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TechThe Motley Foolabout 8 hours ago
Vanguard S&P 500 ETF returns 814% since 2010The Vanguard S&P 500 ETF has returned 814% since its 2010 launch, or 15% per year. The fund's forward price/earnings ratio is around 21, lower than its past five-year average. The Shiller CAPE ratio is nearing an all-time high at 42.84, similar to the 1999 tech bubble peak. Artificial intelligence capex spending drives revenue growth but may stretch stock prices to historically expensive levels.
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