VOO — Vanguard S&P 500 ETF

VOO Price Performance — Growth of $10,000

Value of a $10,000 investment in VOO over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

VOO Drawdown

The "underwater" chart: VOO's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

VOO is a Vanguard S&P 500 ETF, positioned as a US Large Cap Blend fund, with 19 other ETFs in its category. It holds an overall rank of #40 among 458 tracked ETFs, indicating a solid standing in the broader market. The fund is issued by Vanguard, a reputable issuer known for its low-cost offerings. With an expense ratio of just 0.03%, VOO is one of the most cost-effective options in its category, making it an attractive choice for investors seeking to minimize fees. The dividend yield of 0.78% provides a modest income stream, and the fund's AUM of $1687B suggests strong investor adoption, as it indicates a significant amount of capital is invested in this ETF. The price of $703.71 reflects the fund's popularity and the substantial amount of assets it manages.

Over the past year, VOO has delivered a return of 21.39%, with a more modest 12.68% return over the past year-to-date period. The 3-year return of 79.89% indicates a strong upward trend, suggesting that the fund has performed well over the long term. The 1-month return of +3.70% and the 1-week return of -1.39% show some short-term volatility, but the 1-day return of +0.39% suggests that the fund has been relatively stable on a daily basis. This pattern of returns indicates a mix of long-term growth and short-term fluctuations, with the long-term trend being particularly strong.

VOO is labeled as having low volatility, which is reflected in its beta of 1.00, indicating that it moves in line with the market. The Sharpe ratio of 1.28 suggests that the fund provides a good risk-adjusted return, meaning that the returns are relatively high compared to the level of risk taken. The maximum drawdown of -18.69% indicates that the fund has experienced a significant decline in value at one point, but it has since recovered. This combination of low volatility, a high Sharpe ratio, and a moderate drawdown suggests that VOO is a relatively stable investment, suitable for investors who are looking for a blend of growth and stability in their portfolio.

AI-generated summary based on the data on this page.

VOO Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 36.5% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how VOO's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With VOO

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VOO's top 10 — VTI overlaps most, holding 9 of the same companies as VOO's top 10 (36.5% of VOO's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.69% (as of 2026-08-20) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.01 (as of 2026-08-20) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

See it in a portfolio

VOO isn't one of the twelve funds in the portfolio game, but SPY — US Large Cap — sits in the same category and is. It is an equivalent, not a substitute: different holdings, different fee, different returns.

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VOO Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.05% and average daily volume is 8.0M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1687B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: VOO is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

VOO Performance History

How VOO Compares to Other US Large Cap Blend ETFs