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by blitzar 1472 days ago
jeez... fine so i rounded to the third decimal place (i am clearly retarded)

1:0.9994

You happy?

https://www.marketwatch.com/investing/fund/spy/holdings

And to further correct the reccord:

the equivalent would be the stable coin having $0.9994 in a bank account for every stable dollar they mint not $0 (the $0.0006 was really the important bit in all this)

1 comments

Yes, I agree with your self-assessment. Why don't you just read what sampling means?

https://www.investopedia.com/articles/investing/111715/how-v...

The very fund you linked is exactly not fully replicating. Meaning some of the stocks from the index aren't in it.

> Meaning some of the stocks from the index aren't in it.

Which stocks specifically? Their daily reporting has them owning every stock in the index.

https://www.ssga.com/us/en/intermediary/etfs/library-content...