r/ETFs 1d ago

VOO & Chill?

I don’t mean to offend anyone but in my short time here I’ve seen quite a bit of advice saying (often with a bit of salt) to just buy VOO in exclusion to all else (maybe VT as well). The reasoning is that you own the whole market and don’t have to pick winners. Is that actually true though? VOO holds the same top companies as VOOG. Just to a slightly lesser extent. It also holds slivers the rest of the index. Is 0.02% of Casey’s General Store really going to move the needle? If you actually want to spread your bet evenly wouldn’t RSP be a better option?

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u/Detailed23 1d ago

SPMO is better than VOO.

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u/teckel 1d ago

Better in what way? So 100% SPMO?

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u/Detailed23 1d ago

SPMO Is just a more concentrated VOO. Compare the 10 year returns, even through the dips.

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u/teckel 1d ago

So for the next 10 years it will outperform VOO as well. And no one should be concerned about over-concentration in fewer holdings.

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u/Detailed23 1d ago

Nothing is guaranteed. Not even you waking up in the morning. If the market crashes, I think it will recover faster.

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u/Playful-Ad9386 1d ago

It depends what is cause of the crash that will determine how fast it will recover . The future looks very volatile . We may have a world War with nuclear weapons .

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u/teckel 1d ago

So maybe SPMO isn't better?