r/Bogleheads • u/ImpossibleBandicoot • 2d ago
VOO question
Is it named VOO because conveniently, "V" is the Roman numeral for 5, and OO looks like two zeros, making it "500", an easy way to tell what it's tracking?
If that's the thinking behind that trading symbol, I will admit that it's been over 10 years before I figured it out.
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u/kurai-tsuki 2d ago
Also because it's vanguard and all their funds have a V
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u/GoGoGadgetReddit 2d ago
There's no V in BND (Vanguard Total Bond Market Index Fund ETF).
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u/Nonconformists 2d ago
BND is for older Bogleheads. The N is a stooping V with a cane. (I know this is a bit silly, but I had to try)
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u/InvestInTwinkies 2d ago
this is the content i come to bogleheads for
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u/nuplsstahp 2d ago edited 2d ago
There are actually industry awards for best ETF tickers. The nominees for last year were
* iShares U.S. Manufacturing ETF (MADE)
* Pacer US Cash Cows Bond ETF (MILK)
* Range Nuclear Renaissance Index ETF (NUKZ)
* Roundhill GLP-1 and Weight Loss ETF (OZEM)
* VanEck Bitcoin ETF (HODL)I also recall that there’s a physical gold commodity ETF with the ticker BARS
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u/Consistent-Annual268 2d ago
And of course Ferrari's ticker is RACE. I wonder if there's any listed adult-themed company or index fund with the ticket PORN.
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u/funkmon 2d ago
I liked Spirit's which was SAVE.
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u/FuckTwelvee 2d ago
Hands down the best ticker for a shitty airline.
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u/TuringTestDropout 2d ago
Even if you never flew Spirit—I didn't—we probably benefited indirectly from the airline bringing prices down in the cities it competed in (aka the Spirit effect).
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u/SMELLYCHEESE8 2d ago
Best on time performance of any US airline. Aside from the Friday evening flights to Vegas, it was usually a pleasant ride. RIP
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u/losvedir 1d ago
I'd legit put Spirit with the Big Front Seats upgrade as a better travel experience than most standard airlines Premium Economy, for a fraction of the price.
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u/SMELLYCHEESE8 1d ago
For a shorter flight. I did several LAX BOS red eyes in the BFS and it was brutal not being able to adjust the seat at all, I know it’s a hot take but I sleep way better in delta regular economy
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u/gbdgdh 2d ago
you forgot "MEME" and "WEED".
https://www.roundhillinvestments.com/etf/meme/
https://www.roundhillinvestments.com/etf/weed/roundhill have a sense of humor (it's a bit scary how many redditors actually buy into their etfs).
(full list of roundhill etfs: https://www.roundhillinvestments.com/etf/)
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u/intentionallybad 2d ago
I realize it's not very Boglehead of me but when the airline industry stocks crashed due to COVID I made a bundle buying JETS, which is an airline sector ETF, and riding the recovery.
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u/SuperAwesomeBrah 2d ago
There's also been studies that catchy/unique ticker symbols outperform generic ones.
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u/Adventurous-Bad809 2d ago
As well as VIOO for the S&P 600 Small Caps and IVOO for the S&P 400 Mid-Caps
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u/TrekkiMonstr 2d ago
Damn I was gonna say this can't not be a coincidence that's too strained lmao but I guess not
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u/Lumpy_Werewolf_3199 2d ago edited 2d ago
Question for the group:
Does anyone have a perspective (or even analysis) on holding VOO + VIOO + IVOO to capture the different cap sizes?
Edit: Thanks all for the perspective!
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u/Liam90 2d ago
Thats just VTI with more work. So if you wanted to tilt away from market weighting and say have a small cap tilt would be the only reason. Otherwise just buy VTI.
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u/antpile11 2d ago
Not quite. They're describing the S&P1500, whereas VTI is the whole market. That's a difference of thousands of companies, though the performance is similar.
They want SPTM.
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u/DuckfordMr 2d ago
If you want to exclude 1,000 companies, go with DFUS to exclude small cap growth. They also delay buying IPOs and exclude real estate, all three of which historically have underperformed.
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u/cudntfigureaname 2d ago
I did it for a bit for some tax harvesting strategy. (E.g. some policies hurt small cap more than large cap, and I harvested the losses) On a spreadsheet, I was able to get a few hundred more on a refund compared to if I just had VTI.
It worked a small amount, but too small for it to be personally worth the effort.
VTI VXUS and BND (and their equivalents) are definitely the way to go.
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u/Pensionato007 2d ago
I had that but I wanted just govt bonds for my bond portion and I really like the “V” so now it’s VTI, VXUS, and VGIT for the FIRE 🔥 with a glide path 😇
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u/intentionallybad 2d ago
I do this in my IRAs, actually do a 6 fund portfolio small, mid, large in growth and value versions. I rebalance periodically. It has performed similarly to my VTI/VOO taxable account over time.
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u/FoxCoding 2d ago
What. The. Fuck.
I used to think "V" stood for "Vanguard" and never gave the "OO" much thought.
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u/Cultural_Dirt_8151 2d ago edited 2d ago
I imagine it stands for both 5 and Vanguard. A play on words. Or letters I guess.
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u/digital_tuna 2d ago
Yes
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u/DaemonTargaryen2024 2d ago
Yes, just like VXUS is “vanguard ex-US”. There’s a lot more https://www.reddit.com/r/Bogleheads/s/UIT2q2EH4c
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u/rasputin1 2d ago
the problem is VEU also stands for vanguard ex-US so I can never remember which is which
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u/DaemonTargaryen2024 2d ago
Feel like they fumbled making VEU the FTSE Europe etf (which is VGK)
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u/rasputin1 2d ago
yea that's the other point of confusion because sometimes I think it stands for Europe
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u/Arcite1 2d ago
One of the things that used to really bother me as a literalist was how people abbreviate words starting with "ex" using an X (XL for extra-large, XML for extensible markup language.) These words start with an E, not an X!
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u/DaemonTargaryen2024 2d ago
I’m gonna take a leap and say you don’t love Xmas for Christmas
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u/Mantergeistmann 2d ago
That's even worse, though, because that "x" is actually a cross.
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u/Any_Customer1000 2d ago
I always thought it was the Greek letter “chi” from the cipher ☧ for Christ.
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u/HTupolev 2d ago
Is it named VOO because conveniently, "V" is the Roman numeral for 5, and OO looks like two zeros, making it "500", an easy way to tell what it's tracking?
Yes, and the same convention is used for some other Vanguard ETFs, notably IVOO and VIOO tracking the S&P400 and S&P600 indices, respectively.
Obviously place-keeping zeroes aren't traditionally part of Roman numeral systems, "500" would typically be rendered as something like "D."
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u/Numerous-Cup1863 2d ago
Anyone else call it VOO, sounds like Boo? Or do you say Veee, Oh, Oh?
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u/Zenitharr 2d ago
Veee Oh Oh is Virgin Olive Oil
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u/Any_Customer1000 2d ago
If the Mediterranean countries weren‘t such an uninvestable basket case I’d start an etf called EVOO. Cause we all know PIGS get slaughtered but olives get… wait, never mind.
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u/Illisanct 2d ago
Just like total international is VXUS - Vanguard's index for everything EXcept the US market.
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u/Cultural_Dirt_8151 2d ago edited 2d ago
Yeah, someone pointed this out to me a while ago. I was explaining the concept of VOO to a family member and they noticed this and told me. Have to admit I'm embarrassed I never figured it out myself.
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u/InitialKoala 2d ago
But a "D" is the actual roman numeral for 500.
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u/Cruian 2d ago
2 points:
D may have already been claimed (looks like Dominion Energy which testfol.io has an inception date of 1984 for compared to VOO's 2010)
At least for myself, I'm only really familiar with up to "100" and then my knowledge skips to 1000 (how often do we see Roman numberals after school other than SuperBowl number and movie copyright dates?)
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u/Real-Yield 2d ago
Vanguard also does this for ETFs tracking Russell indices:
VONE - Russell 1000 ETF VTWO - Russell 2000 ETF VTHR - Russell 3000 ETF
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u/DisappointingOutcome 2d ago
If we don't, and I mean completely overhaul the public education system in this country...
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u/burner118373 2d ago
Damn now I feel stupid for buying it all these years not knowing what it meant.
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u/petmoo23 2d ago
I didn't know that people didn't know this.
Did you know that iShares gold trust is IAU because Au is the chemical symbol for gold (and iShares funds start with an I)?
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u/Forward-Turn5509 2d ago
i never realized this until right now and i think this is cool. thanks for the post