Core Viewpoint - SPLG offers a lower expense ratio compared to SPY, making it more appealing for cost-conscious investors, while SPY provides greater liquidity and a longer track record, attracting institutional investors [1][3][9] Cost & Size Comparison - SPLG has an expense ratio of 0.02%, significantly lower than SPY's 0.09% [2][3] - As of November 10, 2025, both SPLG and SPY reported identical one-year returns of 13.8% and a dividend yield of 1.1% [2][7] - SPLG's assets under management (AUM) stand at $95.7 billion, while SPY's AUM is substantially higher at $693.7 billion [2][5] Performance & Risk Comparison - Over a five-year period, SPLG experienced a maximum drawdown of 24.48%, slightly better than SPY's 24.50% [4] - An investment of $1,000 in SPLG would grow to $1,912, while the same investment in SPY would grow to $1,911 [4] Holdings & Sector Breakdown - SPY holds 503 companies with a significant allocation to technology (36%), followed by financial services (13%) and consumer cyclicals (11%) [5] - SPLG mirrors SPY's sector allocation and leading holdings, providing similar exposure across 504 stocks [6] Investment Strategy Considerations - SPLG is recommended for long-term core positions due to its lower ongoing costs, while SPY is preferred for those needing maximum trading flexibility [9] - Both funds effectively track the S&P 500 index, but the choice between them should align with the investor's strategy and needs [9]

And we are back on halftime. Dom Chu is standing by with today's ETF edge. >> All right, so Frank, as third quarter earnings and economic data increasingly paint a picture of a fragmenting type market, where are investors themselves seeing the best opportunities in terms of where they're directing their money.Joining me now is Anna Palia, the chief business officer and global head of ETFs at State Street Global Advisors. They know a thing or two, I would say, Anna, about ETFs. You guys are one of the bigges ...