##  [# VOO Becomes First ETF to Hit $700 Billion](/sections/features/voo-becomes-first-etf-hit-700-billion) 

 

# VOO Becomes First ETF to Hit $700 Billion

 

 

The hugely popular ETF hit another big milestone.



 

 

 

 

 [![sumit](/sites/default/files/styles/author_image_icon/public/2023-03/Sumit_0.png?itok=SO-7S5SH "sumit")](/authors/sumit-roy) 

[By Sumit Roy ](/authors/sumit-roy)

 Aug 07, 2025

 Edited by: ETF.com Staff

 

 

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2025 has been a banner year for the [**Vanguard S&amp;P 500 ETF (VOO)**](/VOO).  
  
After overtaking the [**SPDR S&amp;P 500 ETF Trust (SPY)**](/SPY) earlier this year to become the world’s largest ETF, VOO just notched another milestone, becoming the first ETF in history to cross $700 billion in assets under management.  
  
It’s a quieter record than dethroning SPY, but it puts VOO one step closer to an even more eye-popping figure: $1 trillion.  
  
As of Wednesday, VOO had roughly $712 billion in assets under management, well ahead of the $648 billion in SPY and the $643 billion in the [**iShares Core S&amp;P 500 ETF (IVV)**](/ivv), according to ETF.com data. That gap has widened steadily throughout the year thanks to massive inflows.  
  
VOO has already taken in $74 billion in net new money in 2025, more than triple the inflows of the next closest fund, the [**iShares 0-3 Month Treasury Bond ETF (SGOV)**](/sgov), which has added $23.8 billion.  
  
At this pace, VOO is on track to post another $100 billion-plus year, following its record-setting $117 billion haul in 2024. If momentum continues, the trillion-dollar ETF club—once a far-off fantasy—could become a reality within the next few years.  
  
The fund’s success reflects a combination of strong stock market performance, Vanguard’s reputation for investor-friendly practices, and a loyal base of long-term investors drawn to its low-cost structure.   
  
With an expense ratio of just 0.03%, VOO offers broad U.S. stock market exposure at an ultra-low cost, making it a core building block in millions of portfolios. And for now, it’s showing no signs of slowing down.



 

 

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 [ Sumit Roy Senior ETF Analyst ](/authors/sumit-roy) 

 

 

  Sumit Roy is the senior ETF analyst for etf.com and author of (Don't) Invest Like a Pro. He creates a variety of content for the platform, including…   [View Bio](/authors/sumit-roy)

 



 

 


 Related Topics  [S&amp;P 500](http://www.etf.com/topics/sp-500)