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Which S & P 500 ?
Investing strategy
Im new to investing, but I keep hearing everyone talking about investing into S&P 500 as a good option. When I searched the code theres several S&P 500 options? What’s the difference? Are they focusing on different sectors ? Is there one universal one everyone tends to choose ? Cheers
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Brenton Su
Asked on 18 January 2023
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Hi JD, great question – there are often many ETFs tracking the same or similar indexes.
One advantage of this is it makes it quite easy to compare things like fees, size of the manager or tax domiciles.
A disadvantage is it can be hard to make a decision when the things you’re comparing are very close or even the same, meaning your choice between them probably isn’t going to make a massive difference to the investment returns.
I haven’t been very helpful so far, sorry.
And if you talk to 3 different S&P500 investors chances are they’re investing in 3 different (but similar) options…
One way Pearler tries to help with your research is making public the combined investments of the community. We recently published this blog about the most invested, maybe it will help. https://pearler.com/explore/learn/blog/most-p...
Of course, you need to consider your position and needs before making a decision, but we hope this data is helpful.
Quick note: when you go to our invest > shares page the lists are set to rank by most invested, so this is always available for you.
Hope some of this helps
Nick
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