Morningstar Rating

ETF Research and Analysis

by Ben Johnson, CFA
Suitability
Vanguard S&P 500 ETF VOO offers investors diversified exposure to U.S. large-cap stocks. The S&P 500 is the most oft-cited proxy for the U.S. equity market. A low fee and a soundly constructed and reasonably representative   Read more 

Bull Case

For decades, the S&P 500 has been a difficult hurdle for active managers to clear.
This is the least expensive ETF offering exposure to the S&P 500. Read more 

Bear Case

While this is the cheapest S&P 500 ETF, it is not the cheapest S&P 500 fund. That title is held by Fidelity 500 Index, which charges an annual fee of 0.045%.
This fund does not yet have the assets or trading volume of its rivals. For buy-and-hold investors, this should not be a problem, but traders may prefer the more liquid alternatives. Read more 

Why Index Construction Matters for ETF Investors 
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