VOO, also known as Vanguard S&P 500 ETF, is a fund that invests in some of the largest U.S. companies – called large cap stocks. In return this also makes VOO well diversified. VOO seeks to track the S&P 500 index, which includes 500 companies in leading industries of the U.S. economy. VOO owns all equities that make up the S&P 500 index. VOO’s top 10 holdings include technology companies such as Apple, Apple, Alphabet, Amazon, Tesla, Meta and more. Top 3 sectors for VOO include Information Technology, Healthcare, and Consumer Discretionary.
The VOO Exchange Traded Fund (ETF) is provided by Vanguard. This ETF provides exposure to US Equities.
It is built to track an index: S&P 500 Total Return Index – USD. This ETF provides physical exposure, by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly).
This share class generates a stream of income by distributing dividends.