Vanguard S&P 500 ETF (VOO)
Eine detaillierte Analyse eines der größten und beliebtesten S&P 500 ETFs der Welt.
The Vanguard S&P 500 ETF (VOO) is one of the largest and most popular exchange-traded funds in the world, offering investors a simple, low-cost way to gain diversified exposure to the U.S. large-cap equity market. The fund's strategy is to passively track the performance of the S&P 500 Index, which comprises approximately 500 of the largest U.S. companies.
Merkmale: Its primary appeal lies in its extremely low expense ratio of 0.03%, which provides a significant long-term advantage for buy-and-hold investors.
Risiken: Key risks are entirely market-based; as a passive index tracker, the fund is fully exposed to any downturns in the U.S. stock market and is heavily weighted towards the Information Technology sector, creating concentration risk.
The fund employs a full-replication approach, meaning it holds all the constituent stocks of the S&P 500 Index in the same proportion as their weighting in the index. This eliminates manager risk and ensures the fund's performance closely mirrors that of its benchmark.
Top Sektor-Allokationen
| Sektor | Gewichtung |
|---|---|
| Information Technology | 33.9% |
| Financials | 11.9% |
| Consumer Discretionary | 10.5% |
| Communication Services | 9.9% |
| Health Care | 8.8% |
| Zeitraum | VOO Rendite | Analyse |
|---|---|---|
| YTD | ~9.1% | |
| 1-Year | ~16.3% | |
| 3-Year | ~10.0% (Annualized) | |
| 5-Year | ~14.6% (Annualized) |
| Unternehmen | Ticker | Gewichtung |
|---|---|---|
| NVIDIA Corp | NVDA | 8.07% |
| Microsoft Corp | MSFT | 7.38% |
| Apple Inc | AAPL | 5.77% |
| Amazon.com Inc | AMZN | 4.12% |
| Meta Platforms Inc Class A | META | 3.12% |
| Broadcom Inc | AVGO | 2.57% |
| Alphabet Inc Class A | GOOGL | 2.08% |
| Alphabet Inc Class C | GOOG | 1.68% |
| Berkshire Hathaway Inc Class B | BRK.B | 1.61% |
| Tesla Inc | TSLA | 1.61% |
Sentiment & Kapitalflüsse
Stimmung: Overwhelmingly Positive. Sentiment for VOO closely tracks the general sentiment for the U.S. stock market. News coverage often highlights the fund as a core holding for building long-term wealth and praises its low-cost structure.
Kapitalflüsse: VOO has experienced massive and consistent positive fund inflows, totaling over $137 billion in the last year. This trend indicates strong and sustained investor confidence in the U.S. large-cap market and a continued preference for passive, low-cost investment vehicles over actively managed funds.
Bull Case
The bull case for VOO is a bet on the long-term growth and resilience of the American economy. As the 500 leading U.S. companies continue to innovate, grow earnings, and expand globally, the value of the S&P 500 index should appreciate over time. VOO's ultra-low cost ensures that investors capture nearly the entire return of the market. It remains the gold standard for simple, diversified, and effective long-term equity investing.
Bear Case
The bear case for VOO is a bearish outlook on the U.S. stock market itself. Risks include a potential economic recession, sustained high inflation forcing tighter monetary policy, or geopolitical instability. Given the high concentration in technology stocks, any specific downturn in that sector—whether due to regulatory action, slowing innovation, or bursting valuation bubbles—would disproportionately harm VOO's performance. The fund offers no protection from broad market declines.