Which S&P 500 ETF Is the Better Buy: iShares' IVV or State Street's SPY?
Subtle differences in structure and returns can impact long-term ETF performance for investors seeking S&P 500 exposure. Explore how these giants stack up.
Which S&P 500 ETF Is the Better Buy: iShares' IVV or State Street's SPY?
Overview
Comparing iShares Core S&P 500 ETF (NYSEMKT:IVV) to State Street SPDR S&P 500 ETF Trust (NYSEMKT:SPY) reveals nearly identical portfolios, but the iShares fund offers lower costs and a higher dividend yield.
Investors looking for broad U.S. large-cap exposure often choose between these two giants. While IVV and SPY both mirror the S&P 500 index, slight variations in expense ratios and structure lead to different total returns over time for long-term buy-and-hold portfolios.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.
