The SPDR S&P 500 ETF Trust (SPY) and BlackRock's iShares Core S&P 500 ETF (IVV) both track the S&P 500 index with identical holdings. However, SPY charges a higher annual fee of 0.0945%, while IVV charges only 0.03%, meaning long-term investors in SPY pay more for the same exposure. SPY's structure as a unit investment trust limits dividend reinvestment, unlike IVV's open-end fund model, which can reinvest dividends and earn additional revenue. While SPY offers deeper liquidity beneficial for active traders and options users, long-term investors in tax-advantaged accounts may benefit from switching to IVV to reduce fees, though tax implications should be considered for taxable accounts.
The article highlights the cost advantages of IVV over SPY for long-term investors. On Pluang, IVV trades at USD 781.00 with a slight 1-day decline of 0.06%. These figures are as of Oct 14, 2026 06:51 WIB.
