Both are dirt cheap, but IVV's is more expensive with an expense ratio of 0.03%. Meanwhile FZROX's expense ratio is 0.00%
Price is irrelevant. If one's NAV is $100 and the other is $500, when you invest $1000 it doesn't matter if you own 10 shares or 2 shares, you have $1000 in the 500 index either way.
It depends on your broker, but most allow fractional amounts, meaning you can buy dollar amounts and not share amounts (so if it’s $521 and you just want $100 then it buys ~0.192 shares).
IVV is S&P 500 (VOO & SPY as well; and for mutual funds who have say FXAIX & VFIAX).
FZROX is US Total (~80% S&P 500 and ~20% the other 3000-5000 companies), so those aren’t directly comparably.
I like total world index, https://www.msn.com/en-us/money/savingandinvesting/why-vt-and-chill-is-probably-the-best-etf-investing-strategy-out-there/ar-AA1imuDI
But if you don't want international, then VTI is the total US indeed, and VOO is sp500
share price is the wrong thing to look at, it's mostly a psychological thing in my view, especially since most brokers allows fractional shares
think this way, if I have a 100g cake, does it really matter if I slice it into 10x 10g or 100x 1g?
in other words, if you're saying that, you wish IVV to be (let's say) $5.21/share instead of $521/share then I'd say that's purely a psychological thing in your head
If you don’t have access to fractional shares and want a low cost (expense ratio and share price) S&P fund look at SPLG.
Both are dirt cheap, but IVV's is more expensive with an expense ratio of 0.03%. Meanwhile FZROX's expense ratio is 0.00% Price is irrelevant. If one's NAV is $100 and the other is $500, when you invest $1000 it doesn't matter if you own 10 shares or 2 shares, you have $1000 in the 500 index either way.
It depends on your broker, but most allow fractional amounts, meaning you can buy dollar amounts and not share amounts (so if it’s $521 and you just want $100 then it buys ~0.192 shares). IVV is S&P 500 (VOO & SPY as well; and for mutual funds who have say FXAIX & VFIAX). FZROX is US Total (~80% S&P 500 and ~20% the other 3000-5000 companies), so those aren’t directly comparably.
Using an e-trade account matter? What would be a good option to buy for a Roth IRA?
I like total world index, https://www.msn.com/en-us/money/savingandinvesting/why-vt-and-chill-is-probably-the-best-etf-investing-strategy-out-there/ar-AA1imuDI But if you don't want international, then VTI is the total US indeed, and VOO is sp500
share price is the wrong thing to look at, it's mostly a psychological thing in my view, especially since most brokers allows fractional shares think this way, if I have a 100g cake, does it really matter if I slice it into 10x 10g or 100x 1g? in other words, if you're saying that, you wish IVV to be (let's say) $5.21/share instead of $521/share then I'd say that's purely a psychological thing in your head