The Vanguard S&P 500 ETF (VOO), which tracks the S&P 500 Index (SPX), fell 0.36% in today’s pre-market trading after reports that negotiators doubt Iran will meet Trump’s demand to reopen the Strait of Hormuz before his Tuesday night deadline.
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At the time of writing, the global oil benchmark Brent (CM:BZ) was up 0.74% at $110.58 per barrel, while West Texas Intermediate (WTI) crude (CM:CL) rose 2.11% to $114.77 per barrel.
During Monday’s regular trading, the three major indexes closed higher on hopes of the war ending soon. The Nasdaq climbed 0.54%, while the S&P 500 added 0.44% and the Dow gained 0.36%. In a late-Monday statement, Trump noted that the U.S. and Iran are negotiating in “good faith” to end the conflict but warned of strikes on Iran’s power plants and bridges if the strait remains closed.
Overall, VOO has gained 3.12% 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 $760.55 implies an upside of 25.57%.
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.