The Vanguard S&P 500 ETF (VOO), which tracks the S&P 500 Index (SPX), closed higher by 0.40% on Friday. Notably, the U.S. stock market is closed today, Monday, May 25, for the Memorial Day holiday.
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High conviction MPWR bulls now have this Tradr ETFNevertheless, overnight futures markets, including SPX futures reacted positively to the latest geopolitical developments. Investors welcomed signs of progress in U.S.-Iran talks and growing hopes that the Strait of Hormuz could reopen.
Overall, VOO has gained 0.93% over the past five days and 25% over the past year.
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 $801.05 implies an upside of 17%.
Currently, VOO’s five holdings with the highest upside potential are:
- Loews (L)
- Charter Communications (CHTR)
- Axon Enterprise (AXON)
- Intuit Inc. (INTU)
- Texas Pacific Land (TPL)
Meanwhile, its five holdings with the greatest downside potential are:
Revealingly, the 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. 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.