Vanguards new cricket bat: V500 vs IVV

Vanguard has launched the Vanguard S&P 500 US Shares Index ETF (V500), which is essentially identical to BlackRock’s iShares S&P 500 ETF (IVV). Both track the same index, so what is the actual difference between V500 and IVV?For those with a long memory, the launch of V500 might bring to mind the Slazenger V-series cricket bats, famously used by Mark Waugh, which included the V500 model. But is Vanguard’s ETF as elegant as a Mark Waugh glance off the pads?Spot the DifferenceBoth V500 and IVV track the S&P 5 ...