The Vanguard S&P 500 ETF Is Sinking, but This Wall Street Analyst Predicts It Will Soar 168% by 2030
The Vanguard S&P 500 ETF (NYSEMKT: VOO) tracks the performance of the S&P 500 (SNPINDEX: ^GSPC) index, which is made up of 500 companies from 11 different sectors of the economy. It's the most diversified of the major U.S. stock market indexes, offering investors exposure to everything from technology powerhouses to banks.The S&P 500 has delivered a compound annual return of 10.5% since it was established in 1957, but it's coming off an especially strong year in 2024 with a total gain of 25% (including dividends). Unfortunately, 2025 is off to a weak start with the index declining by 8.7% from its recent all-time high, as investors try to navigate growing uncertainty about global trade, which could significantly impact economic growth.Investors should stay focused on the long-term picture because history proves the stock market always climbs to new highs given enough time. In fact, one Wall Street analyst predicts the S&P 500 will soar 168% by 2030, so here's why now might be the ideal time to buy the Vanguard S&P 500 ETF.Continue reading
The Vanguard S&P 500 ETF (NYSEMKT: VOO) tracks the performance of the S&P 500 (SNPINDEX: ^GSPC) index, which is made up of 500 companies from 11 different sectors of the economy. It's the most diversified of the major U.S. stock market indexes, offering investors exposure to everything from technology powerhouses to banks.
The S&P 500 has delivered a compound annual return of 10.5% since it was established in 1957, but it's coming off an especially strong year in 2024 with a total gain of 25% (including dividends). Unfortunately, 2025 is off to a weak start with the index declining by 8.7% from its recent all-time high, as investors try to navigate growing uncertainty about global trade, which could significantly impact economic growth.
Investors should stay focused on the long-term picture because history proves the stock market always climbs to new highs given enough time. In fact, one Wall Street analyst predicts the S&P 500 will soar 168% by 2030, so here's why now might be the ideal time to buy the Vanguard S&P 500 ETF.
