Will the Vanguard S&P 500 ETF Invest in SpaceX Stock? It's Complicated.
Space Exploration Technologies (NASDAQ: SPCX), better known as SpaceX, has officially hit the market, and now that at least some of the hype has settled, many i
Space Exploration Technologies (NASDAQ: SPCX), better known as SpaceX, has officially hit the market, and now that at least some of the hype has settled, many investors are wondering what it might mean for their index funds and ETFs.
While SpaceX is not yet included in the S&P 500 (SNPINDEX: ^GSPC) for now, that could change. For those investing in the Vanguard S&P 500 ETF (NYSEMKT: VOO), here's what that might mean for your investment.
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Whether a particular ETF includes SpaceX depends on its underlying index. The stock recently joined the Vanguard Total Stock Market ETF, for example, which tracks the CRSP U.S. Total Stock Market Index and allows new stocks to enter after just five trading days.
SpaceX is also expected to soon join Invesco QQQ after the Nasdaq Composite (NASDAQINDEX: ^IXIC) changed its rules to allow fast entry into the Nasdaq-100 after 15 trading days.
The S&P 500 is a little different, thoug
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/vanguard-p-500-etf-invest-182000414.html)
Esta información no constituye asesoramiento de inversión. Consulte con un profesional antes de tomar decisiones financieras.