Top S&P 500 ETFs

For investors optimistic that the S&P 500 Index will recover after losing almost a fifth of its value since its record high in December, four ETFs offer exposure to the benchmark, which has advanced 10% from its recent low in October.

iShares Core S&P 500 ETF, Vanguard S&P 500 ETF, and SPDR Portfolio S&P 500 are tailored for investors seeking the lowest expense ratios. The SPDR S&P 500 ETF is designed for investors and active traders who want the most liquidity.

Some investors are optimistic that the S&P 500 Index is nearing a bottom after plunging this year amid global supply chain disruptions, inflation, and rate hikes. The 12-month trailing price-earnings ratio of the S&P 500 has fallen by a third in the past year, making many of these stocks cheaper. The price of options contracts that pay if the benchmark sinks another 10% recently fell to its lowest in five years, followed by the S&P 500's advance since reaching its 2022 low on Oct. 12.

We're taking a closer look at the four S&P 500 ETFs that give investors exposure to these trends. All numbers below are from VettaFi and as of Nov. 15, 2022.

S&P 500 ETF With the Lowest Fees: iShares Core S&P 500 ETF (IVV) (Tie)

Because index-tracking ETFs follow the performance of the S&P 500 index, one of the most important determinants of long-term returns is how much a fund charges in fees.

• Expense Ratio: 0.03%
• Performance Over One-Year: -13.5%
  
• Annual Dividend Yield: 1.25%
• Three-Month Average Daily Volume: 5,027,991
• Assets Under Management: $301.3 billion
• Inception Date: May 15, 2000
• Issuer: BlackRock Financial Management

S&P 500 ETF With the Lowest Fees: Vanguard S&P 500 ETF (VOO) (Tie)

• Expense Ratio: 0.03%
• Performance Over One-Year: -13.5%
  
• Annual Dividend Yield: 1.24%
• Three-Month Average Daily Volume: 4,660,559
• Assets Under Management: $272.9 billion
• Inception Date: Sept. 7, 2010
• Issuer: Vanguard

S&P 500 ETF With the Lowest Fees: SPDR Portfolio S&P 500 ETF (SPLG) (Tie)

• Expense Ratio: 0.03%
• Performance Over One-Year: -13.4%
  
• Annual Dividend Yield: 1.24%
• Three-Month Average Daily Volume: 4,045,745
• Assets Under Management: $15.1 billion
• Inception Date: Nov. 8, 2005
• Issuer: State Street
  

Most Liquid S&P 500 ETF: SPDR S&P 500 ETF (SPY)

Liquidity indicates how easy it is to buy or sell an ETF, with higher liquidity generally translating to lower trading costs. While trading costs aren't a concern for investors holding ETFs long term, traders favor high-liquidity funds to minimize costs.

• Expense Ratio: 0.09%
• Performance Over One-Year: -13.5%
• Annual Dividend Yield: 1.22%
• Three-Month Average Daily Volume: 89,537,112
• Assets Under Management: $377.7 billion
• Inception Date: Jan. 22, 1993
• Issuer: State Street

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