In the past year, QQQ returned a total of 24.57%, which is slightly higher than SPY's 23.53% return. Over the past 10 years, QQQ has had annualized average returns of 18.38% , compared to 13.08% for SPY. These numbers are adjusted for stock splits and include dividends.
Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. Those of you that have flipped on CNBC either on purpose or by accident sometime in the past two years may know those companies as the so-called Magnificent Seven, or “Mag 7” in Wall Street-speak.
Who owns SPY? SPY is owned by its investors — the shareholders of the fund. When you buy shares of SPY, you become an owner of the fund and are entitled to a share of the fund's assets and earnings.
Buy and hold SPY in a portfolio to potentially capture long-term growth. SPY can help you get in and out of markets fast, easily, and at a relatively attractive cost. With SPY, you can stay invested in the broad US equity market while you determine your next investment move.
VOO, an exchange-traded fund issued by the Vanguard Group which tracks the S&P 500.
Apple Inc. Amazon.com, Inc. Meta Platforms, Inc. Alphabet Inc.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains.
NVDA sits at a Zacks Rank #2 (Buy), holds a Momentum Style Score of A, and has a VGM Score of B. The stock is down 5.9% and up 1.2% over the past one-week and four-week period, respectively, and Nvidia has gained 148.4% in the last one-year period as well.
VOO Dividend Information
VOO has a dividend yield of 1.25% and paid $6.71 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Dec 23, 2024.
The Standard and Poor Depositary Receipts (SPDR) S&P 500 ETF is an exchange-traded fund that tracks the S&P 500 stock market index. The SPDR S&P 500 ETF is listed on the New York Stock Exchange and trades under the ticker symbol SPY. The SPY's price tracks the S&P 500 index.