Vanguard S&P 500 Value ETF (VOOV)
Vanguard S&P 500 Value ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $228.41, up 0.08% on the session, giving a market capitalisation of $6.83B. Its beta of 0.84 implies it has historically moved less than the broad market.
This exchange-traded fund (ETF) primarily invests in value-oriented companies included in the S&P 500 Value Index, which comprises value stocks from the broader S&P 500. Its central aim is to replicate the returns of this index, widely recognized as a representative measure of U.S. value stock performance. The fund presents substantial opportunities for capital growth, though its share price experiences greater fluctuations compared to funds focused on bonds. This makes it an appropriate choice for long-term investment horizons where significant asset appreciation is a primary objective. With respect to 75% of its total assets, the fund observes specific constraints: it may not purchase over 10% of any single issuer’s outstanding voting securities, nor may more than 5% of its total assets be allocated to the securities of one issuer, except when vital for maintaining alignment with its target index composition. These limitations do not apply to U.S. government or agency obligations.
Vanguard S&P 500 Value ETF is most often compared with the following Financial Services names: