Vanguard VOO surpasses SPY with $1 trillion in assets

Vanguard VOO reached $1 trillion in net assets on June 3, overtaking SPY which holds $781 million. VOO has 0.03% expense ratio versus SPY's 2.52%, with VOO holding 505 S&P 500 stocks. Both funds delivered 79.17% and 79.15% returns over five years. VOO's annualized return is 15.2% since 2010. VOO is now the largest ETF globally.