Does VOO have higher fees than SPY?

The fee structures for VOO and SPY are different, with VOO having lower expense ratios than SPY. Here's a comparison of the fees for these two ETFs:

1. VOO Expense Ratio: The expense ratio for VOO is 0.04%, which is significantly lower than the average U.S. stock fund expense ratio of 0.54%.
2. SPY Expense Ratio: The expense ratio for SPY is 0.0945%, which is higher than VOO's expense ratio.

In summary, VOO has a lower expense ratio compared to SPY, which means that VOO has lower fees and can potentially offer better returns to investors over the long term.