SPYM has a lower expense ration and it's trading volume is lower despite having identical holdings. Ive held some shares in VOO but given its cost, I haven't been able to hold much. What do you think about SPYM? Should I switch to that or sell VOO or VOO reigns supreme for long term investment?
Posted by ArmaNGeddn_2157
4 Comments
They are Identical. Voo 14.85 CAGR to SPYM 14.77 CAGR. Either is fine… Find other ways to make money than worrying about Identical funds. And ER means Nothing!
I don’t think that minimal of an expense ratio difference will matter that much in the long run
I see the main advantage of SPYM being a lower price point is mentally helpful for small accounts. More shares feels good and don’t have to worry about fractional shares.
Trading volume doesn’t make much difference for such a popular index, even if you’re using a less popular ETF.