24/7 Wall Street
08 Aug 2026, 18:08 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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4 claims · each scored for market impact
The Vanguard S&P 500 ETF (VOO) has become the first ETF in history to cross $1 trillion in assets. — This signals a massive institutional and retail shift toward low-cost index funds over traditional high-fee vehicles.
+0.40SPY's structure as a unit investment trust prevents it from reinvesting dividends immediately, creating a cash drag that hurts performance relative to VOO. — This structural inefficiency provides a consistent, albeit small, performance edge for competitors like VOO.
+0.20SPY maintains a significant competitive advantage in liquidity, bid-ask spreads, and options market depth compared to VOO and SPYM. — This ensures SPY remains the dominant tool for active traders and institutional block trading despite higher fees.
+0.10Continue reading
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The SPDR Portfolio S&P 500 ETF (SPYM) offers the lowest expense ratio at 0.02% but suffers from limited liquidity and thin options coverage. — While the lowest cost, the small asset base ($916M) limits its utility to only the most cost-sensitive long-term holders.
+0.10Which stocks this story touches
Listed as a primary top holding in the successful S&P 500 ETFs discussed.
Listed as a primary top holding in the successful S&P 500 ETFs discussed.
Listed as a primary top holding in the successful S&P 500 ETFs discussed.
Mentioned as a top holding in high-performing S&P 500 ETFs and as a successful long-term call.
[mutual] Both are S&P 500 ETFs competing for investors based on fees and liquidity.
[mutual] Both are S&P 500 ETFs issued by State Street, competing on fee structures.
[mutual] Both are low-cost S&P 500 ETFs competing for long-term holders.
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