The Vanguard S&P 500 ETF (VOO) gained 1% on Friday. Also, the ETF is up 0.20% in pre-market trading today. After last week’s pullback, markets are now trying to regain momentum heading into Thanksgiving week. At the same time, investors are watching the economic data scheduled for release over the next few days, hoping it will strengthen the case for a Federal Reserve rate cut next month.
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Importantly, the VOO ETF closely tracks the S&P 500 Index (SPX), which was up 0.98%, while the tech-heavy Nasdaq 100 (NDX) gained 0.77% on Friday.
Overall, the VOO ETF has declined 1.79% over the past five days, but is up 13.52% year-to-date.
VOO’s Key Holdings with Highest Upside/Downside Potential
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, VOO is a Moderate Buy. The Street’s average price target of $730.26 implies an upside of 20.52%.
Currently, VOO’s five holdings with the highest upside potential are:
Meanwhile, its five holdings with the greatest downside potential are:
- Albemarle Corp. (ALB)
- Expeditors International (EXPD)
- Paramount Skydance (PSKY)
- Incyte (INCY)
- W. R. Berkley Corporation (WRB)
Revealingly, VOO ETF’s Smart Score is seven, implying that this ETF will likely perform in line with the market.
Does VOO Pay Dividends?
Yes, VOO pays dividends, offering investors a source of regular income. The ETF distributes these payments every quarter to shareholders. They come from the dividends paid by the companies in the S&P 500. Since company payouts change over time, the dividend amount from VOO also varies each quarter.
VOO’s yield as of today is 1.16%.
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