VOO’s historic gains carry a growing risk for retail investors
The Vanguard S&P 500 exchange-traded fund (ETF) held roughly $1.76 trillion in total net assets as of Aug. 31, 2026, and anchors retirement portfolios nationwide, Vanguard reported. Most holders treat it as a broadly diversified position across 500 companies, with an expense ratio of 0.03% that makes the cost nearly invisible. A $500 monthly contribution
