VOO Undercuts SPY With 0.03% Expense Ratio, Higher Dividend Yield
Vanguard’s S&P 500 ETF charges one-third the fees of State Street’s rival, adding a 0.06 percentage point cost advantage for long-term investors. Vanguard’s S&P 500 ETF (VOO) now offers a 0.03% expense ratio, undercutting State Street’s SPDR S&P 500 ETF Trust (SPY) by two-