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Vanguard index product becomes first ETF to top $1 trillion in assets
The fund drew $66 billion in the first five months of 2026 as investors favored its 0.03% fee, Reuters reported.
- On Tuesday, June 2, 2026, the Vanguard S&P 500 ETF became the first exchange-traded fund to exceed $1 trillion in assets, the investment firm confirmed on Wednesday.
- Attracting $66 billion in new capital through the first five months of 2026, the fund's growth stems from strong investor demand for low-cost exposure, as VOO levies a management fee of only 0.03%.
- VOO hit this milestone less than 18 months after overtaking State Street Investment Management's SPDR S&P 500 ETF , which holds $785 billion, while BlackRock's iShares Core S&P 500 ETF maintains $860 billion.
- "This is a key milestone," said Todd Rosenbluth, head of research at VettaFi, adding that "investors continue to turn to low-cost broad market exposure to gain access to the S&P 500 using VOO."
- Analysts caution that the S&P 500 index looks richly valued at a 27.4x price-to-earnings ratio, driven by technology companies comprising 35% of the index.
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Vanguard’s VOO Hits $1 Trillion of Assets in ETF Industry First
A seemingly endless appetite for buying US stock dips has propelled Vanguard Group’s S&P 500-tracking ETF past $1 trillion in assets, making it the first fund of its kind to reach a milestone once thought unimaginable for the ETF industry.
·New York, United States
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Vanguard index product becomes first ETF to top $1 trillion in assets
·New York, United States
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Total News Sources15
Leaning Left2Leaning Right2Center3Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 29%
C 43%
R 28%
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