Ep 28: $AAPL Stock Impacts & Tools to Compare ETFs ($VOO vs $VTI)

Let's talk about what's going on with the $AAPL stock and also learn how to compare ETFs, like $VTI vs $VOO, with a tool! You'll want to watch the video about 10 minutes in, but if you can't watch it, we do describe everything we're analyzing.

$AAPL Stock Is Down, But The Market Is Up?

We know that Apple is one of the biggest stocks or companies in the S&P 500, which is the index we use to measure the stock market (check out episode 2), so then how is $AAPL down 8% and the S&P 500 is up 8% year to date (March 7, 2024)?

Jargon Breakdown:

• Here's a refresher on Market Capitalization
• Magnificent 7 = Alphabet (NASDAQ: GOOG; GOOGL), Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla
• Indices/Index: The big 3 (S&P 500, NASDAQ, Dow Jones) are how we measure the stock market, but we mainly look at S&P 500 to see how the market is doing
• ETF = exchange traded fund (we have an episode on ETFs and Mutual Funds if you want a refresher).
• Fiscal Policy - the government using taxation and spending to influence the economy. We also talk about the CHIPS Act in regard to how fiscal policy can affect stock price.
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How to Compare ETFs or Other Securities:

Let's say you want to compare 2 different ETFs that you're interested in investing, which have similarities. We'll compare $VTI and $VOO ETFs using Merrill's Fund Story. You do have to have a Merrill account to use this tool. FINRA also has a free tool you can use called Fund Analyzer.