SPLG ETF Review - Is It the Best S&P 500 ETF Now?

The SPLG ETF from SPDR tracks the S&P 500 Index and has lowered its fee to 0.02%, making it cheaper than its competitors VOO, IVV, and SPY.

// SUMMARY:

Recall that the S&P 500 Index is simply a basket of the 500 largest profitable publicly traded companies in the United States by market capitalization.

The S&P 500 comprises roughly 82% of the total U.S. stock market by weight and spans all market sectors, so it is often used as a sufficient barometer for the US market as a whole. Whether you're a beginner or a seasoned investor, the S&P 500 is a reliable cornerstone of a long-term buy-and-hold investment strategy for US large cap stocks. If you've arrived on this video, you likely already know those facts.

Previously, more popular ETFs like VOO from Vanguard, IVV from iShares, SCHX from Schwab, and SPY from SPDR were the go-to vehicles to access the S&P 500. VOO, IVV, and SCHX cost 0.03%. But now SPDR has lowered the fee on its SPLG ETF down to 0.02%, making it cheaper than those.

SPLG previously tracked the Russell 1000 Index and switched to the S&P 500 Index in 2020. Since SPLG now tracks the exact same index as these competitors, it now seems like the obvious choice for an S&P 500 ETF, as we should prefer the lowest fee whenever possible for any given target exposure. Fees are one of the few aspects of investing that investors can control, and differences in fees can add up over decades.

SPLG actually launched in 2005 and has amassed over $40 billion in assets, but it has not always been this cheap. Its lower fee has attracted new attention and new assets. What's your S&P 500 ETF of choice? Let me know in the comments.

Read the blog post here: https://www.optimizedportfolio.com/splg/

#investing #sp500 #etfs

// INVEST

► M1 Finance: https://optimizedportfolio.com/go/m1
► My comprehensive review of M1 Finance: https://www.optimizedportfolio.com/m1...
► Get my dividend portfolio: https://www.optimizedportfolio.com/m1...
► Lazy Portfolios: https://www.optimizedportfolio.com/la...
► Beginners’ reference guide (updated regularly): https://www.optimizedportfolio.com/be...
► Webull (for stock traders; get 2 free stocks): https://act.webull.com/kol-us/share.h...

// SOCIAL

► Website: https://www.optimizedportfolio.com/
► Patreon:   / optimizedportfolio  
► Facebook:   / optimizedportfolio  
► Instagram:   / optimizedportfolio  
► Twitter:   / optimizedport  

► Support my channel by shopping on Amazon (free for you): https://amzn.to/2TLCgCc

I appreciate all the support!

Disclaimer: This is not financial advice, investing advice, or tax advice. The information presented is for informational, educational, and entertainment purposes only. Investment products discussed are for illustrative purposes only. It is not a recommendation to buy, sell, or otherwise transact in any of the products mentioned. I always attempt to ensure the accuracy of information presented but that accuracy cannot be guaranteed. Do your own due diligence. All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future results. Opinions are my own and do not represent those of other parties mentioned. Read my lengthier disclaimer here: https://www.optimizedportfolio.com/te...

Disclosure: Some of the links above are referral links. At no additional cost to you, if you choose to make a purchase or sign up for a service after clicking through those links, I may receive a small commission. This allows me to continue producing high-quality content on this channel and pays for the occasional cup of coffee. I have first-hand experience with every product or service I recommend, and I recommend them because I genuinely believe they are useful.