opening a brokerage through fidelity. wanting to invest in the s&p 500.
as much as i want to go with vanguard etfs after reading the simple path to wealth & the little book of common sense investing... spym has them beat on the expense ratio (0.02% vs. 0.03%).
(i know fidelity offers fxaix at 0.015%, but i think i want flexibility to transfer away from fidelity if i need to down the line.)
anyways - i've read that spym (formerly splg) used to track the russell 1000 until 2020 or so, and then switched to the s&p 500.
if i go all-in with spym, do i run the risk of my portfolio flipping to a different index somewhere within the next 30 years?