Published on 9 May 2024 on Benzinga via Yahoo Finance
Investors Flock To Lower-Cost Vanguard S&P 500 ETF: Is It Time To Switch From SPY To VOO?
A seismic shift is currently underway among the world’s largest exchange-traded funds (ETFs), which could redefine the landscape of the ETF universe.
The SPDR S&P 500 ETF Trust (NYSE:SPY), the largest ETF globally with over $500 billion in assets under management, experienced significant outflows since the beginning of the year.