdaq: 2025-02-18 17:06:00

The Vanguard S&P 500 ETF (VOO) has surpassed State Street’s SPDR S&P 500 ETF (SPY) to become the largest ETF globally, with $632 billion in assets, beating SPY’s $630 billion. Despite SPY’s long reign, VOO’s lower expense ratio of 0.03% has attracted more cost-conscious investors, leading to record inflows of $116 billion last year.

Vanguard’s unique ownership structure, passing profits to reduce costs for clients, has contributed to VOO’s success. Recently, Vanguard announced its largest fee reduction, expected to save investors over $350 million this year. With the exceptional performance of U.S. large-cap stocks, VOO, IVV, and SPLG continue to attract billions in assets.

Vanguard founder Jack Bogle’s legacy and Vanguard’s investor-owned structure have set it apart from other fund management companies. VOO’s potential to remain the ETF king for a long time is supported by its cost-effective approach and strong performance. The ongoing success of VOO is a testament to Vanguard’s commitment to low-cost investing and client-focused strategies.



Read more at Nasdaq: ETF Investors Crown a New King