ETF of the Week ETF of the Week: Vanguard S&P 500 ETF (VOO)
Mar 24, 2022
09:58
ETF Trends’ CEO Tom Lydon discusses the Vangaurd S&P 500 ETF (VOO) on this week’s ETF of the Week podcast with Chuck Jaffe of the MoneyLife Show.
Markets have had a month to digest the Russia-Ukraine war and the initial panic and uncertainty of the invasion by markets has settled into a more predictable pace as analysts determine what areas of the global economy are impacted specifically.
The underlying economic fundamentals in the U.S. remain strong, with unemployment benefit rolls at their lowest in 52 years and manufacturing and homebuilding both increasing in February.
VOO is currently offering a cheaper entry point for investors, trading at 19.7 price-to-earnings compared to the 26.1 P/E ratio of the S&P 500 at the beginning of 2022.