SPDR S&P 500
The guru purchased 39,400 units of the exchange-traded fund
Vanguard S&P 500
The renowned investor bought 43,000 units of the ETF,
WB bought S&P index fund SPY and VOO
Indexing still has a role in your portfolio, Cramer said. In particular, a low-cost index fund that mirrors the S&P 500 should be the “bedrock of your retirement account,” he explained.
The overall S&P 500 index works because the S&P 500 is itself an actively managed fund, Cramer said.
By index fund, I have always meant S&P index
This is another reason to own smaller companies that aren’t in SPY. They’ll often be in other indexes, but the volume is tiny. Most of the volume is individual shares not ETF trading.