The Vanguard S&P 500 ETF (VOO) declined 0.46% on Monday primarily due to weak manufacturing data, higher bond yields, and a selloff in cryptocurrencies. However, the ETF is up 0.27% in pre-market trading today.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Importantly, SPY closely tracks the S&P 500 Index (SPX), which was down 0.53%, while the tech-heavy Nasdaq 100 (NDX) declined 0.36% on Monday.
Overall, the VOO ETF has gained 2.3% over the past five days and 17.7% 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 $735.64 implies an upside of 18%.
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)
- Tesla (TSLA)
- Intel (INTC)
- Paramount Skydance (PSKY)
Revealingly, VOO ETF’s Smart Score is eight, implying that this ETF will likely out perform the market.
Does VOO Pay Dividends?
Yes, VOO pays dividends. These payments come from the dividends paid by the companies in the S&P 500, and VOO distributes them to shareholders every quarter. The payout amount can change from quarter to quarter because company dividends vary. Investors can receive the dividend as cash or choose to automatically reinvest it into more shares through a dividend reinvestment program.
VOO’s yield as of today is 1.12%.
Power up your ETF investing with TipRanks. Discover the Best AI ETFs, carefully curated based on TipRanks’ analysis.