Investors are plowing money into the two largest ETFs that track the S&P 500, the broadest measure of the U.S. stock market. But each has different bragging rights.
Berkshire Hathaway CEO Warren Buffett, as usual, was onto something when the company picked up Vanguard’s S&P 500 ETF , a few years ago. Since then, the exchange-traded fund has gradually become a darling of retail investors, crossing $100 billion in net cash flow for the first time this year. "Vanguard’s ownership structure is unique in the industry – we’re owned by our funds, which are in turn owned by the funds’ shareholders.
BITCOIN WHALE ETF HITS NEW HIGHS Both funds count Apple, Nvidia and Microsoft as their top weightings, while Tesla and Broadcom are the lowest for VOO, and Broadcom and Alphabet for SPY. TOP ETFS OF 2024 ARE TIED TO ONE STOCK "Vanguard just has this reputation and, you know, it has this very committed investor base, who just buy Vanguard funds. And they're usually long-term oriented. They put money into those Vanguard funds, day after day, week after week.
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