VOO and VTI: 2 Vanguard ETFs with Strong Growth Potential, According to Analysts
Market News

VOO and VTI: 2 Vanguard ETFs with Strong Growth Potential, According to Analysts

Story Highlights

In this article, let’s take a closer look at two Vanguard ETFs, VOO and VTI, with over 10% upside potential in the next twelve months.

Vanguard is a renowned investment provider, offering a wide range of exchange-traded funds (ETFs) that cater to various investment goals and risk tolerances. These ETFs provide investors with a convenient and cost-effective way of gaining exposure to diverse industries. Today, we have focused on two Vanguard ETFs – VOO and VTI – with more than 10% upside potential projected by analysts over the next twelve months.

Let’s take a look at what Wall Street thinks about these two ETFs.

Vanguard S&P 500 ETF (VOO)

The VOO ETF is the third largest exchange-traded fund by net assets in the U.S. It seeks to closely track the S&P 500 Index’s (SPX) performance. VOO has $435.88 billion in assets under management (AUM), with the top 10 holdings contributing 32.21% of the portfolio. Importantly, it has a very low expense ratio of 0.03%. The VOO ETF has returned 24% in the past six months.

Overall, the VOO ETF has a Moderate Buy consensus rating. Of the 505 stocks held, 392 have Buys, 105 have a Hold rating, and eight have a Sell rating. The analysts’ average price target on VOO ETF of $526.07 implies a 10.3% upside potential from the current levels.

Vanguard Total Stock Market ETF (VTI)

The VTI ETF tracks the performance of the CRSP U.S. Total Market Index and includes several large, mid, and small-cap equities diversified across growth and value styles. It has $389.77 billion in AUM, with the top 10 holdings contributing 27.87% of the portfolio. Meanwhile, the expense ratio of 0.03% is encouraging. Interestingly, the VTI ETF has generated a return of 24% over the past year.

On TipRanks, VTI has a Moderate Buy consensus rating. This is based on the consensus rating of each stock held in the portfolio. Of the 3,689 stocks held, 2,323 have Buys, 1,269 have a Hold rating, and 94 stocks have a Sell rating. The average VTI ETF price forecast of $286.86 implies an 11.49% upside potential from the current levels.

Concluding Thoughts

The Vanguard ETFs offer several benefits, such as exposure to large companies, low cost, and long-term capital appreciation opportunities. Furthermore, these ETFs have better liquidity, allowing investors to buy and sell shares conveniently without sacrificing returns.

Disclosure

Related Articles
Radhika SaraogiStock Market News Today, 11/8/24 – Stocks Finish Week at Record Levels
Kody R. KesterIs Chevron (NYSE:CVX) a High-Yielding Dividend Stock to Buy?
Radhika SaraogiStock Market News Today, 11/7/24 – Stocks Close Higher amid Interest Rate Cut
Go Ad-Free with Our App