Vanguard’s $1 Trillion VOO ETF Draws Investor Questions About the Road Ahead
Vanguard’s S&P 500 ETF is now the first ETF to hit $1 trillion in assets, a milestone for the low-cost U.S. index fund space and a new sign of how much money is concentrated in these trackers. S&P 500’s latest milestone comes as investors revisit the debate over whether the index is too pricey after tech and AI names drove a long rally. Vanguard’s VOO ETF was down about 1% Tuesday afternoon in New York, with falling tech shares weighing on the main indexes.