Expense Ratio for S&P 500 ETF slashed to 0.02%

Investing Strategies Retirement Investing
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intercst

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I’m not a subscriber, so it’s paywalled - which ETF specifically are they talking about?

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{{ State Street STT -1.22%decrease; red down pointing trianglelast month slashed the fee on its cheapest S&P 500 exchange-traded fund, known by ticker symbol SPLG, to 0.02%—making it less than a quarter of the cost of its popular SPY fund that tracks the same stocks. It is now the cheapest index fund in its class. A $1,000 investment in SPLG costs investors just 20 cents a year in fees. }}

intercst

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FXAIX, Fidelity’s S&P 500 fund has been 0.015 for years. 0.02 is 30% more expensive. :slight_smile:

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