VOO Has Returned 281% Over 10 Years, But Concentration Risk Is Growing

Quick Read Vanguard S&P 500 ETF (VOO) holds 32.2% in Information Technology with top three holdings—Nvidia (NVDA), Apple (AAPL), and Microsoft (MSFT)—representing over 19% of assets combined, concentrating fund performance on mega-cap tech rather than broad diversification. The fund charges a 0.03% expense ratio and has returned 281% over the past decade, though it is down 4% year-to-date with elevated volatility. Rising Treasury yields at 4.34% create valuation pressure on VOO’s growth-heavy tech conc ...