Reply To: Less expensive SPY equivalent

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Heather Cullen

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#23271
Vern Tallman
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State Street Advisors (Administrator of SPYG & SPLG) has renamed SPLG –> SPYM.

SPYM represents the same portfolio as SPY, just administered by another company. They track the same (actually SPYM has slightly lower adminstrative costs. And, as previously indicated, LEAPs are available.

Current prices: SPY … $686 SPY … $81

Other S&P 500 ETFS: VOO … $630 IVV … $689

Noteworthy – SPY has an administrative cost of 0.09% while SPYM is 0.02%

Heather Cullen

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