IVV vs SPY: Which is better?
Quick Takeaway: IVV has a lower expense ratio (0.03%) than SPY (0.09%), making it more cost-effective for long-term buy-and-hold investors.
Comparison Matrix
| Metric | IVV (iShares Core S&P 500 ETF) | SPY (SPDR S&P 500 ETF Trust) |
|---|---|---|
| Asset Class | US Large Cap | US Large Cap |
| Expense Ratio | 0.03% | 0.09% |
| Dividend Yield | 1.47% | 1.45% |
| AUM | $400B | $490B |
| Benchmark | S&P 500 | S&P 500 |