Vanguards S&P 500 index fund (VOO) asset allocation U.S. 2023, by security type
The majority of assets held by the S&P 500 index fund were allocated to stocks in the I.T. sector. Finacial stocks followed in second place, holding roughly 13 percent of the total assets of the S&P 500. The stocks in the S&P 500 index traded under the ticker symbol VOO are chosen by the S&P committee with the goal of keeping fund turnover and costs low.