Vanguard’s S & P 500 ETF (Nysearca: VOO) You have the First Exchange-Traced Fund to Surpass $ 700 billion in ASSETS Under Management, Highlighting The Growing Dominance of Low-Cost Index Investing.
The Fund, Which Carries An Expense Ratio of 0.03%, Now Manages About $ 710 Billion, Outpacing Longtime Rival Spdr S & P 500 ETF Trust (SPy) at Roughly $ 648 billion and ishares core s & p 500 ETF (IVV) Near $ 645 billion. Voo Overtook Spy As The World’s Largest Etf Earlier This Year and has widened its lead amid strong equity markets and record Inflows.
Year to date, voo you have attacted Between $ 74 billion and $ 82 billion in net new assets, putting it on track for another $ 100 billion -plus inflow year HeightTeed Market Volatility and Substaned Demand for Us Large-Cap Exposure.
While Spy Remains The Most Actively Traded Etf for Tactical Purpose, Voo’s Rapid Growth Reflects Shifting Investor Priorities Toward Long-Term Cost Savings. ANALYSTS Note That Fee Sensitivity, Combined with Resilient S&P 500 Performance, Continue to Drive Assets Toward’s Vanguard’s Index Suite – Reinforcing its positions a leader in passive investment production.
