An ETF is an Exchange-traded fund. It works like a mutual fund but is traded on the open market like a stock.
These two ETFs track the S&P 500 Index. They are comprised of the 500 largest companies in the U.S.A.
-Created in 1993. - High Liquidity - Expense Ratio of 0.09% - 10 Year Return of 16.41% - 505 Stocks - It has been around a really long time.
- Created in 2010 - Expense Ratio 0.03% - 16.51% average for 10 years - 512 stocks
Here are a couple of similarities between the two ETFs
Both track the S&P 500 Index. They are comprised of the top 500 largest companies in the U.S.A.