Vanguard Russell 1000 ETF (VONE) offers stability and diversification through top holdings

From Nasdaq MarketSite: 2024-05-20 06:20:07

The Vanguard Russell 1000 ETF (VONE) offers exposure to the Large Cap Blend segment of the US equity market, with over $4.82 billion in assets. With low operating expenses of 0.08%, the fund has a 12-month trailing dividend yield of 1.28%. It holds top stocks like Microsoft, Apple, and Nvidia.

Large Cap Blend companies offer stability and are less risky. ETFs like VONE provide a mix of growth and value stocks, including Microsoft, Apple, and Nvidia. VONE seeks to replicate the Russell 1000 Index’s performance, with a 11.27% gain this year and a beta of 1.02, making it a medium-risk choice in the market.

The fund has the largest allocation to the Information Technology sector, with significant exposure to Financials and Healthcare. Holding over 1000 assets, VONE effectively diversifies company-specific risk. It is a reasonable option for those seeking Large Cap Blend exposure, alongside alternatives like IVV and SPY, tracking similar indexes with different expense ratios.

Passively managed ETFs like VONE are favored for their low costs, transparency, flexibility, and tax efficiency. Investors interested in this ETF or others should research and analyze options that match their investment objectives at the Zacks ETF Center, which provides news and analysis on top-performing ETFs each week.



Read more at Nasdaq MarketSite: Should Vanguard Russell 1000 ETF (VONE) Be on Your Investing Radar?