VOO

$545.00 -0.29% $-1.60
Dec 20, 2024 20:00 PM

VOO is an exchange-traded fund (ETF) that seeks to track the performance of the S&P 500 Index, which includes 500 of the largest publicly traded companies in the U.S. The ETF aims to provide investors with broad exposure to the U.S. stock market by replicating the performance of this index.

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Asset Summary

Daily Performance Report for VOO ETF: Dec 23, 2024

Summary: The day started with VOO ETF opening at $545.14 and closing at $543.9. The ETF showed weakness throughout the day, with the highest price observed at $546.1 and the lowest at $543.9. The underlying asset had a trading range of $2.20 Overall, it was a negative trading day for VOO ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-1.24 or -0.23% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for VOO ETF was 7,906 units during Dec 23, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $545.14.

Highest Price: The highest price observed during the day was $546.1.

Lowest Price: The lowest price observed during the day was $543.9.

Closing Price: The day ended at $543.9.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

1 Month Trailing Return

-0.76%

Represents the percentage change in asset value over the past month.

3 Month Trailing Return

3.78%

Indicates the percentage change in asset value over the last three months.

Period Max Drawdown

8.45%

The highest percentage drop from the peak value to the lowest point during the observed period.

Standard Deviation

12.57%

Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.

Sharpe Ratio

1.92

Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.

Calmar Ratio

2.86

The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

The historical performance of VOO reflects the performance of the S&P 500 Index, which has historically shown long-term growth. However, like any investment in the stock market, past performance is not indicative of future results.

VOO is designed to closely match the performance of the S&P 500 Index. Any deviations from the index’s performance are minimal, due to the ETF’s passive management approach. VOO aims to deliver returns that are very similar to those of the S&P 500, net of fees.

VOO differs from other S&P 500 ETFs mainly in its expense ratio and management style. For example, the SPDR S&P 500 ETF Trust (SPY) is another S&P 500 ETF but has a higher expense ratio compared to VOO. VOO and SPY aim to track the same index, but their costs and some structural aspects may vary.

As of the latest update, VOO has an expense ratio of approximately 0.03%. This fee covers the costs associated with managing the fund, including administrative expenses and portfolio management.

Factors affecting VOO’s performance include changes in the S&P 500 Index, overall market conditions, economic indicators, and company earnings within the index. Additionally, the ETF’s performance might be slightly impacted by its expense ratio and tracking error.

VOO adjusts its holdings to reflect any stock splits or rebalancing events in the S&P 500 Index. This is part of its passive management strategy to ensure that it continues to track the performance of the index accurately.

Investors can purchase shares of VOO through a brokerage account, just like other stocks and ETFs. It is traded on the New York Stock Exchange (NYSE) under the ticker symbol "VOO."

Similar ETFs to VOO include the SPDR S&P 500 ETF Trust (SPY), which also tracks the S&P 500 Index, and the iShares Core S&P 500 ETF (IVV), which aims to achieve similar exposure to the S&P 500. These ETFs have similar objectives but may differ in terms of expense ratios and fund structures.

Yes, VOO can be held in retirement accounts such as IRAs or 401(k)s. Its broad market exposure and low expense ratio make it a popular choice for long-term investment strategies in retirement accounts.

VOO distributes dividends on a quarterly basis. These dividends are derived from the income generated by the underlying stocks in the S&P 500 Index, and are paid out to shareholders proportionally based on their holdings.

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