Re:Coinbase Index Fund
by techman9 on Tuesday March 06, 2018 @08:43PM
(#16533709)
To be fair, it's market cap weighted. You could just buy every stock on the S&P too, but lots of investors prefer VOO.
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You can't easily go buy a fraction of every stock in the S&P 500 whereas I can easily go buy a fraction of the coins in the Coinbase index. This means it is easy for me to go turn $100 into a market cap weighted index of the 4 coins on Coinbase, but it would be impossible for me to go turn $100 into fractional shares of all the companies in the S&P 500.