Vanguard S&P 500 ETF (VOO)
The Vanguard S&P 500 ETF (VOO) tracks the S&P 500 Index, providing broad exposure to 500 of the largest U.S. publicly traded companies. It is one of the world’s largest and most cost-efficient ETFs.
Key Facts
| Field |
Value |
| Ticker |
VOO |
| Issuer |
Vanguard |
| Inception Date |
September 7, 2010 |
| Expense Ratio |
0.03% |
| Benchmark |
S&P 500 Index |
| Asset Class |
U.S. Large-Cap Equity |
| AUM |
~$995.5B |
| Dividend Frequency |
Quarterly |
| Number of Holdings |
505 |
| P/E Ratio |
28.1x |
| Median Market Cap |
$474.5B |
| Structure |
Open-End ETF |
Latest Market Data
| Metric |
Current value |
| Product type |
ETF |
| ETF market price (USD) |
$707.54 |
| Observation date |
2026-10-02 (US Eastern Time) |
| 52-week range (USD) |
$578.46 – $716.39 |
| Adjusted-close return over retrieved year |
+16.32% |
| Annualised observed return |
+16.38% |
| Annualised daily volatility |
12.97% |
| History window |
2025-10-03 to 2026-10-02 |
| Daily observations |
251 |
Source: Yahoo Finance, retrieved 2026-10-05. ETF market prices differ from NAV. Return is computed from adjusted closes; annualisation uses 365.25 divided by elapsed calendar days. Volatility is the sample standard deviation of daily simple adjusted-close returns multiplied by √252. These are historical observations, not forecast returns. Key facts, holdings, sector weights and other older analysis retain their original source dates and were not refreshed by this market-data update.
Historical Annual Returns
| Year |
Return (%) |
| 2026 |
+9.08% |
| 2025 |
+17.82% |
| 2024 |
+24.98% |
| 2023 |
+26.32% |
| 2022 |
-18.17% |
| 2021 |
+28.79% |
| 2020 |
+18.32% |
| 2019 |
+31.36% |
| 2018 |
-4.50% |
| 2017 |
+21.77% |
| 2016 |
+12.17% |
| 2015 |
+1.33% |
| 2014 |
+12.93% |
| 2013 |
+32.39% |
| 2012 |
+15.99% |
| 2011 |
+1.90% |
Trailing Period Returns (CAGR)
| Period |
Annualised Return |
| 1 Year |
+24.38% |
| 3 Year |
+21.21% |
| 5 Year |
+13.39% |
| 10 Year |
+15.48% |
| Since Inception (2010) |
+14.89% |
Risk Metrics
| Metric |
Value |
| Beta (vs. S&P 500) |
1.00 |
| Standard Deviation (5-Year) |
~16.9% |
| Sharpe Ratio (5-Year) |
~0.57 |
| Max Drawdown (since 2010) |
-34.0% (Mar 2020) |
| R-Squared |
~1.00 |
Top 10 Holdings (as of 05/31/2026)
| Rank |
Company |
Ticker |
Weight (%) |
| 1 |
NVIDIA Corp. |
NVDA |
7.89% |
| 2 |
Apple Inc. |
AAPL |
7.05% |
| 3 |
Microsoft Corp. |
MSFT |
5.14% |
| 4 |
Amazon.com Inc. |
AMZN |
4.07% |
| 5 |
Alphabet Inc. (Class A) |
GOOGL |
3.41% |
| 6 |
Broadcom Inc. |
AVGO |
3.26% |
| 7 |
Alphabet Inc. (Class C) |
GOOG |
2.71% |
| 8 |
Meta Platforms |
META |
2.13% |
| 9 |
Tesla Inc. |
TSLA |
1.89% |
| 10 |
Micron Technology Inc. |
MU |
1.68% |
Sector Allocation
| Sector |
Weight |
| Technology |
39.1% |
| Financial Services |
10.9% |
| Communication Services |
10.7% |
| Consumer Cyclical |
9.9% |
| Health Care |
8.3% |
| Industrials |
7.8% |
| Consumer Defensive |
4.5% |
| Energy |
3.1% |
| Utilities |
2.1% |
| Real Estate |
1.8% |
Price History (Recent 12 Months)
Latest available adjusted close in each month; the current month is partial.
| Observation date |
Adjusted close (USD) |
Return since prior row |
| 2025-11-28 |
$621.25 |
— |
| 2025-12-31 |
$621.74 |
+0.08% |
| 2026-01-30 |
$630.75 |
+1.45% |
| 2026-02-27 |
$625.62 |
-0.81% |
| 2026-03-31 |
$594.29 |
-5.01% |
| 2026-04-30 |
$656.97 |
+10.55% |
| 2026-05-29 |
$691.69 |
+5.28% |
| 2026-06-30 |
$685.05 |
-0.96% |
| 2026-07-31 |
$684.89 |
-0.02% |
| 2026-08-31 |
$703.08 |
+2.66% |
| 2026-09-30 |
$700.86 |
-0.32% |
| 2026-10-02 |
$707.54 |
+0.95% |
Dividend History (Last 4 Quarters)
Latest four distributions reported in the retrieved daily series; dates are ex-dividend dates.
| Ex-dividend date |
USD per share |
| 2026-09-28 |
$1.8230 |
| 2026-06-26 |
$1.9620 |
| 2026-03-27 |
$1.8720 |
| 2025-12-22 |
$1.7710 |
Source: Yahoo Finance, retrieved 2026-10-05.
Investment Thesis
Strengths
- Ultra-low cost: 0.03% expense ratio — one of the lowest among comparable S&P 500 ETFs.
- Extreme diversification: 500 holdings across all major U.S. sectors.
- Proven track record: ~14.9% CAGR since inception (2010–2026).
- High liquidity: Millions of shares traded daily with tight bid-ask spreads.
- Tax efficiency: Vanguard’s ETF structure minimises capital gains distributions.
- Market benchmark: Outperforms ~85% of actively managed large-cap U.S. funds over 10+ years (S&P SPIVA data).
Risks
- Market risk: Fully correlated with U.S. large-cap equities; no downside protection.
- Tech concentration: Technology sector exceeds 31%, creating sector concentration risk.
- Currency risk for non-USD investors: No hedging against USD depreciation.
- Valuation risk: Cyclically adjusted P/E (CAPE) remains elevated; potential for mean reversion.
- No active management: Cannot adapt to changing market conditions or avoid overvalued stocks.
Comparison vs. Peers
| ETF |
Ticker |
Expense Ratio |
AUM |
5-Year CAGR |
| Vanguard S&P 500 ETF |
VOO |
0.03% |
~$1701.5B |
+13.39% |
| iShares Core S&P 500 |
IVV |
0.03% |
$570B |
N/A |
| SPDR S&P 500 ETF |
SPY |
0.0945% |
$560B |
N/A |
| Invesco QQQ (Nasdaq-100) |
QQQ |
0.20% |
$310B |
N/A |
| Vanguard Total Stock Market |
VTI |
0.03% |
$440B |
N/A |
Recommendation
| Investor Profile |
Recommendation |
| Long-term (10+ year horizon) |
Strong Buy — core portfolio holding |
| Dollar-cost averaging (DCA) |
Buy — systematic accumulation |
| Short-term traders |
Neutral — use technical levels for timing |
| Income-focused investors |
Consider alternatives — yield is low; prefer VYM or SCHD |
Data sourced from Yahoo Finance via scripts/fetch_voo_etf.py. Last updated: 2026-06-13.