Vanguard S&P 500 ETF's 0.03% Expense Ratio Minimizes Costs for Broad Market Exposure

Investors can generate meaningful, durable wealth quietly and cheaply by holding the Vanguard S&P 500 ETF (VOO). The fund mirrors the S&P 500 index, which functions as a self-correcting mechanism that adds winning companies and removes losing ones. VOO has a beta of 0.99, meaning it moves almost in lockstep with the market. The fund's 0.03% expense ratio keeps costs to a minimum. VOO currently manages $865 billion in assets under management. Over the past decade, the fund has returned 229%, with gains of 66% over three years and 27% over the past year.