The Vanguard S&P 500 ETF (VOO), which tracks the S&P 500 Index (SPX), rose 0.30% in Friday’s pre-market trading, led by a 3% jump in Apple (AAPL) shares following the company’s strong earnings report. Meanwhile, oil prices moved lower after reports that Iran responded to the U.S. through Pakistan on a draft deal to ease Middle East tensions.
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Forget margin or options. Here's how the pros trade MPWRIn Thursday’s regular trading session, major indices jumped on the final trading day of April, with the S&P 500 and the Nasdaq hitting record highs as investors digested a wave of earnings and economic data. Overall, the Dow Jones, the S&P 500, and the Nasdaq rose 1.6%, 1.0%, and 0.9%, respectively.
Overall, VOO has gained 1.40% over the past five days and 29% 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 $769.59 implies an upside of 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.