VOO ETF Performance: Moderate Buy with 10.64% Upside Potential

The Vanguard S&P 500 ETF (VOO) has risen 0.76% in the past five days and 9.45% over the past year. TipRanks' ETF analyst consensus rates VOO as a Moderate Buy, with an average price target of $612.25 and an upside of 10.64%. The ETF's Smart Score is a seven, implying in-line performance with the market. Five holdings with the highest upside potential include Caesars Entertainment, Regeneron, Moderna, LKQ Corp., and Pacific Gas and Electric Company. Five holdings with the greatest downside potential include Palantir Technologies, Franklin Resources, Cf Industries Holdings, Coinbase Global, and Millrose Properties Inc.

The Vanguard S&P 500 ETF (VOO) has shown robust performance, rising by 0.76% in the past five days and 9.45% over the past year. This performance is in line with the broader U.S. stock market trends, driven by a diversified portfolio of large-cap U.S. stocks [1].

VOO employs an indexing investment approach designed to track the performance of the Standard & Poor's 500 Index, which is dominated by the stocks of large U.S. companies. The fund's strategy involves investing in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. This approach has proven successful, as evidenced by VOO's strong performance over the past year [1].

The ETF's performance has been bolstered by the overall strength of the U.S. equity market. According to TipRanks' ETF analyst consensus, VOO is rated as a Moderate Buy, with an average price target of $612.25 and an upside potential of 10.64%. The ETF's Smart Score is a seven, indicating in-line performance with the market. This positive outlook suggests that analysts expect VOO to continue its upward trajectory [2].

Among VOO's holdings, several companies stand out for their upside potential. Caesars Entertainment, Regeneron, Moderna, LKQ Corp., and Pacific Gas and Electric Company are the five holdings with the highest upside potential. These companies are expected to drive growth and contribute significantly to VOO's performance in the coming quarters [2].

Conversely, Palantir Technologies, Franklin Resources, Cf Industries Holdings, Coinbase Global, and Millrose Properties Inc. are the five holdings with the greatest downside potential. These companies face various challenges that could impact their performance and, consequently, VOO's overall returns [2].

The Vanguard S&P 500 ETF's strong performance and positive analyst consensus highlight the resilience of large-cap U.S. stocks. As the U.S. economy continues to recover from the pandemic and geopolitical tensions ease, investors can expect VOO to remain a solid choice for those seeking exposure to the U.S. equity market.

References:
[1] https://finance.yahoo.com/quote/VOO/performance/
[2] https://seekingalpha.com/news/4461711-vanguard-s-and-p-500-index-etf-declares-cad-0_3691-dividend