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.

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.

Episode Equity

Jessie's Questions

Episode Transcript