If we want the S&P 500 to go up, does buying SPY or SPLG make more sense than buying VOO?


SPY, SPLG, and VOO are all ETFs that track the S&P 500. SPY and SPLG are offered by State Street, a publicly traded company (STT) that is one of the 500 companies on the S&P 500. Meaning, when you purchase SPY or SPLG, you're purchasing a product and giving money to State Street and thus supporting the S&P 500. VOO, on the other hand, is offered by Vanguard, which is a private company.

Does it make sense to purchase SPY or SPLG over VOO for this reason? The expense ratios are the only difference, as the holdings of all three are nearly identical. SPLG actually has the lowest expense ratio of the three but for most of us who aren't investing in the millions- it won't really matter anyway.

Note- Invesco, Charles Schwab, and JP Morgan Chase are a few other companies on the S&P 500 that offer similar ETFs. Same question applies for these companies.


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