VOO Is Down 6% From Its High. Over the Past Year It's Up 10%. Which Number Should Investors Focus On?

The Motley Fool · David Dierking · 2026-11-06 16:20 UTC

The markets experienced a sharp negative reaction to election results. But does it change the long-term trends?

The Vanguard S&P 500 ETF (VOO +0.80%) is about 6% below its October peak after a punishing post-election Thursday on Nov. 5. Over the past year, however, it's still up roughly 10%.

One number is a reflection of short-term volatility and uncertainty. The other suggests a market whose long-term trend line is still pointing up.

Which one should you pay more attention to?

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