5 Best Vanguard ETFs For 2024

4. Vanguard S&P 500 ETF (NYSE:VOO)

5-year Share Price Performance as of March 11: 80.74%

Vanguard S&P 500 ETF (NYSE:VOO) invests in stocks from the S&P 500 Index, which consists of 500 of the largest US companies. Its objective is to closely mirror the index’s return, serving as a benchmark for overall US stock returns. As of February 28, 2024, Vanguard S&P 500 ETF (NYSE:VOO)’s expense ratio stands at 0.03% and its total net assets amount to $1.0 trillion as of January 31, 2024. Vanguard S&P 500 ETF (NYSE:VOO) is one of the best Vanguard ETFs to invest in. 

Apple Inc. (NASDAQ:AAPL) is one of Vanguard S&P 500 ETF (NYSE:VOO)’s top holdings. On February 1, Apple Inc. (NASDAQ:AAPL) announced its fiscal 2024 first quarter ended December 30, 2023. The company reported a GAAP EPS of $2.18 and a revenue of $119.6 billion, outperforming Wall Street estimates by $0.07 and $1.34 billion, respectively. 

According to Insider Monkey’s fourth quarter database, 131 hedge funds were long Apple Inc. (NASDAQ:AAPL), compared to 134 funds in the prior quarter. 

Horizon Kinetics stated the following regarding Apple Inc. (NASDAQ:AAPL) in its fourth quarter 2023 investor letter:

“The full point is that if BYD has turned its attention from its domestic market to direct global competition, then other Chinese companies can do the same. The next most visible example of Chinese commercially applied technological prowess relates to the 2nd highest-weight company in the S&P 500, Apple Inc. (NASDAQ:AAPL).

In September 2023, Huawei Technologies introduced its Mate 60 Pro smartphone. It uses its own, internally developed 5G enabled chip that is apparently competitive with the Apple A17 chip. For practical purposes it has the functionality of the iPhone 15 Pro. This came as a great surprise – perhaps even shock – to the U.S. technology community, because four years ago the U.S. placed strict sanctions on China’s access to state-of-the-art semiconductor manufacturing technology…” (Click here to read the full text)