RESOLVING THE LEDGER
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The Vanguard S&P 500 ETF (NYSEMKT: VOO) is one of the best investment vehicles for long-term investors. The index fund tracks the holdings of the S&P 500 , a market index of the 500 largest companies in the U.S.
This Vanguard ETF has a rock-bottom expense ratio of just 0.03%. That means investors pay very little in fees, allowing the vast majority of gains to be reinvested for the long haul.
The Vanguard S&P 500 ETF has been around since 2010, generating more than a decade of performance data. Since its inception, the fund has posted an average annual return of 15.03%. Over the past decade, annual returns have averaged roughly 15.47% -- almost perfectly in line with the fund's underlying benchmark.
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