Vanguard S&P 500 Value Index Fund ETF offers defensive, value-oriented exposure with lower tech concentration, making it attractive amid macroeconomic uncertainty and potential for slower growth and rising inflation. The ETF's valuation is more reasonable than vanilla S&P 500 funds, providing better diversification and less volatility, though it may lag in strong tech-led rallies. Current economic indicators point to a cooling labor market and persistent inflation risks, supporting a cautious approach to equity investing.
If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Vanguard S&P 500 Value ETF (VOOV), a passively managed exchange traded fund launched on 09/09/2010.
VOOV is a value ETF that follows the S&P 500 Value Index, blending value investing with significant exposure to mega-cap tech stocks like Apple and Microsoft. Compared to VLUE, VOOV has a higher overlap with the S&P 500, making it a quasi-growth play. VOOV's average P/E and P/B ratios are lower than SPY's, but higher than VLUE's, indicating a moderate value focus with some growth characteristics.
![]() VOOV In 5 days Estimated | Quarterly | $0.86 Per Share |
![]() VOOV 2 months ago Paid | Quarterly | $0.86 Per Share |
![]() VOOV 5 months ago Paid | Quarterly | $1.04 Per Share |
![]() VOOV 8 months ago Paid | Quarterly | $1.06 Per Share |
![]() VOOV 11 months ago Paid | Quarterly | $0.99 Per Share |
![]() VOOV 22 Mar 2024 Paid | Quarterly | $0.79 Per Share |
![]() VOOV In 5 days Estimated | Quarterly | $0.86 Per Share |
![]() VOOV 2 months ago Paid | Quarterly | $0.86 Per Share |
![]() VOOV 5 months ago Paid | Quarterly | $1.04 Per Share |
![]() VOOV 8 months ago Paid | Quarterly | $1.06 Per Share |
![]() VOOV 11 months ago Paid | Quarterly | $0.99 Per Share |
![]() VOOV 22 Mar 2024 Paid | Quarterly | $0.79 Per Share |
XBER Exchange | US Country |
The company operates as an investment fund, adopting a strategic approach aimed at mirroring the performance of the S&P 500® Value Index. This Index is pivotal in representing value-oriented companies within the S&P 500, a benchmark index showcasing the performance of large-capitalization U.S. stocks. The fund's investment philosophy involves selecting stocks that are deemed as 'value' stocks by the index sponsor, typically meaning those stocks are undervalued or priced lower relative to their fundamentals such as dividends, earnings, and sales. Through focusing on these value companies, the fund seeks to offer investors exposure to a segment of the market that has the potential for growth and increased returns over time, assuming that the market will eventually recognize and correct the undervaluation of these stocks.
The fund's primary product is its indexing investment strategy, designed specifically to track the S&P 500® Value Index's performance. This approach involves investing in a portfolio of stocks that collectively mimic the composition and performance of the index. By doing so, the fund aims to replicate the index's return, providing investors with a passive investment strategy as opposed to actively selecting stocks.
Offering investors exposure to the S&P 500® Value Index, the fund provides an avenue to invest in large-capitalization value companies in the United States. This service is particularly appealing to investors looking for exposure to a segment of the equity market that focuses on undervalued companies with potential for appreciation. The fund's alignment with the S&P 500® Value Index ensures that investors are buying into a diversified portfolio of value stocks, reducing individual stock risk while participating in the potential upside of these value-oriented investments.