Latest news with #IVV
Yahoo
31-07-2025
- Business
- Yahoo
ETF Sales: A Tale of Bitcoin and the S&P 500
Looking at ETF sales at two asset management giants, you'd think they're from different worlds. Flows at BlackRock were all about Bitcoin during the second quarter, while sales at Vanguard reflected demand for US equity. BlackRock's iShares Bitcoin Trust ETF (IBIT) has become the fastest-growing exchange-traded fund ever, raking in $12.3 billion in that time, currently representing more than $87 billion in total assets, a report this week from Morningstar shows. Meanwhile, Vanguard's S&P 500 ETF (VOO) brought in $25 billion. While investors seemed to pull back from large cap US equity in iShares' line, the opposite was the case for Vanguard. That has a lot to do with the types of clients the firms attract, said Morningstar's Daniel Sotiroff, one of the authors of the paper. 'People are buying VOO because it's a forever fund,' he said. READ ALSO: Crypto ETFs Get Major Relief From SEC and Why Goldman Sachs Jumped Back into Lead Market Making Different Strokes Assets in the ETF, Vanguard's largest, are now over $714 billion, while the broader strategy, which includes mutual fund share classes, sits at more than $1.5 trillion. Investors buy that fund for different reasons than the SPDR S&P 500 ETF Trust (SPY) or the iShares Core S&P 500 ETF (IVV), Sotiroff said. Flows in and out of SPY seem to correlate more with performance, while those for IVV seem to be somewhere between SPY and VOO, he said. In IVV's case, about $15 billion evaporated from the fund in Q2, at least a small part of which appears to be due to BlackRock's model portfolios shifting allocations, as about $4 billion flowed into the US iShares Thematic Rotation Active ETF (THRO), the report noted. Additionally, 'since IVV is so large and so liquid, I have to imagine there are people out there using it for other tactical reasons,' Sotiroff said. Invest in Gold Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation One advisor said that recent ETF decisions have been all about taxes. 'We've maintained ETF positions largely in dividend-paying strategies and funds with high turnover, where using ETFs helps us avoid large capital gain distributions,' said Sean Beznicki, director of investments at VLP. 'This structure has been particularly useful in managing tax exposure while maintaining desired allocations.' While some of the flows at Vanguard and BlackRock show performance chasing, none of the top-selling ETFs at those firms were among the best performers during Q2. A separate Morningstar report found the best returns at two ARK ETFs and others: The ARK Innovation ETF (ARKK) returned nearly 48% during Q2, while the ARK Space Exploration & Innovation ETF (ARKX) returned 36%. The TCW Transform Systems ETF returned over 29%, and the Franklin Focused Growth ETF returned nearly 26%. I Bet on IBIT: While it's hardly a clear-cut case of Bitcoin vs. the S&P 500 in ETF land, there are some unusual things happening, Sotiroff said. Investors have tended to buy IBIT while Bitcoin is on a hot streak, but they aren't really selling when it's down. 'It's like people buy in and hold,' he said. 'It's very odd. I've never seen a pattern like that before.' This post first appeared on The Daily Upside. To receive exclusive news and analysis of the rapidly evolving ETF landscape, built for advisors and capital allocators, subscribe to our free ETF Upside newsletter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
Gimme an S&P 500 ETF, Hold the Dividends
A new ETF is putting the 'end' in 'dividend.' The Roundhill S&P 500 No Dividend Target ETF, which began trading earlier this month, accomplishes that by moving its holdings from one underlying index exchange-traded fund to another, just ahead of dividend payments, intending to avoid them altogether. It's a strategy for investors who don't want the tax consequences of dividends paid out by S&P 500 stocks. 'Prior to and since XDIV's launch, we've received a significant number of inquiries from a wide range of ETF investors, including direct retail, financial intermediaries and institutional investors,' said Dave Mazza, CEO of Roundhill Investments. 'Over the longer term, we believe that institutional investors, particularly non-US investors, will find the greatest value in the benefits of this innovation.' READ ALSO: Why the SEC Delayed In-Kind Redemptions for Crypto ETFs and ETF Wave Hasn't Crested Yet, Tidal Co-Founder Says Axing the Taxing ETFs, already valued for their tax benefits, have seen a few developments recently that extend such perks. For the very wealthy, several companies have rolled out products that take advantage of 351 exchanges, where assets in stocks with years of built-up capital gains can be transferred to ETFs on a tax-deferred basis. The Roundhill fund is different, though, with a focus on minimizing taxable income by sidestepping dividends. Having such a strategy in the already tax-efficient wrapper of an ETF makes sense, said Chris Chen, owner of Insight Financial Strategists. 'Stocks will tend to go down on the ex-dividend date. Therefore it may make sense to sell it before it goes ex-dividend and buy it back right afterwards, after it has gone down,' he said. A few details about the Roundhill S&P 500 No Dividend Target ETF: It is designed to rotate among different S&P 500 ETFs, including the iShares Core S&P 500 ETF (IVV), SPDR S&P 500 ETF Trust (SPY) and Vanguard S&P 500 ETF (VOO). Currently, 99.99% of its assets are in the SPDR Portfolio S&P 500 ETF (SPLG), though it may invest in more than one ETF at a time. It's actively managed, with gross fees at 21.5 basis points, though waivers bring the net expenses down to 8.49 bps. Friends with Dividends: Recent research sponsored by Vanguard found benefits to investing in dividend-paying stocks. Researchers found that 74% of the time, dividend-stock owners reinvest their dividends rather than pocketing the money. Further, such investors tend to stick with dividend-paying stocks because they see the companies as being fiscally responsible. 'Equity income investors enjoy the utilitarian benefits of returns on their funds, but also the expressive and emotional benefits that accompany perceiving the companies whose stocks they hold as more trustworthy and caring,' the authors wrote. This post first appeared on The Daily Upside. To receive exclusive news and analysis of the rapidly evolving ETF landscape, built for advisors and capital allocators, subscribe to our free ETF Upside newsletter. Sign in to access your portfolio
Yahoo
09-07-2025
- Business
- Yahoo
IVV Is a Great Choice for Most, but I Like SPLG ETF Better
Low-cost index funds are one of the best ways investors can buy a diverse array of stocks. The IVV is a popular method to track the S&P 500, but there's another one I like just a little better. 10 stocks we like better than SPDR Series Trust - SPDR Portfolio S&P 500 ETF › It can be fun to do all the research, pick some great stocks, and then watch the outsized returns that all your hard work produced roll in. But some investors don't necessarily find "hard work" to be fun. For those investors, one of the best ways to get richer is to choose a quality, low-cost index fund to do the hard work for them. Even Warren Buffett, the legendary CEO of Berkshire Hathaway and one of the best stock pickers on the planet, famously endorses index funds as a great option for the average investor. In his 2013 letter to shareholders, Buffett wrote that his will specifies how his money should be invested after his death: "My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. ... I believe the trust's long-term results from this policy will be superior to those attained by most investors -- whether pension funds, institutions or individuals -- who employ high-fee managers." Buffett believes that professional fund managers should try to beat the S&P 500, but individual investors should look at these low-cost exchange-traded funds (ETFs) as the best way to grow their wealth. One of the most popular index funds that tracks the S&P 500 is the iShares Core S&P 500 ETF (NYSEMKT: IVV). And it's a really good fund. But I think there's one out there with some subtle differences that is even better: the SPDR Portfolio S&P 500 ETF (NYSEMKT: SPLG). If I had to choose one index fund, SPLG is at the top of my list. Here's why. The SPLG ETF strives to mimic the performance of the S&P 500, which tracks the 500 top companies that are listed on U.S. stock exchanges. The S&P 500, like the Dow Jones Industrial Average and the Nasdaq Composite, is considered a bellwether on the overall health of the economy and the stock market. The ETF has 503 equity holdings currently because a few of the 500 companies include multiple classes of stock. SPLG is a market-cap-weighted fund, which means that companies with the largest market capitalization have a higher weighting. Top 10 Holdings SPLG Portfolio Weight IVV Portfolio Weight 1. Nvidia 7.3% 7.26% 2. Microsoft 6.96% 6.91% 3. Apple 5.99% 6.01% 4. Amazon 3.96% 3.94% 5. Meta Platforms 2.93% 2.93% 6. Broadcom 2.43% 2.4% 7. Alphabet (Class A) 1.96% 1.97% 8. Berkshire Hathaway (Class B) 1.67% 1.67% 9. Tesla 1.66% 1.68% 10. Alphabet (Class C) 1.59% 1.60% Data sources: Morningstar, author research. IVV is also a market-cap-weighted fund, so as you can see on the chart, its holdings are nearly identical because it's built the same way. The only real difference in the top 10 is that Tesla comes in at No. 9 with the SPLG, and at No. 8 with the IVV. That's probably just a matter of one fund balancing a little quicker than the other, but the difference is negligible and doesn't factor into my final conclusion. My choice comes down to which ETF is cheaper to buy, hold, and sell. The IVV has a low expense ratio of 0.03%, or $3 annually per $10,000 invested. That's a good price and what you would expect from any quality index fund. But the SPLG is just a little bit better. Its expense ratio is 0.02%, so you're going to pay a little less in annual management fees. And those dollars tend to add up when you are paying them every year and building a portfolio that reaches into the millions. And here's one more factor that's in SPLG's favor: the bid-ask spread, which is essentially the difference between what buyers want to pay and what sellers want to receive. The SPLG has a bid price and ask price (at this writing) of $73.16. You can't get more efficient than a perfect match. Meanwhile, the IVV has a bid of $623.45 and an ask of $623.50, meaning there's a $0.05 spread on the transaction. When the asking price is higher than the bid price, you lose a little bit of money every time you buy. That's not a big deal if you are a set-it-and-forget-it investor, but if you're a day trader or a fund manager, those pennies add up quickly. So, I prefer the more efficient ETF, the SPLG. To be honest, you can't go wrong with either of these ETFs. I'm not suggesting that anyone sell their shares of IVV. But for me, the SPLG is a hair better and wins this comparison. Before you buy stock in SPDR Series Trust - SPDR Portfolio S&P 500 ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and SPDR Series Trust - SPDR Portfolio S&P 500 ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,764!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $980,723!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Patrick Sanders has positions in Nvidia. The Motley Fool has positions in and recommends Alphabet, Apple, Berkshire Hathaway, Meta Platforms, Microsoft, Nvidia, and Tesla. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. IVV Is a Great Choice for Most, but I Like SPLG ETF Better was originally published by The Motley Fool
Yahoo
08-07-2025
- Business
- Yahoo
BlackRock iShares Bitcoin ETF Surges Past 700K BTC in Record-Breaking Run
BlackRock's iShares Bitcoin Trust (IBIT) now holds 700,000 bitcoin (BTC), according to Glassnode data, and has amassed $76 billion in assets under management in just 18 months, outstripping both the iShares Core S&P 500 ETF (IVV), which tracks the U.S. equity benchmark, and iShares Russell 2000 ETF (IWM), which tracks the performance of small-cap U.S. stocks. The figures beats the 600,000 BTC held by Strategy (MSTR), which started purchases in 2020, and compares with Fidelity FBTC's 203,000 BTC and Grayscale GBTC's 184,000 BTC. 'New milestone, iShares Bitcoin ETF now holds over 700,000 BTC. 700,000 Did this in 18 months. Ridiculous,' Nate Geraci, president of The ETF Store, commented in a post on X. The U.S. spot bitcoin exchange-traded funds (ETFs) debuted in January 2024 and have become the most successful ETF introductions of all time. Since inception, they have attracted $50 billion in net inflows. IBIT is now the third highest revenue-generating ETF for BlackRock across all its ETF products. Senior Bloomberg ETF analyst Eric Balchunas noted that BlackRock operates a total of 1,197 funds. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
BlackRock's Crypto ETF Tops Massive S 500 Fund in Fees
After a year and a half on the market, BlackRock's spot Bitcoin ETF—the iShares Bitcoin Trust (IBIT)—has edged past the firm's largest exchange-traded fund in fee generation, underscoring the crypto product's historic success. In a case of the hare beating the tortoise, the $74.9 billion IBIT is topping the $623.8 billion iShares Core S&P 500 ETF (IVV), even though it holds one-eighth of the older fund's assets. According to calculation, as of July 3, IBIT hauls in $187.2 million annually, narrowly beating the $187.1 million generated by IVV. IBIT has become a growth engine as BlackRock, the world's biggest ETF issuer, taps into soaring demand for cryptocurrency investments that are rapidly moving into the mainstream. IBIT began trading with 10 other spot Bitcoin ETFs in January 2024, becoming the biggest among the group as well as the fastest-growing ETF in history. IBIT brings in more revenue by leveraging its 0.25% management fee, which is more than six times the 0.03% fee levied by IVV. IBIT has pulled in $52.4 billion in net flows since it launched, with the remainder of its assets resulting from the rising Bitcoin price. Bitcoin has gained 81% over the past year, according to CoinMarketCap, steadily gaining since October and hitting an all-time high of about $112,000 in late May. IVV, of course, is no slouch. The third-largest U.S. ETF recently passed 25 years on the market, and some analysts expect it will surpass the $633.5 billion SPDR S&P 500 ETF Trust (SPY) and move into the No. 2 position. Still, IVV fee generation has been muted thanks to the fund's net inflows of $2.9 billion so far this year. Over the same period last year, it hauled in $30.5 billion. IBIT has a net inflow gain of $15.1 billion so far this year. IBIT vs. IVV—Source: & FactSet data IBIT isn't currently iShare's top fee generator. It appears headed for that distinction, which would put it among the world's top revenue-generating | © Copyright 2025 All rights reserved Sign in to access your portfolio
