Market News

Analyzing the Vanguard S&P 500 ETF Performance


Recent Performance Overview

Investors in the Vanguard S&P 500 ETF (VOO) have reason to smile. The ETF has seen a 0.60% increase in the past five days, and a significant 35.77% improvement over the last year.

Analyst Consensus and Price Target

According to TipRanks, VOO holds a status of “Hold” based on a weighted average of its holdings’ analyst ratings. With a Street average price target of $630.20, investors can anticipate a potential upside of 19.42%.

Holdings Analysis

Among VOO’s top holdings with substantial upside potential are Super Micro Computer (SMCI), Schlumberger (SLB), Moderna (MRNA), Halliburton (HAL), and APA (APA). Conversely, Tesla (TSLA), Caterpillar (CAT), AFLAC (AFL), International Business Machines (IBM), and Allegion (ALLE) are identified as holdings with notable downside potential.

ETF Smart Score and Market Outperformance

A standout detail – VOO’s ETF Smart Score is a resounding “Perfect 10,” suggesting that this ETF has the potential to outperform the market. This indicator provides investors with a positive outlook regarding VOO’s future performance.

Investment Optimization

For those seeking to maximize their ETF investments, TipRanks offers insight into top Equity ETFs with high upside potential. Their analysis is a valuable tool for investors looking to enhance their portfolio strategies.

See also  Is Super Micro Computer (SMCI) the Right Stock to Buy Amid Its 102% Surge in 2024? Is Super Micro Computer (SMCI) the Right Stock to Buy Amid Its 102% Surge in 2024?