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00:00So for those of you that want to buy in at a little bit cheaper and you don't have the option
00:04of being able to do fractional shares wherever you're investing, this one is a very solid option.
00:09Don't want to spend $450 per share like Vu. SPLG is at about $55 per share instead. SPLG is the
00:18SPDR Portfolio S&P 500 ETF. This one has a super low expense ratio of 0.02%. It had a return last
00:27year of 26.24%. The dividend yield here is 1.4%. Now if you notice this is the second S&P 500 fund
00:36from SPDR. Why in the world would they have one fund that tracks the S&P 500 and another one that
00:42tracks the S&P 500 but is just cheaper and has a lower expense ratio? Basically for that reason,
00:48to compete on cost. Very similar to how Invesco has QQQ and then just came out with QQQM as the
00:56cheaper alternative but invests in the same thing.
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