Vanguard S&P 500 ETF Becomes First ETF to Reach $1 Trillion in Assets

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โดย The Motley Fool·Read original
Summary · why it matters

The Vanguard S&P 500 ETF has become the first exchange-traded fund to surpass $1 trillion in assets under management. The fund has attracted a net $403 billion over the past three years, more than double the $176 billion net inflow of the next closest fund, the iShares Core S&P 500 ETF. Its expense ratio of 0.03% and heavy tech allocation have helped it deliver an average annual return of 15.6% over the past decade. During the 2022 bear market, the fund's assets fell about 13% due to market performance, but it still took in roughly $40 billion in net inflows that year.

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