A guide for Voo Vs Spy

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This blog talks about the difference between voo vs spy

If you are willing to know about voo vs spy then this is the right blog for you, which you can use for knowing the difference between the two so without spending time we would simply get started to know the difference. 

Difference between voo and spy for the users - 

The major difference between spy vs voo is in the liquidity and the volume of daily exchange as well as the fee (TER). Below is a table through which we would like to explain the difference in a better way, so have a close look at it. 

ETF

VOO

SPY

Index tracking 

SP 500

SP 500

Fund manager 

Vanguard 

State street global advisors 

AUM

$296.3 B

$408.44 B

Fund currency 

USD

USD

Dividend distribution

Distributing 

Distributing 

Expense ratio (TER)

0.03%

0.09%

 

After reading this table you might have a brief idea of voo or spy, now we will tell you about some more specifications in detail which you shouldn't miss. 

SPY is the oldest ETF which was launched in 1993 which also has the largest assets under the management which is AUM among all the ETFs. The goal of SPY is to offer investment results which usually correspond to the price and the performance of SP 500 index. 

As for, Voo in spy or voo, it was introduced in 2010 which makes it a lot younger than spy. Despite it’s newness this service gained immense popularity among the people because of the lower expense ratio it has. 

We hope that the difference between spy and voo is now very clear to you but if you wish to view more aspects of this difference then you could have a look at a website named themoneyflow where the details which you are looking for will be available in simple language.

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