0x6a74 - .. is there an advantage to Vanguard index fund over SPY?Probably depends if it's in a tax deferred account or not. VGINX @ year end will probably have short and/or long term capital gains. So in a taxable account you'll pay taxes on those @ ordinary income tax rates.On the ETF SPY you'll get qrtly dividends and depending on your tax rate you could pay 0% to 39.x% on them. And no cap gain/loss until sold.If you compare Vanguard's S&P ETF, VOO to SPY they're almost identical. VOO shows a very slight out-performance sometimes and I think this is because the VOO expense ratio is about half of SPY's ER (0.05% vs 0.10%). Again, negligible.
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