Best ETFs – iShares Core S&P 500 (IVV)
According to industry research and consultancy firm ETFGI, iShares ETFs topped the list of best ETFs in terms of inflows, with a whopping $57.3 billion of inflows year-to-date through the end of November.
A key fund in its global market share dominance is the iShares Core S&P 500 ETF (IVV). IVV is the iShares version of an S&P 500 ETF, and it managed net inflows of $3 billion in November alone.
The big difference between IVV and the SPDR S&P 500 ETF (SPY) is that iShares reinvests dividends earned by the underlying stocks daily. SPY, as a unit investment trust, can only do so quarterly … creating a cash drag. In 2013 that cost SPY investors approximately 73 basis points performance and helped the IVV make the list of the year’s best ETFs.