TOP DOLLAR INVESTOR
Investing in the S&P 500 is made easy with IVV, which has an expense ratio of just 0.03%, making it a low-cost option. The annual costs come to about $3 for a $10,000 investment, which is cost-effective compared to actively managed funds, which can charge up to 1%.
You can purchase ITOT, which tracks the S&P Total US Stock Market Index, to invest in the whole stock market. ITOT holds a total of 3,617 equities, with almost 82% of them being large-cap names.
Because of its enormous volumes, SPY is a favorite among retail and institutional traders. Traders who desire the best order fills frequently choose SPY over IVV. Thus, SPY might be a better choice if you’re seeking a trading instrument.
QQQM is a market capitalization index with 101 of the largest non-financial sector stocks trading on the Nasdaq Stock Exchange. The Nasdaq 100 is more volatile than the S&P 500, meaning that it has higher risk and the potential for higher returns.
TOP Dollar Investor