VXF - Going Into June SPY Or VXF Which Is The Better Buy? (Technical Analysis)
2024-06-01 03:54:26 ET
Summary
- I use technical analysis to compare the SPDR S&P 500 ETF and the Vanguard Extended Market ETF.
- SPY is currently bullish, trading above its 10-month EMA and reaching new all-time highs.
- VXF is also bullish, but has not surpassed its previous month's close and has a ways to go before reaching a new high.
In this article I am going to outline my thoughts on where I am allocating money as the summer months approach. I will be using technical analysis to determine if it is better to invest in the SPDR S&P 500 ETF ( SPY ) or the Vanguard Extended Market ETF ( VXF ). Most people know that investing in SPY is investing in the S&P 500 index . The biggest companies. Investing in VXF is investing in small and mid-cap companies , not the biggest capitalization companies which SPY owns. The technical tools I will use are a monthly price chart with the 10-month exponential moving average (EMA), and monthly relative strength chart comparing the performance of SPY to VXF. First I will analyze SPY in isolation....
Going Into June, SPY Or VXF, Which Is The Better Buy? (Technical Analysis)