
This 0.15% ETF captures 67% of S&P 500 gains while microcap stock trades at 27% discount
Key Points
- Legal & General's new S&P 100 UCITS ETF offers access to Ame...
The folks at Legal & General just dropped their S&P 100 UCITS ETF (SP1) into European markets with all the fanfare of a company that knows exactly what investors want: big American companies at a small price. With an expense ratio of 0.15%, this ETF gives you access to America's 100 largest blue-chip darlings while capturing roughly two-thirds of the S&P 500's market cap. It's like getting the highlight reel of American capitalism without paying for the director's cut.
The timing couldn't be more perfect, considering the S&P 500 just wrapped up August with a tidy 1.5% gain and hit fresh recor...
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