SPY vs. VOO — ETF comparison tool (2024)

Compare and contrast key facts about SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 ETF (VOO).

SPY and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both SPY and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPY or VOO.

SPY vs. VOO — ETF comparison tool (2024)

FAQs

What is the difference between VOO and SPY ETF? ›

The primary difference between SPY, VOO and IVV is cost. SPY has an expense ratio of 0.09% while VOO and IVV only cost 0.03%.

What ETF is comparable to VOO? ›

ETF Benchmarks & Alternatives
TickerNameExpense Ratio
VOOVanguard S&P 500 ETF0.03%
IVViShares Core S&P 500 ETF0.04%
SPYSPDR S&P 500 ETF Trust0.09%
SHProShares Short S&P5000.89%
4 more rows

What Vanguard fund is equivalent to SPY? ›

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.

Why buy VOO instead of SPY? ›

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.

Why choose SPY over VOO? ›

While the two ETFs follow the same strategy, they earn different ratings. VOO earns a top rating of Gold, while SPY earns the next best rating of Silver. Almahasneh says the reason is fees. VOO charges 0.03%, while SPY charges 0.09%.

How do you compare two ETFs? ›

Below, we've listed some key differentiators that an investor should keep in mind when comparing two similar ETFs dedicated to the same market segment.
  1. Management-expense ratio (MER) ...
  2. Index construction and underlying holdings. ...
  3. Commissions to buy and sell. ...
  4. Bid-ask spread. ...
  5. Premium/discount.

What are the top 5 ETFs to buy? ›

7 Best ETFs to Buy Now
ETFExpense RatioAssets Under Management
ProShares Bitcoin Strategy ETF (ticker: BITO)0.95%$2.1 billion
Global X Copper Miners ETF (COPX)0.65%$2.3 billion
YieldMax NVDA Option Income Strategy ETF (NVDY)1.01%$433 million
iShares Semiconductor ETF (SOXX)0.35%$12.4 billion
3 more rows
May 7, 2024

What is the most successful ETF? ›

1. VanEck Semiconductor ETF. The VanEck Semiconductor ETF (SMH) tracks a market-cap-weighted index of 25 of the largest U.S.-listed semiconductors companies. Midcap companies and foreign companies listed in the U.S. can also be included in the index.

What is better, SPY or VTI? ›

The key differences between VT and VTI are expense ratio and performance. VTI has an advantage with an expense ratio of 0.03% compared to 0.09% of SPY. Another key difference is the performance in annual returns and dividend yield.

Which is Vanguard's best performing fund? ›

Vanguard High-Yield Corporate Fund (VWEAX)

The Vanguard High-Yield Corporate Fund is the company's top performing bond fund over the past decade. It features a high-yield, intermediate-term fixed income portfolio.

Who owns SPY ETF? ›

SPY is owned by its investors — the shareholders of the fund. When you buy shares of SPY, you become an owner of the fund and are entitled to a share of the fund's assets and earnings.

Is SPY a good buy right now? ›

SPY has a consensus rating of Moderate Buy which is based on 401 buy ratings, 99 hold ratings and 4 sell ratings.

Is SPY a buy or sell today? ›

Based on SPY's technical indicators, SPY is a Buy. What is SPY's RSI (14)? SPY's RSI (14) is 68.81, which suggests SPY is a Neutral.

How much does SPY move in a day? ›

From 1999 – 2019, the stock market as defined by the S&P 500 moves on average -1% and +1% a day, for 70% of the days.

What is Warren Buffett's favorite ETF? ›

Warren Buffett has long recommended the S&P 500 index fund and ETF, and through his holding company Berkshire Hathaway, he also owns two of these types of investments: the Vanguard S&P 500 ETF (NYSEMKT: VOO) and the SPDR S&P 500 ETF Trust (NYSEMKT: SPY).

Is it wise to invest in VOO? ›

Vanguard S&P 500 ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VOO is an outstanding option for investors seeking exposure to the Style Box - Large Cap Blend segment of the market.

Is it worth investing in the SPY ETF? ›

Bottom Line. The SPY ETF can be a convenient way to gain low-cost exposure to a diversified basket of large cap U.S. stocks. While SPY has multiple advantages, investors should remain aware of certain risks, such as lack of exposure to other areas of the market, before buying shares.

What is the best ETF to invest in? ›

  • Vanguard S&P 500 ETF (VOO)
  • Schwab U.S. Small-Cap ETF (SCHA)
  • iShares Core S&P Mid-Cap ETF (IJH)
  • Invesco QQQ Trust (QQQ)
  • Vanguard High Dividend Yield ETF (VYM)
  • Vanguard Total International Stock ETF (VXUS)
  • Vanguard Total World Stock ETF (VT)
Apr 24, 2024

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