Data as of Jul 25, 2026 · Based on 336 AI responses from ChatGPT Search and Google AI Mode · See how Parse measures this
For a typical buy-and-hold S&P 500 core holding, choose Vanguard VOO for its low 0.03% fee and broad use. If minimizing fees or buying small share sizes is your priority, SPLG cites the lowest expense ratio; IVV is essentially equivalent to VOO; choose SPY only if you need maximum liquidity/options.
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Vanguard VOO is the best fit for most long-term, buy-and-hold investors because sources cite its 0.03% expense ratio, high liquidity, and widespread use; caveat: IVV performs nearly identically.
SPLG is the best fit when your top priority is the absolute lowest fee or buying with a lower share price; evidence shows it often has the smallest expense ratio, but platform availability can affect access.
IVV is a strong low-cost alternative to VOO with near-identical performance and a similar 0.03% fee; pick IVV if you prefer BlackRock’s offering or specific trading venues, recognizing differences vs VOO are minimal.
SPY is the best fit for active traders and options strategies because of unmatched liquidity and volume; tradeoff: it has a higher expense ratio, so it's less ideal as a fee-minimizing core holding.
Here are top web results for exploring this topic:
Morningstar·https://global.morningstar.com The Best S&P 500 ETFs to Buy Now | Morningstar Canada Vanguard S&P 500 Index ETF. Fund Size. : C$35.3 billion; MER: 0.09. Morningstar Medalist Rating. : Gold. Over the past year, the Vanguard fund rose 21.73%, while the average fund in its category rose justETF·https://www.justetf.com Find The Best S&P 500 ETF - justETF S&P 500 ETFs in comparison. The most important factors at a glance. Besides return, there are further important factors to consider when selecting a S&P 500 ETF. In order to provide a sound decision b
Reddit·https://www.reddit.com**Best S&P 500** Funds : r/ETFs - Reddit Low fees is the name of the game. John Oliver made a great episode on how much difference fees make in the long term of compounding. In this example, Fidelity charges half the fees of Vanguard. That's
NerdWallet·https://www.nerdwallet.com The Top S&P 500 ETFs for August 2026: IVV, VOO and More What's the best S&P 500 ETF? If you search for S&P 500 ETFs, you may come across dozens of funds. Just because S&P 500 is in a fund's name doesn't necessarily mean it tracks the index as a whole. Rath
Yahoo Finance·https://finance.yahoo.com Top S&P 500 ETFs List | Screener - Yahoo Finance 7. SPYD. State Street SPDR Portfolio S&P 500 High Dividend ETF. 50.43, +0.12, +0.24%, 857,704, +18.85%, +8.09%, +4.67%, +3.97%, +32.71%, 0.07, 0.07, 8.695B. 49.09, 46.37. 41.87 50.90. US. State Street
US News Money·https://money.usnews.com 5 ETFs That Outperform the S&P 500 | Investing - US News Money Invesco S&P 500 Momentum ETF (SPMO). SPMO tracks the S&P 500 Momentum Index, which includes about 100 stocks that have shown strong price gains over the past six and 12 months, adjusted for how volati
Fidelity Investments·https://www.fidelity.com Investing in ETFs | Low-cost & tax-efficient ETFs - Fidelity Investments Featured ETFs and ETPs ; iShares Core S&P 500 ETF. The investment seeks to track the investment results of the S&P 500 composed of large-capitalization US equities. · iShares Core S&P 500 ETF. The inv
YouTube·https://www.youtube.com I Compared the 7 Best S&P 500 Index Funds (1 Clear WINNER!)The best S&P 500 ETF was not covered in this video. SPMO, the Invesco S&P 500 Momentum ETF, outperforms all of these funds by a considerable margin. For example, SPMO has beaten VOO by 246% since it's
Investopedia·https://www.investopedia.com Choosing the Best S&P 500 ETF : Key Considerations - Investopedia The S&P 500 Index provides a snapshot of the U.S. economy, tracking the top 500 largest corporations. SPY, VOO, and IVV are leading S&P 500 ETFs with varying expense ratios and dividend strategies. SP
Morningstar·https://www.morningstar.com 3 Top US ETFs for 2026 and Beyond | Morningstar The cheapest one is State Street SPDR Portfolio S&P 500 ETF, ticker SPYM. It charges just 2 basis points. Consequently, it performed the best over the past 10 years compared to the other S&P 500 ETFs.
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If you want a simple, long-term S&P 500 index ETF, my top pick is VOO (Vanguard S&P 500 ETF).
| ETF | Expense ratio | Best for |
|---|---|---|
| VOO | 0.03% | ⭐ Best overall |
| IVV | 0.03% | Excellent alternative |
| SPYM | 0.02% | Lowest-cost option |
| SPY | 0.0945% | Frequent traders |
Why VOO: It tracks the S&P 500, has an extremely low 0.03% expense ratio, enormous assets, and is designed as a straightforward long-term core holding. Vanguard currently reports the 0.03% expense ratio.
IVV is essentially just as good. It also tracks the S&P 500 and charges 0.03%.
SPYM is interesting because its expense ratio is only 0.02%, making it technically the cheapest of these choices. State Street reports that it tracks the S&P 500 and currently has about $169 billion in assets.
I'd generally choose VOO over SPY for a buy-and-hold investor. SPY's big advantage is trading liquidity, but its 0.0945% expense ratio is substantially higher.
If you told me, "I want to invest in the S&P 500 for 10–30 years and don't want to overthink it," I'd pick VOO.
One important caveat: the "best" ETF can depend on whether this is a 401(k), IRA, Roth IRA, or taxable brokerage account, and on whether you're investing a lump sum or making monthly contributions. If you tell me which account you're using and roughly how much you're investing, I can recommend the best choice and explain VOO vs. IVV vs. SPYM for your situation.
If you want a simple, low-cost ETF that tracks the S&P 500, my top choice is VOO (Vanguard S&P 500 ETF).
| ETF | Expense ratio | Best for |
|---|---|---|
| VOO | 0.03% | ⭐ Best overall for long-term investors |
| IVV | 0.03% | Excellent alternative to VOO |
| SPY | 0.0945% | Frequent traders/options |
VOO, IVV, and SPY all track essentially the same S&P 500 index, so their investment performance is very similar before fees. The biggest practical difference is cost: VOO and IVV charge just 0.03%, while SPY is considerably more expensive.
Why I'd pick VOO: its 0.03% expense ratio is extremely low, it's highly liquid, and it is designed specifically as a long-term core holding. At that fee, you'd pay roughly $3 per year for every $10,000 invested.
IVV is effectively just as good. It also charges 0.03% and tracks the S&P 500. www.etf.comwww.ishares.com If your brokerage makes IVV easier or cheaper to buy, there's little reason to prefer VOO.
One important distinction: if by "S&P 500 index fund" you mean the best single fund for your entire portfolio, rather than specifically an S&P 500 tracker, I'd also consider a total-market or total-world ETF because the S&P 500 excludes smaller U.S. companies and international stocks.
If you tell me your age, investment horizon, and whether this is a taxable account, Roth IRA, or 401(k), I can tell you which ETF I'd choose and how I'd allocate it.
When looking for the best S&P 500 ETF, the short answer is that VOO, IVV , and SPLG are nearly identical in performance because they all track the exact same 500 companies . The differences come down to cost (expense ratio) and your specific use case.
The top choices compare as follows:
Are you planning to use this as a long-term buy-and-hold investment or for active trading/options , and does your broker support fractional shares ? I can give you a final specific recommendation based on those details.
When looking for the best S&P 500 ETF, the short answer is that VOO, IVV , and ultra-low-cost alternatives like SPLG are practically identical in performance and holdings because they all track the exact same index . The differences come down to expense ratios (fees), fund structure , and trading goals.
The top options break down as follows:
To help narrow down which one makes the most sense for you, tell me:
If your goal is simply “own the S&P 500 for the long term at very low cost,” my top choices are:
| ETF | Expense ratio | Best for |
|---|---|---|
| Vanguard S&P 500 ETF (VOO) | 0.03% | ⭐ My default choice |
| iShares Core S&P 500 ETF (IVV) | 0.03% | Excellent alternative to VOO |
| SPDR Portfolio S&P 500 ETF (SPYM) | 0.02% | Lowest stated expense ratio |
| SPDR S&P 500 ETF Trust (SPY) | 0.0945% | Best known/liquid for trading |
VOO and IVV both charge just 0.03% and track the S&P 500. SPYM is now even cheaper at 0.02%, according to State Street. SPY is considerably more expensive for a long-term buy-and-hold investor, despite its enormous liquidity.
For a long-term retirement/taxable investment, I'd lean toward VOO. There's very little practical difference between VOO and IVV—their costs and underlying exposure are essentially identical. VOO has also accumulated enormous assets, making it a very established core holding.
The interesting newcomer is SPYM: at 0.02%, its annual fee is about $2 per $10,000 invested, versus $3 for VOO/IVV. That's a tiny difference, so I wouldn't switch from an existing VOO/IVV position solely to save that 0.01%.
Bottom line:
Starting from scratch → VOO.
Already own IVV → keep IVV.
Want the absolute lowest expense ratio → SPYM.
Primarily trading options → SPY.
If you tell me whether this is for a taxable brokerage, Roth IRA, traditional IRA, or 401(k), plus roughly how much you're investing, I can tell you which one I'd choose and why.
When looking for the best S&P 500 Exchange-Traded Fund (ETF), most top choices track the exact same index and yield virtually identical performance . The "best" choice comes down to your specific goals, such as absolute lowest cost, long-term buy-and-hold investing, or active options trading.
The top contenders stack up as follows:
Are you planning a long-term buy-and-hold strategy or looking to trade options , and do you have a preference for a specific brokerage platform?
If your goal is simply “buy the S&P 500 and hold it for the long term,” my default pick would be VOO (Vanguard S&P 500 ETF).
The main contenders are:
| ETF | Expense ratio | Best for |
|---|---|---|
| VOO | ~0.03% | Best overall / long-term holding |
| IVV | 0.03% | Excellent alternative to VOO |
| SPY | ~0.09% | Frequent traders / maximum liquidity |
IVV currently has a 0.03% expense ratio and tracks the S&P 500 directly. www.ishares.com VOO and IVV are therefore extremely close for a buy-and-hold investor; the difference in fees is negligible.
🥇 VOO — best default choice
Why:
IVV is essentially just as good. If your brokerage makes IVV easier or you already own it, I wouldn't sell it merely to switch to VOO.
SPY is also excellent, but its higher expense ratio makes it less attractive for a long-term investor when VOO/IVV do essentially the same job.
One important caveat: “best” depends on what you're investing for. If this is for retirement and you're building a portfolio from scratch, I'd also consider whether you actually want only the S&P 500 versus a total-U.S.-market or global ETF.
If you tell me your age, investment horizon, and whether this is a taxable account or IRA/401(k), I can give you a more tailored choice and allocation.
If your goal is a long-term, low-cost S&P 500 index ETF, the best choices are all very similar because they track the exact same index. The differences come down to fees, liquidity, and the brokerage you use.
| ETF | Expense ratio | Best for |
|---|---|---|
| VOO (Vanguard S&P 500 ETF) | 0.03% | Best overall for most long-term investors. investor.vanguard.com |
| IVV (iShares Core S&P 500 ETF) | 0.03% | Excellent alternative with virtually identical performance. www.etf.com |
| SPLG (SPDR Portfolio S&P 500 ETF) | Around 0.02% | Lowest fee, though the difference is very small in dollar terms. www.kiplinger.com |
| SPY (SPDR S&P 500 ETF Trust) | About 0.09% | Best for active traders because of its massive trading volume, but not usually the best buy-and-hold choice. www.kiplinger.comwww.etf.com |
For most investors:
For example, on a $100,000 investment:
That's only about $10 annually, so factors like your brokerage, automatic investing features, and convenience often matter more than the last basis point.
If you're investing for retirement and simply want to "buy and hold" for decades, VOO is the choice I'd recommend for most people.
If you tell me:
I can suggest the ETF that best fits your specific situation.
When choosing an S&P 500 ETF, the short answer is that VOO, IVV , and SPYM are virtually identical in performance because they all track the exact same index. The right choice comes down to your expense ratio (fees) and how you plan to trade.
The top S&P 500 ETFs compare as follows:
Summary Recommendation
Are you planning to hold this in a taxable brokerage account or a retirement account (like an IRA) , and which brokerage platform are you using?