SPY, VOO or IVV: which S&P 500 fund to choose
SPY, VOO and IVV track the same index — S&P 500 — so their results nearly match (12 months: SPY +8.8%; VOO +8.9%; IVV +8.8%). The difference is fee and liquidity: VOO is cheaper (0.03% a year). Long-term holders usually pick the lower fee, active traders the most liquid fund.
| Metric | SPY | VOO | IVV |
|---|---|---|---|
| Manager | State Street | Vanguard | BlackRock (iShares) |
| Index | S&P 500 | S&P 500 | S&P 500 |
| Expense ratio | 0.0945% | 0.03% | 0.03% |
| Price, $ | 733.00 | 673.97 | 736.21 |
| Year to date | +7.8% | +7.8% ● | +7.8% |
| 12 months | +8.8% | +8.9% ● | +8.8% |
| From 52-week high | −6.2% | −6.2% ● | −6.2% |
| vs 200-day average | +0.4% | +0.5% ● | +0.4% |
| Dividend yield | 1.00% | 1.07% | 1.11% ● |
● — whose figure is higher, not which is better. Data as of Nov 5, 2026.
Ratings and a detailed chart for each are in the terminal.
Open the terminalFAQ
Which to choose: SPY, VOO or IVV?
SPY, VOO and IVV track the same index — S&P 500 — so their results nearly match (12 months: SPY +8.8%; VOO +8.9%; IVV +8.8%). The difference is fee and liquidity: VOO is cheaper (0.03% a year). Long-term holders usually pick the lower fee, active traders the most liquid fund.
What is an expense ratio?
The percentage of assets the fund deducts per year. 0.03% is 30 cents a year per $1,000.
How do I buy an ETF?
Through a broker with US market access, like a regular stock, by ticker.