The Vanguard S&P 500 ETF (VOO), which tracks the S&P 500 Index (SPX), slipped 0.04% in pre-market trading on Monday amid stalled talks between the U.S. and Iran. Oil prices trended higher as persistent tensions in the Strait of Hormuz continued to disrupt supply.
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At the time of writing, international benchmark Brent crude (CM:BZ) was up 1.94% at $107.37 per barrel, and WTI crude (CM:CL) gained 2.08% to $96.39.
Last week, the Dow Jones fell about 0.44%, ending its three-week winning streak. The S&P 500 gained about 0.6% for the week, while the Nasdaq Composite jumped 1.5%, driven by a massive rally in semiconductor stocks.
Overall, VOO has gained 0.69% over the past five days and 30% 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 $769.62 implies an upside of 18.17%.
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.