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Trump Accounts Are Open: 500,000 Signed Up in Days. Here’s What the 0.10% Fee Cap Actually Lets You Buy
['David Beren', 'Wed', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Quick ReadSPYM charges 0.02% versus VOO's 0.03%, delivering identical S&P 500 exposure at the lowest cost among Trump Account-eligible funds.
The Vanguard S&P 500 ETF (NYSEARCA:VOO) is the fund most retail investors reach for when they want the S&P 500 in one ticker.
Why VOO Became the DefaultAt a 0.03% expense ratio, VOO delivers tight tracking of the S&P 500 and carries the weight of Vanguard's brand recognition.
The iShares Core S&P 500 ETF (NYSEARCA:IVV) is the near-clone of BlackRock, with an identical 0.03% expense ratio and a 19.59% one-year return.
Both fit inside the Trump Account fee cap with room to spare.