Vanguard S&P 500 ETF is One of the Best Large Cap Funds this Year

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The Vanguard S&P 500 ETF (VOO) has rallied by more than 26% since the start of the year, making it one of the best large-cap funds in the US stock market,

VOO Up by More Than 26% YTD

The Vanguard S&P 500 ETF (VOO) has been around since 2010, and it is a fund designed to offer broad exposure to the Large Cap Blend segment of the US stock market. The fund is sponsored by Vanguard and has more than $270 billion in assets under management, making it one of the leading ETFs attempting to match the Large Cap Blend segment of the stock market.

Large-cap companies usually have market caps of $10 billion and above. The companies are usually stable with predictable cash flows and usually less volatile than the small and medium cap companies.

Since the start of the year, VOO has rallied by more than 26%, making it one of the top performers in the market. At press time, VOO is trading at $430.68, down by 0.17% since the US stock market opened today.

VOO Could Top $450

VOO is one of the best performing large-cap funds in the US stock market at the moment. It is currently trading at $430 per share and could rally towards the $450 level over the coming weeks and months.

VOO ETF chart. Source: FXEMPIRE

VOO’s annual operating expense stands at 0.03%, making it one of the cheapest funds in the space. Furthermore, the ETF has a 12-month trailing dividend yield of 1.23%. Of the large-cap funds in the US, VOO has the heaviest allocation to the Information Technology sector–about 28.50% of its total portfolio.

With exposure to some of the leading companies, including Apple Inc. (AAPL), Microsoft Corp. (MSFT) and Amazon.com Inc. (AMZN), VOO’s price could rally higher over the coming weeks and months.