ETF Evaluator:
Vanguard S&P 500 ETF ()
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(as of Aug 05)
Best Performing in Large Blend Over the Last Year
| 82.8% | ARS Focused Opportunities Strategy ETF (AFOS) |
| 75.3% | Mohr Company Nav ETF (CNAV) |
| 44.9% | Invesco S&P 500® Momentum ETF (SPMO) |
| 43.7% | iShares MSCI USA Momentum Factor ETF (MTUM) |
| 41.7% | Inspire 100 ETF (BIBL) |
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Risk
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ETF Details
Vanguard S&P 500 ETF Overview
Vanguard S&P 500 ETF (VOO) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). Vanguard launched the ETF in 2010.
The investment seeks to track the performance of the Standard & Poor‘s 500 Index that measures the investment return of large-capitalization stocks.
The fund manager employs an indexing investment approach designed to track the performance of the Standard & Poor's 500 Index, a widely recognized benchmark of U.S. stock market performance that is dominated by the stocks of large U.S. companies. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.
About Vanguard S&P 500 ETF (VOO)
There are 3 members of the management team with an average tenure of 4.29 years: Michelle Louie (2017), Nick Birkett (2023) and Aurélie Denis (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and DJ US Total Stock Market TR USD index with a weighting of 100%. Vanguard S&P 500 ETF has 519 securities in its portfolio. The top 10 holdings constitute 39.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Vanguard S&P 500 ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Vanguard S&P 500 ETF has 0.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.2% There is 0.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Vanguard S&P 500 ETF has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $974 billion in total assets, which is above the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
VOO Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Vanguard S&P 500 ETF expense ratio is low compared to funds in the Large Blend category. Vanguard S&P 500 ETF has an expense ratio of 0.03%, which is 93% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Vanguard S&P 500 ETF has a portfolio turnover rate of 2%, which indicates that it holds its assets around / 0.5 years. By way of comparison, the average portfolio turnover is 162% for the Large Blend category.
Recently, in the month of June 2026, Vanguard S&P 500 ETF returned -1.0%, which earned it a grade of D, as the Large Blend category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Vanguard S&P 500 ETF has a trailing yield of 1.07%, which is below the 1.12% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Vanguard S&P 500 ETF Grades
Year to date, the ETF has returned 10.2%, 0.1 percentage points worse than the category, which translates into a grade of C. The fund has returned 22.3% over the past year (grade of B), 20.6% over the past three years (grade of B) and 13.4% per year over the past five years (grade of B) and 15.5% per year over the past 10 years (grade of B).
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VOO Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| VOO Return (NAV) | -1.0% | 15.2% | 22.3% | 20.6% | 13.4% | 15.5% |
| VOO Return (Price) | -1.0% | 15.3% | 22.3% | 20.6% | 13.4% | 15.5% |
| NAV +/- Price Return | 0.004% | -0.082% | -0.060% | -0.021% | -0.011% | -0.001% |
| Large Blend Avg | -0.0% | 14.5% | 20.9% | 18.8% | 11.8% | 14.1% |
| VOO Grade (NAV) | D | C | B | B | B | B |
| +/- Category (NAV) | -0.9% | 0.7% | 1.4% | 1.7% | 1.6% | 1.4% |
| VOO Tax-Cost Ratio | na | na | 0.3% | 0.3% | 0.3% | 0.4% |
VOO Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| VOO Return (NAV) | 10.2% | 17.8% | 25.0% | 26.2% | -18.2% | 28.7% | 18.3% | 31.5% | -4.4% | 21.8% | 11.9% |
| VOO Return (Price) | 10.2% | 17.8% | 25.0% | 26.3% | -18.2% | 28.8% | 18.3% | 31.4% | -4.5% | 21.8% | 12.2% |
| NAV +/- Price Ret | 0.000% | -0.001% | -0.000% | 0.003% | 0.002% | 0.004% | -0.003% | -0.3% | 1.9% | -0.1% | 2.0% |
| Large Blend Avg | 10.3% | 15.4% | 21.8% | 22.9% | -17.1% | 26.9% | 18.6% | 29.7% | -5.0% | 21.6% | 11.2% |
| VOO Grade (NAV) | C | B | B | B | C | B | C | B | C | C | C |
| +/- Category | -0.1% | 2.5% | 3.2% | 3.4% | -1.1% | 1.7% | -0.3% | 1.7% | 0.5% | 0.2% | 0.7% |
| Risk Measures | |
| Beta: | 1.00 |
| R-Squared: | 100% |
| Standard Deviation: | 13.1% |
| Category Risk Index: | 0.98 |
| Category Risk Rating: | Average |
| Total Risk Index: | 1.07 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 1.1% |
| Total Assets: | $ 1,680,832 Mil |
| Share Class Assets: | $ 974,804 Mil |
| Turnover: | 2.0% |
| Expense Ratio: | 0.03% |
| Index Fund: | Yes |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 8.6 years | |||
| Average Tenure: 4.3 years | |||
| Managers (Year): Louie Michelle (2017), Birkett Nick (2023), Denis Aurélie (2025) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 519 |
| % in Top 10 Holdings: | 39.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.4% |
Portfolio Allocation |
|
| Domestic Stock: | 99.2% |
| Foreign Stock: | 0.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.2% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Vanguard |
| Phone Number: | 866-499-8473 |
| Website: | www.vanguard.com |
| Inception Date: | September 7, 2010 |
Expenses and Fees
| Expense Ratio (%): | 0.03% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.42% |
