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Benzinga
Benzinga
Business
Chandrima Sanyal

High Stakes For VOO And SPY: The S&P 500's Lofty Valuations Put ETF Strategies To Test

Spy VOO ETF United States
Managers Beat S&P

Following a blistering 85% spike in just three years, the S&P 500 has returned to rarefied heights.

Vanguard S&P 500 ETF (NYSE:VOO) and SPDR S&P 500 ETF Trust (NYSE:SPY) are tracking the benchmark. It’s now at a forward price-to-earnings ratio of about 23, a level last witnessed during the dot-com era.

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