A Vanguard ETF with a 0.04% fee is reportedly outperforming the S&P 500. The Vanguard S&P 500 Value Index Fund ETF Shares, also known as VOOV, is being discussed as a potential investment option, with some outlets suggesting it may be a good choice for certain investors. The ETF's performance is being compared to other investments, including tech holdings and growth rivals, with some outlets noting its potential to outperform them.