VCR - S&P 500 has it's worst daily performance in a month pulling down the market tracker ETFs
The S&P 500 dropped 0.70% on Tuesday’s trading session, its worst single-day performance in a month. The selloff brought down with it some of the largest market-tracking exchange traded funds. SPDR S&P 500 Trust ETF (NYSEARCA:SPY), iShares Core S&P 500 ETF (NYSEARCA:IVV), and Vanguard S&P 500 ETF (NYSEARCA:VOO), which all track the S&P 500 and have a combined $904.14B in assets under management, all traded to the downside. On the plus side, the selloff was only the sixth down day out of the last 21 sessions. Tuesday's price action: SPY -0.66%, IVV -0.68%, and VOO -0.66%. SPY: $389.97B AUM, an expense ratio of 0.09%, and a YTD performance of +19.56%. VOO: $212.67B AUM, an expense ratio of 0.03%, and a YTD performance of +19.57%. IVV: $301.50B AUM, an expense ratio of 0.03%, and a YTD performance of +19.57%. The Direxion Daily S&P500 Bull 3X Shares (NYSEARCA:SPXL) which is a 3X leveraged S&P 500 fund found itself in even
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S&P 500 has it's worst daily performance in a month, pulling down the market tracker ETFs