FYI: Each of the three largest providers of U.S.-listed exchange-traded funds has a product tracking the S&P 500 Index, and you would think they’re all the same, right? In terms of performance, the answer is essentially yes (though fees slightly influence the outcome). Regarding recent asset flows, the disconnect is so huge it’s hard to believe we’re talking about the same product category.
Through Tuesday’s market close, the iShares Core S&P 500 ETF (IVV) from BlackRock was tops in asset inflows for the past one-month period with $4.3 billion, followed by the Vanguard S&P 500 ETF (VOO) with $2.6 billion, according to XTF.com. The granddaddy of all U.S. ETFs in terms of age and size, the SPDR S&P 500 ETF Trust (SPY) from State Street Global Advisors, had the largest one-month outflows of $12.4 billion.
Regards,
Ted
https://www.fa-mag.com/news/why-the-mighty-spy-etf-leads-the-league-in-outflows-51254.html?print
