Why is S&P 100 ETF (ishare OEF) far less popular than SPY and QQQ
Posted: Jul 04, 2024
- OEF (iShares S&P 100 ETF) has net assets of $12.25B - QQQ (Nasdaq 100 ETF) has net assets of $270.07B - SPY (S&P 500 ETF) has net assets of $533.35B - OEF has more growth potential than SPY and less tech risk than QQQ - Question raised on why OEF is less popular than QQQ and SPY despite these factors - Most active stocks include NVIDIA Corp, Tesla Inc, Sirius XM Holdings Inc, Nio Inc - ADR, Rivian Automotive Inc, and Apple Inc - S&P 500 hit a new peak - ETFs such as iShares S&P 100 ETF, SPDR S&P 500 ETF Trust, Invesco S&P 500 Top 50 ETF, Vanguard Mega Cap Growth Index Fund ETF, Vanguard Growth Index Fund ETF, SPDR Dow Jones Industrial Average ETF Trust, Vanguard Mega Cap Index Fund ETF, and others are performing well - Stock Traders Daily discusses investment analysis on OEF ETF - Various other companies like Amazon, Alibaba, Intel, and Microsoft are also discussed
🚨 Reddit sentiment: mixed/negative - While there are some neutral and factual comments, the majority highlight concerns and negative aspects of OEF such as higher expenses, lower dividends, underperformance over a longer period, and liquidity issues. Summarized comments: - OEF has a significantly higher expense ratio and lower dividend compared to SPY - OEF has outperformed in the last 5 years due to megacap stocks but has underperformed the S&P500 since its inception - Liquidity concerns are present for OEF - SPY and QQQ are the most liquid ETFs and a default choice for investors - OEF's tech exposure is lower, which could mean less tech upside - There is also XLG which represents the top 50 companies in the U.S. by market cap Stock tickers discussed: $OEF, $SPY, $QQQ, $XLG, $FNGU
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