SPLG: Ultra Low-Cost ETF For S&P 500 Exposure

Compounding Chef
144 Followers
(9min)

Summary

  • Warren Buffett's bet against hedge funds highlights the superiority of low-cost index funds, as his S&P 500 Fund outperformed despite early losses.
  • State Street's S&P 500 ETF SPLG offers even lower fees, making it an attractive option for retail investors seeking broad US equity exposure.
  • Long-term, low-cost index funds like SPLG outperform high-fee funds in the long run, emphasizing the importance of minimizing investment costs.

stock S and P 500 Index fund symbol is on wooden cubes in stack coins symbolizing that the S and P 500 Index is changing the trend, goes up instead of down. Business, S and P 500 concept.

Khanchit Khirisutchalual/iStock via Getty Images

Introduction

In a now famous bet against the hedge fund industry in 2008, Warren Buffett of Berkshire Hathaway (BRK.A) issued a challenge that was accepted by Protégé Partners LLC to outperform the S&P

This article was written by

Compounding Chef
144 Followers
Compounding Chef combines a business education background with professional experience in a variety of industries to find opportunities across the investing universe including… Media, Marketing, and Public Relations Travel, Tourism, Hospitality, Corporate Events, and Software as a Service. I have been managing the growth of personal and family assets for 15 years with the goal of building wealth that compounds for multiple generations. While I occasionally find short term opportunities in undervalued assets or special situations, I make an investment with the intent to buy and hold for 10 years or longer. I believe in the power of letting one’s winning ideas compound for years by… Reinvesting the growing dividends from well managed organizations, balancing current income with sustainable growth, seeking opportunities with substantial margin of safety and a wide moat, and taking advantage of short term fear to buy great assets at fair prices. My best ideas have been in REITs and dividend growth stocks, combining fundamental analysis with reasonable expectations of future cash flows. I do not seek to get rich quickly but build wealth that lasts. As a general rule for asset location, I look to hold dividend growth stocks in a taxable brokerage account and I use a Roth IRA for REIT and BDC investments.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About SPLG ETF

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate
Yield
Assets (AUM)
Compare to Peers

More on SPLG

Related Stocks

SymbolLast Price% Chg
SPLG
--
Compare

Trending Analysis

Trending News