The Vanguard S&P 500 ETF (VOO), which tracks the S&P 500 Index (SPX), fell 0.45% in today’s pre-market trading as President Donald Trump ordered the blockade of the Strait of Hormuz. The move followed the failure of peace talks between the U.S. and Iran, sparking fears of a prolonged conflict in the Middle East and a spike in oil prices.
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At the time of writing, the international oil benchmark Brent (CM:BZ) rose 5.9% to $104.04 per barrel, while West Texas Intermediate (WTI) crude (CM:CL) jumped 7.8% to $102.29 per barrel.
Overall, VOO has gained 3.34% over the past five days and 26% 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 $763.70 implies an upside of 22.27%.
Currently, VOO’s five holdings with the highest upside potential are:
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.