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I want to allocate 10% of my income to the S&P 500. Insure stable growth over time. For this purpose, I opened a Robinhood account and looked up S&P.....oh boy there is like gazillion of S&P 

SPY
IVY
VOO
SPXL
XBI
SDS
SSO
SPGI
SPXU

Which one is the true and only S&P 500 that I can start investing 10% of my income? Which one is stable, reliable, consistent?

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2 Answers 2

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The S&P 500 is just an index - a list of specific stocks, it is not an investible instrument. What you are finding are some ETFs that track the S&P 500's returns, as well as ETFs that track other indices (like the Dow Jones US Index) and other variants or segments of the S&P 500 (e.g. XBI is specific to Biotech).

Of the ones you list, SPY, IVV, and VOO should track the actual S&P 500 index the closest. They are 3 ETFs created by different companies that are designed to mimic the index.

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Only SPY, IVV, and VOO are "true and only".

If you are holding it for years, they are equally "stable, reliable, consistent".

If you sometimes buy/sell at extreme volatility, e.g. Market Order on Open, SPY is more consistent intra-day, at slightly higher expense.

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