The Vanguard S&P 500 ETF (VOO) has reached $1.03 trillion in assets, becoming the first ETF to cross the trillion-dollar mark while charging just 0.03% in fees, significantly lower than the SPDR S&P 500 ETF Trust (SPY) which charges 0.0945%. SPY, the most traded ETF with deep options liquidity, is limited by its legacy structure that prevents dividend reinvestment, causing a cash drag and higher costs over time. VOO, an open-end fund, reinvests dividends immediately, offering a slight but compounding performance advantage for long-term investors. State Street has also launched SPDR Portfolio S&P 500 ETF (SPYM) with even lower fees but smaller asset size and less liquidity. For long-term holders in tax-advantaged accounts, switching from SPY to VOO or SPYM can save on fees without significant downsides, though options traders may prefer SPY for liquidity.
Senator John Boozman bought Palantir shares in May 2026, and since then the stock surged about 28.4%, far outperforming the S&P 500. Palantir, a major U.S. government software contractor, reported strong Q2 earnings with revenue up 93% year-over-year...
The S&P 500 reached all-time highs this week, boosted by record options trading volumes and a drop in the Cboe Volatility Index (VIX) to its lowest level since January. Over four million S&P 500 index call options traded on Tuesday, breaking previous...
The ProShares S&P 500 High Income ETF (ISPY) offers higher monthly income through daily call option writing but charges a 0.56% annual fee, significantly more than standard S&P 500 ETFs like SPY or VOO. This strategy limits upside gains, as shown by ...
The US Labor Department reported a surprising decline of 23,000 payroll jobs in July, well below the expected growth of nearly 100,000. Despite the job losses, unemployment decreased to 4.1%, with declines mainly in retail and financial sectors. This...
The NEOS S&P 500 High Income ETF (SPYI) has shown a strong three-year performance since its August 2022 launch, offering investors a near 12% annual distribution while maintaining principal growth. The fund uses a covered-call strategy on S&P 500 opt...
