Overview
Description
The Vanguard S&P 500 Index ETF is an exchange-traded fund designed to track the performance of the Standard & Poor's 500 Index, a key indicator of U.S. equity market performance. This ETF aims to mirror the investment results of the index, which includes 500 of the largest companies listed on stock exchanges in the United States, representing a range of industries from technology to healthcare and finance. One of its notable features is its diverse portfolio, offering broad exposure to the U.S. large-cap market sector, thus providing investors with a convenient way to diversify their investments across multiple sectors. With its low expense ratio typical of Vanguard's products, the ETF is efficient in monitoring the index's performance closely. It plays a significant role in the market by offering a benchmark product that serves as a core component for many investment portfolios, reflecting the overall health of the U.S. economy. As a passively managed fund, its objective is to deliver long-term capital growth by mimicking the index's earnings and performance trends, making it a staple in the landscape of index-based investing.
About
Address
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Phone
888-293-6729
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE