The S&P 500 (or the Standard & Poor's 500 Index) is a market-capitalization-weighted index. It consists of 500 of the largest publicly-traded companies in the U.S.
Since it's famous for being the best gauge of large-cap U.S. equities, it is quite the shot for people who wish to invest. ETFs are exchange-traded funds, and it follows such an index.
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To understand an S&P 500 ETF, you should look at the S&P 500 as the first index fund benchmark and even the first ETF. Thus, the S&P 500 ETF offers a broad diversification for those who would invest in it.
An S&P 500 is an affordable way for investors to gain diversified exposure to the U.S. stock market. While it became volatile due to the pandemic that started in the past year, it remains an excellent option for all kinds of investors.
The market has an array of SP500 ETFs to choose from if you plan on investing in this ETF. There's no telling which is the best, but the list below filters out your best options if you plan on going for this ETF.
As always, the list filters out the best performing SP500 ETFs around. In the end, it would be on you to choose the SP500 ETFs.
The SP500 ETF is a good investment since it offers the opportunity to share a wide range of stocks through diversification. Thus, both beginners and experienced investors would find this ETF handy at all times.