Here's why the SPY ETF is losing billions as IVV and VOO gain

Core Viewpoint - The SPDR S&P 500 Trust (SPY) ETF is currently the worst-performing ETF on Wall Street, having lost over $32 billion in assets this year [1] Group 1: Performance Comparison - SPY has experienced significant asset outflows, while the Vanguard S&P 500 (VOO) has seen an increase in assets [1] - The asset loss of SPY contrasts sharply with the performance of VOO, indicating a shift in investor preference [1] Group 2: Market Impact - The decline in SPY's assets reflects broader trends in the ETF market, where investors are gravitating towards more stable or better-performing options [1] - The performance of SPY may influence future investment strategies and asset allocation among institutional and retail investors [1]