The Vanguard S&P 500 ETF: Is It Still a Core Portfolio Holding?

The Vanguard S&P 500 ETF (NYSEMKT: VOO) became the world's largest exchange-traded fund (ETF) earlier this year when it surpassed the SPDR S&P 500 ETF Trust. Both funds track the performance of the S&P 500 (SNPINDEX: ^GSPC), but Vanguard's strong reputation as an index fund leader, along with a lower expense ratio, helped propel its ETF into the top spot.However, given recent market volatility, some investors may wonder if the Vanguard ETF should still be a core holding. One of the arguments against the Vanguard 500 ETF is that the S&P 500 index has become too top-heavy with big tech companies. Over 30% of its holdings are in the technology sector, and that doesn't even include companies like Amazon and Tesla, which are technically classified in other sectors. The S&P 500 has become more concentrated in tech stocks and less diversified over time. Here is a list of the ETF's top holdings and their weightings as of the end of April:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool