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What are the differences between IVV, SPY, and VOO in the cryptocurrency market?

avatarHao WangNov 24, 2021 · 3 years ago1 answers

Can you explain the differences between IVV, SPY, and VOO in the cryptocurrency market? What makes them unique and how do they differ from each other?

What are the differences between IVV, SPY, and VOO in the cryptocurrency market?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    IVV, SPY, and VOO are all ETFs that provide exposure to the cryptocurrency market. IVV tracks the S&P 500 Index, SPY tracks the S&P 500 Index, and VOO also tracks the S&P 500 Index. However, there are some differences between them. IVV has a lower expense ratio compared to SPY and VOO, making it a more cost-effective choice for investors. SPY is the most widely traded ETF in the world and has a long history of performance. VOO is managed by Vanguard, a trusted investment management company. Overall, these ETFs offer investors different options for investing in the cryptocurrency market.