ilmscore | Prediction Details
"and spy is an ETF made by spider spdr they're pronounced spider but these are two different companies both investment companies that create ETFs which allow you to now buy ETFs both Vanguard and spider are both very reputable companies and so when it comes time for you to actually research ETFs you want to look at how credible is the company that created the ETF because you're going to have a whole bunch of newer no-name companies releasing ETFs and index funds all the time but if they have no credibility they have no history you don't want to just dump your money into them because what if they go bust so you want to look at who made this ETF Vanguard and the spider and also along with that how many people are actually investing their money into these ETFs how big are these ETFs the easiest way to find that information is just to go onto the Vanguard website or the spider website and actually look at these ETFs they'll have a fact sheet that will give you a bunch of information everything you need to know about the ETF itself so if you go to the Vanguard website here I'm on the vo page and you see it says the fund total net assets which is $829 billion for vo and then if I come on to the spider website under index statistics it says the weighted average market cap which is currently 668 million million which is $668 billion if you search online the general rule of thumb is if you're investing in an ETF you want to look for an ETF that has at least $10 million in market cap of actually assets that are being managed in order for it to be an actual worthwhile investment to protect your money but I like to look at something a little bit safer especially if it's an ETF because I want my money to be safe so I'm looking at at least $100 million on the low end of assets under management and both of these and the hundreds of billions are way past that so we know that one they're made by a company that's credible and second that they have enough assets under management for it to be an okay investment The second question you want to ask yourself is what companies do these two ETFs invest in so we know that both of these ETFs give the exposure to the S&P 500 meaning they both invest in the same 500 companies but they don't invest in the same 500 companies with the same ratios let me show you what I mean so I'm going back onto the Vanguard website and right now I can see that the 10 largest Holdings are number one Microsoft number two apple number three alphabet which is Google for Amazon Tesla and on and on and on but if I go to spy I'm going to see here at the top Holdings number one is Apple number two is Microsoft number three is Amazon number four is Tesla number five is alphabet so you can see it's very similar companies but what you see is that the percentages are different because in spy apple is the number one holding versus in Vanguard Microsoft is the number one holding. The gross expense ratio for SPDR's SPY ETF is 0.0945%."
By Minority Mindset | April 7, 2024 | Pending
From video
Be A Millionaire Index Fund Investor (Index Funds vs. ETFs vs. Mutual Funds) 00:22:41 - 00:25:15
Interpreted Prediction
The SPDR S&P 500 ETF (SPY) has a gross expense ratio of 0.0945%. It is managed by State Street (Spider) and invests in the S&P 500 companies, with Apple as its top holding, differing slightly in composition from Vanguard's VO. Both SPY and VO have substantial assets under management ($668 billion for SPY).

Prediction Details

Ticker
SPY

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