Which S&P 500 Tracker is Best? (VOO vs IVV vs SPY vs SPYM vs RSP)

Comparison of top S&P 500 ETFs (VOO, IVV, SPY, SPYM, RSP) focusing on expense ratios, liquidity, and investor suitability.

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Key Takeaways

Expense ratio is a critical factor in choosing an S&P 500 ETF.
SPY is best suited for traders due to its liquidity despite higher costs.
SPYM offers the lowest cost and identical returns, ideal for individual investors.
RSP provides a unique equal weight exposure but comes with higher fees.
VOO and IVV are excellent low-cost options favored by Vanguard fans and long-term investors respectively.

What the video covers

VOO is the most popular S&P 500 ETF with a very low expense ratio of about 0.03%, ideal for Vanguard fans.
IVV is the second most popular with a similarly low expense ratio, suitable for long-term investors.
SPY is the oldest ETF with a higher expense ratio (triple that of IVV and VOO) but offers the highest liquidity, making it best for traders.
SPYM has existed for about 20 years, has the lowest expense ratio at 0.02%, and provides returns identical to other S&P 500 ETFs, making it the best choice for individual investors.
RSP is an equal weight ETF with the highest expense ratio and lowest assets under management, offering equal weight exposure to investors.
SPYM is the personal favorite of the presenter due to its lower than average cost.
The video uses visual explanations to compare these ETFs effectively.

Which S&P 500 ETF has the lowest expense ratio?

SPYM has the lowest expense ratio at 0.02%, making it the most cost-effective option among the S&P 500 ETFs discussed.

Why is SPY considered the best choice for traders?

SPY is the most liquid ETF among the S&P 500 trackers, which makes it ideal for traders despite having a higher expense ratio.

What makes RSP different from other S&P 500 ETFs?

RSP is an equal weight ETF, meaning it gives equal weight exposure to all S&P 500 companies, unlike the market-cap weighted trackers, but it has the highest expense ratio and lowest assets under management.