Reported 2 days ago
Vanguard's S&P 500 ETF (VOO) has officially become the largest ETF globally, surpassing the SPDR S&P 500 ETF Trust (SPY). Gavin Filmore from Tidal Financial Group highlights this milestone, noting VOO's lower fees appeal to long-term investors, while SPY remains favorable for active traders due to its liquidity. Both ETFs are characterized as 'very healthy' products in the market, reflecting a significant shift in the ETF landscape.
Source: YAHOO