MarketPR
The Vanguard S&P 500 ETF (VOO) charges an expense ratio of 0.03%, a cost that amounts to $0.30 on a $1,000 investment.
The fund, which holds approximately $1.7 trillion in assets, provides exposure to the S&P 500 index, a benchmark composed of roughly 500 large and profitable U.S. Investors in the ETF also capture a dividend yield of 1%.
The portfolio is heavily weighted toward larger businesses, with the top 10 positions accounting for 38% of the total holdings. Nvidia, Apple, and Microsoft alone represent 21% of the fund's asset base.
The information technology sector is the most prominent category, and its performance has a meaningful impact on the ETF's overall results.
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