The Vanguard S&P 500 ETF (VOO) is up 1.46% in the past five days and 11.26% over the past year. TipRanks' unique ETF analyst consensus rates VOO as a Moderate Buy with an average price target of $614.72, implying a 9.8% upside. The ETF's five holdings with the highest upside potential are Caesars Entertainment, Halliburton, Moderna, LKQ Corp., and PG&E Corp., while its five holdings with the greatest downside potential are Palantir Technologies, Franklin Resources, Coinbase Global, Tesla, and Super Micro Computer. The VOO ETF's Smart Score is a seven, indicating a likely performance in line with the market.
The Vanguard S&P 500 ETF (VOO) has been performing exceptionally well, with a 1.46% gain over the past five days and a robust 11.26% increase over the past year. This performance has garnered attention from analysts, who have rated the ETF as a Moderate Buy with an average price target of $614.72, indicating a 9.8% upside [5].
Among VOO's holdings, Caesars Entertainment, Halliburton, Moderna, LKQ Corp., and PG&E Corp. are expected to offer the highest upside potential, while Palantir Technologies, Franklin Resources, Coinbase Global, Tesla, and Super Micro Computer pose the greatest downside risks. The ETF's Smart Score of seven suggests it is likely to perform in line with the broader market.
Investors have shown significant confidence in VOO, with the fund pulling in $571.9 million in net inflows last week, contributing to its asset under management (AUM) of $681.9 billion. This places VOO as the world's largest ETF, with a substantial lead in inflows compared to other funds [2].
VOO's performance aligns with broader market trends, as U.S. equity ETFs attracted $18.4 billion in inflows last week, with the Vanguard S&P 500 ETF (VOO) being a significant contributor. The fund's success can be attributed to its indexing strategy, which aims to replicate the performance of the Standard & Poor's 500 Index, a widely recognized benchmark of U.S. stock market performance [1].
References:
[1] https://finance.yahoo.com/quote/VOO/performance/
[2] https://www.etf.com/sections/daily-etf-flows/ivv-tops-inflows-1b-haul-qqq-gains-793m
[3] https://www.reddit.com/r/stocks/comments/1lkpubp/going_full_voo_vgt_and_schd/
[4] https://www.stocktitan.net/news/JPM/j-p-morgan-asset-management-hits-market-with-largest-active-etf-9v8bf40n639q.html
[5] https://www.nasdaq.com/articles/big-etf-inflows-last-week-sphq-vo-vti-more
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