Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, has been a long-standing advocate of safe investment options. One of the most common and best pieces of investment advice is to invest in a low-cost S&P 500 index fund. These funds allow investors to diversify their portfolios and gain exposure to a broad range of companies in the stock market. The S&P 500 is the top stock market benchmark. These are the best ETFs designed to duplicate its performance.
The Vanguard S&P 500 ETF (VOO 0.01%) is one of the largest exchange-traded funds (ETFs) by assets under management (AUM). The ETF had over $500 billion in assets as of the end of 2020. It offers investors a low-cost way to invest in the 500 largest publicly traded companies in the United States. The Vanguard S&P 500 ETF isn't an income-focused ETF, but it does have a yield. Here's the scoop on the VOO dividend.
Read Principal Securities Inc. Invests $671000 in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) at Defense World. The S&P 500 posted its third straight weekly gain for the first time since early February. The index is currently up 10.12% year to date. A seismic shift is currently underway among the world's largest exchange-traded funds (ETFs), which could redefine the landscape of the ETF market.