Cheap ETFs suck billions from bigger siblings
The world's largest ETF, the $387 billion SPDR S&P 500 Trust, continues to fall victim to the trend as money managers gravitate to its lower-cost clone.
Attracted to cheaper alternatives, a cohort of Wall Street investors are increasingly eschewing the most liquid products on the planet.
The world’s largest and famously easy-to-trade ETF — the mighty $387 billion SPDR S&P 500 Trust (SPY) — continues to fall victim to the trend this year
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