8 Best SP 500 ETFs of June 2024

Introduction

Exchange-traded funds (ETFs) are a popular investment vehicle for investors looking to gain exposure to a specific market or sector. ETFs track a basket of securities, such as stocks, bonds, or commodities, and offer investors the opportunity to diversify their portfolio with a single investment. The S&P 500 is a stock market index that tracks the performance of the 500 largest publicly traded companies in the United States. ETFs that track the S&P 500 provide investors with a convenient way to gain exposure to the overall U.S. stock market.

Best SP 500 ETFs

Here are the eight best SP 500 ETFs to consider for June 2024:

1. SPDR SP 500 ETF Trust (SPY)

* Expense ratio: 0.09% * Assets under management: $349.9 billion The SPDR SP 500 ETF Trust is the largest and most popular SP 500 ETF. It offers investors a low expense ratio and a high level of liquidity.

2. Vanguard S&P 500 ETF (VOO)

* Expense ratio: 0.03% * Assets under management: $221.4 billion The Vanguard S&P 500 ETF is a low-cost option for investors looking to track the S&P 500. It has a low expense ratio of 0.03% and a long track record of performance.

3. iShares Core S&P 500 ETF (IVV)

* Expense ratio: 0.03% * Assets under management: $195.9 billion The iShares Core S&P 500 ETF is another low-cost option for investors looking to track the S&P 500. It has a low expense ratio of 0.03% and a high level of liquidity.

4. Invesco QQQ Trust Series 1 (QQQ)

* Expense ratio: 0.2% * Assets under management: $141.3 billion The Invesco QQQ Trust Series 1 is a popular ETF that tracks the Nasdaq 100 Index. It offers investors exposure to the 100 largest non-financial companies listed on the Nasdaq stock exchange.

5. Schwab U.S. Large-Cap ETF (SCHX)

* Expense ratio: 0.03% * Assets under management: $84.4 billion The Schwab U.S. Large-Cap ETF is a low-cost option for investors looking to track the performance of large-cap U.S. stocks. It has a low expense ratio of 0.03% and a high level of liquidity.

6. Fidelity ZERO Large Cap Index Fund (FNILX)

* Expense ratio: 0% * Assets under management: $61.2 billion The Fidelity ZERO Large Cap Index Fund is a unique ETF that offers investors a 0% expense ratio. It tracks the performance of the Russell 1000 Index, which is a broad-based index of the 1000 largest U.S. stocks.

7. iShares Russell 2000 ETF (IWM)

* Expense ratio: 0.2% * Assets under management: $56.1 billion The iShares Russell 2000 ETF tracks the performance of the Russell 2000 Index, which is a broad-based index of the 2000 smallest U.S. stocks. It offers investors exposure to the small-cap segment of the U.S. stock market.

8. Vanguard Small-Cap ETF (VB)

* Expense ratio: 0.05% * Assets under management: $49.9 billion The Vanguard Small-Cap ETF tracks the performance of the CRSP US Small Cap Index, which is a broad-based index of the 1500 smallest U.S. stocks. It offers investors exposure to the small-cap segment of the U.S. stock market.