I’m sure you’ve heard of $SPY or $VOO but have you heard of $SPLG? It’s the cheapest S&P 500 ETF listed on the market that I’ve came across so far. Stick around to see why you may prefer it over the other options.
Why $SPLG over others such as $VOO or $SPY?
- SPLG is the cheapest ETF among any of the others. Their expense ratio is 0.02%.
- VOO’s expense ratio is 0.03%
- SPY’s expense ratio is 0.09%
What Index is $SPLG Targeting?
SPLG or also known as the “The SPDR Portfolio S&P 500 ETF” targets the S&P 500 Index.
Who is the Fund Manager For $SPLG?
- The investment fund manager for this ETF is SSGA Funds Management, Inc. The Administrator is State Street Global Advisors Funds Management Inc.
How Long Has $SPLG Been Around?
- The inception date for this fund November 8th, 2005. So it’s been around for nearly 20 years.
Does SPLG offer Options?
- Yes, SPLG offers monthly expiring options.
- This is a con compared to SPY’s & VOO’s weekly expiring options.
What Does The Fund Include Sector Wise?
Technology (32.70%), Healthcare (12.18%), Financial Services (12.57%), Consumer Cyclical (9.85%), Communication Services (8.90%), Industrials (7.46%), Consumer Defensive (6.01%), Energy (3.48%), Utilities (2.54%), Real Estate (2.34%) & Basic Materials (1.97%).
As Of 08/22/2024.
