VOO has a lower expense ratio than SPY
The Vanguard S&P 500 ETF (NYSEMKT:VOO) and the State Street SPDR S&P 500 ETF Trust (NYSEMKT:SPY) are two popular ETFs that track the S&P 500.
Both funds hold similar stocks, including Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL), and Microsoft (NASDAQ:MSFT).
VOO has an expense ratio of 0.03%, while SPY has an expense ratio of 0.09%, making VOO the cheaper option for long-term investors.